quality victorian gold float, page-6

The Wehla mineralisation is not a JORC compliant resource under the current code. It will need more infill rc drilling before any decision to mine. I expect the work plan will have been lodged to prevent any holdup if the drilling is successful. The new drilling should provide a better measure of ore variance. Some of the measured resource is likely to average 4g/t, making it economic to transport to Dunolly for processing.

What is really attractive about the Wehla site is the likelihood of predictable repeats of higher grade mineralisation. Imo the site could host a substantial resource in the order of 1Moz or better.