quarterly out, page-81

Hi Buddy,


The CuDeco Board clearly indicated that the release of an interim JORC compliant resource statement, predominately based on the Las Mineale cental zone, but with reference to the rest of the tenement, would be released to the market once all material aspects of the main target zones of mineralisation have been quantified to the satisfaction of the geological team. This has been done. However,
notwithstanding, this is part of and prior to the final release to the market of a completed feasibility study.

As I see it, drilling is still being undertaken and we have to await the official release of final results. Then we shall have a definitive DFS to confirm Company Announcements. Anything in the interim is in-conclusive as ore is still being discovered in previously void areas of Rocklands.

An on-going bright aspect for the CuDeco Management, is that the ore stock piles are growing bigger and bigger by the day.


cheers,

Max