GDay Andrew,It has been since the 30th Apr we had any info on...

GDay Andrew,

It has been since the 30th Apr we had any info on IBR mines but the detail in the quarterly at that time was very impressive.

Highlights.

* STG 1 gravity plant commissioned and operating 24/7
* Record 2000T mined from underground Terterasar mine (around 15g/t)
* New extensive stockwork vein system located when preparing for open cut mine.
* Three diamond drill rigs had commenced a 35000m program.
* Gekko Intensive leach concentrator was in transit to Armenia
* First gold deliveries to refiner due June QTR
* Montemor goes to full feasability

Resources

Lichkvaz 1.4M OZ JORC and 4m target ($840M now target $2.4B in grd)
Montemor 610 000oz JORC ($366M in Grd)
Portalegre 327 500oz JORC ($196M in Grd)
Reguna Tungsten 4.8MT ($600M in Grd)


Its going to be a very impressive read this new Quarterly with Tamaya's production and new projects thrown in.

My shares have gone from 71c in April to $1.24 (TMR 31c) today a 74% rise that is only just begining. TMR on earnings alone should push $1 this year, add in all the drilling programs and resources upgrades and regrading of the stock and its going to be a very strong 3 year position.

Good luck to all who hold

Snork