March 31, 2006
The Company completed its initial evaluation work and sample programme on the Gango Project. Permit endorsement for the commencement of a technical work programme has been obtained from the Barangay Council, the Municipal Council and the Provincial Governor of Bukidnon. The permit is now with the Mines and Geosciences Bureau (MGB) in Manila for final approval which will enable the Company to
commence with an underground bulk sampling and processing operation.