Ann: Option Agreement to Acquire Unity's Bend, page-11

re: Ann: CYL: Option Agreement to Acquire Uni... This is a WIN WIN for both UML and CYL! Looks as though CYL is looking to become a reginal player in the Bendigo North goldfield! If it can prove up a resource in the next 12 months - it could well be in production within a very short period of time! UML shareholder's will share in any upside from the combining of a potential new gold resource and a state of the art plant! From what I gather from the announcement - all CYL will need is approx 100,000 oz's to make it all worthwhile!