Other Activities Licensing agreement with Intec International...

Other Activities
Licensing agreement with Intec International Projects (IIP)
-5% royalty on revenue generated by IIP in relation to Intec Process applications.
-IIP recently completed pilot plant program in Malaysia for Monument Mining Ltd.
-dependent upon milestone achievements, Monument will issue $C3.5 million share value to IIP to which royalty will apply.
Zeehan Slag Dump:
~ approximately 430,000 tonnes at 14% Zn. Realisation strategies currently being investigated.
HellyerRoyalty
-Future value dependent upon exploitation of existing resources and exploration success.