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.
MUN Price at posting:
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