drilling ahead even if shareprice doesnt show-, page-5

SPI is similar case, SPI- Spitfire has established an Exploration Target* of 5-10Mt grading 15-25% Mn for the Contact discovery.

recent drilling results include:

17 metres @ 16.81% Mn from 13 metres,
including 5 metres @ 19.02% Mn from 22 metres.

I donot think these results are very positive, and the Exploration Target is not large as well.

But SPI now has MC more than $30 million, SP up 250% supported by the drilling news.


GMM has only 8m MC, so if GMM can get similar results as SPI, will the SP up 250% as well?

I have full confidence with the iron-ore prospect of. Shoemaker Project.

"and some potential for near surface direct shipping ore
hematite mineralisation"

"confirmed the presence of the extensive high-grade iron ore mineralisation at the surface within the Frere Formation"

Anyway, without the Potash news yet, the positive results from the Shoemaker Project can push the SP up 300% im my view. SPI can , why not GMM.

good luck