7 The Feasibility Study for the Einasleigh Project has now been initiated with metallurgical work, drilling, permitting and environmental work in full swing.
7 At the Einasleigh Copper Mine prospect, drilling has recommenced after a two month break. The current hole, END34, is testing for high grade mineralisation north of the breccia fault.
7 At the Chloe zinc prospect located 20 kilometres SW of Einasleigh, an eight hole programme is scheduled to start at the conclusion of the Einasleigh programme. Previous wide-spaced drill holes intersected large thicknesses (15.6m @ 5.9% zinc, 2.0% lead & 41g/t silver) and high grades (2.0m @ 8.0% zinc, 8.0% lead & 384g/t silver) of mineralisation.
Tom Eadie Managing Director
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