In July 2004 View Resources purchased the Bronzewing gold operation from Newmont Yandal Operations Pty Ltd (“Newmont”), for a total cash consideration of A$9.0 million. Bronzewing is located in the Eastern Goldfields of Western Australia and approximately 400 km north of the regional goldfields centre of Kalgoorlie.

Acquisition Highlights include:

• Value Acquisition - Acquisition costs of $9.0 million compares favourably with the    independently estimated plant replacement cost value of $100 million and a current scrap value of $7.5 million. If you exclude the value of the plant from the total, this equates to an acquisition cost of less than AUD$4 per resource ounce.
• Resources and Reserves– When View acquired the project from Newmont, total resources (Newmont estimation dated 31 December 2003) stood at 386,436 oz of gold with no mineralisation defined as reserves. By the commencement of mining operations in April 2007, following a successful feasibility study and selected strategic acquisitions, the project’s resource base had been increased to 816,000 ounces, including the 153,000 ounce Corboys resource. Over 540,000 ounces of this resource was contained in reserves. The current resource base is summarized under the resources and reserves section of the website.
• Lower Cost Structure - View Resources intends to operate Bronzewing at a cost structure commensurate with the size of the company. The benefits of applying a lower cost structure are the ability to convert resources to reserves and potential for a significant increase in total resources.
• Well-established infrastructure - Includes a 2.3 mtpa gold processing plant including a recently upgraded 3.5 MW SAG mill and crushing circuit, airstrip, power and water supplies, access roads, well maintained 280 person village, surface workshops, mine offices and assay laboratory.
• Centrally Located Mill for Custom Milling Opportunities- In addition to catering for View’s planned production; the excellent infrastructure at Bronzewing provides an opportunity to either acquire outright or to provide custom milling facilities for other potential mine developments in the district. In August 2005, View achieved in principal agreement to process ore from Korab Resources Melrose project and in October of the same year, View signed an option agreement with Audax Resources to acquire the Venus deposit. View subsequently signed an agreement with Great Australian Resources to acquire the Corboys deposit. A number of other potential third party feed opportunities exist within 50km of the Bronzewing mill that will benefit from the resumption of operations.
• Large tenement package – Extensive exploration data base, tenement package including mining leases, exploration and prospecting licences covering over 700 km2, all within a 50 km radius of Bronzewing.
• Significant Exploration Potential - Bronzewing Project is located in the highly prospective Yandal Greenstone Belt in the North Eastern Goldfields region of Western Australia. The Yandal Belt contains some of Australia’s largest gold mining operations that have produced over 8 million ounces of gold in the past ten years. The area has the potential to host further major precious and base metal deposits.

Cockburn Deposit

The Cockburn deposit is located 8 kilometres west of the Bronzewing mill (figure 1) and formed part of the McClure Mining Operation, initially developed by Australian Resources Limited (ARL)/Arimco Mining in the early 1990’s. Historical mining of the Cockburn deposit by ARL commenced in mid 1996 and by the cessation of open pit mining in March 1999, the deposit had produced 4,374,054 tonnes of ore at an average grade of 1.91g/t for 268,201 ounces of gold. Production was from 3 separate zones, Calista, Orelia and Cumberland within a pit over 800 metres long and reaching a maximum depth of 140 metres. An underground portal and decline development was commenced but abandoned when Arimco Mining was placed into receivership.

Figure 1. Location of the Cockburn deposit

Subsequent owners, including Great Central Mines, Normandy and Newmont undertook additional drilling and feasibility testwork that formed the foundation for View Resources own open pit and underground feasibility studies.

Geology

The mineralisation at Cockburn is overlain by an alluvial paleochannel up to 35 metres deep. The deposit is located on a northwest trending flexure of a regional NNW trending structure that also hosts significant gold mineralization one kilometre further north at the Lotus deposit.

The overturned steeply west-dipping and east facing bedrock stratigraphy is composed of a sequence of mafic and felsic volcanic and sedimentary rocks.

The westernmost unit comprises ultramafic rocks that are separated from the overlying mafic volcanics by a narrow horizon of massive sulphides and sulphidic breccia that corresponds with the position of a major structure, the Calista Fault. Gold mineralization within the Calista zone occurs as discrete lodes within and marginal to the sulphidic horizon as well as a series of more irregular stockwork veins in the basalt, associated with carbonate alteration and minor sulphides.

The mafic and felsic sequence to the east of Calista includes two dolerite intrusives called the Orelia and Cumberland Dolerites with gold mineralization at the Orelia and Cumberland zones concentrated around the margins of these two bodies either in irregular stockworks or in more discrete quartz lodes, such as developed along portions of the Cumberland Fault.

The mineralized lenses at Cockburn plunge gently south beneath the open pit.

Figure 2. Geology of the Cockburn-Lotus trend.

Figure 3. Cross-section through the Cockburn deposit showing mineralized lenses.

Mine Plan

Based on a number of detailed studies, optimal productivity from the Cockburn orebody can be achieved through a combination of open pit and underground development. The majority of the higher grade underground reserve (1.4 million tonnes at 3.3g/t gold) at Cockburn are developed at the southern, Callista end of the deposit, whereas there is a concentration of lower grade, open pittable mineralisation (3.1 million tonnes at 1.9g/t gold) in the northern half of the deposit.

