Ann: Co-O Mine Conceptual Exploration Target Enha, page-8

re: Ann: Co-O Mine Conceptual Exploration Tar... Crackpot,

From the rns MML are saying that they are already approaching the lower end of the conceptual resource limit (ie 3m oz). Following the recent resource upgrade to 1.9m oz they said that they would be reviewing the conceptual resource size. I attended the investor presentation by Geoff in London a few months back and his view was that Co-O would ultimately produce towards the mid to upper range (so 5m-7m oz). This is all backed up by the deposit being open at depth in all directions and them saying the more they drill the more gold they find. Time will tell by I would not be surprised if Co-0 produced closer to 10m oz over it's mine life. Worth noting the geology is similar to Diwalal mine 60km's away that produced around 10m oz. Add in Bananghilig and MML's other exploration prospects and it's hard to find a better gold investment imo

Jim