Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-30

Read the full announcement. The tests are complete. The results show that for a marginal cost increase, adding cyanide leaching and a flotation circuit to process the fines, achieves a 92% gold recovery. Therefore, they eventually intend to use this process to produce gold bullion on-site.

More recent tests have shown that generating a gold bullion on site from cyanide leaching a gravity
concentrate and replacing the flotation circuit to recover gold from the fines with a CIP circuit could increase
recoveries to +92% at a lower operating cost. Given the marginal cost increases and the additional flexibility
that a cyanide circuit offers, this option has been selected for the project. NB Adelong has approval to use
cyanide on site.