Luni - Geology

Another excellent group of confirmative results today. A little light on for geological interpretation but the holes that end in mineralisation are tantalising. An old boss of mine would have berated me for finishing a hole in mineralisation. There could be various reasons for this (in my defence).

Geologists should always have license to push holes beyond set depths. However, there might have been a mechanical issue, mineralisation visuals might be ambiguous, or collars can collapse, perhaps they are drilling to base of ox... amongst a myriad of possibilities.

Clearly this deposit will fly based on the the endowment in the weathered horizon. Despite this, scale is important and the mineralisation/metallurgical profile in the primary zone should attract early interpretation to understand the scope of the production methodology.

The time horizon for maiden MRE is pushing out to mid next year. I would expect a few deeper holes into fresh rock prior to this resource statement to load the exploration pipeline and run concurrently with production studies.