Ann: Redmoor 2017 Phase 1 Drilling Update, page-28

SML

· SVS high-grade zone widths and grades exceeding CRL's expectations. Exceptional intercepts include:

	Column 1	Column 2
0	CRD007:	14.8 m @ 1.00 % SnEq from 245.7 m, including 2.5 m @ 3.39 % SnEq from 257.9 m
1	CRD009:	17.5 m @ 0.68 % SnEq from 265.9 m, including 3.1 m @ 1.97 % SnEq from 280.3 m
2	CRD009:	28.2 m @ 0.81 % SnEq from 298.8 m, including 7.0 m @ 1.89 % SnEq from 317.5 m
3	CRD010:	11.1 m @ 0.57 % SnEq from 113.3 m, including 3.1 m @ 1.19 % SnEq from 121.3 m

vs NAE

• Encouraging results from discrete high-grade zones within the Sheeted Vein System (SVS) with thicknesses and grades exceeding expectations of NAE’s Directors. Significant SVS high-grade zone intercepts include:

​

◦ CRD007: 14.8 m @ 1.00 % SnEq from 245.7 m, including 2.5 m @ 3.39 % SnEq from 257.9 m
◦ CRD009: 17.5 m @ 0.68 % SnEq from 265.9 m, including 3.1 m @1.97 % SnEq from 280.3 m
◦ CRD009: 28.2 m @ 0.81 % SnEq from 298.8 m, including 7.0 m @1.89 % SnEq from 317.5 m
◦ CRD010: 11.1 m @ 0.57 % SnEq from 113.3 m, including 3.1 m @1.19 % SnEq from 121.3 m


Its like they take our announcement, fix it up, making sure it sound as positive as the results actually are, then make their announcement... If only SML announced these things first!