Recent programs of reverse circulation and diamond drilling by the WDJV were designed to:

• provide grade control information in the White Dam (Hannaford) pit
• test the extent of sulphide mineralisation below the pit floor
• consolidate resources at the Vertigo prospect
• establish potentially economic mineralisation at the other peripheral prospect areas
• collect core samples for metallurgical testing at White Dam and Vertigo
• collect geotechnical information at Vertigo to facilitate open pit design
• provide additional process water resources.

If economic, the WDJV would develop the Vertigo resource following completion of mining at White Dam. The WDJV also intends to progressively explore other near-mine and regional prospects. The planned WDJV exploration program for 2011 involves:

• final infill drilling at Vertigo;
• delineation and definition drilling at the peripheral prospect areas
• geochemical surveys and scout drilling at the more remote prospect areas
• preliminary investigation of the iron ore potential of the Braemar Formation that passes through the southern tenement area and which has been the subject of considerable interest by other companies in the general area.

Exploration of further near-mine prospects including White Dam North will be completed during 2011.