Ann: Further High Grade & Expanded Footprint at Hemi, page-417

The DEG team have this well in hand and will proceed accordingly whatever is speculated on HC.

Some comments:

1 I can't recall if any comment has been made about DEG putting out an MRE in the near future.

If this were an IRGS system an inferred resource could probably be signed off. It isn't, but IMO the drill density at a nominal 80x40-80m could be close if DEG decide to go that route.

The drilling density and depth will be close to that required for a reasonable MRE once current planned drilling (red circles) is done for Aquila.

Brolga : Results from three holes on 30320E are patchy and suggest the system is weakening to the west (needs more holes though). 30400-30720E have been drilled to close to that required for a reasonable MRE at inferred status with drill density of 80x40m near surface and 80x80 at depth.



The term extensional drilling is used to expand from existing resources. Not quantified in this case but something implied.

2 Playing Devil's advocate on the intrusives. They 'came' up and we may never know what erosional level we are at some 3B years later. The really good gold (and copper (LOL)) may have already gone off to give Novo something to mine leaving the deep roots of the intrusives and a few nice dregs.

3 Agree Aquila has depth potential. The extensional drilling will scope this out and, if successful, need further infill. The depth is getting to where Open Pit and UG economics meet.
I suspect there will be an additional hole to test area B plunge/dip on 30720E.

Brolga is IMO closing off down dip with the pattern in this section being repeated between 30400-30640E. There is a slight chance the dip could become steeper and has not been tested properly.
BROLGA JUNE 2020.pdf



The intrusive that contains Brolga has been traced by AC drilling for at least a kilometer to the south and it is reasonable to assume there will be mineralised zones within it - AC hits already plus two RC holes still to be reported so stay tuned.

4 Crow? AC results on 30000E (section A) hint that the low grade Au seen on 30320E may extend to the west. ? to the East and North. Potentially a huge volume of mineralisation - stay tuned and bring on a mega pit...pretty please...



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I have been tempted to contact DEG to see if they are considering IP or EM (unlikely) surveys given the gold mineralisation correlates with sulphide (py/?aspy) content. IP is quite expensive and does not give any indication of grade so drilling fences of AC may be a better option for the time being.
If there is significant pyrite in the surrounding sediments - forget it.
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GLTAH