GCR golden cross resources ltd

resource estimates, page-2

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    Scoping study - Complete and held by GCR. MD has identified the key points of this SS in quarterly announcement, with report retained as internal report. Overall commentary from company is encouraging.

    CH Drilling - February results yet to be reported. Assume anouncement soon re: results.

    CH resource update - Meeting on held 7 March by GCR (chatted with MD) to project manage external constultants in producing pit optimisation study and revised resource estimate. I am expecting this revised resource estimate within short time after publishing of recent drill results for February. Revised estimate to include all drilling completed since August!!!!! Should at the very least confirm 136 Mt ore body. Anticipating increased estimate with higher indicated status.

    More to follow

 
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