QUARTERLY ACTIVITY REPORT
(for the quarter ended 31 March 2008)
MAJOR DEVELOPMENTS
• At Mount Wellington, diamond core drilling has commenced at the Rhyolite Hill aeromagnetic target.
• At Mary Kathleen, variations removing “low impact” conditions over EPM14019 and EPM14022 have
been granted.
• At Mary Kathleen, ground magnetic surveys have been completed at the Hardway and Prince of Wales
targets. Drilling is now scheduled to commence in late April, subject to final work program approval.
• At the East Musgrave Joint Venture, final approvals have been given over two areas and field programs
are scheduled to commence in late April. Clearance surveys for remaining areas are ongoing.
news soon, page-2
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