BRO 0.00% 0.2¢ broad investments limited

drilling commenced

  1. 126 Posts.
    Drilling on E63/932- GOODIA PROSPECT
    The Board of BRO is pleased to advise that Pangaea Metals Ltd (the Uranium and Gold
    Exploration company it has entered conditional agreement with shareholders to acquire
    control of), has commenced drilling on the Goodia Prospect (E63/932) yesterday, 2 April,
    2007.
    The drilling program will consist of 1000 auger holes to a depth of 1 metre to follow up
    anomalies defined by previous explorers and to test suitable horizons for gold where
    drilling has not previously occurred.
    Previous on-ground exploration has been mainly of systematic soil sampling by Central
    Norseman Gold, WMC, Resolute, and Goldfields on line-spacings of about 800m, 500m,
    and 250m. This sampling produced numerous anomalies greater than 10ppb Au, with six
    areas returning between 30ppb and 400ppb Au. The anomalies appear to have so far been
    very poorly tested, by only eight lines of broad-spaced RAB and air-core drilling.
    The drilling will be on 400 metre line spacing with the holes to be drilled 50 metres apart.
    The nickel potential of the tenement is also currently being assessed and latest
    geophysical data for the area is being acquired to be processed by a geophysicist for
    Pangaea.

    Yours faithfully
    By Order of the Board

    George Lee
    Director- Exploration
 
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