kirkalocka gold project, page-3

From the half yearly:
Last sentence is one to keep an eye on!!!

The feasibility study into the recommencement of operations at the Kirkalocka Gold Project
continued during the period. This work included incorporating the increase in the resource base
(refer above) into mine planning and design as well as further analysis of treatment plant
throughput and metallurgical schedule options. Testwork indicates the potential to improve
throughput compared to historic operating levels. Detailed cost estimates were completed for
open pit mine equipment fleet selection. This work included open pit engineering evaluations of
owner operator, dry hire and owner workforce and contractor options. All environmental surveys
were completed during the period, and these will form the basis for submission of relevant licence
and permit applications. The feasibility study is targeted for completion by 31 March 2012.