February 2012

JV partners Thai Goldfields and Tigers Realm Minerals announced a maiden Chatree District inferred resource on its exploration title of 100,000 ounces gold @1.1g/t and 1,000,000 ounces silver @13.0g/t using a gold cut-off grade of 0.4 g/t.

The inferred JORC (2004) compliant resource is based on a cut-off grade of 0.4g/t gold for;

2,935,000 tonnes containing 102,000ozs gold at 1.1g/t and 965,000ozs silver at 10g/t.

The inferred resource lies within 2.5km of Kingsgates’ Chatree Gold Mine which processed its one millionth ounce of gold in July 2010.