March 2007

Posted on 31/03/2007

Highlights:

Africa

BOTSWANA - KIHABE ZINC PROJECT

Ravensgate, Minerals Industry Consultants compiled an initial resource on the Company's Kihabe Zinc Project in Botswana.

1,792 metres of diamond core drilling was completed during the quarter on the Kihabe Project.

Namibia - Tsumkwe Base Metals pROJECT

During the quarter the Company continued with ground geochemical sampling in Namibia, along strike from the Kihabe Zinc Project in Botswana.

Australia

Western Australia - telfer Gold Exploration

Negotiations continue towards a Joint Venture with various interested parties.

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