Ann: Thick Spodumene Intervals at New Dawn, page-4

Some of my observations from today's drilling announcement and RIU presentation.


1. Cover of the presentation. The language of "development-ready" for both lithium and gold projects.  The readiness of both projects appears to have been kicked up a notch.




2. From the presentation - TOR is selling water to Mineral Resources from the Paris gold project. Most likely for Baldhill. Both companies appear to be on good terms already.

3. Whoever is holding under 5% appears to be happy to stay that way. If we "assume" that it is MIN Resources - they appear happy for the company to continue as is without any shareholder involvement. See point 2.

4. All 17 RC drill holders have hit likely mineralization.  Intersection intervals are continuing - snapshot below.


5.  Need confirmation here but it looks like the pegs are trending up to the surface of the western tenement. Difficult to read from this diagram.



6.  A camp has been established at Paris Gold Tenements.  No slowing down here at both projects.  I also have the feeling that other interested gold groups may be interested in Paris.




7. Upcoming news flow.