Ann: December 16 Quarterly Activities Report and Appendix 5B, page-6

Phase two, resource definition drilling was initiated and completed at the main Romano pegmatite, including some diamond drilling for metallurgical testwork and grade verification purposes. In total, 7,271m of drilling has been conducted at Sepeda so far. Results of phase two drilling are expected shortly, and the maiden resource remains on track for CY Q1 2017. Phase three, focused on reserve definition infill drilling and further exploration drilling, will commence in mid- February 2017.

At least some news expected soon...