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Australian Gold Price: 1359.43         Date: September 9, 2010

Burnakura Gold Mine

 Burnakura 43-101 Technical Report

Located in the West Yilgarn goldfields of Western Australia, the Burnakura Gold Mine consists of 58.8 square km of mining leases and prospecting licenses, a fully permitted 160,000 tonne per annum (440 tpd) CIL gold plant, rolling stock, underground equipment, workshops, office space and a 90 man camp.  The project covers 12km of prospective strike length along a major auriferous shear zone and mesothermal gold system.  Historic production on the project focused on lower grade surface oxides, which had been historically mined from 15 open pits stretching along the entire 12 km of strike length.

Drill results to date have shown significant potential exists to expand high grade underground resources on the property.

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