Sixth annual report for the year ending 9 January 2003 and final report January 1997 to January 2003

Abstract

This report contain exploration details for the last year of tenure and refers for details to the previous annual reports on the licence area. Gold assays were generally disappointing with max value of 45 ppb and downgraded of the prospectivity of the tenement. However, two areas were targeted in the last year to follow-up on previous anomalous geochemistry. The best results obtained include 2m @70 ppb and 269 ppm As from 88m and 4m@ 30 ppb Au and 4 ppm As from 20 m. The anomalous results are interesting but the low tenor combined with depth of overburden and unfavourable host lithology warrants no further exploration.