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News > Ashburton JV Project Update

HIGHLIGHTS

• +50% iron & +40% manganese returned from rock chips at Pingandy.
• Iron & manganese rich gossan line identified over 4.6km strike at Pingandy.
• Induced Polarisation survey concluded at Mount Vernon, initial RC drilling program being planned targeting survey results.
• 33.5% copper identified from previous exploration data at Mount Vernon.
• Our Joint Venture partner, Peak Resources believes that recent exploration has increased the prospectivity of the project to host large tonnage metalliferous deposits.

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Date:  Wednesday 02 Jul 2008