Ann: AGM Presentation, page-33

Niuminco has "completed 6 holes"
and is "currently drilling the first of up to 10 deeper (300m) holes"
& "Assay results on the first four completed"

Page 11 AGM
Current Drilling Program
Niuminco has completed 6 holes in its shallow (<60m) drilling program at the Enterprise and Karuka vein systems, and is currently drilling the first of up to 10 deeper (300m) holes into the Enterprise/Kaurka diatreme and stock-work zone.


Page 12 AGM
Enterprise Vein Drill Results
Assay results on the first four completed drill holes EDD019, EDD020, EDD021,
EDD022 are as follows:
Each of the holes contained a higher grade vein section conforming to the predicted
west-dipping vein model:

Page 17 AGM
Bolobip Project
Potential for discovery of economic gold/copper
mineralisation is considered significant and
preparation is underway to commence a 3 hole,
900m diamond drill program.

5 october Ann Page 4 - Edie Cr Gold Intercepts
Drilling Program for Tasmanian Tin Assets
The attractively priced $90 per metre “all-up” cost program will be completed over 2–3 months
--------------------------------------------------------------------------------------------------------------------------------------

Upon re-reading these anns,
All new ann's will be about Gold

*Drill results completed (final assay's to come)

*The ten hole program they have started !

*Plus equipment upgrade progress to increase production - eg shipping to on land, transport to site & install etc.

*Along with the start of Bolobip Drill Program as May River has historical results.

As Tin is a two to 3 month commenced program!

FID