qmn the little stock with big potential..., page-34

Meerkat said:

"and its nearology to CDU means little"

See CDU announcement on 21/8/08

"Another reason for Cudecos investment in QMN was their 100% ownership of the Morris Creek EPM which abuts the SW boundary of Cudecos Rocklands Group Copper Project. The tenement runs along 1.6km of the SW boundary of Rocklands and has similar geophysical survey results to that of the Rocklands Project particularly in the Rocklands SW Corner of their EPM. The Company intends to approach the board of QMN with the view to Joint Venture their Morris Creek EPM with Cudeco earning an interest by exploring the QMN EPM.

In addition to the tenements owned by QMN, the Company has a great exploration team of Geologists including one of Xstratas former Senior Exploration Geologist who has been QMNs Chief Geologist for the past 12 months. Other mining tenements owned by QMN of interest to Cudeco are the Young Australian Gold Copper Project formerly owned by Mt Isa Mines, the Mt Freda Gold Mine and the Flamingo leases. The Flamingo leases were drilled by Mt Isa Mines in 1990 and have had extensive drilling, intersecting wide zones of copper mineralisation in stockworks.

The Flamingo leases and surrounding EPMs are considered by Cudeco as prime targets for large scale style copper mineralisation

Yours faithfully,
Wayne McCrae
Chairman "