quarterly out, page-61

Hi oze-


As far as I am able to figure, the release of the initial JORC compliant resource statement, predominantly based on the Las Minerale central zone, but with reference to the rest of the tenement, was released to the market when all material aspects of the main target zones of mineralisation had been quantified to the satisfaction of the geological team.

Moreover, to facilitate an expedited process all relevant studies have been based on CuDeco internally prepared non-compliant JORC resource calculations; with ongoing drilling to be included at a later date.

Management, therefore, may release a completed feasability study at some time in the future. Unfortunately, I am not a Board Member and can't assist you any further.


cheers,

Max