EL 28567 Running Creek Annual technical report for period 24 October 2012 to 23 October 2013

Abstract

This second Annual Technical Report for EL 28567 covers work carried out during the twelve month period from 24 October 2012 to 23 October 2013. No field based work was carried out during the reporting period, largely so that a thorough review by JV partner Auminco could take place, culminating in a Independent Geologists Report. While this outlined a scenario of being able to define copper resources with further drilling, these would likely be small, as is the habit of the breccia pipes of the istrict. The exploration programme recommended for the upcoming reporting period within EL 28567 will include the following: Ground traversing of anomalies presented in geochemistry and follow up anomalous copper and uranium from rockchip samples. This is likely to include soil sampling and rock chip sampling; Broadening of existing soil sampling grid; Compile GIS of geological and topographic data; and Planning future drilling targets.