update

Drilling commenced at Prairie Downs Iron Project,
designed to both upgrade and increase the current 453
million tonne JORC-compliant Inferred Resource.
> From drilling to date, the Spearhole Detrital Channel
Iron deposit has been extended from 10.8km2 to
22.5km2 in area.
> Drilling has also included a Sonic Rig which has collected
several 5 tonne samples for beneficiation testwork.
> Sonic samples are ideal for metallurgical and ore
deposit testwork.
> The 2010 exploration program and associated activities
have been designed to advance Prairie Downs Iron
Project to the pre-feasibility stage by the end of 2010.

News can't be far away.