Astro Resources NL provided the following update at the Company's Needles Gold Project, located in Nevada USA. Astro has acquired a detailed dataset of historic drilling and surface exploration conducted by the former owner of the Needles Property, Taranis Resources Inc. for the period of 2002 to 2006, in addition to subsequent exploration undertaken in 2008 on behalf of another listed entity ("Dataset"). The Dataset was summarized in various public, Independent Technical Reports prepared to Canadian National Instrument 43-101, assessing the technical and economic potential of the Needles Property, which have been used by Astro to assist in the ongoing exploration program at Needles. One of the key parts of the Dataset is the drill hole information around the historic Arrowhead Mine and along the mineralized northwest trend that the mine lies within. Astro's independent geologists have briefly reviewed the Dataset and confirmed it to be comprehensive. It will now be examined and evaluated in detail over January and February by the Astro team, who will carry out their own evaluation of the Dataset, particularly the drilling logs, assays and surveys of individual drill holes to enhance the ongoing exploration program Astro is currently conducting at the Needles Project. The Astro Board considers that the acquisition of this Dataset and the information contained therein may potentially enable the Company to fast track its exploration strategy of the Needles Project. However, the final determination will only be arrived at once the Dataset has been fully examined and to the extent necessary, tested and validated. The cost to acquire the Dataset was $60,000, a significant discount when compared to the exploration costs incurred by the former owners of the property. For example, TRO's estimated exploration costs over the five year period (2002-2006) were approximately $600,000 with further significant expenditures incurred after that time.