Ann: High Grade Copper and Silver Drilled at Irak, page-7

re: Ann: High Grade Copper and Silver Drilled... Hi germainst,

My understanding from reading the recent QRL announcements is that the 300m deep hole (IKD005) was completed about 2 months ago (see completion ann. dated 7May), with the core scheduled to be delivered to the lab in Lae for processing the following week ...

I don't think here are any holes currently underway, but the drilling equipment is still on site ready for the next round of exploration (likely at the gold zone) depending on assay results. See anns. dated 19Apr13 and 3July13 for further details ...

Rgds, W.