kroombit

We are still awaiting the Kroombit 'detailed summary which when completed will be released to the market early in December 2007' ... they are about 1 month late on this one.

But, quoting the Chairman on the 30 Nov 2007 announcement, a) Kroombit drilling has been an outstanding success
b) It is near surface over good widths and mining costs will be low
c) It is extremely well located in terms of infrastructure (power, road, rail and ports)
d) they want to progress towards feasability studies in parallel with ongoing drilling
e) they aim to extend the current known mineralisation into a resource calculated to Jorc standards

Let's face it, to protect extensions to the Kroombit deposit
and other conceptual targets, ARE has been granted '3 Mineral Exploration Permits covering 663 square
kilometres surrounding the Kroombit Mining Lease'.

So really, we should expect Kroombit ASX announcements to begin re-surfacing very shortly.

There is a mine in the making here! ... and let's not kid ourselves, out of all the 100s of junior explorers operating today in Australia, just how many actually get
to the mining stage??? ...anyone have an answer?