March 31, 2009 Results from the trenching undertaken at Wuritu (KSO 100%) have provided the clearest evidence yet for an iron-oxide-copper association in this project area. In particular, the trench investigating strong Cu-in-soil anomalies coincident with IP anomaly WIP4, encountered anomalous values up to 0.15% Cu over 2m at the margins of a steeply-dipping 14m thick magnetite-hematite lens hosted in calc-silicate schists.
September 30, 2008 With drilling plans upset by the unavailability of a suitable RC drill rig, a decision was made to excavate trenches across the Cu anomalous zones discovered earlier in the year at Oyut. Three trenches totally approximately 400m in length and averaging approximately 1m in depth were completed through the quarter, two at the WIP-4 prospect 1.6km northeast of the Malachite Ridge drill site, and one approximately 2km to the west. Each trench encountered strongly foliated schists with variable hematite alteration. The northernmost of the two at WIP-4 exposed a particularly strong, several metre wide, magnetite-hematite zone in the immediate vicinity of the best Cu-in-soil results. Each trench has been continuously mapped and wall-sampled and assay results are expected along with geology and sample plans in the early part of the December quarter. At the same time as the trenching, a small extension was also made to the soil sampling coverage.
June 4, 2008 Soil sampling at the Wuritu project has identified a broad Cu-in-soil anomaly coinciding with an IP chargeability anomaly and an initial RC program is planned to start in 2 weeks.
