G'day allSo we just received ASX notification - Appendix 3b...

 G'day all

So we just received ASX notification - Appendix 3b that $77,000 of Magna next tranche of $ 2 Mil has been converted at 1.5 c per share,

 funds required - 3d party CIL tests & Plant optimisation by principal of Gell Street Mining, Mr Peter Richards has been stated to have been completed after identifying  5 areas of the processing plant that appear not to have been carried out in the last 2 years- particular focus was the Inline Pressure Jig - IPJ, where the jig was re-ragged with leadonly balls.

Up until now the jig was a mix of steel and lead balls.

Effective Monday 29th of October, we have moved from one to two shifts per day with aparticular focus on processing up to 3,000 tonnes of tailings each month from our 40,000 tonnes of dry stacked tailings, in addition to ourhigh grade ore.

We hope the adjustments to the mill and the increased volume of feed fromtailings will allow us to reach our first production milestone in the near term.

Conformation of Actual Gold Recovery of the first batch of tailings through recently optimised plant awaited.

Conformation of Actual Gold Recovery of the first batch of High Grade through recently optimised plant awaited.

Exploration results from Sertao -awaited.

Exploration Results from Eliseo -awaited.

AGM at End Of the month.

logic imply's their will be news flowing prior to the AGM.

glth-salt