Ann: GWR Completes Iron Ore Mining Rights Agreement, page-2

Well done to Management, although this deal is small the process will work like a template and will be like a test study helping work out the most cost efficient and productive way for the other 130 million tonnes to be mined.There is a lot more than even 150 mill tonnes of iron ore to be mined at the site.If this same money per tonne is received for the whole 130 mill tonnes we are talking huge numbers.A JV would even receive more money for GWR in the future. In the short term our the Gold project will bring in more cash flow with the JV with BLK this announcement is over due hopefully we here something soon CHEERS