June 30, 2005 IP survey results are being processed. Interpretation of these results has not produced any viable targets for further work, and assessment of other geophysical data has led to the conclusion that a porphyry style copper-gold deposit of significant size is unlikely to exist within the tenement.
March 31, 2005 A dipole-dipole Induced Polarisation (IP) program was completed over the Heifer Swamp anomaly. Lines up to 2 kilometres long were surveyed at 500 metre intervals, covering areas of anomalous low resistivity and elevated chargeability located by the Reconnaissance IP survey conducted in February 2004. Results are now being processed and interpreted with a view to planning future work on the licence area.
March 31, 2004 A Reconnaissance Induced Polarisation (RIP) survey was completed covering the entire Heifer Swamp magnetic and gravity anomaly. This survey was designed to locate zones of disseminated sulphide mineralisation below the Quaternary basalt or cover sequence. A circular zone of low resistivity approximately 2 km diameter, was located on the north-east portion of the Heifer Swamp Anomaly.