assays coming end of march, page-3

Extract from the announcement below:

1)They are preparing for a drilling program after the wet season ends. So the 5,000m program has not commenced yet.
2) Currently they are re-logging, sampling and assaying historical core.

Assays for point 2 are expected in early March. These should confirm historical grades and identify gold, platinoids and rare earth elements that were not assayed for in the 70's.

"Work Commences on Tin Camp Creek Project
Initial field work has commenced on the reassessment of the Caramal Deposit and South Horn Prospects
in preparation for a 5,000 metre diamond drilling program at the end of the current wet season. These
prospects are located within the Tin Camp Creek Project area which is comprised of granted Substitution
Exploration Licences SEL24921 and SEL 24922. Work currently underway includes the re-logging,
sampling and assay of representative historical drill core which dates from the 1970?s using modern assay
techniques and will include analysis for gold, platinoids and rare earth elements. Analysis for the latter
elements, which are known to be associated with uranium mineralization in the Alligator Rivers Region,
was not undertaken during the 1970?s at the Caramal Deposit. Caramal contains high grade uranium
mineralization that was identified by diamond drilling undertaken in the early 1970?s by Queensland Mines
Ltd. Historical drill intersections include 15.6m @ 0.45%U3O8 (4500ppm U3O8) from 21.44m in D-05,
12.44m @ 0.91% U3O8 (9100ppm U3O8) from 25.3m in D-07 and 22.71m @ 0.38%(3800ppm U3O8) in
D-13
This initial phase of work is being undertaken to provide greater confidence on the reported grades of
historical results and allow for more accurate modeling of the geometry of mineralisation. Assay Results
are expected in early March."