Ann: VTEM Identifies Three Conductors on Three Ri, page-15

re: Ann: VTEM Identifies Three Conductors on ... Hi ALY watchers,

The good news keeps coming.

VTEM surveys take only a few days to fly and initial data starts to become available within a few hours, however given the size of the survey area and the sheer volume of data collected, compiling, interpreting and analysing that data will take several weeks.

Please be patient. We won't be releasing un-analysied data just to satisfy investor curiosity. Premature release of survey information has the potential to mislead and could do more harm than good.

The survey will cover not only the Magnus Copper/ Gold Project area (which is at least 165km2) but the entire southern portion of the Three Rivers tenements.

As we've seen with SFR's Degrussa, the Narracoota Formation has the potential to host a number of very high grade base metals deposits. Let's hope the VTEM survey identifies a few on ALY's ground.