Ann: Drilling underway at West Melton Copper Proj, page-128

re: Ann: Drilling underway at West Melton Cop... 4.1c equates to a project value of $15m based on 100% ownership (MEU75%/MOX25%) , 30c based on what they find now having drilled maybe 10 shallow holes (<200m) equates to a project value of $110m , Add in another $100m plus for another several hundred deeper drill holes to get a reserve and some feasibility studies over say 2-3 years , throw in another $10m plus to buy the farm land. $110m-140m gets you a project ready to go to put into development.

MEU drilling into a small high calcrete zones may get some thinking whatever they get here it will be repeated over say the entire 1.2km by 500m potential deposit.

Who is going to fund this exploration program when not one explorer who has drilled a deposit worldwide in the past few years is worth anywhere near whats gone into that project.