Ann: Drilling Equipment & Crews Mobilised to Lac Rainy Project, page-23

Will remind investors here that we have a neighbour against which results can be compared. Use their feasibility study as a checkpoint for MLS drill results as they come in.

http://www.focusgraphite.com/wp-con...bility-Study-Technical-Report-August-2014.pdf

Basically be ecstatic if grades and intercepts are anywhere near the grades that Focus Graphite achieved. Ultimately they achieved a Measured + Indicated resource at 14.77% TGC. Fabulous for graphite and particularly fabulous given it's a low risk mining jurisdiction. This grade helps to support very positive economics and should support high margins.



Here's an extract of significant drill intercepts from their Feasibility Study. Basically be ecstatic if MLS consistently get intercepts broader than 10m and > 10% TGC.



Remember also the MLS achieved great results from Channel Sampling at the end of last year and these are good for targeting drilling:

https://www.asx.com.au/asxpdf/20181217/pdf/4418mzg2tnsp7w.pdf