Third Quarter 2004
Posted on 30/09/2004
Highlights:
Australia
WESTERN AUSTRALIA - TELFER GOLD EXPLORATION
Deep diamond drilling currently being conducted by Barrick Gold of Australia Limited
WESTERN AUSTRALIA - MOUNT ELVIRE GOLD/BASE METALS EXPLORATION
Encouraging rock chip samples return grades of up to 3.6 g/t gold and 13% copper
Africa
NAMIBIA - TSUMKWE DIAMOND EXPLORATION,
One very fresh (Class 4) kimberlitic garnet recoverd from loam sampling
BOTSWANA - KIHABE BASE METALS EXPLORATION,
Metallurgical testing yields recoveries of up to 94% for zinc, 96% for lead and 91% for silver.