Reg Magnetics - Julimar + Boomer Hill, page-7

I can't comment on why they chose the location of JRC002, and you are correct that it was located where there was no Ni or Cu in soils as guidance, but that hole came up with 119 mt at 0.6gt Pd and 0.1 gt Pt, which is equivalent to a bit more than 1gt Au - a 119 mt intersection even at those grades is not a 'duster' i would think. JRC003 about 175mts norwest of 002 also came up wiht a very long Pd and Pt intersection, 142mts at 0.6gt Pd and 0.1 gt Pt but including a couple of metres very near the end of that intersection that shows some Ni, Cu and Co.

The interesting thing for me is the apparent Pd enrichment at the upper edge of the massive sulphides - but not the Pt?. If this enriched band of mineralisation is widespread then follow the increasing Pd grades to the Ni-Cu massive sulphides?? See intersection at 47 and 48 mts at the top of the massive sulphide zone intersected in the 'discovery hole'.