Reserves of 103,000 ounces gold annouced for Central Pit and low grade stock piles at Bronzewing.

Mincor commence drilling at Carnilya Hill in April under the JV Farm-in Agreement

AMP become major share holder

Exploration farm-in with Mincor at Carnilya Hill

Successfully completed the $7.58m Rights Issue

Completed the Bronzewing acquisition with final payment to Newmont

2nd Quarter

$1.16 m profit realised from Gold Book

Purchase of Jundee JV adn Mandilla Well JV

Record production from Carnilys Hill project - 18,113@2.53% Ni - 458 Ni tonnes

Gold exploration sucesss at Bronzewing including 7 metres @7.36 g/t and 8 metres @ 5.26 g/t

Drilling Sucess at Zone 29 and Carnilya Hill nickel mines.

Stage 1 Zone 29 Development complete.

Lion Selection Group joins Share Register.

Record nickel production from Zone 29 total production figure of 7,963 tonnes @ 3.34% Ni.

Capital Raising $6m

Announce Bronzewing Resource

Purchase Bronzewing for $9 million

Capital Raising for $1.2 million

Commence Mining - Zone 29

Commence Mining - Carnilya Hill

Increase in Zone 29 Resources - 60%

Capital Raising - $6.5m

Increase in Carnilya Hill Resources

Increase in Zone 29 Resources - 40%

Purchase Kambalda Mines NL

Purchase Carnilya Hill Tenements