Exploration licence 9408 'Gum Ridge West', fifth annual report 4 January 2000 to 3 January 2001

Abstract

Work included research on structural and timing controls on Au-Cu-Bi mineralisation. One rock chip sample was collected and assayed for gold copper, bismuth and iron. The values were <0.01 ppm Au, 6 ppm Cu, < 5 ppm Bi and 2.66 % Fe. Magnetic targets modeling and investigating four previously identified geophysical anomalies of the Western Moon prospect has provide a reasonable indication of the size, susceptibilities and depth to the surface. Further work is required over the Western Moon anomalies.