Ann: Suplejack Gold Project Update Presentation o, page-7

re: Ann: Suplejack Gold Project Update Presen... Hi Kori

That 1m intersection is a good grade. However, re reading the indepedent geo report in the 2005 prospectus, and the 2005 drilling results... then looking at todays ANN and looking at TAM and ABU recent announcements, I still don't see that much to get excited about. I'm not a geo, but I don't see anything released in the recent drilling program supporting a big resource upgrade. I note that all the 2005 announcements referred to sampling errors that may have led to a doubling or tripling of the 1999 JORC...without spending the $1.2m we just have on drilling, it was just sampling reintrepretation.

With the burn rate, we will be raising money again (IMHO) for another crack at drilling mid next year post wet season, and whilst the deep hit at 96g/t is encouraging, it was only 1m and its deep. The 2005 drilling has better widths and similar grades....so not sure I can be as positive on what we've released this time around. I hope we have the geo report on any potential upgrade prior to the AGM.

DYOR