Reported to have completed a four-hole drill programme and undertook an extensive in-fill gravity survey within the Roxby Downs North (EL3810) and White Cliff (EL3960) tenements. Additional basement targets have been identified through recent analysis and modelling of new and past gravity data. All the holes exhibited the style of alteration, including haematite, commonly associated with IOCG system.
March 28, 2008
Released an update for three diamond drill holes in the current programme targeting two modelled gravity anomalies within the Pernatty “C” tenement (Pepita “C”- PDD2 and “E”- PDD3) and the Kellie target (WTDD1) within the West Lake Torrens tenement. Based on field observations all holes have encountered sections of hematite and chlorite alteration. The core is awaiting cutting, sampling and assay.
February 12, 2008
Reported to have commenced diamond drilling at its Pepita gravity target within the Pernatty "C" tenement.