ann out , page-37

the problem with the equation is

THX = $2mil only...

CORPORATE
Thundelarra holds 20.4 million shares in United Minerals Corporation (UMC), 13.25% of ordinary
shares on issue. At the Railway iron ore project in the Pilbara UMC have defined a direct shipping
quality iron ore resource of 84.5 million tonnes grading 60.2% iron within a broader resource of
111.3 million tonnes grading 57.7% iron.
During the quarter UMC continued reported additional high grade drill intercepts from Railway
including:
UI 613 44m at 61.4% Fe
UI 614 75m at 60.5% Fe
UI635 35m at 61.2% Fe
UI636 32m at 62.4% Fe
UI637 27m at 63.4% Fe
Exploration also intersected ore grade mineralisation at the Railway East prospect including hole
UI 362, 28 at 60.5% Fe.
UMC reported that a project development team has been assembled with the aim of delivering a
definitive engineering study for the development of the Railway project as soon as possible.
The details