EL 22537 Box Hole Base Metal Project Annual technical report

Abstract

Work conducted during the reporting period included a review by MTV experts CSA Global. CSA concluded that previous work has focused on testing close to outcropping mineralisation, and has not tested significant areas of this shallow stratigraphy close to potential feeder zones. In addition, significant target positions are likely to exist at deeper stratigraphic levels and are only tested by extremely limited deeper diamond drilling. The known mineralisation may represent leakage from a more substantial mineralising system at depth, in host rocks more favourable than the mixed carbonates and clastics at shallow depths. Included in CSA?s recommendations of further work is a wider coverage of soil sampling, RAB and diamond drilling. A soil sampling program is planned for the 2011 field season.