Ann: High Grade Vanadium Pipes at SPD Project, page-10

For the pipes, they haven't been drilled in the past (at all as far as I know). I'm saying that enough material has been taken from them (assuming the top/outcropping) to be able to do initial met testing from the initial samples taken (I assume a few 100 kg's, possibly more) and this is likely to be a much more accurate representation than 'rock chip sampling'.

For example I'm sure most here have seen many cobalt explorers in the past couple of years release rock chip samples much higher than 1.0% only for the drill bit to show around 0.1%. I'm just saying that I think that these 'sample' results are much more reliable to go off in comparison, but it obviously isn't 100% reliable to assume the pipes will contain these same grades, but I think it's much more likely than not.