Forum Archive Index - April 2004

["Lazy Haggis" <lazyhaggis@hotmail.com>]

Latest April 04 Aegis Equities Comments

BRW will maintain a 30% Net Profit interest in the Eloise Copper Mine 
following its sale, upon recoupment of the sale price of $14.8M by the 
purchaser, Barminco. Feasibility is nearing completion for mining the 5A 
Nickel Project, containing over 1,000t nickel in resource and conceptual 
mine planning of 5B has begun.

The company is likely soon to become a nickel producer from the 5A Nickel 
Project and gold production also appears to be getting closer at the Vivien 
deposit. Significant high grade nickel and gold drill results at 5B have 
made it necessary to revise the resource model of the deposit with high 
expectations of an upgrade. BRW's equity share of gold resources has 
increased this year to 646.4Koz, including Bannockburn and Miranda.

Lazy Haggis.

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