Ann: Early Phase Drilling Confirms Epithermal Sys, page-4

re: Ann: Early Phase Drilling Confirms Epithe... No more drilling in Argentina until after winter, but more drilling results from the sister campaign at that site (one km of drilling) expected within the next month, plus some initial results from rock chip sampling in NZ and their first drilling of the core NZ prospects is expected in the June Qrt. In addition, some movement is expected from the Turner River area WRT a decision on whether a JV will proceed there on the gold prospect, although with the upcoming merger of Polymetals and Southern Cross Goldfields, the feasibility study on that project (which was due about now) may be delayed. Along with any immediate decision to mine given Polymetals will be investing some funds into advancing SCG projects. Whether this is as a replacement for, or in addition to, the Wingina Well mine remains to be seen and might not be clear until after the merger.