chart, page-24

This is a junior company - and it's doing as well as one would expect, in my opinion.

It's not easy to model the Zinc JORC resource, there's very complicated geometries involved.
You cant guess here... there's too much margin for error.

We all saw what happened with BDG when it guessed wrong.

Also the Zn resource hasnt been delineated yet .. so it will only serve as an "interim" resource.

there's the issue of finding a drilling rig and then getting results back from labs that are inundated with work.

So this is a jig saw puzzle and MLS is getting info coming back piece by piece. It's a difficult and frustrating task.

What they're doing with their uranium exploration is smart.

They wasted no time in sampling (both from ground and air) and are now using a front end loader to dig trench samples ahead of the drill rig being secured and arriving.

So when the drill rig arrives it will go straight to the identified "hot spots" and drill the area of most interest.

So no time at all is being wasted .. MLS is a junior company advancing 2 projects in 2 continents simultaneously .. and it should be commended.