Ann: Exploration Update Jamieson and Paterson Projects, page-11

I was thinking a farm out with IGO on the patterson tenements would probably be on the cards this year. The company needs to focus on Hill 800 and rhyolite creek, a $5m-10m raise/JV deal similar to ENR/IGO last year in WA would give management enough funds to get hill 800/740/SZ to a 500oz JORC resource, and then from there CWX can work out the rhyolite creek zone, which i have a suspicion holds both an MVT zinc deposit and another standalone gold deposit. Ideally, we would also see a tenement expansion in Jamieson at some point this year also. Any upcoming CR's will likely be at or near 20c - the supply on CWX has proven difficult for even a small holder like me to build a position, so we can be hopeful that there's some ununquenched appetite out there in the larger players. This team is here to find a develop resources, where so many other companies are around to find and develop bagholders.