Ann: High grade iron concentrates from DTR testin, page-2

re: Ann: High grade iron concentrates from DT... fantastic news!!!! especially on the impurities

HIGHLIGHTS
? XRF analysis indicates consistent high quality concentrates averaging 69.09% iron are produced
from the Yampi Member at the Hardstaff Peninsula.
? All impurity levels are universally low including silica indicating a superior DRI quality
concentrate may be produced at a coarse grind size.
? A consistent high quality concentrate is produced irrespective of drilling location.