about to run, page-8

tcf, I checked the last half yearly

You are correct about the iron ore announcement being due this month

"...Fugro Airborne Surveys have recently commenced flying the iron capped ridge using their low level Cresco
aircraft at 40m flying height. Preliminary results from this 50m line spaced survey are expected to be released
in October 2009.
An extensive rock chip sampling program has now been planned for the central Corunna Downs tenement and
this will be carried out in October 2009. The results of this program will be utilized in conjunction with the
aeromagnetic survey results to plan the drilling program for 2010.
Planning of access routes on to the iron capped ridge for the drilling program has commenced. The historic
access track used in 1972 still exists and a number of routes are to be surveyed for heritage sites and slope
stability prior to clearing in early 2010.
Once the access tracks have been created, in order to test the extent of near-surface haematite DSO potential
and subsurface magnetite potential at the Corunna Downs prospect, Gondwana proposes to undertake a
program of angled RC drilling in selected areas in the second quarter 2010. This work will be closely modelled
on the success of Atlas Iron’s re-evaluation of iron resources at Pardoo and Abydos and BHP’s review of its
Goldsworthy-Yarrie operations given the geological similarities of the host material.
Corunna Downs Iron Ore Project is considered one of the Company’s key projects.