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Ann: Quarterly Activities Report, page-2

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    HIGHLIGHTS

    Strategic Placement to Alkane Resources Raises $3.7 million

    Update on Disposal of Non
    -Core Conglomerate Gold Rights

    Appointment of Project Manger for pre
    -feasibility study that is underway

    Further High
    -Grade Extensions at Klondyke & St George Results
    POST QUARTER HIGHLIGHT

    Less Than Marketable Parcel Share Sale Facility Completed
 
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