Ann: Best Gold Mineralisation to date at Wilcherr, page-13

re: Ann: Best Gold Mineralisation to date at ... Split,

I think you are pretty much on the money there. I was thinking that if the 2mtpa was all mineralised with gold then the head grade may be around the 0.5g/t level, which is basically the same as what you are saying 50% mineralised at 1g/t. Although we may be underestimating the resource with 300 odd assays to come back soon and TRF to do their resource gold drilling shortly. There would be pockets of much higher grade gold as we have seen in the results, just depends how they choose to mine it considering the magnetite.