Seventh annual report for exploration on EL 7543 - Burnside for the period 19 December 1997 to 18 December 1998

Abstract

CR 08.10013 Gridding was completed and 228 soil samples were collected at the Medusa and Lymberover prospects. The results at Medusa was disappointing with low anomalism obtained, the highest result was 23ppb Au. The soil sampling at Lymberover was an infill program and confirmed a linear anomaly extending for 500m with values to 340ppb Au and is within a dolerite host. A detailed aeromagnetic survey was completed and seven gravity readings were collected. 10 RC holes were drilled at Medusa with all holes obtaining anomalous results, the better intercept was 7m@1.23g/t Au. 3 RC holes were drilled at North Brittanica prospect, results were low with the better intercept being 1m@0.39g/t Au. 10.9 line km gridding