Quarterly Activities and Cashflow Report
March 30th, 2008
- Cethana drilling and IP program confirms bulk tonnage potential.
- Dove River drilling program completed.
- Completes 50% earn-in to Irvine Island.
- Irvine Island Joint Venture formed.
Boardroom Radio Presentation – Initial Success at Cethana
February 13th, 2008Mr. Tony Schoer, says,”Assays have yet to determine if there is any gold associated with the chalcopyrite and magnetite. We are optimistic because the association of gold with magnetite has been observed in drilling results and rock chip assays nearby at Dove River”.
Drilling Commences on Tasmania Porphyry Targets
January 10th, 2008Drilling will test the Cethana anomaly to depths of up to 700m. Drilling will coincide with a geophysical survey (induced polarisation) aimed at identifying concentrations of sulphide mineralisation at depth and within the area of the magnetic anomaly.