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SA

Gold areas represent exploration licences.

The focus of the Company’s BigGold study is to identify the next generation of mineral discoveries. Targeting and acquisition of priority targets for gold and copper-gold in Australia resulted in a number of targets being identified in South Australia.

In particular, the company has targeted concealed IOCG (iron oxide copper-gold) deposits using reprocessed aeromagnetic and gravity data.  This work has several attractive targets in the Coober Pedy region over which the company has obtained Exploration Licences. Exploration work is expected to commence with a gravity survey in late 2008.

 

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