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## IDENTIFIED MINERAL RESOURCES & MINING RESERVE ESTIMATES 

## IDENTIFIED MINERAL RESOURCE – CONSOLIDATED AS AT 30 JUNE 2011 

## TIN DIVISION 

<img src='content_image/272823.jpg'>

## NICKEL DIVISION 

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 * Approximately 50% of the Claude Hills Resource is located within EL4751 and the remainder within the Mt Davies JV lease EL3932. 

