MRS monarch resources limited

2 million gold resource and nickel project sbm, page-10

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    Breakup of the 2million ounces =

    The Davyhurst project resources as outlined in the Croesus 2005 Annual report were 808,000 ozs.

    The Siberia Mining Corp. resources as referenced in their 2005 Annual Report and SIB web site are:

    Siberia Project: +750,000 ozs
    Lady Ida Project:+420,000 ozs
    Yandal Project: +118,000 ozs
 
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