Ann: Appendix 2A - Issue of Shares, page-2

Good to see the deal for the twin hills tenements with Yacimiento being executed. I would say that this is a good sign that the deal with Minjar for twin hills deposits will be finalised shortly. Once executed, GBM will hold a serious amount of ground within a highly prospective epithermal area. In previous presentations they have drawn comparison between the Santa Cruz Epithermal region and the Drummond basin (both similar in area) and the massive exploration upside. I also remember Quinton from Novo resources mentioning the possibility of finding several Pajingo type deposits with the area. So there is always the chance that the next round of drilling results from Yandan might be the start of another Million Oz+ deposit.