Annual Report for the Mt Frederick Project for the calendar year 1999

Abstract

This report details exploration activity during the reporting period including rock chip sampling, RAB/ Aircore drilling and ground magnetics. Drilling, lag and rock chip sampling was completed only over four leases (EL 8301, 8796, 8977 and 8797). Surface sampling tested arsenic anomalies at Hercules and at Venus/Aphrodite Prospects. The anomalies remain open to the north and to the south. At Zeus Prospect a low order gold/base metal anomaly was tested and it was confirmed that anomaly remains open to the west. The drilling facilitated a broad assessment of the area regolith and bedrock geology.