Ann: Major Drilling Program Sees Key JV Milestone Achieved, page-6

Hi GordonAcko,

Looks like going through announcements that we are expecting results by April, some through April all back by May.

From what I understand results are from at least 25,000m of AC drilling from Laverton south and Pinjin/JV.

The 3,300m of holes drilled pre Christmas, I admit seems a long time to wait for these results, however I can't see anywhere they have noted results back by Feb or early March, seems like by April is the time to expect them regardless of when the drill went in the ground.

So results to flow in coming weeks, I expect they want to go to all these conferences with some type of results or their new gold company to pitch to the industry.

We wait and see where we land with this one, no upside priced in currently.