results analysis

NEV23 was a very small drill, only 9m and main focus to increase the knowledge of the structure rather than the grade. We shouldn?t be trying to draw conclusions of the grade continuity based on two holes.

NEV 24 looks to be the one to look out for, still four weeks away, 1st hole of 10000m campaign aimed at growing the main zone. Hole was completed only last week so waiting for results. Expectation is for results to be similar to NEV 18/19/21 which hit wide intersections of decent gold grade. Also targeting 209m beyond NEV 18/19 which is the deepest anyone has drilled on Crater Mountain to date.

Expect NEV 25/26 (to be drilled in the same zone) as those to confirm or deny mineralised grade continuity.

I see the price has dipped a bit, probably on the back of the share issue and those not understanding the weight and relativity of this release.