up 20 percent, page-3

Is hard to know the true impact of these results.
They are stated to be in fill holes.

Therefore have they just proven that ore already assumed to be in place actually does exist?

Has the tonnes defined by these holes added to the resource base, or just increased confidence in it?

Was this ore previosuly utilised in the prefeasibility study?

IGR have not clarified this.

good infill drilling reduces risk, but does not necessarily add to previously stated project value....

its hard to know whether this drilling has helped with IGRs objective of finding another year of ore reserve. One would hope that it has.

AC