Redback- the next KCN?, page-5

Thanks Saxien, I'll have a dig around, still battling with cut, edit and pasting pdfs, does weird stuff, errors sneaking thru, Sorry about that, it should read...


RED BACK MINING NL

QUARTERLY REPORT
FOR THE PERIOD ENDING 30 SEPTEMBER 2002

HIGHLIGHTS

* Bankable Feasibility Study ("BFS") for the Chirano Gold Project in
Ghana continues with data collection complete and interpretation and
reporting underway. The BFS will be completed in the December 2002
Quarter.

* Major 13,633m drilling program completed. New resource/reserve
inventory to be completed in December 2002 Quarter.

* Higher gold grades achieved in diamond twin holes and during
In-fill drilling, indicating potential for increased gold output.

* Other BFS components finalised with positive outcomes including
plant flow sheet design, water balance studies, tailings analysis,
haul road design, plant and tailings dam geotechnical studies, open
pit dewatering studies and sterilisation drilling.

* Six month option secured over key capital items for a two million
tonne per annum Chirano processing plant, ensuring maximum
development flexibility.