Ann: Kookaburra Gully Graphite Project increases Resource by 87%, page-18

Pretty certain that the resource estimate is still 5% for Kookaburra Gully and Koppio and the resource size for these two deposits remain unchanged. What has changed is a maiden resource for Kookaburra Gully Extended which was done to a 2% cut off. The results from KGE have been patchy with lots of lower grade holes. It's currently an inferred resource which would allow the lower 2% cutoff to be used. An important factor is that KGE remains underexplored. There have been some good holes at KGE but a lot more drilling needs to be done. Looking forward to the results of the three months of planned drilling.