questions answered

CONCEPT MINE:
"A conceptual mine plan is being conducted on Debarwa by Beacon Hill Consultants in order to examine the economic potential of fast tracking the high-grade Debarwa deposit to production."

PUT-CALL OPTION:
"On January 16th, 2006 Sunridge announced that it intended to acquire the interests of its joint-venture partners such that Sunridge would own 100% interest in the Asmara Joint Venture. Notice was served to the partners to this effect but negotiations have been unable to establish a fair value of the project acceptable to all parties. As a consequence and pursuant to the Option Agreement between the parties an independent consulting company, SRK Consulting of Johannesburg, South Africa, has been appointed to complete the evaluation. The valuation report is expected in early April 2006."