Ann: 68m of 1.98% Copper Plus Gold & Silver in 1st Drill Hole, page-113

Hi Leishd and Zen

I have a horrible feeling that I am being drawn into a long exchange on every minute matter, when my preference is to limit my comments to things that are meaningful or where I think that I can seriously value add to the discussion . However, I take it from your ongoing posts that you are genuinely interested in wanting to understanding the nature of the beast that ICG has at Chanape and so I will try and answer the specific questions that you have asked.

If you look at Figure 2 in todays ASX release you can see that ICG think that both drill holes 12 and 13 have hit the Clint Breccia and both at roughly the same depth of around plus 200m. If the stylised info in Figure 2 is accurate then one could surmise that both holes 12 and 13 have essentially hit the same part of the Clint breccia but on different sides. Nothing special in that and it is encouraging that both holes have similar mineralisation (which you would bloody well hope given that you are drilling essentially the same area) but what is probably more satisfying is that these two holes would suggest that the whole breccia (at least where it has been intercepted) is mineralised and probably to an economic level ... so the issue then becomes one of size.

Whilst the breccias are not the main game, they can still provide a nice little profitable mine if they have decent tonnage and are not too deep. Time will tell just how big the breccias are but so far I continue to be greatly encouraged.

I am a little hesitate to continue this public discussion as it is just out there in the ether and I am not sure how it is being interpreted. If anyone really wants to have a more detailed discussion on such matters I would be prepared to email them directly with information if they want to provide me their relevant email address.