ann highlights

Securities Exchange Announcement – 8 April 2008
Projects Update – Engenho Exploration Potential Upgraded
HIGHLIGHTS
 Soil sampling and mapping significantly enhances exploration
potential of Engenho tenements.
 +1km long cohesive gold anomaly identified immediately north of
Engenho Gold Mine.
 Numerous old mine workings identified with rock chip samples
grading 3-10g/t Au.
 Mine development at Engenho identifies a number of new ore
sources, confirming the potential for parallel ore sources.
 Gold production confirmed to commence in April 2008.
 Drilling at Conceição mineralised zone (Tocantins JV, Brazil)
continues to enhance gold resource potential.
 Drilling program confirmed for new projects at Nova Prata and
Jaqueira (Brazil).
 Development at Torrecillas (Peru) continuing on schedule.