Third annual report EL 10216 and EL 10217 Solitaire Project, for year ending 26 September 2003

Abstract

During the third year, exploration efforts mainly focused on drilling the targets identified from the previous programs. It involved drilling of 55 aircore and 2 RAB drillholes for a total of 4459 m. A total of 1268 drillhole samples were assayed for gold and arsenic. These assays are characterised by runs of low levels values ranging from 2 to 4 ppb. These results are encouraging and company intends to review the data further.