Ann: Annual Report to shareholders, page-31

Hey SG, I suggest the statement:

"Monaro extension project - pr4029 and 4030 Claims 100 percent"

Meaning 100% ownership of pr4029 and pr4030 claims.

Yes these the outer boarder PR's that have been reduced by 50% some months ago. (as per CAMI) Consensus is these two outliers are of little or no value to AVZ. So yes, pr4029 and 4030 have shrunk by 50%. My guess originally put in pace as a buffer against what is becoming a crowded little area with others scrambling for claims. The buffer remains and surrounds RD and CDL which are the focus and are where the pegmatites are of course.

Cheers BJ