Ann: PERU DRILL PERMIT UPDATE, page-87

Drilling Frewena's before we JV for my liking. The story keeps building with solid IOCG signatures from multiple investigation methods. Let's try get a couple of holes through something interesting to tilt any JV talks well in our favour, in my opinion.

I was hoping we would hear a little more about specific timing on our fast tracking of Australian projects. I'm certainly not indicating the company is doing nothing, I'm just well aware that timely execution is critical for us.

Hopefully we have or are close to having AMGRAD for Jean Elson booked and get them out there ASAP. We have confirmed there is an interesting story evolving there worth further steps but have not acted on this since November. This should have been progressed immediately as discussed on this forum.

I am also hoping we are able to use the preliminary Frewena's geophysics report for drill planning and we are close to having drillers booked for this work for the start of June. The final report is due in May, any slight changes to the drill targets I'm sure could be accommodated through the program.

Fingers crossed we get the Macauley Creek report this week. Maybe we need to give Resource Potentials some free options to put ICG at the top of the pile haha

Obviously fingers crossed for Riqueza as well

I'm on board and really happy with where we are at so don't take my comments above out of context. I just understand that speed and execution is critical for ICG and any business that is trying to deliver on their strategy. I have patience for things that require it. For example the Jean Elson geophysics report will no doubt take 4-6 months to complete and I can easily wait for that. What isn't right is not spending the $250k to get this process started, we have wasted five months on this so far, we should not be wasting any more.

I still believe we should have a program of planned exploration work specific to months/quarters. Firstly to hold the business and management to account and secondly to educate the market of the amount of opportunities we have on our plate.

Good luck everyone