Speculative Guesstimate #1

The M24 minnow has drilled into an exotic mix of REO's and P. The current drill out of 500m x 500m to a depth of 50 meters contains a 31,250,000 metric tonne (approaching inferred resource status??), with mineralization open in all directions and at depth. This is an excellent return for a very shallow (low cost and very quick) rotary core program of 23 holes, average depth 50 meters.

This current claypan type target is the "puddle" that leached / eroded out of something really big that is nearby. M24 then drilled a massive EM / hard rock target that is several kilometers to the northeast. This target measures about 2,000m x 1500m and is IMHO enriched? M24 management commented that this drilling on this target went very well. Please understand that these folks use portable XRF scanners to identify richer mineralization and position the following hole. So they already know that they are onto something that is (1) very big (2) exotic. Lots of upside here.