Ann: Major Copper Discovery Confirmed at Storm, page-155

So much emotion... so little on the discovery and next steps..... There has only been 2 DD holes, who knows what the hell the resource will look like, its all speculation until it is drilled... AW1 have hit a resource at depth, this is good, lets see how many DD holes they can pop in in the next 2mnths to get some idea of continuity and the resource in general.

They have intersected Chalocite, one would expect >3% Cu in deeper zone, could go as high as 5-7% over thick sections - too hard to say from limited amounts of visuals, but this is good... I do think it is a bit of a red flag to not include any XRF readings in the announcements... Also these drill results do show the hit and miss nature of density anomalies!!! A 30m hit is certainly not a 100m hit!!!

The next DD hole is 2km south of ST23-02 and 1km west of the 2750N zone, so it is roughly where the X is below - this will give some indication of what is the cause of the surface mineralisation in 2750N... and more importantly could these zones be connected at depth (by the gravity survey... no?)

What IMO would be more interesting is another hole north west of ST23-02 as it is clear that between ST23-01 and ST23-02 thickness has increased, and I will assume grade has increased (due to presence of chalocite in ST23-02)... So all IMO but will be interesting what lies to the north-west, could grade and thickness continue to increase?