CMR compass resources limited

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    http://newsstore.theage.com.au/apps/previewDocument.ac?docID=GCA00944813INL

    Browns Sulphide Project

    Throughout the March 2009 Quarter, Intec continued to progress the breakthrough application of
    the Intec Process to the Browns Sulphide Project, a 50-50 joint venture between Compass
    Resources Limited and Hunan Nonferrous Metals Corporation.

    Intec has taken a proactive stance to maintain the momentum of the previous quarter's successful
    technology testwork, which yielded the potential to dramatically reduce the capital and operating
    costs of the Intec Process for the Browns Sulphide Project. INL has maintained an ongoing dialogue
    with all of the project participants despite Compass Resources having called in administrators
    during the March 2009 Quarter. Both Hunan and Compass have devoted significant resources to the
    Browns project, with a total investment of over $200 million to date, which they will not be
    `walking away' from, and so Intec is using its best efforts to assist both parties to recommence
    Browns project activities

    Intec and its Chinese-speaking representative have directly met several times with Hunan
    Nonferrous Metals Corporation, with the aim of continuing the progress of paid development work
    on the project. The advantages of having a local representative with detailed knowledge and
    experience with the Intec Process, as well as complete fluency in Chinese, are obvious and INL
    thanks Mr Lam also for his expert assistance in this area.
 
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