Ann: Galaxy Ships First Spodumene from Mt Cattlin, page-14

re: Ann: Galaxy Ships First Spodumene from Mt... http://www.galaxyresources.com.au/documents/DocGXY-159GXYIssuesWPIPforHKListing110228_000.pdf

"We commenced production of spodumene concentrate from the Mt Cattlin Project in October 2010. The Mt Cattlin Project is currently in ramp-up, and at full capacity, which is expected to be achieved by the fourth quarter of 2011, we expect the Mt Cattlin Project to produce approximately 137,000 tpa of spodumene concentrate containing 6% lithium oxide. The Mt Cattlin Project currently has an ore reserve of 11.4 million tonnes at 1.05% lithium oxide and a mineral resource of 15.9 million tonnes at 1.08% lithium oxide. Mt Cattlin has an expected mine life of 14 years, which may be extended by further exploration."