There have been a couple of Hot Copper comments about not...

There have been a couple of Hot Copper comments about not releasing the drilling results - they have. They are always put up on the web site, under the "Mining" then "Exploration" tabs - the drill results are in PDF files that can be found at the bottom of the Exploration page. The last Quarter's results were in line with expectations - of the 21 holes drilled, 18 returned higher than 0.5 g/t gold and 10 holes (50%) returned grades above the cut-off of 3 g/t. There were 62 gold intersections above 0,5 g/t (some holes had multiple intersections), and of these there were 19 intersections (31%) above the cut-off of 3 g/t. This is exactly in line with the 30% payability published in the ore reserves and mineral resources reports. This is information publicly available by going through the last drill report on the web site.

Also, Chris Towsey wasn't fired as the sequence of CTO announcements implied (new Board appointed, then heads rolled) - Jim Morrison and Chris quit, back in October, long before the new Board members were appointed. They worked out their 3 months notice to finish on 10 January. Nigel Storey is not a new appointment - it was an internal promotion. SO CTO hasn't gained a new specialist - they lost two (Chris and Jim) and promoted a third internally (Nigel).

CTO now has a Board of 5, with a barrister, two mining engineers, a finance expert and Mark. Generally, Mining companies should have 3 engineers or mining specialists, one lawyer and one accountant on the board. CTO now has that blend.