Explorations – Proposed Exploration

Resource drilling at Hatta in 2005 extended the known Hatta massive sulphide resource northwards beneath the wadi. Drilling at Hatta South defined the limits of the massive sulphides resource. Drilling at Hatta Extended has shown that this small resource remains open to the west. An exploration drill hole at Semdah West identified strong disseminated chalcopyrite mineralisation in a highly altered and quartz stockworked dacite dike.

A recent 3D IP survey of the Hatta, Shinas and Ghuzayn No 3 deposits produced encouraging results, identifying further zones of chargeability and conductivity that are interpreted as additional disseminated and massive sulphide resources at all three deposits.

Further 3D IP surveys are planned at Ghuzayn for the No1 and 2 deposits in late 2006 and at Semdah West to define the extents of the known mineralisation and search for additional geophysical targets. EM geophysical surveys are also planned in the Maqabil-Fayd region where extensive zones of alteration in footwall Geotimes Volcanics, like that at Hatta, suggest that there is excellent potential for massive sulphides preserved at depth beneath hanging wall Lasail Volcanics. Similar, more intense alteration in the eastern part of the Ghuzayn Block will also be explored by EM.

An extensive drilling program is planned for the second half of 2006 to test all geophysical targets identified to date, and to complete the resource drillouts of the Shinas and the Ghuzayn No 3 deposits.
 

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