Ann: Operations and Development Update, page-7

Good news from Taronga. Granville as expected for me, I wasn't expecting much there.

Taronga Stage 1 Project
The Company has appointed Townes Contracting to undertake an initial program of mining, crushing andcivil works associated the Taronga Stage 1 Project. The contract, anticipated to take three months, providesfor site establishment, initial mining of approximately 50,000 tonnes of ore and waste (refer Figure 1),crushing of ore and the construction of an 8ML water dam. Townes Contracting are based in Tenterfield(NSW) and have significant experience with quarrying and crushing operations, and with the constructionof tailings dams for mining projects. Townes Contracting own all the equipment proposed to be utilised forthe contract.