Announcement highlights ...
• An Inferred Mineral Resource of 260,000 tonnes at 0.7%WO3 and 0.15%SnO2 at White
Rock has now been calculated on 54 drill holes.
• The new Resource represents a 75% increase in tonnage on the previous estimate with
only a minor decrease in tungsten grade, with tin reported for the first time. Almost two
thirds of the Mineral Resource lies within 30 metres of surface. A scoping study to
assess the project economics is to be initiated immediately.
• Mineralisation is open to the north, and further potential to expand the resource exists
beneath current drilling levels. Further RC drilling is scheduled for Q1 2008.
Metallurgical tests are expected shortly for the two most abundant skarn types.
• Other projects: Field work is continuing on the Paradigm-Exco tenements near
Cloncurry with sampling and mapping of the uraniferous Toolebuc Limestone. At
Frogmore, an airborne EM survey (VTEM) is now scheduled for early January.
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