Ann: Chong Ma Acquistion Update - Advanced Uraniu, page-2

re: Ann: Chong Ma Acquistion Update - Advance... Yellow Sun Mines (Operations) Pty Ltd has successfully completed its acquisition of Chong Ma therefore satisfying a key condition precedent under the acquisition agreement with Stonehenge.
h Stonehenge has now evaluated additional information available on the Uranium Projects as part of the due diligence process, including historical drilling information. This evaluation has confirmed the existence of significant high grade zones within the mineralisation including:
- 29.50 metres @ 500 ppm, from 69.7 metres to 99.20 metres, 84-DDH-8
- 21.40 metres @ 550 ppm, from 98.8 metres to 120.20 metres, 84-DDH-1
- 20.70 metres @ 560 ppm, from 69.60 metres to 90.30 metres, 84-DDH-1
- 15.90 metres @ 550 ppm, from 23.10 metres to 39.00 metres, 79-DE-2
- 13.60 metres @ 560 ppm, from 141.50 metres to 155.10 metres, 79-DE-25
h The Korean Resources Corporation (KORES, 2008) has recently completed check drilling (7 holes) and established a resource of 26.2Mt @ 390 ppm U3O8 for 22.2 million lbs of contained U3O8 at the Gumsan uranium deposit located immediately adjacent to and along strike to the southwest of Chong Mas 52 Mlb Daejon Project.
h In addition to preparing an independent geological report and JORC compliant resource estimate, Watts, Griffis, and McOuat and Hellman and Schofield are evaluating the potential for substantial mineralisation targets beyond existing historical resources.