Ann: Western Australian Exploration Update, page-36

Rigs due to be onsite now and Assays due any day:
Ann 16 June.
Activity/newsflow due to ramp up now.



• Extensive soil geochemistry surveys testing for gold and base metals have been completed over the Company’s Pilbara tenements with samples at the laboratory awaiting assaying.

• Gold nuggets discovered at surface at the Bellary Project, located about 20km from Paraburdoo, coinciding with a prospective regional structure and covered by the surface geochemical sampling survey.

• Heritage work program clearance completed at the Grace Project, located 25km southeast of the world-class Telfer gold-copper deposit, ahead of the Company’s upcoming Phase 2 drilling program.

• MMI soil geochemical survey completed over the Smoke Rings target, 25km south of the Grace prospect.

• Up to 8,000m reverse circulation drilling planned to extend gold-copper mineralisation along the Grace-Bemm shear zone, as well as testing multiple under-explored nearby targets sited on prospective structural trends. Drilling set to commence in July this year.