EL 25643 Mt Isabel and EL 25653 Acacia Bore Sammy JV Project Group technical reporting status Annual technical report for the period 20 August 2012 to 19 August 2013

Abstract

Work completed over the tenement area during the reporting period included; 76 rock chip samples; Geological mapping; 612 soil samples; 24 line km of gradient array IP and 1.2km of dipole-dipole IP; 2 diamond drill holes; and 2 reverse circulation holes. Geological mapping on EL 25643 continued to identify extensively altered basement granites and metasedimentary rock types containing primary and secondary copper mineralisation, consistent with an IOCG mineralising system. Further mineralisation - alteration was identified at the Ivana and the South East Copper Occurrence Prospects. Key drill results included: MIRC-008: 14m at 0.34 percent Cu, 1.26g-T Ag and 0.04 g-T Au from 18m and MIRC-012: 10m at 0.34 percent Cu from 10m.