Ann: Lady Fanny IP Survey Lights Up Strong Chargeability Targets, page-41

The interesting thing here is that the southernmost survey line, showing the very intense IP chargeability, lies below surface alluvium which has masked outcrops at surface. In other words its a "blind" ore shoot which the old timers were unable to see. In effect then it opens up further opportunities as I'll be a penny to a pound the whole Duchess lease area contains multiple blind ore-shoots yet to be discovered. Obviously the starting point for CNB has to be where the old timers were pulling up ore based on visible surface outcrops, but now we are starting to extend our geophysics somewhat further away albeit along the generic strike direction(s)... both at LF and ND. Our story is clearly just beginning, its what we can't see lurking at depth that gets the heart racing. Let the placement holders sell into the rallies, eventually they will run out of ammo, whilst we continue to identify and add new copper zones.
Any further placements will likely be much less in volume terms so any overhang will have less impact than currently. And existing holders should be given a pro-rate SPP opportunity to participate. Appreciate any placement is quite a way off in the future but just saying to keep this up in front of management.