Projects
Summary
updated November 2009

The following is a brief summary of each project. Please refer to project descriptions, technical reports and recent press releases for complete results.

Tenement Area Km2 Description Ownership
Mt Nakru Project - click here to see more Project information
EL 1043 47

VHMS / breccia copper-gold (molybdenum) systems at Nakru-1 and Nakru-2.

17 drill holes (1968m) at Nakru-1
Best drill results:
63.9m at 0.54% Cu and 0.34g/t Au including 28.4m at 1.1% Cu at 30m depth.;
205m at 0.40% Cu, including 74m at 0.78% Cu, 11m at 0.95% Cu and 2.5 g/t Au; 245m at 0.8 g/t Au.

2 drill holes (412m) at Nakru-2
26m at 1.65% copper including a 7m thick lens of copper grading 3 to 4% copper at 25m depth.

Over 9 km of trenching
Best trenching results:
95m at 2.88g/t Au; 51m at 2.2g/t Au; 25m at 1.44% Cu; 4m at 6.6% Cu.
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Simuku Project - click here to see more Project information

EL 1077

 

47.84

Porphyry copper-gold-molybdenum system.

Inferred Resource of 200Mt at 0.47% copper equivalent (0.36% Cu, 61ppm Mo, 0.06g/t Au, 2g/t Ag).

Near surface enrichment blanket of 0.7% to 0.8% Cu.

Conceptual Mining Study shows further drilling is warranted to define a near surface resource of secondary copper enrichment. Further drilling is also warranted to expand on the current Inferred Resource as well as to define a Resource of higher grade copper.

28km of bulldozer trenching completed.

31 holes drilled (6021m)
Best drill results:
66m at 0.70% copper;
16m at 1.0% copper;
56m at 0.77% copper; including 16m at 1.24% copper, 266ppm molybdenum and 0.2g/t gold.

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Talelumas Project - click here to see more Project information
EL 1445 75.18

Porphyry and VMS style mineralisation occur along the regional mineralised Kulu-Awit trend. Our projects lie within this trend which has been historically explored with stream sediment, rock chip and ridge and spur soil sampling.

Isme ck sample of 9.47g/t gold, 7.94% zinc, 552g/t silver, 0.15% copper and 7.05% lead. Anomalous zinc over 2.3km by 1.0km. Mt. Misusu anomalous copper over 850m by 500m with one sample returning 1.07% copper and 109ppm molybdenum.

 

 

 

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Project
Coppermoly Project Locations Simuku Project Simuku Project Simuku Project Simuku Project Mt.Nakru