::::::::::::::::: OXUS GOLD 2005 :::::::::::::::::

chip,

Not sure why they don't count Amantaytau underground as the third mine as it is a major project with new BIOX plant etc.

Kernot also confirms the impression about Eurogold assets - namely, nothing wrong with them but they became too pricey with the increase in the OXS shareprice following the deal.

From day 1, Trew has always said that OXS is sitting on an enormous gold resource in its licences in Uzbekistan. My expectation is that in 2006 OXS will start to discover more of it - reference the new section in the AR on exploration and grade control.