SPI spitfire materials ltd

Young, Biddle & Hardwick ran the meeting - Melbourne directors...

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    Young, Biddle & Hardwick ran the meeting - Melbourne directors not attending.

    From the presentation:

    13 holes drilled (Aphrodite) to depths from 450-600m. First 4 holes assays expected in about 2 weeks. All visual indications so far look OK. They hope the result will be moving some of the Inferred resource to Indicated - and eventually a decision to proceed to do a DFS by June.

    Other projects are being delayed by the difficulty in securing drilling teams while general overall exploration activity is increasing.
 
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