Ann: First Quarter Activity & Cashflow Reports, page-8

Vine,
The limited report in my mind had a hidden message, as follows.

The program was very successful, providing further geological data consistent with our current model for the Red Bore mineralisation. Assay results were still awaited at the end of the Quarter.

I am reading into this that the visuals were very good, keeping in mind they would have had a hand held assay machine onsite that would give an approximate copper reading.

The word consistent with their current model indicates to me things are progressing well as they go deeper.

The targets outside the Gossam area are not clear in this report.

It's a definite hold for me until we get the assay results.