Ann: Company Update , page-2

There is still hope for Brett to pull a rabbit out of the hat, with some progress being made on all projects:

Yalgoo Iron Project - Discussions are ongoing with three seperate parties ranging from preliminary to well advanced. Interim Resource upgrade due in the next few weeks.

WHP - initial discussions underway with two seperate parties for a JV, approvals received for next round of drilling.

Alston - new 6,000ha tenement applied for.