Ann: Additional High-Grade Vein & Targets Identified at Profunda, page-9

Yes, it is a mere formality and they can go and drill from the same areas forever then, they don't need to keep going back to get approvals unless it is in a completely new area.

There JV partner is mostly government owned so there is no problem there.

I talked to RIE's MD the other week and from memory he said their JV partner over there had 9 geos working on this project. They are very keen to see this mining area start up again and given that the JV partner is government owned it then conveys the authorities are keen for it as well.

One comment he did make to me is that they have had many independent geophysics guys look at the data and the geology of the area and no one can come up with anything other then metals giving the readings on all the geophysics work. Of course you can't be 100% but I see that is what they were trying to say in that last announcement by finding the high grade vein under the surface by geophysical means.