MAIN POINTS
· Independent resource consultants, Hellman & Schofield Pty Ltd (H&S), have updated the Inferred Resource estimate for the Anthony molybdenum (Mo) deposit
· New drilling data from outside the high grade zone strengthens the Anthony resource estimate
· The Inferred Resource for the primary (sulphide) zone stands at 103 million lb contained Mo at a 400 ppm Mo cut-off grade
· H&S estimates that 70 - 80% of the Inferred Resource will eventually report to Indicated and Measured resource categories
· Further deeper diamond drilling underway
