Pay Dirt, page-423

JandJ,

I think Peru will take some reworking once the current drill campaign is complete. These targets do take some time to narrow down and time will be needed to digest some encouraging results. Not all intrusive bodies are mineralised at economic levels, so some failure is expected.

I think everyone (even myself) were expecting quicker drills on Mt lamb after the encouraging results of hole 4. In most cases these results will be followed up immediately, but our case is unique as the hole was drilled by the government. Still it does de-risk future drilling a fair bit as it validates the model Inca has worked on. So we have a strong chance of further drilling successes at Mt Lamb, hopefully once we get sub block we do quick infill ground geophysics on it. 18 km of potential strike of mineralisation is very encouraging.