Ann: Very high grade results from new southern bauxite plateau, page-2

Now that is a result

These tenements down south were not regarded as well as the Minim tenements. That view will have to change now!

I see a very easy 2 to 3 Billion tonne resource at the completion of exploration. Given the grades and EXTREMELY low silica content, the rail solution coming together and the yawning gap in bauxite supply only a couple of years out I suspect a very happy outcome for share holders.

Results confirm the extension of high-grade bauxite to the mostsouthern areas of the Project.

• Drilling intersections include:
o 12m at 50.1% Al2O3 and 1.1% SiO2 (total) from surface1
o 7m at 50.1% Al2O3 and 1.9% SiO2 (total) from surface
o 7m at 50.4% Al2O3 and 1.0% SiO2 (total) from surface
o 7m at 51.0% Al2O3 and 1.1% SiO2 (total) from surface
o 8m at 51.3% Al2O3 and 1.1% SiO2 (total) from 1m1
o 11m at 50.9% Al2O3 and 0.9% SiO2 (total) from 2m1
o 8m at 51.2% Al2O3 and 1.1% SiO2 (total) from surface
o 5m at 53.7% Al2O3 and 1.1% SiO2 (total) from surface.

• Results indicate the potential for further high-grade areas in the region