We just hit 62.9%Fe DSO that is 42m thick while basically...

We just hit 62.9%Fe DSO that is 42m thick while basically testing our drill rig at a low priority target - a piece of land right near the helipad.

Dr Clout's comments on the first page are fantastic to read regarding the type of DSO it is and the comparable BHP & RIO deposits.

Check out where that first hole was drilled on the map on the second page, it wasn't on the main target areas, and it's 400m below the main ridge.

"The canga mineralisation potentially represents an additional significant exploration target in it's own right" - page 4.

The quick turnaround from drilling to being able to release this information shows how valuable our lab at Mayoko is going to be into the future.

IMO Badondo is not represented in our MV as yet because the transport solution for that area hasn't been settled and we haven't got any substantial drill results. The beauty of this is that if you are confident in what these drill results are going to find, you have time to top up your investment.