ASX 24/9/14
Drill sites were cleared at the Groundhog and Bottle Hill prospects and Monax plans to commence drilling of two holes by the end of the week.
Drilling is fully funded by Antofagasta and will take approximately eight weeks to complete with
results expected approximately four weeks after the completion of drilling.
ASX 10/6/14
The two targets appear as PLDD001 & PDDL002.
Comparative 3D inversion modelling has demonstrated that key characteristics of the Phar Lap
data (anomaly PLDD002) are very similar to those generated within available data over the Carrapateena deposit; in density volume product, density contrast, dimensions and depth.
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Ann: Exploration Update, page-3
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