calling agm attendees, page-25

Andybroady

With respect to Railway one could define "delineate" as being a possible outline of a typical cross section of Area 'C'.

Round 2 assaying of holes UI31, 36, 37 & 38 will help with defining the size of Railway's resource, but nothing like the mini drill programme planned to commence prior to EOY which will give our geos a definitive cross section.

It is unclear at this stage if the two holes drilled on Area 'B' (yet to be assayed) will help with defining the strike length, either way defining the size of the resource will occur after next year's drilling. Mind you, this should not stop Barry from giving us a tonnage estimate per 1 mtere of strike length.

One important observation which bears mentioning is the fact that holes UI31 to UI38, which create an almost due north to due south line, may not have intercepted the strike length at right angles. Non the less the results of this mini drilling programme will help define the cross section and hopefully get the Goldsworthy/BHP geos frothing at the mouth.