Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-11

Announcement from CRB today

• Carbine has completed its 2021 drill program testing the higher grade (99.7% - 99.9% SiO2) Eastern Area*

• 233 holes were drilled along existing tracks for 1,892m producing 1,088 samples
• All samples have been delivered to Intertek Genalysis for assaying, first results expected in January 2022
• Lines 1 and 2 run parallel and are closely spaced, sufficient to undertake a Mineral Resource Estimate
• Widenbar and Associates have been engaged to complete the Mineral Resource Estimate
• Independent Metallurgical Operations have been engaged to undertake process studies on the excess sample material
• Program of Work application underway for 2022 drilling program

The company is certainly not dead based on this announcement - things are happening.

A successful result from the drilling campaign leading to a strong mineral resource estimate would certain be welcomed by all shareholders.

The company has indicated they are planning a further drilling campaign in 2022 and last time I looked they had cash in the bank to fund continued operations and further drilling.