An airborne magnetics survey was completed in January and a new anomaly,
“DR500”, detected toward the northern end of the leases. Current plans call for a site visit in April followed by a limited RC drill program later this year.
June 30, 2007
A number high quality geophysical and structural targets as well as a series of inadequately tested targets generated by previous explorers that require follow-up exploration have been identified. An aeromagnetic survey of the northern portion of the project was commissiond, with data acquisition expected during the next quarter.
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