FA & General Commentary, page-52

Early days yet as Kevin Seymour remarked in the most recent announcement, but indeed very encouraging given the: (a) shallow and consistent mineralization across all drill hits; and (b) scale of the Three Bears prospect with potential strike up to 7km.

My sense is that Seymour is in the school of adopting suitably restrained and conservative language in releases, and hence I am yet further encouraged by his commentary as to an “extremely prospective, large scale gold prospect”. Fingers crossed and I am certainly looking forward to the awaited assays from hole MVRC0039:


By way of comparison, it is useful also to remind ourselves how our neighbour GOR’s Gruyere deposit was initially discovered in or about October 2013 and the early drill results from the same:




And:


Presumably the awaited assays noted above could land at any stage and plenty of news flow to come: “Drilling to extend the strike length will continue into July with the laboratory delivering the gold assays within 4 weeks of drill hole completion”.

The above has been collated for the interests of shareholders and does not represent advice. Best wishes to all.