Ann: Elaine Project Resource Upgrade , page-2

Around 100MT would be commercially viable at these grades IMO - geos that I've spoken to have said this is about right

Given they are already at 27.7MT, they have a very good chance of making this a commercial mine, especially if you consider:-

- 100,000t of 8g/t gold not included in the JORC yet
- Only top 400M of the system drilled so far
- Potential depth down to 1200m
- Probable follow up along strike is another 50-75MT

This is only on the one zone. There is potential for another 8-10 EH drill zones if you look at previous announcements, from what I understand.

This should again start making a move closer to 2c