Ann: 2.7km Conductive Trend, Iris-Electra, at Eloise JV, page-4

The conductor is 2.7km long and about 1km wide. Either it's one of the biggest deposits in the world (very unlikely), or it's non-mineralised conductive rock.

And the mineralisation at the Iris prospects has pyrrhotite, which is a magnetic mineral. You can see mag highs at the two Iris prospects, due to the pyrrhotite. This new conductor has no magnetic anomaly. Suggesting it is something different to Iris.

I mean, they still should drill it. Maybe it is something. But I wouldn't bet my house on it.