The reality of the last 1/4 is:$137,000 spent on exploration,...

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    The reality of the last 1/4 is:

    $137,000 spent on exploration, $323,000 spent on admin.

    Amount?of?$125,960?at?1.23?comprises?directors?fees???G?Durack?(5,000),?M?A?Ashton?(5,450),?M?R?Billing?(5,450),?N?W?Gardner?(5,450)?and?T?J?Ireland?(5,450).?In?addition?consulting?fees?and?expenses?outlaid?were?paid?to?related?corporations?of?directors???M?R?Billing?(26,900)?and?consulting?fees?‐?T?J?Ireland?(18,412).?$53,848?was?paid?to?Western?Desert?Resources?Limited?during?the?quarter?for?office?accommodation,?administration,?secretarial?and?accounting?services.

    Hale?River‐ surrendered?
    Plenty?Highway‐ surrendered?
    Curtis?Pound‐?? surrendered?

    No drilling planned on Harts range, not enough cash to do much else but go over old data.

    Think I'll wait a bit longer.

    Regards,

    TCG
 
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