Ann: Guyana Exploration Update , page-2

Summary:

"With the purchase of key equipment and appointment and mobilisation of staff Epsilons exploration programs are now well underway and first results from surface sampling are expected early in April."

"The rig is scheduled to arrive on site at the end of April. The focus of the program will be to bring the existing historic resource at Hicks into JORC Code compliance, explore covered extensions of the Hicks mineralisation and to drill the Kaburi prospect and regional targets delineated by trenching of the Denison soil sampling."

"Epsilon has a cash balance of $5.8m and has sufficient funding to complete its exploration programmes planned for the current calendar year."