Copper & Nickel, page-29

Vic,

They plan to mine and if gold resources grow, they could fund bottletree.

The prob is its so close to steam engine and Eastern ridge.

From a logistical point, if steam engine and Eastern ridge go plus 1km, based on grades 1m oz.

The grades they have are we'll above industry standard and its all shallow.

Steam engine src155 is 200m more North than the jorc and its wider in the North compared to the south.

Dinner creek is an unknown, based on structure could be bigger than steam engine.

They could end up with 3 plus 1km parallel deposits.

Looking at there progress, they really have only started defining there gold for just over a year and everything is open.

Once they start mining they will have more options.

Bottletree is 800m deep and over 1km wide. Dido is also worth watching.

I'd think they would have completed drilling. It's going to be a big thing if they do get a 300m intercept.

Outside that, Spq is undervalued on gold alone I feel.