Hi allI mentioned yesterday being in this since the AMEC Sydney...

Hi all

I mentioned yesterday being in this since the AMEC Sydney seminar...very impressed with the story. The slide show posted here from October is almost the same as the one used at Sydney AMEC...

This comment though was the most important to me at that time, as the Hill Side seemed to be very positive but a long ways off. This Steve said was a near termer, and had HUGE potential. Its worth reviewing this - its from the rpesenter notes of slide 12...

In summary, key attributes of the Mt Carrington project include:
•Shallow Resources of 240,000 ozs gold equivalent (146,000 ozs of gold and 4.6
million ozs of silver).
•Drill defined extensive gold and silver mineralisation beyond the existing
Resources.
•Immediate open pit development opportunities and future multi-mine potential.
•Epithermal system with potential for large scale, high grade gold mineralisation
at depth.
•Close to infrastructure, suppliers and workforce at Lismore.
The improved geological understanding since 1990 and more recent increases in the
gold price (US$350 to over US$850) and silver price (US$5 to over US$17) have
transformed the outlook and economics of Mt Carrington. Accordingly, Rex considers
that a well targeted drilling program could lead to the development of a large scale gold
and silver operation at Mt Carrington.