Ann: Quarterly Activities and Cashflow Report - December 2020, page-6

Thats right Beale so to really break it down further what the company (DEVEX) announcement is saying is that CHNs quite advanced understanding of these Julimar zone PGE systems shows that (remembering we share a Chairman and an office building with those guys so their knowledge is our knowledge because our common Chairman can't unknown what he knows) so their understanding and experience has shown that surface magnetic imaging work in that zone has proven unreliable in pinpointing locations and existence or not of good targets and mineral deposits.

The Geo Chem signatures i.e. anomalies in soil are are far better and more reliable indication of goodies underneath.

And we are showing very good geo chem alteration at surface showing just the right mineral signatures.

I think CHN did Geochem then proceeded straight to drilling there first target at Julimar and bang first drill hole made a major discovery.

Not saying it will be that easy for us or we will find anything at all but our surface Geo chem results or the sites we are about to drill are strong.

That is my understanding, but I have been wrong before so do your own investigation.