Broken Hill Historical Details

I have included below a summary of historical information from a small section of our huge area of tenure within the Broken Hill region.
As you can see in map 1 - illustrated on the Total Magnetic Intensity (TMI) image we have some good prosperous ground in a first-class mining region. All of our tenures as of 4/7/2021 are highlighted in blue, however, the tenure I focused on below is EL9037 which is highlighted in yellow. I have looked into the historical drill holes and sorted through the assay results of this particular tenure. The area of focus is the yellow rectangle attached to the northwest of the larger yellow square. I have used the lockdown weekend to spend some time researching the details to give myself greater confidence in our potential and to highlight (IMO) what a bargain we are right now at 1.5c.



As you can see below in the zoomed-in, image 2 - we have a lot of historical drill holes in the region, a combination of shallow Auger and Rotary Air Blast, as well as a few deeper diamond drill holes. The majority of these holes are drilled in 1973 however there are also a few drilled in the 80s and also 2005. Apologies for some of the quality of the data as the 1970's data from company exploration reports is not organized as well as they are forced to report on today.



Shallow drill holes:
There are some significant Lead assays below and also a few gold and silver anomalies to consider. Currently, the lead price is very bullish and some good hits in the region should get some attention. These shallow results caused some excitement in the early 70s and were one of the reasons why deeper diamond holes were drilled later on to further develop an understanding of the mineralization size of the region. They were positive at 1970's Pb prices so obviously even more exciting today.



Deeper Diamond holes:
Broken Hill Type Lodes intersected
GH 2: 1m @ 0.6% Pb, 16g/t Ag and 6.4% Zn.
GH 6: 7.3m @ 1.46% Pb, 22g/t Ag and 4.4% Zn.
GH 8: 1.3m @ 3.8% Pb, 34g/t Ag and 6.8% Zn.

Mineralization was tested towards the west and it is still open via geologist comments in the related reports.... As you can see in image 2 there is significant areas untested by drilling to the west and south within the yellow rectangle. Adding to that, we also hold the very large tenure neighbouring west of this focused project area (image 1).

Additionally, a drill hole (DDH81TB1), located only approximately 400m to the east of the project area I have focused on encountered some very good intersections and assays are below:
Up to 8000ppm Zn, up to 3250ppm Pb and up to 1980ppm Cu.


Basically this is just one portion of a huge project area with multiple (8) tenures throughout the Broken Hill region. IMO the mother of all lodes is in there somewhere and management need to carefully sift through all this drilling information over multiple tenures to find the best target areas. We need to get the drills active and testing all these targets and really start to progress and speed up this company. I am sure management are all over it and there is plenty of good news to come. I am holding tight here and eventually the drill results are going to shock the market and there will be a company making announcement sooner or later. Too cheap atm IMO and personally I am soaking up sells on market right now because I know this company will eventually report something decent and turn this all around. It is a new financial year, new opportunities, plenty of news flow ahead and with the commodity prices all strong and expected to grow we have a strong future.

Good luck all holders.