the positive outlook of WME mgt. is very important.....More...

the positive outlook of WME mgt. is very important..

...More importantly, drilling in the near term will aim at demonstrating the potential to significantly expand the initial mineral resource outside Areas 1 to 3. This will be underpinned by initially focusing drilling on a 28 sq km area immediately south and east of Areas 1 to 3 where some wide spaced drill holes have reported significant mineralisation. This programme will be undertaken in conjunction with the drill testing of more ‘green-fields’ targets in palaeo-channel and hard rock environments currently underway.

The Company is pleased to have achieved the mineral resource estimate for Marenica reported in accordance with the JORC code in a relatively short time, and is optimistic in substantially growing this resource in 2008...


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