December 31, 2008 Rpeorted that field work carried out consisted solely of environmental rehabilitation of drill sites and access. Results of a prefeasibility study are expected in Q1 2009.
September 30, 2008 Deep Diamond Drilling at CC2 was completed and demonstrated mineralisation
continues to depths of at least 500m. New results include: 4.25m at 2.62% copper from the 200m - 400m panel (hole CHEDD0129) and 6.0m at 1.11% copper from the 200m – 400m panel (hole CHEDD0145).
July 9, 2008 An updated resource estimate was provided. The total CC2 Resource has more than doubled to 6.5 million tonnes, with an Indicated Resource of 3.5mt @ 1.1% copper and 0.23g/t gold and an Inferred Resource of 2.9mt @ 1.1% copper and 0.38 g/t gold. The new estimate was calculated over a strike length of 1,700m and incorporates for the first time an inferred category for the 200m-400m vertical panel below surface at CC2 where diamond drilling is ongoing. In addition, new drill results were released and include 4.4m at 2.73% copper from the 200m - 400m panel, 2m at 3.63 % copper from the 200m - 400m panel and 2.6m at 3.97% copper from the 400m - 600m panel.