Ann: MetalsTech Commences Diamond Drilling at Rusty Lake, page-106

There's no right answer to how to manage an exploration company, but I personally don't see how I could have done anything different since inception if I was at the helm. A lot of people complained about drilling Adina instead of Cancet earlier this year, but if they hit wider intercepts that would have been everyone's favourite decision, and if they had drilled Cancet before doing the proper follow up summer prep work it would have been something else to complain about.

All of the magnetics and fieldwork done during the summer months rather than drilling were a choice to make sure the company is set up to launch multiple drill programs now and into winter and now that's all happening.

A lot of people also complain about 'too many tenements and not enough drilling', but there are plenty of case studies of Lithium explorers just having one project and making average gains in share price while the market cap increases.

It also gives the ability to pivot to the most profitable projects, I'm sure we'll know after drill results which of Bay Lake and Rusty Lake will be worth pursuing first.