Ann: Director Appointment/Resignation, page-12

Very quite here at CMO. We must be close to getting some news on future drilling.

From the ASX release at the end of July.

Follow up drilling of mineralised intersections and/or vectors identified from logged alteration and
pathfinder geochemistry.

• These includes the mineralised Kanowna Shear Zone west of 24KGRC0001
as well as extensions to the Laguna Verde intersection in hole 0008 (est. August/September)

• Further AC drilling to target newly identified structural splays, associated with the Kanowna Shear,
where anomalous gold and pathfinder geochemistry has been identified at the Adder and Tiger targets
(est. August/September)

• AC drilling across the newly acquired 6-Mile target, covering a roughly two-kilometre zone with
anomalous supergene gold directly northwest of Don Álvaro (est. August/September)

• Review and reprocessing of geophysical data to target key structural zones where these are associated
with gold mineralisation (est. August/September)

I also find it interesting that we have 4 non executive directors now and no MD as yet.

In the interview that Capt Tony posted Andrew tells us that himself and Cosmo’sconsultant Shane Miller from Barking Outback are steering the ship.
Ihave confidence in Andrews abilities as a geologist but he must have a fairly full plate between CMO and GBR.

With gold posting new all time highs in AUD it would be a great time to announce the start of the next drilling campaign and hopefully follow up with some solid results this time.