Managing Director Tony Schoer said: ?We continue to make steady...

Managing Director Tony Schoer said: ?We continue to make steady progress with our work programs at the Irvine Island Project and are pleased with the assay results of our latest intersections from both the Hardstaff Peninsula and Isthmus Region.
It is particularly encouraging that we continue to intersect iron grades in the vicinity of 60% Fe located near surface in our drill holes at the Isthmus Region. These results continue to confirm our belief that we expect to be able to produce a readily marketable product from the area with the only impurity of any significance being silica