Exploration Licence 24250 Coronet Hill 2nd annual report year ending 17 November 2006

Abstract

This EL is held by Anthony Wright (Peartree Resources). This is the second year of tenure. The area is considered prospective for tin and vein-style Cu-Pb-Zn-Ag. EL 24250 contains the base metal occurrences at Davis. The topographic feature of Coronet Hill is on EL 24250 and the historic workings of the same name are just outside the licence. Most previous work has focused on Coronet Hill prospect. Peartree Resources undertook a reconnaissance field trip. Access is impeded by boulders and long grass. The proposed drilling program was postponed until surface geochemical studies are undertaken. Exploration will continue to focus along the Coronet Fault.