GREENWING RESOURCES LTD — Fund Information / Factsheet 2007

May 24, 2007

LANKED
JPRN FIT

WAS MEENT SOME Earchachtaneach Eilea

OMajomania e aliseto región al strugtire the heaty fault with MARINE MERRI VOIGANAS Eitherstole,

Shirdurally controlled vein and lode style infrieral salion extending over e.4km. Defined by historic workings.

TENEMENT LOCATION

pas

Bass Metals - Tasmanlah Commitment/Focus

Film and the second contract of the second second second second second second second second second second seco

MAS MERIA AT LA

• 1 1^st half of FY 2007 \$2.0M exploration spend.
• $2.7$ FY 2007 forecast $-$ \$4.0M
• (Excitaing OR mine development costs)
• 1. Investment to date \$6.5M

Pagole à Resource Investment

• 1. 4 Tasmanian based geologists- objects for anone
• 1. 3 Field technicians locating fait more
• 1. 2 Drill rics fulltime-peaking at 4 rics (May to June)