Ann: More High-Grade Gold Results from Elizabeth Project, page-11

We didn't see those triple digit grades that it appears some were only after, but what I did see and I liked were:

- wider intervals of high grade gold (6.6m @ 8.4g/t and 6.4m @ 7.22g/t) (also 46.3g/t is bonanza grade)
- all 15 holes to date hitting veins
- the veins for the 11 yet to be reported holes are beyond the historic resource and aimed to extend mineralisation. without knowing grades we know the veins have been hit in these areas
- we should get info on further extension with upcoming down plunge holes, and remainder of drilling program
- they have a plan to continue onsite work once winter sets in. We shouldn't see the 6 mth SP drift on the back of reduced news as we did in the first half of the year
- reiterated maiden JORC resource estimate expected by year end. Will allow direct comparison with larger MC companies with JORCs.

For all the short term holders, I expect a bounce if/ when Next Mining Boom cover today's announcement. With less shares being offered any move should be bigger than the last.

TMR is still a strong hold from me