Ann: Southern Nights Returns High Grade Infill Results, page-11

The results indicate that there is some continuity with the potential ore body but likely thinning along strike and with no real indication of consistency at depth. My earlier estimates of the size of the potential resource is unchanged. Precious metal grades are the key to this deposit becoming economic and so far looking good. If the calculated resource contains good gold and silver I would back Southern Nights as being a goer and more so than Mallee Bull. CBH are lead-zinc focused and I would not be surprised if they are more interested in Southern Nights to supplement mill feed at Endeavor even though 100% PEX. An interesting new player in the region is Sandfire Resources and I am sure have looked at what we have discovered with keen eyes.