resource lb valuation, page-2

Lenovo,

I emailed the company to see how progress was going with the independent mineral resource estimate and the independent scoping study.

The response was along the lines of:

Resource estimates and study are definitely progressing and Alliance continues to work to meet the deadlines that were published - (i.e. as per ASX announcement on 2 April 2009).

So hopefully not too long before initial resource estimate on Four Mile East deposit is published, followed by the expanded resource estimate on Four Mile West and then the independent scoping study.

Hopefully happy days ahead . . .