Bridging report to cover exploration activities over MCC 907 - 910, 912 and 913 01 January 1997 to 30 November 2007

Abstract

Mineral Claims 907 - 910, 912 & 913, Troy, were acquired by Giants Reef Exploration Ltd (Giants Reef) to search for Tennant Creek style iron oxide copper-gold deposits. This bridging report records the exploration work done on this group of tenure during the term 01 January 1997 to 30 November 2007. Consultant geologist Belinda Smith translated and validated historical drilling and loaded data into MicroMine. Geophysical models were created using previous downhole magnetometry and aeromagnetic data which was subsequently loaded into MicroMine (1998 - 1999). Identification of the untested Delphi Magnetic Target - 415600mE 7865250mN (1999). One Diamond drill hole TYRD-003 was drilled by Giants Reef to a final depth of 591m, during 2000.