As a Houston Rockets result UME has looked at a number

As a reveals houston rockets franchise result, UME basketball details has looked at a number of transactions though noneof these would, in management`s opinion, clearly lead to an increase inshareholder value. As the sector opens up for consolidation, however, managementcontinues to look at an accretive merger or acquisition 3 Houston Rockets tickets . Dispose of non gold assets: UME is in advance stages of discussions with adiamond exploration company to allow them to earn a majority interest on theCinco Rios diamond properties and expects to reach a definitive agreement in thenear future Houston Rockets – wikipedia . Results at Lascano continue to provide encouragement on thepotential of this system. Following the compilation of all data, the Companywill offer the project for joint venture in calendar 2009 4 Rockets tickets .

Maximize cash position and maintaining balance sheet strength: During 2Q 2009UME took the following measures:* implemented a company-wide cost cutting program, including a 20% reduction inthe workforce and a reduction in owner operator mining from seven to six daysper week houston rockets baby . Further cost reduction initiatives are being evaluated in the secondhalf of fiscal 2009; * refocused exploration expenditure with a reduction of $US1.25 million to $US3 Houston Rockets tickets – nba Rockets .9 million in the second half bulls rockets rockets.com . Future exploration will be focused on near minetargets, expenditure on non-gold projects including Lascano will be minimized,and new project generation will be restricted; and * further restrict capital expenditure and where possible sell non core assets nba.com – rockets .As a result, UME expects to close fiscal year 2009 with a cash balance in therange of $US 8 million to $US 10 million celtics rockets . The changes currently beingimplemented have been designed to achieve a more sustainable position for theCompany clutch rockets Houston Rockets . Summary of Exploration ResultsThe following table presents a description of key current prospects, targetstyles, work completed and results achieved during the first half of fiscal2009, along with work planned for the remainder of the fiscal year.

Description of Prospect Work Completed in 1H09 &Planned Work ConclusionsIsla Cristalina Belt: San Gregorio Near Mine Exploration Rincon de los Castillos District (“Rincon”Los Castillos target (7 km from Arenal) Los Castillos target or “Rincon District”) * Detailed geological mapping, soil sampling *District of 10 km by 5 km along strike toand IP geophysical surveys were completed Permits are in place and drilling to the east-southeast of the Arenal mine has during the quarter commence in January . the potential to deliver a bulk resource* Rock chip sampling has defined over one * Initial 2000 meter RC drill program.and/or high grade vein deposits.kilometer of anomalous gold mineralization with rock chip results up to 48g/t Rockets tickets – nba .* Interpreted as the south-eastwardcontinuation of the Arenal structural system* IP surveys to date have defined chargeability and resistivity anomaliesinterpreted to be zones of silicificationwith associated pyrite mineralization clutchfans . Rincon District (cont.) Rincon District Rincon District * Mapping and sampling have identified* Detailed mapping, sampling and geophysicaladditional prospective areas to the north IP surveys will continue to refine and northeast of the Los Castillos target additional targets in anticipation ofzone clutchfans rockets . drilling during the second half of fiscal2009.Peru & Esperanza Trend* Detailed mapping and rock chip sampling in * The remainder of the trend to the west is 1Q09 defined the general structural trend of expected to be drilled in the second half ofIdentification of high grade vein resources the Peru-Esperanza district.fiscal 2009 (Minas de Corrales & Picafloralong 4 km trend 3g/t), vein resources . * Encouraging results were reported such as3 m at 4.86g/t Au from 26 meters in hole PRRCO27. Arenal Deeps* Fifteen diamond drill holes were completed * An independent resource estimate will beduring the first half of fiscal 2009 completed by March 2009.

Funds are allocated in the form of grants and loans rangingfrom ?3 million to ?10 million Eighteen such projects received ISI funding in2008. Earlier that day, the Knicks also traded Malik Rose to the Oklahoma City Thunder for center Chris Wilcox.New York got the better end of the deal in both cases.Rose, James, and Roberson weren’t in Coach D’Antoni’s rotation, so the Knicks’ bench only stands to gain from the addition of Wilcox Hughes might just jump right into the starting five. WorkdayHuman Capital Management and Workday Financial Management use the mostmodern, standards-based technologies to provide an unparalleled level ofagility, ease-of-use, and integration capability. Companies can opt to pay 2 percent to secure a government guarantee of funds they are owed. We also missed three lay-ups in this stretch and three wide-open three-pointers.I think the lack of bench scoring is starting to hurt us. Industry spokesman and IDX Capital CEO Jamie Cawley wrote theletter and commented “we have been an outspoken proponent of regulatoryoversight and execution transparency since our founding in 2006.