Ann: New assays to underpin Steam Engine Feasibility Study, page-6

I asked my last post to be removed as it mysteriously had a few sections removed.

This what I wanted to post;

My guess is that that it was only one batch that caught their eye. It was to do with quality control by SGS, or the apparent lack of it. I doubt if any others went through unchallenged.

Anyway, this is an extract from page 17.

Certified gold, multi-element standards and blanks were included in the samples submitted to the laboratories for QAQC. Some quality control issues were identified from check assaying of standards. This required the re-assay of mineralised zones for Au to assure quality control. The re-assayed results passed quality control QAQC, and whilst not varying considerably from the original assays assured confidence in the reported results. The re-assaying was conducted by Intertek Australia Laboratories (Townsville) using a 50-gram sample by method FA50/OE04 for Au.

What now? from pages 10 and 11

The following sets out the key catalysts and work units that are planned over the next Quarter:

1. Reporting of updated Scoping Study financial model using a substantially higher gold price assumption.

2. Continuation of Feasibility Study work units;

3. Receive and report on outstanding 2024 drill sample assays. These will mainly comprise assay results from the SAM target at the southern end of the Eastern Ridge Lode and maiden drilling from the Windmill East Lode;

4. Progress updates on the Steam Engine Feasibility Study and pathway to production;

5. Mineral Resource re-modelling and upgrade;

6. Cultural heritage surveys over priority SAM targets;

7. Discussions / negotiations with third party toll processing parties;

8. Metallurgical and other mining study related work relating to Feasibility Study; and

9. Establish a maiden Ore Reserve.

10. Maiden Mineral Resource Estimate on the Cockie Creek Porphyry Copper Prospect.