Drilling at the Peninsula prospect also failed to return high grade gold anomalism beneath the auriferous quartz vein. All holes designed to test the quartz vein intersected the vein and ranged from 4 to 7 metres thick. As inferred at the Birdsnest Prospect it is likely that a high-grade pitching gold structure is also present at the Peninsula Prospect.

This structure also needs to be tested with close spaced diamond drilling immediately beneath the auriferous part of the quartz-ironstone vein to depth. As at the Birdsnest prospect, the elevated gold and silver anomalism reported in the reverse circulation drill samples may represent a halo proximal to the high-grade gold mineralisation and hence assist with future drilling campaigns targeting these possible high grade gold zones. Numerous significant anomalous gold soil anomalies reported at the Peninsula prospect will require costeaning to properly test for possible sub-surface high grade pitching gold/silver structures which may tie into the reverse circulation gold/silver anomalism.

The eight reverse circulation holes drilled at the Tin Can Prospect were designed to test an approximately 200 metre-long gold soil anomaly trending in a north easterly direction. Hole 22KRC 85 intersected 4 metres @ 2.14 g/t Au from 28 to 32 metres. Drill hole 22KRC 86 drilled 20 metres behind 22KRC 85 also intersected anomalous gold.

The remainder of holes drilled at Tin Can failed to intersect significant gold anomalism. Considering the gold soil anomaly trends almost square to the bedding and structural fabric at Tin Can and the absence of gold anomalism in the remaining drill holes, either the orientation of the drilling needs to be reassessed or a plunging gold shoot structure is also in play. Either way additional drilling will be required to assess and extend this gold anomalism.

The reverse circulation drilling programme at the Newman project although not successful in identifying sub-surface high grade gold anomalism, has provided a better understanding of the geological and geochemical environment in a region devoid of any historical prospecting or recent exploration. Published geological maps have not identified the age of the rocks or the geological formation to which this region of the Sylvania Inlier belongs with certainty. The work completed to date has identified two outcrops where high grade gold is present at or very close to surface.

Gold soil results suggest that more may be present within the three prospects identified to date. Considering the structural architecture visible on the surface, a more focused/surgical exploration approach such as very close spaced near surface diamond drilling in conjunction with costeaning will be a more productive method of exploration to identify the high-grade gold structures.