Ann: Quarterly Activities Report, page-3

Assay results from the below should be any day now;

The Company intersected wide zones (>50m estimated true width) of visible copper with multiple intervals of visible disseminated and local vein hosted copper sulphides in four recent diamond core drill holes at the western and eastern limits of drilling at T3.
The visible mineralisation in holes MO-G-74D, MO-G-76D, MO-G-79D and MO-G-80D is well outside the mineral resource announced on 24 August 2017.
Assay results are required to determine the widths and grades of the visible copper sulphides reported in preliminary geological logging. Mineralisation is dominated by finely disseminated chalcocite with localised veins containing visible chalcocite and bornite, including an unusual mottled vein occurrence of strong chalcocite/bornite mineralisation within a sandstone unit.
Importantly, these wide zones of visible sulphides occur down dip from narrow intersections of copper and lead/zinc mineralisation intersected at shallow depth in previous drilling. For example, the wide intersection of visible sulphides in MO-G-80D, located 300m west of the planned open pit occurs ~200m down dip from a 1m intersection of chalcopyrite intersected in water bore MO-G-WB06 (Figures 1, 3). MOD’s Managing Director, Mr Julian Hanna, said the recent drill holes open significant potential for further resource extensions along strike and below the planned pit, noting that assay results are awaited to confirm the mineralisation in MO-G-74D, MO-G-76D, MO-G-79D and MO-G-80D.