Richie,From the Chairmans Report in the 2011 Annual Report...

Richie,
From the Chairmans Report in the 2011 Annual Report recently released.

"Iron Pot Creek (Crystal Mount) gold-molybdenum-copper-porphyry prospect has been joint ventured
to Spencer Resources Ltd, and Icon has joined the Constance Range Iron Ore Alliance with the
intention of realising the value of its Constance Range iron ore prospect."

So yes we still have our Iron Ore prospects.

The Fry shares are in escrow until December 2012 so I would not expect to be issued until then.

Regards,

Banksy