This on mine web 15/4/07Area Lightly explored INDICATORS FOR...

This on mine web 15/4/07

Area Lightly explored

INDICATORS FOR ANOTHER BIG COPPER TARGET IN WESTERN NSW

Durable base and precious metals explorer Platsearch has the makings of a new bulk tonnage copper-dominated deposit in the remote western sector of New South Wales.

Author: Ross Louthean
Posted: Sunday , 15 Apr 2007

Perth -

Junior explorer Platsearch NL (ASX: PTS) has reported receiving assays for rock chip sampling at the Cymbric Vale prospect in the Koonenberry Belt on the eastern margin of the Curnamona Craton - an area that came into focus about a year ago when Black Range Minerals announced on the adjoining Koonenberry prospect a JORC-compliant resource of 5.75 million tonnes grading 1.03% copper, 035% zinc, 2.3 grams/tonne silver and 0.05 g/t gold which, at this stage of formative exploration represents 60,000t of contained copper.

The lightly explored region is 100 kilometres north east of Broken Hill.

Platsearch said the Cymbric Vale copper prospect extends over 1.2 kilometres of strike and has returned grades of up to 5.61% and 4.91% copper and has never been drilled.

Sampling at the Horseshoe Hill prospecting the southern sector of the joint venture ground showed the presence of ultramafic rocks with nickel assays up to 0.22% and cobalt up to 0.43%.

There will be a programme of geophysics and drilling in the next quarter.

Platsearch's managing director Bob Richardson said historic pits and shafts at Cymbric Vale accessed copper mineralisation within schists and gossanous outcrops. Gossan surface expression is limited, and economic concentrations of sulphides may occur in structurally-thickened zones along strike and at depth.

At the Rawlins Tank prospect in the north, rock chip sampling on a ridge line covering 2 square kilometres produced values up to 4.96% copper and 0.13 g/t gold.

Bondi Mining, which listed on the Australian Stock Exchange in December 2006, can earn 70% in Cymbric Vale from the equal partnership of Platsearch and Paradigm Mexico by spending $A750,000 ($US625,073) on exploration.

cheers.