Ann: Turesi Prospect Progress Report, page-16

I am surprised why the assay results  were not attached to the anns. but not surprised by the results  for the first 3 holes. They are at the beginning of a greenfield exploration and needs to be drilled more to find the bullseye high grade pegmatites. It's a  high risk high reward exploration type in deed. As some of you will remember they were going to make a airborne magnetic survey but they have had high confidence  about Turesi as the spodumene was found in grab samples there, I think they wanted to fast track the project and spend less money for a big success. That might be the reason they gave up making the  airborne magnetic survey.  If they did the ab mag. survey they might see the pegmatites under the ground and would drill those high-chance locations IMO. The current exploration is being done blindly and that is normal in some circumstances I think.

They are giving the weighted average lithium values are respectively 473, 356 and 564 ppm over the entire length of each hole briefly. They say "Significant sub commercial lithium values..."  and that's correct IMO. For example if you have 200 ppm in brine that's being a commercial value. If it is 400 ppm it's being very high grade, 800 ppm is super high grade. But it's not the same thing for a hard rock. Only the high grade parts of a pegmatite can be mined and it needs to be over 10,000 ppm.

IMO, what is said is correct "...pervasive over the entire rock column shows that the Morabisi area is a high-quality source area" when I consider the ave. lithium over the entire length of each hole they have given. It's not correct that you can easily find 400 ppm lithium in any rock. That is quite a high grade for geologists which makes them to pay more attention to the any area when they find such grade of lithium. Btw, they need to make the geochemical analysis to understand the area better. it would be much better if they could the airborne magnetic survey as well (after finishing this drilling program I guess).

The interesting thing I have realised that they have moved to the far east of the drilling area and now drilling hole TD-011. This was the place (old trench no.10 area) where I would like to see the results.