Ann: Mestre Assays Show Bonanza Grades Up To 265g/t, page-5

We expect to begin taking samples from Cuca in the next 7 days. With the re-processing of our tailings starting tomorrow through the new 400kg per hour hammer mill, a fifth source of clues will be added to our Norseman v Cascavel data set. These tailings could be a rich source of gold that was lost when it was processed through the gravity mill over the last 12 months.

Mr Gray concludes "For now it's too early to know the true potential of Cascavel, however simple changes to the way we mill our rich ore are showing dramatic improvements to our grade and recovery. These are exciting times for the group and we look forward to ramping up production in the coming weeks."