Ann: Valuation and Listing Rule 7.1A.4(b) and 3.10.5A Information, page-44

Hi All

I am a holder as of yesterday, will look to increase holding if I can clarify on a couple of things. Read through most announcements regarding Thursdays Gossan last night to get a better idea of where they're at. From the latest TG drilling update on 30/05, - 'Two diamond drill rigs are currently operating at Thursday’s Gossan. Drill holes SMD026 and SMD028 are in progress and are targeting underneath the M vein intervals in SMD017 and SMD024 underneath the LAS.' This is the last I have seen regarding comments on the TG drill program.

I didnt see any news regarding holes 26 and 27 post this announcement on 30/05, however someone has mentioned here that they talked to the company recently and that they are now in the SMD30s?? Have I missed something here, or were SMD 026, 028 and thereafter simply not reported on? Have I missed an update? If they have indeed moved on to new holes, I would have thought investors would be informed of something. No mention of these holes in the Noosa Mining Presentation either.

Look forward to hear from you guys who know a lot more about this project than I do.