resource update, page-17

Hi,

This is from the June 08 quarterly report

"As reported previously, a scout hole approximately 500 metres south of the main Mo
anomaly, RC08A009, ended in silver-lead sulphide mineralisation. The final three
metre composite sample from 147m to 150m graded 37.3g/t silver, 0.18g/t gold and
0.67 lead. Single metre samples from this section indicated that all the high metal
values were at the end of the hole with the sample from 149m to 150m grading
96.6g/t silver, 0.60g/t gold, 2.0% lead and 0.15% copper. A diamond drill extension
to this hole will test the mineralisation beyond 150m (130m vertical depth)."

However they did not find any more when the hole was extended but where there is smoke there is fire so there must be more somwhere around the Anthony deposit.

You would think that the size of the ever growing Mo deposit would soon attract one of the bigger players. The location close to Clearmont is another big plus, ie no need for a big mining camp as people can live in town and the main road intersects the Anthony deposit.

Cheers TF (long term holder)