Ann: Promontorio Resource Estimate Completed , page-9

Knuckles,

Thanks for saving me the typing.

A few things i would add.

Disappointed as well with the initial JORC, was led to believe that ALL the current drill information would be used to define the initial JORC resource. Almost half the results are still outstanding...

Where to from here? More drilling! Still confident of long term appeal of Promontorio but AZS look like treading water under 10c now.

Will have ~A$1.2M left at the end of the qtr, a placement below 10c or JV funding from JOGMEC is now more likely next qtr.

Tetonka,

40% copper was their best result, looking at the average grade and the cut off grade.