The grade of the resource, in drilling to date, has shown a tendency towards an increase with depth. It is hoped that the deeper holes planned to test the Exploration Target below the currently delineated resource, may result in further improved grades.
CRL believe there is potential for this within the High Grade Exploration Target material identified... Considerable support for this is provided by hole CRD019, which was drilled into the High Grade Exploration Target volume, and intersected high-grade material at the correct modelled position, but was deemed to be too distant from other drill holes to be included in the most recent High Grade Inferred Resource.
Drilling, assaying and a resource update are expected to be completed by the end of 2018
Ann: Positive Redmoor Study Results & Re-commencement of drilling, page-4
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