whats to come.

What I know is that soil sampling is ongoing across a few areas and drilling in the northern section of Kelly has been planned out. As I stated last month,Pre will be targeting the relatively shallow higher grade areas first to increase geological confidence and aim to improve on those high grades which will enable this section to be JORCD. Grades from the Northern section of Kelly to date includes

9m @ 6.35 g/t inc 2m @ 26.1 g/t
5m @ 7.42 g/t inc 1m @ 14.1 g/t and 1m @ 18.5 g/t
9m @ 5.06 g/t inc 1m @ 39.8 g/t
4m @ 4.92 g/t inc 1m @ 18 g/t
6m @ 2.77 g/t
6m @ 2.29 g/t
5m @ 3.88 g/t
5m @ 3.40 g/t
3m @ 5.57 g/t

The main aim at this stage is to confirm and discover more mineralisation at shallow depth in which a high portion could be used in any reserve estimations for mining start up. Deeper targets will be drilled at a later stage as deeper mineralisation would not be mined until several years into mining. It makes sense to target all the shallow high grade mineralisation as the strip ratio should be lower and as i've already stated, a higher mining reserve can be achieved. Which means a more economical and viable mine that could be started up a lot quicker. Also IMO interest from other parties would be higher.

Just some information and some of my own opinions.


Scorp