Ann: Morck Well JV Update, page-9

My takeis that the 2 AC holes are not adjacent to the diamond hole and RC holes1-3 (main massive sulphide zone) asit says on page 3 that the "anomalous geochemistry intersected in recentaircore and RC drilling" was coincident with a geophysical anomaly fromthe recent VTEM survey. My understanding was that the VTEM anomalies were notin the area of the diamond hole, etc (two separate cluster zones - one being atCitra). Both were downgraded by SFR as paleo-channel drainage. Maybe they areagain of interest, or they have identified other VTEM anomalies? Perhaps similarto the weak off-hole conductor modelled from a DHEM survey in MWDD0001. Theoriginal release definitely said there were no DHEM conductors in the diamondhole or RC holes 1-3. It can't be too convincing.

 

I do likethe sound of a diamond hole 300m underneath RC hole 1. Nice and deep.