Ann: Update Northern & Central Bekisopa Drilling, page-2

A great little update, and as usual, the company is going full stream ahead with the drilling and other works.

13 out of 65 planned holes drilled so far. I wonder if / how many bonus holes we'll get.

One thing I forgot about and an surprised about is how narrow the drill corridor in the northern zone is.

But if I recall correctly, I understand this is the area with the highest magnetic intensity (deep red in the image below) and best grades.



I also understand the resources in the northern and central zones extend much deeper than the resource in the south, and I think this is evidenced by the deeper average depth of 19m vs 13.5m.

It's important to recognise this drilling campaign, whilst narrower is 40% deeper than the southern zone, so the potential for a decent increase in tonnage is present.



It is great to read that our new board member Matt Gill is diving in head first and heading over to Madagascar with Paul.

The meetings with ministries and bureaucrats sound great. Given the elections coming up, hopefully any changes at the top - should they occur - won't be too disruptive on the ground. The country desperately needs the money, and given the approval of the mining code in the senate, I'm confident of a good outcome either way.

I'm looking forward to seeing the value add from Matt, and his complementary set of skills.

And finally, no mention of the EM survey. Perhaps there has been a delay in the permitting for the aircraft, hopefully it's resolved in the next couple of weeks.

All in all, a good update, and it's great to see the funds being put to work.

Next news:
- EM survey start
- Scoping study finished
- this infill drilling finished