Annual report for EL 9569 and EL 9602, October 1999 to October 2000

Abstract

The report details exploration during the reporting period including soil sampling and drilling programs. One posthole was drilled within El 9569 and results were disappointing. Ten RAB holes were drilled within EL9602 targeting then highest priority anomalism generated from the completed soil-sampling program. The area remains prospective despite the fact that no economic mineralisation was intercepted during the drilling phase. Several zones of anomalism were intersected (values were between 0.02 ppm Au and 0.09 ppm Au). Further work is planned.