exploration upside

From WME ASX announcement on 17 Oct. 2006 regarding Previous Drill Programmes - "Importantly, the area explored by Gold Fields covered only 30% of the present-day Marenica exploration licence..."

WME have identified surface mineralisation in a major interpreted paleochannel adjacent to the historic drilling area. These "...may result in further quantities of uranium being delineated."

Exploration upside from this extended uranium zone is possible. It will take more than one quarter to confirm the historic resource, and identify new zones on the licence area to be targeted for drilling. Happy to hold.