Final and Annual Report EL 8602 Black Cat from 24 July 2000 to 3 January 2012

Abstract

EL 8602 is considered to be prospective for at least two types of gold mineralisation the Tanami style (structurally controlled vein hosted mineralisation) and the Twin Bonanza style (intrusive related gold mineralisation). Over the 11.5 years of tenure exploration was completed by OGNL, ATH and ABM. It included drilling and surface sampling programs. No on-ground exploration was conducted during the last year of term. The maximum over all assay result from the surface sampling was 0.932ppm Au from a rock chip sample (sample ID BC_655951). The maximum soil sample assay result was 0.0333 ppm Au from sample 1006713. The drilling returned several significant intersections. The overall best intersection was 12m at 1.05g/t Au encountered BCRB 032 at 18-31m.