Ann: More High-Grade Copper Discoveries at Storm, page-235

Just ask yourself when and why it went up from 5.6 c to 37.5 c?was it the results of the superficial deposits ? Or was it the results of the high resolution ground gravity survey announcing the 'MotherLode' copper target on the 13th june 2023. The emphasis was on these targets being under known copper mineralisation deposits such as 4700N, 3500N, 2750N, 2200N. The inference was that this could be leaking from the deeper system. Now everything about the thesis aligned. It didn't necessary require a high grade result but at least, have a low grade conversion of the visual sulphides which correlated with the red zone in the gravity surveys. The latest results done at the heart of the zones did not deliver the goods. It is this invalidation which was critical because even if the low grade copper was correlating with the red zones, there would be some validation. The visuals and gravity survey results which caused the sp to appreciated significantly has not correlated with the assays. Hence, the investors in general determine the probability of the remaining gravitational results not correlating and the motherlode targets not applying. That is the ultimate reason for the sell down. Now for aw1 to recover, the superficial deposits need to expand significantly.future drilling to identify a feeder zone.