content_image/81507.jpg
## NOTE 40 - CONTINGENT ASSETS 

(a) Challenger/Dominion royalty 

Resolute will receive A$20 per ounce for every ounce of gold in excess of 100,000 ounces of production in relation to the Challenger project in the Gawler Craton region in South Australia. As announced by the owner of the project Dominion Mining Limited, as at 30 June 2004 a total of 98,736 ounces of gold have been produced from the project. 

## NOTE 41 - EARNINGS PER SHARE 

<img src='content_image/81507.jpg'>

