Ann: More Copper,Tungsten Mineralisation at Allam, page-2

re: Ann: More Copper,Tungsten Mineralisation ... Affirms my view this is the one all of the resources of the company should be directed. The wet season is upon us and so I think that's all the drill results we are going to get before say June.

That should give management plenty of time to focus on drumming up a deal for Red Bore that reflects it's full economic potential as well as freeing up cash for the company to have a real crack at Allamber mid-year.

It's going to take deep pockets to really do justice to Allamber and I'm hoping the company can attract a JV partner or overseas investor as a cornerstone investor to assists with funding.


My highlights from the report:

Nipper: Wide zones of copper-tungsten mineralisation at Nipper. Confirms the potential for skarn-replacement style of mineralisation

Catfish: A strong magnetic feature is present to the west which requires further field investigation as part of planning for future drilling

Hattrick: A deeper diamond drill hole is contemplated to test the orientation of the vein system and to test for evidence of a deeper intrusive / porphyritic model as the source of the metal. If successful, the next stage would be a program of deep drilling to evaluate the possibility of the potential for a large tonnage, low grade porphyry host of copper mineralisation.

Ox-Eyed Herring: The results confirm the presence of a continuous zone of breccia-hosted sulphide mineralisation. The current interpretation suggests that the zone could extend over a strike length of at least 700m and down dip for at least 300m.