HIGHLIGHTS

• Two diamond rigs probing strike and down – dip extensions of Artemis mineralisation

• Three diamond holes completed to date

• Each diamond hole successfully intersect ed the conductive body

• Core cutting and assaying underway

• RC rig installed pre – collars for deeper drilling

• Drilling continues with one diamond rig on double shift and two rigs on single shift

Drill collars have been established to test southeasterly extensions of the Artemis mineralised body. Drill core from the initial completed holes (Table 1) is being logged and cut and progressively submitted for assaying. A groundwater bore for supply to the drilling program was established. Seven percussion and RC pre – collars to a depth of 48m are complete and will be used for deep diamond drilling.

A full exploration report will be issued as soon as assay results are received and compiled.