depth, page-66

Hi Hoot,


CuDeco Management have undertaken and completed exhaustive metallurgical test-work, with high metal recoveries achieved. Circuit flows have have been confirmed to efficiently treat all Rocklands ore types.

State of the art equipment has been puchased overseas for installation at Rocklands. There are five saleable products recoverable to specifications suitable for end users in a single flow-sheet available.

These products are Copper, Cobalt, Gold, Sulphur and Magnetite. CuDeco Management have already tested for Magnetite separation.

The average head grade for all ore types currently is 4.15% Cueq.

It is too early to speculate what will become of the Magnetite.

CuDeco Management have to assess and up-grade the information in the months ahead. Perhaps we will know more with any drilling results in the March, 2014 Quarterly Report. Althoug CuDeco Management has indicated 2014 was production time.

One thing seems certain, larger than estimated shallow oxide zones exist. In addition, there are still at least 30 untested targets for CuDeco Management to develop.

Then there is the potential to monetise numerous shallow copper shows across the mining leases to take advantage of the modern Plant.

I don't see any problems for Rocklands.

cheers,

Max