Ann: Lachlan Update- Drilling to test multiple DHEM anomalies, page-16

You are mostly correct, it’s certainly worth doing DHEM and it *might* yield a discovery but the odds are low and of course it depends on the overall quality of the ground.

They have to target the DHEM near those smallish intercepts, it’s all they’ve got but are there any economic deposits on that ground at all? Tough gig, even SFR we’re down to their last shekel when they tripped over Degrussa.

DHEM is a much higher percentage play adjacent to something already showing higher grade and volume. Degrussa, Red Bore, Monty etc. (all found by SFR) make ideal scenarios for DHEM.

Now on this topic, check out the image I have attached. It shows a 5Km zone of countless DHEM anomalies around and below the world’s highest grade copper deposit, it’s over a year old. The kicker? Not one of them has had a single drill put into it.

Want another kicker? Look at the name of the resource & who it was that up until recently owned a 30% interest in that project. Which DHEM would you rather be rolling the dice on?