GR025/12 MCS13 - S28, MLS 10, S16, S17, S23, S51-S57, S61, S62, S90 Jervois Project Annual Report for the reporting period 1 January 2012 to 31 December 2012

Abstract

A substantial Diamond and Reverse Circulation drilling program was undertaken on the Mineral Claims and Minerals Leases on the Jervois Project. A total of 13,643.3 metres of drilling was undertaken to define resource extensions, upgrade the resource status and to supply samples for metallurgical testing. Definitive Feasibility Studies are on-going on the Jervois Project. Included in this annual report are studies relating to the potential startup of mining. Metallurgical studies are on-going and although progress reports have been submitted to Kentor Gold management, a final report will not be available until 2013/2014. As final reports are submitted they will be included in annual tenement reporting. Future work on the MC's and ML's as outlined in the expenditure report summary will be focused on developing the resource and production model.