exploration

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Exploration
Anvil's entry into joint ventures on the Mutoshi and Kinsevere Projects
has opened up a significant number of high-quality exploration targets which
justify an immediate major drill evaluation effort. As a result, the Company
is currently in the process of bringing six drilling rigs into the DRC; two
diamond drilling rigs, two RC rigs and two air-core rigs.
The first of the RC rigs commenced drilling on Tshifufia deposit in the
Kinsevere-Nambulwa Project on January 20, 2005. Immediate targets located in
the Kolwezi Region include Mutoshi NorthWest, Nioka and the discrete cobalt
targets at the western end of the Mutoshi open pit.

Copper up to 12t p.a slowly getting to 20 t