While we are waiting for results or visuals on our tin project,...

While we are waiting for results or visuals on our tin project, our neighbour who holds about 1300 km2 the NE released a presentation regarding current progress in that area. We hold about 2500 km2 & some of our tenements are surrounding those areas where prospecting is happening. Some broad key takeaways are:

Early mover in remerging field & interpreted extension of Victorian gold field. Broad gold intersections suggesting likelyhood of IRGS deposits. 3 of 6 currently drilled holes had visible gold. Historical mining in the NE could range between 15-45g/t au. Fosterville style prospects inc signs of multiple parallel trends showing very similar enrichment (as/sb/au) to Bendigo, Fosterville & Castlemaine. SN mined in the early days inc wo3 (about 70kt sn - alluvial deposit) - currently another explorative focus for them. Their Henty zinc project (just south of Zeehan) has high grade zinc.

We are about still behind as far as drilling goes (hopefully later next year???) but this is shaping up as a very exciting area. As I have said before, this NE area could be a company in its own right. Fietz has a lot on his plate !!