Ann: Vardy Resource Drill Assays, page-11

Thanks, but I thought Wayne Bennett was Nathan Tinkler's right hand man. Anyway, back to the serious topic of AML. The recent quarterly shows that AML is getting ready to make the case for an open-pit mine for the Vardy-Marley section of the resource. The minerology of this section is pretty well defined now and it is nearer to the surface. Also both the PY1 layer and PY3 layers are rich. I've copied the relevant part of the quarterly report below, and left out the table and a few sentences. It is worth reading again because it summarises progress made in the last quarter. Besides the drilling program, AML have been: a) preparing the feasibility of mining the copper and cobalt zones, b) test-processing of the ore, and c) carrying out envionmental studies. I know that at the moment the battery-metals are being hit right across the ASX, but AML is holding its ground, and for good reason, amego.

"The Company is also progressing a Feasibility Study for the mining and processing of both the Copper Lode and Cobalt Peripheral Resources. The Study is refining metallurgical process parameters set out in the 18 April 2017 Cobalt Roasting Scoping Study, which includes a concentrator to produce separate copper, lead and zinc concentrates, and a roaster to produce a cobalt rich calcine, sulphuric acid, and possibly zinc and silver....
The mineral processing portion of this work is near completion ... Reference should be made to the relevant ASX announcements for full details of these results ... As a result of the flotation testwork, a 373kg sample of cobalt concentrate has been produced and has recently been air freighted to Outotec’s Frankfurt facilities where a pilot plant roasting testwork program will be undertaken.
Once this pilot plant roast is completed, the calcined product will be sent to Outotec’s Finland facility where a final leaching testwork program, including batch tests, pilot leach, thickening and filtration will be completed to produce a variety of cobalt products, zinc precipitate and evaluate silver recovery...
The long lead environmental work items required to obtain an Environmental Authority for the
development of the Walford Creek Project continued during the quarter with work on the following:
• Drilling of 3 production type water bores and 4 monitoring holes to assess groundwater and aquifer
characteristics in the vicinity of the proposed Vardy Resource open mine pit. The water bores and
monitoring holes are to be used to develop groundwater monitoring programs and plans for a mining
operation.
• Draft Flora and Fauna Report.
• Waste rock drainage kinetics.
• Dust monitoring setup for long term base line assessment.
• Stygofauna study."