Ann: New High-Grade Results Enhance Bruno-Lewis Deposit, page-7

Yep, these results are everything one could hope for, and indeed, follow the pattern for all of the phase 3 campaign results so far:

The results have exceeded our expectations, highlighting the potential both to increase the average grade of the Resource and to include previously identified lode positions that were not classified as part of the Mineral Resource estimate in February 2020. This work will be incorporated as part of our project-wide Mineral Resource estimate update towards the end of the year, which will be based on current, much higher gold prices. The recent drilling has also demonstrated the potential for the mineralisation at Bruno-Lewis to link up with the Lewis East prospect as part of a much larger mineralised system. This potential will be evaluated with further drilling later this year.

It'll certainly be interesting to see the impact of all the virtuous aspects of the current work come together (simply the fact of so much more ore, higher grade, economies of scale from larger pit designs, etc), and be set against the backdrop of significantly higher gold prices in the Mineral Resource estimate update later this year.

As frustrating as it is, the mismatch here between what's being objectively achieved by the Company, and its market valuation, is getting ridiculously overstretched.

Markets don't remain irrational for ever.