May 1, 2006

DAVID ABBOTT AWARDED

 HONORARY MEMBERSHIP BY

THE AMERICAN INSTITUTE OF

 PROFESSIONAL GEOLOGISTS

David M. Abbott, Jr.

Ammonite Senior Consultant David Abbott has been awarded Honorary Membership by the American Institute of Professional Geologists (AIPG).  Honorary membership is awarded by AIPG to those who have an exemplary record of distinguished service to the geological profession and to the Institute.  David, a resident of Denver, Colorado is well-known for his papers and lectures on professional ethics. Since 1995 he has authored a column titled “Professional Ethics & Practices” in The Professional Geologist publication of AIPG. Prior to becoming a consultant in 1996, Abbott worked 21 years as a geologist for the U.S. Securities and Exchange Commission, where his primary responsibility was to verify the geotechnical representations made in mining and petroleum company public securities offerings and other disclosures. He was a member of the SME’s Reserves and Resources committee that prepared the 1991 and 1999 versions of A Guide for Reporting Exploration Information, Mineral Resources, and Mineral Reserves.  David is Ammonite’s principal mining expert.  We congratulate him on this prestigious professional recognition.