The JORC Code

THE 2004 AUSTRALASIAN CODE FOR REPORTING EXPLORATION RESULTS, MINERAL RESOURCES AND ORE RESERVES (THE JORC CODE). Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves ~ The JORC Code 2004 Edition ~. Appended to this document, at pages 22-32, are extracts relevant to the JORC Code from four Australian Securities Exchange Companies Updates: 03/08, 11/07, 03/07, 05/04. These Updates, issued subsequent to publication of the Code, are important guides in the clarification and interpretation of the Code and should be read in conjunction with it. Effective December 2004. Prepared by: The Joint Ore Reserves Committee of The Australasian Institute of Mining and Metallurgy, Australian Institute of Geoscientists and Note: Code is in normal typeface, guidelines are in indented italics, definitions are in bold. Minerals Council of Australia (JORC).

Note: Code is in normal typeface, guidelines are in indented italics, definitions are in bold. THE 2004 AUSTRALASIAN CODE FOR REPORTING EXPLORATION RESULTS, MINERAL RESOURCES AND ORE RESERVES (THE JORC CODE)

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