News in from IVR today as a long time shareholder of...

News in from IVR today as a long time shareholder of SNU/IVR.

Hallo..xxxxx

Good to hear from you again and that you are still supporting IVR.

Next assays are still about late Feb/early March. Then a steady stream from the current 6,000m RCP program that will be finished end February with assays into April.

We expect to do some more infill RCP drilling through April May ahead of deciding on an initial resource from mid-year.

Also 6,000m of aircore/RCP drilling on satellite targets around Paris maybe March to June.

Plus 4,000m aircore drilling new metal centres on Eyre Peninsula delineated by regional soil geochem as for Paris.

Plus 2,000m of aircore drilling if we get access in wheat paddocks to the Buet IOCG target on Yorke Peninsula.

So in all IVR has 23,000m of drilling planned for 2012 of which 70% of the budget will be on Paris.

All the Best..

xxx