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Last Updated: 01/05/2012

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March 2012 Quarterly Report
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Secured Convertible Note Debt Repaid
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Completion of Small Parcel Program
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Financial Report for the Half-Year ended 31 December 2011

Tasmania Mine Exploration Update

Tasmania Mine Exploration Update April 2010

Drilling outlines new zone of high grade mineralisation (12.8m at 8.8g/t gold including 4.3m at 16.0g/t)

The new zone will add to Reserves with no additional capital development required for access

Scoping study commences on previously unexploited stockwork mineralisation along the western edge of the Tasmania Reef that also has the potential to significantly increase Reserves