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Forward Looking Statements

This release contains forward looking statements. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. These forward-looking statements are subject to a number of risks and uncertainties including, without limitation, variations in estimated costs, the failure to discover or recover economic grades of minerals, and the inability to raise the funds necessary, changes in external market factors including commodity prices, and other risks and uncertainties. Actual results could differ materially from the results referred to in the forward-looking statements.

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Dr. Vladan Milosevic

Since 1997, Dr. Milosevic has held the position of Department Chief for Mineral Processing, at the "Institute for Technology of Nuclear and Other Mineral Raw Materials" located in Belgrade, Serbia. Dr. Milosevic has successfully served as Project Manager on numerous commercial mining projects in Serbia including: the reconstruction of the Veliki Krivelj Floatation Plant to increase capacity to 10,000,000 tonnes of ore per year; increasing the copper recovery from the Cerovo, Cementacija 1- South deposit; and processing optimization of the Tenka 3, Majdanpek Copper Mine.

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