resource upgrade, page-27

Endymion
I cant let that comment go unchallenged.

Sandy Creek has 16mt at 2.3% Zn +PB and when the main pipe is added in to that total the cumulative total will be say 21-22m tons at say 3%. If it were destined to be an underground mining operation I would agree with you but it is not. It will be a low cost open pit operation.

Any development of metallurgical treatment facilities at Manburram is also likely to service more than one deposit. It is too early to speculate as to what is possible at Djibitgun but it is spread over a much larger area than SC and open in all directions. 6.7m tonnes at 2.4% is a nice start. As well as further drilling at Djibitgun, the 2008 drill season will hopefully see drilling commence at both Browns and Llandandi. These are considered to be highly prospective. There is also the possibility that Kimberley Mining which will own the Sorby Hills deposit may want to toll treat their primarily lead deposit at some time in the future.

The potential ore reserves at manbarrum could well eventually be in the range of 40-50m time. Only time will tell but for the moment I remain positive on this company. My investment time frame is around 12 months to see what we can achieve.

W2