Phase 1 GeoChem US$550,000 Q4 2003 Q1 2004
Geochemical, aeromag and gravity to focus seismic
targets
Reduce amount of seismic and costs
Phase 2 Seismic US$1,400,000 Q2 2004
190 kilometres 2-D seismic
Refine drillable targets
Phase 3 Exploration Drilling US$4,000,000 H2 2004
Drill 4 - 6 targets to maximum 7,500 feet