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Agreements

Western Areas

18/02/03

Company has completed the required project expenditure of $1.92m to earn a 75% interest in the Forrestania joint venture. The JV interest includes rights to all metals excluding gold and silver.

Kanowna Lights Ltd

24/02/03

Has announced withdrawal from Mt Carrington acquisition from Virotec after re-evaluating resource.

Matrix Metals Limited

20/02/03

An Indigenous Land Use Agreement between Matrix and the Kalkadoon People  was registered and is now in force and fully operative.

Amalgamated Resources Ltd

19/02/03

Has executed an agreement with OMG Cawse Pty Ltd for the sale and processing of the Company's stockpile of approximately 23,000 tonnes of high and medium grade nickel-cobalt oxide ore located at Spargoville.  OMGC is responsible for the removal, crushing and transport of the material from Spargoville to the Cawse treatment plant.

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