good report...

things are on track....
Cluff Resources Pacific NL
ABN 72 002 261 565
Registered Office Postal Address Tele-Communications
1/30 Leighton Place Locked Bag 3355 Tel (612)9482 4655
Hornsby NSW 2077 Hornsby NSW 2077 Fax (612) 9482 4987
Australia Australia Internet www.cluff.com.au
25th November, 2003
The Manager (Companies),
Australian Stock Exchange,
Sydney.
Dear Sir,
GLOUCESTER RUBY PROJECT – 21,973 CARATS OF UNCUT RUBY
FROM SECTIONS 6/7, 10 and 11/12
Processing of 265 tonnes of ruby bearing clayey gravels from Section 6/7, Strip 2 (65 to 30 metres
from the river end of the pit) yielded a total of 6.901 carats of uncut ruby: 4,432 carats of facet quality
and 2,469 carats of cabachon quality. This represents a grade of 12.36 carats per tonne saleable to CPH
Limited. Wash thickness ranged from 0.5 to 1.1 metres, and overburden thickness ranged from 1.7 to
2.35 metres.
395 tonnes of gravels were processed from Section 10, yielding a total of 3,858 carats of uncut ruby:
2,686 carats of facet quality and 1,172 carats of cabachon quality. The resultant grade was 9.77 carats
per tonne. Wash thickness ranged from 1.3 to 2.3 metres and overburden thickness averaged 1.4
metres.
Concentrate production from Sections 11 and 12 was combined during processing, and the 848 tonnes
of gravels yielded 18,046 carats of uncut ruby. This consisted of 11,541 carats of facet quality ruby and
6,505 carats of cabachon quality. The gravel thickness for Section 11 was 0.7 metres, while in Section
12 the thickness ranged between 0,8 and 2.1 metres. Overburden thickness ranged from 0 to 1.0 metres.
Mining continues at the ruby project, with ruby-bearing gravels from Strip 4 now being excavated and
processed. To date, over 5,500 tonnes of gravels have been processed, and recorded production of ruby
rough is over 77,700 carats. The pit sections diagram below shows the extent of these workings.
Payment of $14,038 has been received from CPH Limited with respect to production from the third
week of operations at the ruby project, and a third shipment containing 30,722 carats of uncut ruby has
been dispatched to CPH Limited for downstream processing and marketing.
CLUFF RESOURCES PACIFIC NL - RUBY PIT SECTIONS AND GRADE
Section No. Location
(from river end of pit)
Tonnes
mined
Total
carats
Grade
(carats/tonne)
Totals previously mined and announced: 2,667 48,898 18.33 average
6/7 Strip 2, 65 - 30 metres 558 6,901 12.36
10 Strip 3, 110 - 90 metres 395 3,858 9.77
11/12 11: Strip 3, 90 - 75 metres
12 : Strip 2, 11-0 metres and
Strip 3, 0 - 28 metres
848 18,046 21.28
TOTALS PROCESSED TO DATE: 4,468 77,703 17.39 average
Other sections mined and awaiting processing: 1,461
TOTALS RECORDED TO DATE: 5,929 tonnes mined