Ann: Testwork Confirms Favourable Flake Size for Li-ion Batteries, page-26

Agree its still early days here but I am actually really happy with initial results.

LEDD01 definitely starts with the fines which isn't ideal but with over 5km of strike will have lots of variability. LEDD01 is on the far eastern side where the strike is most narrow and finishes so they may not use the material from that end but the test work from LEDD06 will provide a clearer picture as its around 500-750m from that hole.

What I liked the most was LEDD02 and TALD001 are both on the Western side of the deposit which is where it is open on strike. The western side seems to be wider than the eastern side and is where all the best hits have been including the 206m @ 10%. The flake size does drop right off on TALD001 however this is well below the depth of the exploration target as from memory it was based on 100m wide and 100m deep so the finer flakes that deep hopefully wont be an issue as ideal scenario there is some consistency around section F and heading west and the east may not even come into play.

This is the benefit of having 20km of strike, it will allows the company to find the sweet spot and with the exploration target so large they can easily cut half of it out if they wanted to and would still be 12mt of contained graphite.

More assays to come, more petrographic analysis to come and then all important MET work.