In April 2007, the portal for the Callista decline was commenced with initial stope production from the underground lodes occuring in the March quarter 2008. Production from the open pit portion of the deposit is scheduled to commence once mining of the Central deposit is complete with continual production from the Callista underground continuing throughout the open pit mining phase.

Figure 4. Callista underground mine showing reserve blocks

Central & Discovery Deposits

Gold mineralisation at Bronzewing was discovered as a result of regional reconnaissance RAB drilling in the early 1990’s. Mining commenced in June 1994 with 5,613,270 tonnes at 2.2g/t gold for 399,302 ounces of gold produced from three open pits, including 20,063 ounces mined from the Central open cut. Between May 1995 and the cessation of operations in early 2004, a further 1.8 million ounces (10,669,511 tonnes at 5.22g/t) was produced from the underground operations at Bronzewing.

View Resources acquired the Bronzewing mine from Newmont in mid 2004 and immediately set about a review of the remaining resource potential around the existing open pits, including the Central pit.

Geology

The weathering profile at Bronzewing  consists of a 10 to 40 metre thick cover of transported alluvium underlain by highly weathered mafic bedrock. Weathering extends to between 50 and 80 metres depth. An extensive supergene blanket of mineralisation occurs near the base of the cover. This blanket can be up to 10 metres thick , 150 metres wide and extends north south over a 600 metre length. A second zone of supergene mineralisation is developed up to 20 metres below this zone.

In addition to these subhorizontal blankets of mineralisation are zones of highly weathered rocks that contain steeply-dipping lode material that represents the oxidized expression of the lodes mined from underground. These weathered lodes represent the majority of the Central open pit resource.

Figure1. Central Pit Cutback Resource Section.

Bedrock gold mineralisation at Bronzewing is hosted within a series of quartz-veined structures occurring within a 400 metre-wide north-south trending shear corridor bounded to the west by the Bapinmarra Sill. Minerisation is hosted by metamorphosed and variably deformed mafic volcanic rocks and is associated with a proximal alteration assemblage comprising biotite-white mica(muscovite)-carbonate and sulphides (pyrite and pyrrhotite). The two main deposits, Central and Discovery have a pipe-like geometries with steep northerly plunges in the upper sections of each deposit and a more southerly plunges at depth. As developed from the recent work by SRK (refer to the exploration section of the website), the orientations of the main mineralized vein sets commonly reflect the attitude of pre-existing structures, such that the orientation of the major lodes changes with increasing depth to a predominant ENE or northeasterly direction. In the centre of the deposit, the main lodes are up to 400 metres long and 70 metres wide.

Mine Plan

Since acquiring the project from Newmont, View has completed a series of scoping and feasibility studies aimed at bringing Bronzewing back into production as soon as practical. These studies have concluded that a cutback of the Central pit is economically viable as part of a larger scale operation that includes production from higher grade sources such as the proposed Cockburn underground operation. Mining of the Central pit commenced in April 2007, based on a mining reserve of 2.38 million tonnes at 1.6g/t gold for 122,000 ounces.

A recently completed review of remnant ore positions within the underground portions of the Central and Discovery orebodies demonstrated that sufficient mineralisation above an underground economic cut-off existed to justify reopening the underground workings. An initial reserve of 30,000 ounces (399,000 tonnes at 2.4g/t gold) was defined at Discovery within a total remnant underground resource of 939,000 tonnes at 2.6g/t gold (78,000 ounces). As much of the underground infrastructure remains in place, these reserves are being progressively assessed during the early phases of the operation with mining concurrent with the cutback of the Central open pit. Based on the known resources, a minimum 12 month mine life is possible for the Bronzewing underground, providing an additional source of higher grade feed to complement lower grade open pit production from the Central and Cockburn open pits.

Figure 2. Discovery Underground mine showing remnant stope blocks (red).

Satellite Deposits

1 Venus

The Venus deposit is located 30km by road from the Bronzewing mill and contains the southern strike extensions of the Dragon deposit. Dragon was mined in the early to mid-1990’s by ARL and produced 42,000 ounces at 3.6g/t gold from a single open pit.  View acquired the Venus deposit and overlying tenements from Audax Resources in 2006. Audax retain a small royalty interest in the tenements. Following programmes of infill drilling, View mined a total of 213,000 tonnes at 2.5g/t from a small open cut at Venus. No reserves remain at Venus.

2 Success

The Success deposit is located 20km by road from the Bronzewing mill. The oxide portion of the deposit was previously mined by open pit by ARL in the mid 1990’s and produced 27,800 ounces of gold at 3.5g/t. A remnant resource totaling 37,000 ounces (589,000 tonees at 2.0g/t) exists beneath the current pit. A review of this resource indicated that 21,000 ounces of this resource could potentially be extracted through a cutback of the existing pit. Mining commenced in the December quarter 2007.

Geology

The mineralisation at Success occurs as a series of narrow lodes hosted within schistose felsic and mafic volcanics and metasedimentary rocks. The ore zones dips at a moderate angle to the east and are conformable with the enclosing strata. Mineralisation is commonly associated with a series of thin quartz veins with associated very fine-grained disseminated sulphides.

Mine Plan

Success is being developed as a small satellite open cut that will provides supplemental feed to the Bronzewing mill.