Ann: Melbourne Mining Club Presentation - Sept 2015, page-37

I'm looking at topping up as recently we have had the following good news:

* Sprott have sold out to 3 insto's
* Wife of a Director buying a significant amount
* Vivien and Kathleen Valley on schedule
* Burbanks mill now generating revenue
* Increase in AUD gold price
* Modest increase in reserves
* Encouraging exploration results

While there was no stand out new information in the latest presentation there was a few tidbits which add to the stream of good news:

* Mt Magnet AISC is now $1,300 vs $1,320 in the last report
* A small increase in reserve grade for KV from 4.1 to 4.2 - whilst this may seem insignificant it does show that mining of KV is meeting the expected grade
* Ore haulage for KV commenced a month ago
* Blackmans maiden ore reserve due in October
* Grade mined for the Saturn pit for the September quarter is 2.0 vs 1.8 expected in the last presentation

Nothing major but all the above points are good news which is being reflected in the share price and increase in buy depth.