imprssive quartertly for minnow

1. $6.27m in cash.

2. Drilling has finally commence at St Arnaud

3. Rex has enetred agreement to maintain 100% of iron ore project.

4. Two holes still pending from Hillside (18m @0.2$ Cu).

5. Titeline Drilling contract in place for 2 years.

6. Undil market cap of only $10m - plenty of potential for shareholder value.

7. Very strong register with Avoca etc on board.