Let’s directly compare the bottom of Hole 4 to the bottom of...

Let’s directly compare the bottom of Hole 4 to the bottom of Hole 5 to assess whether gold grades were decreasing with depth or remaining strong.

Hole 4 (25ENDD004)

•Total intercept: 149.5m @ 0.94g/t Au from 184.5m

•Includes: 91.5m @ 1.15g/t Au from 184.5m

•High grade at depth: 2m @ 13.52g/t Au from 200m

•Mineralisation extended to ~334m depth, tapering off gradually

Observation: Gold grades did decline in the final ~30–40m of Hole 4, trending toward sub-1g/t zones, but there were still some isolated spikes in the mid-to-late 200m range.

Hole 5 (25ENDD005)

•Total intercept: 150m @ 0.71g/t Au from 230m

•Includes: 21m @ 1.65g/t Au from 356m

•Includes: 10.4m @ 2.36g/t Au from 360m

•Includes: 0.3m @ 30.6g/t Au @ 304m, and 13.4g/t Au @ 369.6m

Observation: Unlike Hole 4, Hole 5 finishes strong, with some of its highest grades coming right near the bottom (e.g. 13.4g/t and 2.4g/t zones around 370m).

✅ Conclusion:

•No, the results in Hole 5 were not decreasing at depth.

•In fact, Hole 5 showed stronger grades in the lower sections compared to Hole 4.

•This suggests the system may be improving with depth, and supports the potential for high-grade shoots continuing below 380m.

Let me know if you want this visualised or graphed by depth.