dont get too excited, page-2

The 0.7g/t cut off was used by the previous owners of the Norseman project.

Mt Henry is only one area of mineralisation within the Norseman prospect. The company said that apart from the other 3 appraisal zones which they are or will soon be drilling (Selene, North Scotia, Abbottshall) there are another 9 areas of mineralisation which could be resource additions.

They have not even finished drilling at Henry and they are already at the same resource size as what the previous owners have indicated and the current estimate includes a higher cut off zone.

Im sure once drilling has been completed at Norseman, there will be further resource upgrades to indicated/measured at all mineralisation zones, increase in resource size and up to 9 resource additions.

Also with the gold price continuing north, the resource will increase in value and the resource size may increase with a lower cut off grade used (perhaps the 0.7g/y is reverted to)