Ann: More large-scale Gold Anomalies at Kraaipan, page-6

EXPLORATION RESULTS KB01 and KB05 • KB01 and KB05 are two of the high priority EM targets identified from the historic VTEM survey. • KB01 and KB05 are both associated with anomalous gold zones. • KB01 and KB05 are also associated of zones of decreased magnetisation within the overall relatively high magnetic anomaly. • Could indicate that BIF rocks have been subjected to magnetite destruction via pyrrhotite/pyrite alteration associated with gold mineralisation (i.e. Hill 50, Westralia, Bounty). • As the highest priority targets defined so far, these two targets will be drilled first. to be drilled in november/december