"A further 8-10 weeks of data processing will take place before...

"A further 8-10 weeks of data processing will take place before the Company will have a full 3D interpretation of T5 and the embayment area. The Company will update the market with the modelled results when available.The Carr Boyd basal contact is the most prospective horizon within the Intrusive Complex. Historically it been difficult to intersect in drilling due to its variable dip and in places, faulted nature. The use of seismic will vastly improve the success rate of any targeted drilling at depth. The company has comissioned Graeme Hird from Rock Solid Seismic to assist with the interpretation. Mr Hird is Australia’s most experienced hard-rock seismic interpreter. The seismic survey is a necessary de-risking tool employed by the company that will increase the success rate of deeper drilling targeting the basal contact for nickel sulphides. Interpretation will utilise all new and historical, geological and geophysical datasets available to the company."

From April Ann so perhaps not too far away and could further de-risk. Likely then to guide the P4 program. Wait and see what Ultramag comes up with as an adjunct to current drilling in the short to medium term.

Hopefully better weeks to come.