26th October 2006
Dear Sir
REMOVAL OF HOLDING LOCK ON 250,000 ORDINARY SHARES
I refer to the 250,000 ordinary shares issued for the acquisition of the Duplex Hill Project on 28 October 2004 that were subject to a 12 month holding lock.
The Company advises that the voluntary holding lock will be removed today and the shares are now able to be traded.
Yours faithfully
Brett Young
Chief Operating Officer