Going Up Results Due ??, page-74

Rio Tinto reveals maiden Resource at Winu and new discovery
28 July 2020

A reminder:
From the above report please note that the Antipa JV with RIO is very very close and East of Ngapakarra prospect so this is getting very close to Antipa and open in all directions. The grades are great and from my reading, RIO expects this to be a very large scale regional deposit.

The following also from the report "We are also assessing options for future expansion in the Paterson region given the extent of mineralisation identified to date and our large land package.”"

The bolding below is mine to highlight what I believe are the significant statements by RIO as they affect AZY shareholders.

"Rio Tinto has discovered multiple new zones of gold dominant mineralisation in proximity to the Winu Mineral Resource. The Ngapakarra prospect (pronounced “naba-garra”, is approximately 2 km east of the Winu deposit. The prospect is located within similar meta sedimentary rocks to the nearby Winu deposit. Results have identified high-grade vein-hosted fine-grained gold and associated mineralisation within stacked, sub-vertical vein sets that extend from a shallow depth beneath the cover sequence. The mineralisation remains open in all directions and at depth. A selection of the best gold intercepts to date include:
 MONT0003: 23 m @ 4.53 g/t Au, from 120 m, including 0.75 m @ 97.1 g/t Au from 129 m
 MONT0003: 2.88 m @ 33.3 g/t Au, from 163 m
 MONT0003: 25 m @ 4.87 g/t Au, from 349 m, including 1 m @ 83.5 g/t Au from 352 m.

Drilling on this prospect is at an early stage and additional exploration will be conducted at Ngapakarra throughout 2020 to further understand the mineralisation. In addition to Ngapakarra, three widely-spaced RC holes have been drilled immediately to the east of the Winu Mineral Resource envelope. One of these has intersected significant thicknesses of vein and breccia hosted high-grade gold mineralisation.
Drillhole WINU0609 intersected 58 m @ 4.73 g/t Au from 231 m, including 10 m @ 11.5 g/t Au (from 243 m) and 6 m @ 21.3 g/t Au (from 263 m)."