Ann: Exploration Update, page-6

Hi Midnight26 and all,

I agree with you this is more good news and whilst I do like your numbers you may be inviting the many members of the negative innuendo team to a field day.

I see the main NI cheer-leader out once again with his JORC fixation. Correct me if I’m wrong but once a geologist is happy with the extraction methodology and the quantified results can’t he sign off on a recognised resource?

The two new consultants on the team should also help, although I was more than happy to read the latest extraction test was yielding some 87% of the Gold. If this can be improved on I’m all for it; however, even 87% of the current indicated results would make for a very profitable mining operation.

Hopefully this National Heritage Authority clearance that there are no historical sites on the BBX leases is the last hurdle in gaining the environmental licence and the trial mining can commence.

Of course, once again just my opinions so please do your own research and due diligence and remember that inuendo is not a substitute for hard facts.

Cheers and very best regards: Andy