Ann: High Grade Gold Discovery Confirmed 192 6 g/, page-31

re: Ann: High Grade Gold Discovery Confirmed ... Shinobal. The Ouro is sig in today's published discovery as the other two; more so, Mineiro is Portuguese term for the inhabitants of the Brazilian state of Minas Gerais.

Our Barzillian asset already has a JORC inferred resource and the hint in "Rio" is that Rio Tinto (RIO) has claw back rights if mkore than 7m oz is discovered. It's virgin territory.

Looking forward to the width as 400m plus and open in all directions implies a windfall IMO.

... then we have Tropicana adjacent to Anglogold's discovery, West Musgrave (Handpump) with highly sig results of late, Lake Mackay with potential copper/gold/iron oxide.

3 JVs in place with Anglo American, Iluka & Meteoric....potential further acquisitions.

Don't concern yourself over tomorrow IMO, it's what may eventuiate this year, for me at least. They have enough to drill as their business plan but when the time arises, the speculation is now at what price any placement will be capitalised upon and who too, bearing in mind Bowler, our MD, faciliatated the t/o of the Ox for $415m.

Remember as well that Oz Minerals holds 13.7% and incredibly, our Management owns 24.5%.

The market ain't stupid.