Ann: Quarterly Activities Report, page-5

They released this on Friday night - be interesting to see impact on sp on Monday. The following is the takeaway for me - they provide a positive view of both Mt Freda and Trump.


"Mt Freda Resource Upgrade Drilling
The Company and its geological consultants believe that the inclusion of the data from the current
“infill drilling program”, is expected to significantly upgrade the recent mineral resource
estimations of Gold grade and tonnage.

Drilling of the Trump Prospect
The multiple hole drilling program (ASX: AMG 2nd September 2020) at the Trump has commenced
with the first hole intersecting 10 meters of mineralisation and is awaiting completion of detailed
geological logging, interpretation and assaying.

Previously hole TR18RC07 was drilled unknowingly down dip but recorded continuous
mineralization from the surface to the end of the hole at 153m (ASX: AMG 28th Aug 2018). Gold
grades included 6m @ 32.90g/t Au with one meter containing 5.5 ounces per tonne (172g/t Au).
Five exploration holes were drilled, and all holes intersected Cu, Co and or Cu & Au mineralization."