Eastern Metals Limited announced the commencement of a detailed gravity survey at Browns Reef. The principal objective of this survey is to assist in the identification of other potential mineralized areas within the Prestons formation to the north of the Evergreen Lode, which remains open along strike and at depth, and potentially in other structures to the west of the Evergreen Lode discovery. Browns Reef lies 5km to the west of the town of Lake Cargelligo, approximately 470km west of Sydney.

The area surrounding the Browns Reef base-metal deposit is utilised for agricultural purposes, including grazing and cropping. The known deposit at Browns Reef occupies a small part of the tenement. Most of the deeper drilling to date has been confined to a zone approximately 2.7km long in the central to southern part of the tenement and is situated on the eastern flank of the interpreted 9km long synclinal structure.

Figure 1 shows the interpreted geology of the Browns Reef project area. This drawing also shows the location of the two high grade zones identified by Eastern Metals for further and more detailed follow-up drilling. The northern-most of these zones, formerly known as the Northern High-Grade Zone and now known as the Evergreen Zone, is centred near the historic hole BRD013 drilled by Kidman Resources, which returned an intersection of 7.0m averaging 5.5% Zn, 2.3% Pb, 0.5% Cu, 20.2 g/t Ag and 0.5 g/t Au.

This is the area that was tested by the Company's recent drilling program and where the Evergreen Lode was discovered. EL 6231 has wide spacing gravity data available from historical programs undertaken by the Geological Survey of NSW. In 2002 a detailed GPS gravity survey was commission by Admiralty Resources NL and carried out by Haines Surveys of Adelaide.

This was a closely spaced ground gravity survey over a selected area at Browns Reef. The survey area measured approximately 4.6 km x 1.8 km and was targeted to cover the known core north-south strike extent of the Browns Reef mineralisation. A combined total of 524 stations over 48.6 line km of survey at mostly 100m (some at 200m) line spacing and 100m gravity station spacing was completed.

Gravity data modelling identified at least two significant zones of anomalous gravity response along strike from the Browns Reef mineralisation - Browns Reef South and North Anomaly. Both of these exceed 500 metres of strike length and modelling indicates the potential for steeply-dipping tabular sources. The North Anomaly is co-incident with the Evergreen Lode discovery and the South Anomaly is co-incident with the Browns Reef South "High Grade Target Zone".

Modelling of regional scale wide spaced gravity data along the Lachlan Valley Highway suggests a strong possibility that a structure, similar to the feature on the eastern flank that hosts both the North Anomaly (Evergreen Lode discovery) and South Anomaly (Browns Reef South "High Grade Target Zone"), may also exists on the western side of the interpreted syncline. The objective of this new gravity survey is to obtain more closely spaced high quality gravity data that will extend the existing detailed gravity coverage to the north and to the west of the Evergreen Lode discovery and which will assist in targeting future drilling programs in these areas.