Mitis, I recently had a reply from the Chairman Mr Mick McMullen...

Mitis,

I recently had a reply from the Chairman Mr Mick McMullen outlining possible events taking place this year. I am very confident with his previous track record, hence why I have invested and will further invest.

With a new Management team and Mick pulling everything together, I am also bullish. Mick also mentioned that he would further strengthen the team in Nevada.

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Dear xxxxx,

Am in North America for the next week. I visited the NVI site earlier this week. What is going to happen over the rest of 2012 is it will be drilled out properly, the project will get a lot larger, the feasibility study will be fixed as it wasn’t at a definitive level (so you couldn’t finance on it) and then we will put finance in plan to build it. Its likely we will list it on the TSX or TSXV before the end of the year. I am starting to market it in North America now. 

I remain bullish on the project. The news flow over the next 6 months will be based around:

Drill results
Increased resources
Increased reserves
Increased production profile
Permitting
TSX listing

Regards
Mick McMullen