"VMS" - Multi Asset Resources., page-7

Hi Beisha: just to reiterate a few points you may not have seen.....Riley has a total resource, with out further discovery of 2.1 ml tonnes approximate 2.6 years, all at near surface.......Livingston has only had 10% of the defined Area drilled yielding up to 2.4 ml tonnes....What you will not see and I posted some time back was an application by VMS to extend Livingston lease Area over another highly prospective Area......The Minister for Mining has recommended VMS be granted the Extension.....Drilling by CHN over the Thor lease Will commence over the next 14 days possibly earlier.....The life of the mine currently Riley / Livingston is approximately with out further discovery about 4 years......Last time, I spoke with the CEO he reminded me that only 10% was drilled and that soon as production got under way a New drilling program would commence over some highly prospective areas at Livingston and Mt Lindsey.....He was also looking at a few other scenarios for MT Lindsey......NGG, is also a big deal and my guess is will be subject of some Interest by at least 3 other Companies.....Our next round of drilling will shed more light on this.....Kulin, is at early stages and will need follow up drilling irrespective of the last round of drilling......I, hope this helps a bit.