to make placement to chinese steelmaker, page-19

Dont forget the Gold and copper too.

The data collation process is ongoing for the Tennant Creek Project area and is due for completion by March, 2008, at which point a major target generation exercise will be undertaken to identify and rank priority drill targets as a precursor to aggressive exploration drilling that is expected to commence in......... "April/May 2008."

Interpretation of the recently completed close spaced gravity programme covering the remaining tenements not previously surveyed at the beginning of last year is ongoing by Southern Geoscience Consultants. New target generation will occur this coming quarter with recommendations for follow up EM or IP surveys.