Ann: 23 Targets in Interim Geophysics Results at Greater Riqueza, page-4

Hi All and in response to lumpsums' question/comment, I think that this latest ASX release is VERY good – so many anomalies which is fantastic and I think/hope that it should be more than enough to get S32 to sign on the dotted line and then we will largely be free carried for all exploration on the JV area (until the PFS stage - which is essentially another word to say that a resource has been identified) which will be brilliant.

The anomalies are good but I await, with interest, the more detailed and processed data which should provide more compelling information and clarity on each of the various anomalies. Not surprising that there was no anomaly at Humaspunco as lead-zinc mineralisation does not usually give the signatures that these sorts of geophys surveys deliver.

What was particularly interesting and encouraging was the number of anomalies adjacent to Alteration Ridge. I had expected that this would be the area that gave good signatures, just based on the extent of alteration and iron staining that the ridge exhibits but it was still most encouraging to see that demonstrated. I suspect that this is where the big one could be and this could be a porphyry and probably is the sort of target that S32 is really interested in.

All good and I look forward to the more detailed processed data in the coming weeks. Hopefully we have well and truly turned the corner although I must admit that I do not expect to see any serious upward movement in the share price until S32 to sign on (which we hope that they do!!) and until we also get some seriously positive exploration results from the anticipated JV.