EL 27243 Mallee Bore Year 2 Annual report for the period 6 November 2010 to 5 November 2011

Abstract

Work completed during the reporting period included; interpretation of VTEM survey and identification of anomalies; and aircore drill testing over three VTEM anomalies (23 holes for 484.5m). The drilling identified a number of mafic bodies under thin sand cover proximal to the VTEM targets. These mafics have elevated copper values over 100ppm which in this area are anomalous. Further work will include re-assaying of selected pulps using a total digest for base metal and an analysis for PGEs as well as further geophysics and drilling if warranted.