June 2010 Quarterly Activity Report

Copper Hill

  • High copper and gold prices yield robust economics at Copper Hill
  • Copper Hill Feasibility Study Commenced
  • Wide intercepts of higher grade copper-gold intersected
  • Major northward extensions defined
  • EIS and Hydrology Consultants appointed
  • Metallurgical, Geotechnical and Engineering Consultants in place

Other

  • Cargo porphyry system’s new gold lodes to be targeted in NSW
  • Gravity surveys to commence in Gawler Carton, SA
  • New ionic leach geochemical soil sampling planned at Mulga Tank, WA
  • Progress with exploration title grants in Panama
  • Positive Scoping Study at Kempfield Silver0-Zinc-Lead JV Project, NSW

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