Resource Table

 Etango Project – Updated Mineral Resource Estimate – March 2010 

Uniform Conditioning (“UC”) Method

Note:  Figures may not add due to rounding; bulk density of 2.64t/m³; Uniform Conditioning estimate; Panel dimensions of 50mNS x 25mEW x 10mRL and SMU dimensions of 12.5mNS x 12.5mEW x 5mRL with Information Effect.

The information in this release relating to the Mineral Resources of the Etango Project is based on a resource estimate completed by Mr Neil Inwood and Mr Brian Wolfe who are full time employees of Coffey Mining Pty Ltd.  Each of Messrs. Inwood and Wolfe are Members of The Australasian Institute of Mining and Metallurgy and have sufficient experience relevant to the style of mineralisation and types of deposits under consideration and to the activity which is being undertaken to qualify as a Competent Person as defined in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”, and are independent consultants to Bannerman and Qualified Persons as defined by Canadian National Instrument 43-101.  Messrs. Inwood and Wolfe consent to the inclusion in this release of the matters based on their information in the form and context in which it appears.