airborne survey of mckeddies

McKeddies airborne survey (80%GPN/20% YRR) was due to be flown this month. Should soon get an announcement confirming this. We might even get results of rock chip and scintillometer results taken at McKeddies from October 2007 lol.

Would soon expect some sort of update regarding the AGU j/v (50/50) at Peak Hill. Management must eventually outline a plan for the future. They have had the airborne surveys flown earlier this year so surely they are now capable of putting a plan together.

And they should be putting some pressure on MZM to make some progress on that j/v also. It's been over a year since sampling took place with results indicating strong uranium occurences of up to 2200ppm at Anne Prospect, 1100ppm at Billara Bore 4 and 925ppm at Billara Bore 2.

MZM also identified areas prospective to gold and originally were talking of initial drilling maybe taking place in the DEC 07 qtr, then in Nov 07 mentioned they were identifying a drill program. Nothing since. As operator MZM (70/30) has control but GPN needs to at least find out what the current situation is and let shareholders know.