Ann: Chairman's Address to Shareholders , page-2

Happy with the company's progress thus far.

*45M shares to be alloctaed in the next 3 months if needed to raise further capital..

My take is they are confident of at least doubling the resource later this month/early Oct as they have noted previously in order to justify a scoping study and pre-feasability.

I'm hoping to see some big numbers in the coming weeks when we get the updated resource.

Results of the remaining 20 RC holes drilled are still due and preparation for the 2 Deep diamond holes would have commenced.