Nice work, page-4

I’m no geologist and I’m not sure that Chat GPT is a good analyst either, but there is what it said in regards to the data:

The assays from the Gifford Creek Carbonatite drilling program highlight several important intercepts, particularly with respect to niobium (Nb₂O₅) and phosphorus (P₂O₅) mineralization.

Below is an analysis of these results compared to global standards.### **Niobium (Nb₂O₅)**- **Global Niobium Grades**: The majority of commercial niobium production comes from deposits with Nb₂O₅ grades between **0.3% and 2.5%**, with typical economically viable deposits ranging from **0.5% to 1% Nb₂O₅**. -

**Comparison of Gifford Creek Results**: - **CBRC176: 50m @ 0.9% Nb₂O₅**, including 20m @ 1.3% Nb₂O₅ from 56m (Stinger): - **Interpretation**: This is a strong intercept, especially with the 20m @ 1.3% Nb₂O₅, which exceeds the global average. This would likely be considered economically attractive. - **CBRC174: 38m @ 0.5% Nb₂O₅**, including 6m @ 1.2% Nb₂O₅ (Stinger): - **Interpretation**: This is still within the typical range for commercial niobium deposits, with the higher-grade 6m intercept enhancing the overall result. The 0.5% average is moderate but potentially viable. - **CBRC175: 66m @ 0.4% Nb₂O₅** (Stinger): - **Interpretation**: This is on the lower end of commercial-grade niobium but still within the range for potential economic extraction, depending on other factors such as deposit size and extraction costs. - **CBRC189: 24m @ 0.6% Nb₂O₅**, including 6m @ 1.0% Nb₂O₅

(Stinger): - **Interpretation**: The 0.6% intercept is competitive for commercial production, with the 1.0% interval improving the potential viability. - **CBRC179: 9m @ 0.3% Nb₂O₅**

(Rocky Road): - **Interpretation**: This is at the low end of viability, but could still be important depending on the size of the deposit. - **CBRC185: 6m @ 0.2% Nb₂O₅** (Rocky Road): - **Interpretation**: This falls below the typical cutoff for economic niobium mining and would likely need to be part of a larger, higher-grade deposit to be considered viable.### **Phosphorus (P₂O₅)**- **

Global Phosphate Grades**: Phosphate rock used for fertilizer production typically ranges from **15% to 35% P₂O₅**. - **CBRC175: 15m @ 15.0% P₂O₅** from 103m (Stinger): - **Interpretation**: This intercept falls at the lower end of commercially viable phosphorus grades. However, it could still be of interest for fertilizer production if the deposit proves to be extensive.###

**Overall Assessment**:-

**Stinger Zone**: The Stinger zone shows significant niobium mineralization, particularly with intercepts in the **0.9% to 1.3% Nb₂O₅** range, which are attractive for commercial mining. The presence of phosphorus in one hole also adds potential economic value, though the grade is at the lower end. -

**Rocky Road Zone**: This zone has lower-grade niobium results, with values around **0.2% to 0.3% Nb₂O₅**, which might not be economically viable unless part of a larger deposit or combined with higher-grade material.In conclusion, the **Stinger zone** appears to offer the most economic potential with higher niobium concentrations, while

**Rocky Road** may require more exploration to prove its value. The phosphorus content also adds potential for multi-mineral extraction.