Minerals Alert June 2008

South Kimberley

WA

Airborne magnetic and radiometric

57.6%

N/A

163,000 line km; north-south area of 57,920 km²

400 m

60 m

Data acquisition commenced on 24 January 2008. The survey will cover parts of the Lennard River, Lansdowne, Noonkanbah, Mount Ramsay, Mount Bannerman 1:250 000 Map Sheets.

Byro

WA

Airborne magnetic and radiometric

47.8%

N/A

83,855 line km; east-west Area 29,750 km²

400 m

60 m

Data acquisition commenced on 3 April for the provision of magnetic and radiometric data over the Byro region of Western Australia. The survey covers parts of the Wooramel, Glenburgh, Yaringa and Byro 1:250 000 Map sheets.

West Musgrave

WA

Gravity

36.4%

3,800 new stations. Over an approx area 24,340 km²

N/A

2.5 km grid, east-west

N/A

Data acquisition commenced on 2nd May for the provision of gravity data in the West Musgrave region of Western Australia. The survey covers parts of the Bentley, Scott, Talbot and Cooper 1:250 000 Map Sheets.

Balladonia

WA

Airborne magnetic and raiometric

N/A

N/A

43,449 line km; east-west over an approx area 14,960 km²

400 m

60

The survey covers the Balladonia, Norseman, Widgiemooltha and Zanthus 1:250 000 Map Sheets.

Cooper Basin East

Qld

Airborne magnetic and radiometric

48.0%

N/A

214,352 line km; north-south over an area of approx 76,980 km²

400 m

60 m

Data acquisition commenced on 9 January 2008. The survey covers parts of the Windorah, Eromanga, Quilpie, Thargomindah, Toompine, Bulloo and Eulo 1:250 000 Map Sheets.

Normanton

Qld

Airborne magnetic and radiometric

22.1%

N/A

114,487 line km; east-west over an area of approx 40,840 km²

400 m

80 m

Data acquisition commenced on 24 April. The survey has been temporarily delayed following a fatal crash of the survey aircraft on 15 May. The survey is expected to resume in July 2008. The survey covers parts of the Galbraith, Walsh, Normanton and Red River 1:250 000 Map Sheets.

Cooper Basin North

Qld

Airborne magnetic and radiometric

N/A

N/A

166,373 line km; north-south over an area of approx 59,480 km²

400 m

60 m

The survey covers the Brighton Downs, Maneroo, Longreach, Connemara, Jundah, Blackall, Canterbury and Windorah 1:250 000 Map Sheets.

North West Tasmania Offshore

Tas

Airborne Magnetic

100%

N/A

39,075 line km; east-west over an area of approx 27,512 km²

800 m

90 m

Data acquisition commenced on 20 January 2008 and was completed on 6 April 2008. Final data for QA/QC testing was delivered to Geoscience Australia in May. The survey covers an area west of King Island.

Central Arunta

NT

Gravity

18.5%

11,100 new stations. Over an approx area of 97,600 km²

N/A

4.0 km grid; east-west; with selected areas for infill at 500 m to 2 km

N/A

The survey covers parts of the Mount Peake, Barrow Creek, Napperby, Alcoota, Huckitta, Hermannsburg, Alice Springs, Illogwa Creek and Hay River 1:250 000 Map Sheets.

Paterson

N/A

Airborne Electromagnetic

100%southern area; 36.3% northern area

N/A

29,199 line km over an area of approx 45,189 km²

N/A

N/A

New data will be acquired over two areas separated by the Rudall River National Park. The southern area comprises approximately 9,109 line km of northeast-southwest flight lines spaced 1 and 2 km apart with a flying height of 120 m above ground level. The northern area comprises approximately 20,090 line km of east-west flight lines spaced 1, 2 and 6 km apart with a flying height of 120 m above ground level. Data acquisition over the southern survey area was completed on 25 November 2007. Data acquisition re-commenced in the Northern survey area on 29 May 2008.