question on interest in deposit

Hi all,

Looking back on previous annoucements, the only information I can see regarding the purchase of the Zinc tenements states that MLS holds only 80% of it, Pan Pacific Mining (who by getting issued shares for consideration for the 80% are MLS's biggest shareholder) still hold the other 20%, is this correct?

If so this is important as it means the tonnes of Zinc attributable to MLS is 64,000 not 80,000. (and of course any further upgrades of the resource)

Mrs Rice to answer perhaps? Or Mr Rice who must trust the wife enough to hold them in her name? (Dangerous) ;-)

All replies appreciated

Cheers

J.