great looking chart, page-75

In reply to rbgould2008, do not agree with "... they don't really need that extra cash now".

Apart from the good results being achieved from the campaigns and sales, HAZ will require considerable funding for their WA projects.

1. Hazelwood moves to 100% ownership of the Mt Mulgine Tungsten Project.
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2. Validation program on the Mt Mulgine Trench Deposit confirms the potential of the project.
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3. New results from exploration drilling at Mt Mulgine further extend the limits of known tungsten mineralisation.
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4. Engineering pre-feasibility study commences, utilising previous work completed by Fluor on the Mt Mulgine
tungsten project. Hazelwood is targeting capital-efficient, higher grade development options for the project.
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5. Exploration activity for gold and base metals in the East Pilbara Cookes Creek tenement package confirms
targets at Malachite Flats and Conglomerate Ridge.