Ann: Mt Garnet Tin Project Drilling Results, page-3

Hi Early,

You are right, those grades are much better than had been originally forecast and will indeed auger well for a positive DFS. Timeline stated in the report indicates a resource update by the end of June 2014 and the DFS before end of 2014. Still plenty of waiting to do, however, i would rather wait and them have the economics right before going headlong into something with blinkers on. Having said that, until the DFS is formalised, they won't be able to finalise funding for production.