View of the Ana East and Batı Zones from the north-western part of the Inlice licence area.

Ana East hill viewed from south

Silica ledge at west end of Ana East

The team with consultants Stuart Redwood (left) and Dick Sillitoe (third from left) at Ana East

West end of Ana East, looking across the Gap Zone towards Ana West

Channel sampling of Ana East

The Mayor of Inlice and local townspeople meet with the Stratex team and the drilling contractors at Ana East, March 2006

First drill hole March 2006 into prominent silica ridge, Ana East

Drilling into the downward extension of the silicified rocks that form the craggy western end of Ana East

Targeting the western end of the Ana East Zone, looking north.

Extraction of core from barrel

Permanent record of drill hole site

Stockwork veining and alteration- Merkez Zone

Quartz veinlets in silicified dacite porphyry

Seckin Kilic sampling silica ledge

Silica ledge at Doğanbey, with Erenkilit volcanic centre in the distance (to the south)

Stream sediment geochemical sampling undertaken at Doğanbey by Teck Cominco

Sample collection at alunite outcrop, south of Doğanbey

Drilling the first hole at Doğanbey

Removing core from core barrel at Doğanbey

North flanks of Erenkilit volcanic centre viewed from Doganbey

Erenkilit Volcanic Centre from south-west

Panoramic view of Gavur Golu alteration zone

South-west end of silica canyon- massive silica ledges within Oglaçki alteration zone

Mineralized outcrop

On-site strategy meeting near the Camliktepe adit

Discussing the newly discovered Orta Zone

Stream exposure of Orta Zone

David Hall inspects rock sample at Kayatepe

Sphalerite and galena in quartz vein, Kayatepe

Oxidized vuggy silica, Camliktepe Zone

Mineralized breccia in drill core from Extension Ridge- intermediate- sulphidation mineralization (cm-scale)

Drilling at Muratdere, June 2007

Mineralized porphyry in the drill core

Drilling of first hole at Karağaac, July 2006

Silicified limestone

Oxidized ferruginous limestone

Looking south from Hasançelebi across silica-clay zone

Silica zones near Obuz village- 57 ppb Au

Vuggy silica south of Koylu

Breccias at the western edge of Koylu

Visitors and team in front of silica ledge, Ana East

Investor presentation at Ana East

David Hall (Executive Chairman) and Bahri Yildiz at the silica ridge, Ana East

The team at Ana East. From left: Osman Kurtulus, Bahri Yildiz, Nasuh Aydin, Claire Palmer and Daniel James

Bahri Yildiz and Teck Cominco Madencilik’s GM Tayfun Cerrah (right) and project geologist Bariş Yildirim (left), meet the mayor of Inlice, Sevket Yuca

Inspection of core samples at the field office, Inlice

Dominic Mercer, Mining Journal, discusses drill core at Inlice with Hugo de Salis, St. Brides Media & Finance Ltd while Jackie Steinitz, of Resource Investor, inspects a core sample