Annual technical report SEL 25429 Jervois, year ending 1 February 2008

Abstract

Reward currently holds tenure over the historic Jervois Mine area (Marshall-Reward to Bellbird), as well as over a large tract of similar geology which is less well understood. On the basis of the known geology this outer area could well host a large base metal deposit. Two separate RC/Diamond drilling programs totalling 21 holes for 2501 metres were completed, testing 4 main areas the historic mining centres at Bellbird (8 holes), Reward (7 holes), Killeen (3 holes) and Cox's Find (2 holes). It is hoped that work carried out in the mineralised zone between Marshall-Reward and Bellbird will lead to an economic discovery in that vicinity, but it may also provide a key to exploration within the broader area currently held as exploration licence SEL 25429. Current drilling at the Marshall-Reward and Bellbird prospects is providing new information regarding the lithological and metamorphic setting of the mineralisation and its structural geometry all of which can be applied to SEL 25429.