DANIEL KIMBERLITE

The drilling of Falcon® targets has re-commenced after a short break during May. The number of targets identified for drilling has increased after additional reviews of data. The first phase now entails drilling approximately 31 Falcon® targets located on granted Prospecting Rights. Eighteen of these targets have now been drilled. Some of the remaining accessible targets are located in close proximity to known kimberlites.

Released an update of their activities. Following the discovery of kimberlites A1, A2 and A95 during the Q4 2005, the BHP Billiton Falcon® data was reviewed, resulting in a reassessment of all of the previously identified targets. A drilling program was underway intending to test 20 Falcon® targets. A small bulk sampling program designed to determine whether the kimberlite A95 is diamondiferous has been completed. Four small diamonds were recovered weighing a total 0.14cts proving that the kimberlite is diamondiferous, but giving no indication of the grade.

Tawana and BHP released an update of their exploration activities at the Daniel Kimberlite project, South Africa. Following the discovery of kimberlites A1, A2 and A95 during the Q4 2005, the BHP Billiton Falcon® data was reviewed, resulting in a reassessment of all of the previously identified targets. A drilling program was underway intending to test 20 Falcon® targets. A small bulk sampling program designed to determine whether the kimberlite A95 is diamondiferous has been completed. Four small diamonds were recovered weighing a total 0.14cts proving that the kimberlite is diamondiferous, but giving no indication of the grade.