Freida

A take from the PanAust web site. The Nena grade is 2.5% "There are multiple pathways to further expand and extend the initial Project with potential development scenarios indicating that mill feed could be increased from 700Mt to 1,700Mt on currently known Mineral Resources. The HITEK deposits have not been closed off by drilling, and together with additional known deposits and exploration targets, provide considerable potential to grow the Mineral Resource base to support mine life extension and capital expansion. In addition the nearby high grade Nena deposit offers further potential for subsequent development."