November 2, 2006
Announced the results of its first stage exploration program on its 100% owned Muntele Rotund property, Romania. Highlights include: initial rock sampling survey yielded mineralization up to 19.3 g/t Au, 10.2 % Cu and 44 g/t Ag; and soil sampling survey outlined a geochemical Zn-Au-Ag+Pb anomaly, defining the Martin Hill prospect.