over 100 million ounces silver potential , page-5

Ann 8/4/11

"During March, the Company's consultants have been commissioned to re-optimise the Twin Hills Mineral Resource Base and review potential Ore Reserve scenarios at varying silver prices."

"These will then form the basis for a new set of economic parameters for the operations which will maximise the Mineral Resource at the Company's disposal. It is anticipated that these studies will be completed during April, after which they will be released to the market following a detailed internal review."

"It is also pleasing to be starting production at a time when silver prices are exceptionally strong, which I expect to be reflected in the results of the new resource and reserve studies currently underway."

Cheers

Sheeza