Ann: BC Iron Dec 2013 Quarterly Activities Report, page-6

re: Ann: BC Iron Dec 2013 Quarterly Activitie... Good quarterly. No surprises.

The trial results from memory have never been promised on or by a certain date but they had expected to complete them sooner it seems. A few observations:

- if they had results at the moment, is this the sort of market you would want to release them in?
- from today's quartely, they are now blending all sorts of ore including stockpiled, lower grade than initially thought and freshly yielded ore to see what resukts can be obtained. This should be a positive.
- they are talking about moving the beneficiated ore to port for blending and sale and then advising results which would include mine life extension. My bet is thgis will all happen in a hurry around mid year / end of financial year results.