Ann: High Priority IP Drill Targets Identified at Chunderloo, page-4

We knew that the co was doing ground geophys work and this is the result.

Gold, silver and copper again, but not the same geology as Forrest, Cashmans, Morcks Well, Doolgunna/Cuba and Horseshoe Well (refer to Fig 4) all of which are Palaeoproterozoic Bryah Basin and mainly VHMS territory.

Chunderloo is Archaean instead and about 300 million years or so older than the Bryah B, so for me personally it's a new area of learning.

Although VMS is mentioned on page 3, in all probability it isn't. Refer to page 10 in the Geology Section 1st bullet point where it states that the amount of quartz veining suggests that it is more likely to be a structurally controlled system.

About this time 2 years ago MLX agreed to buy Fortnum from RNI and, as I thought at the time, fobbed off an unwanted Chunderloo on to RNI in exchange for a then issue of 5m shares to MLX. That was all delayed though because of a Warden's Court dispute etc etc. It's a long and winding road tale but in the end Westgold got 5m consolidated AUR shares for it.

It would be a lovely (ironic) twist if Chunderloo were to yield a minable gold-silver-copper deposit. WGX's nearby Bluebird processing plant might just take it, the gold anyway.

This could develop into a beaut story!