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Initial Talc Lake Targets The first diamond hole at Talc Lake will clear out historical drill-hole ORTL9 in order to provide a platform for down-hole electromagnetic (DHEM) surveys to be undertaken to refine a strong off-hole DHEM conductor identified last year. (Figure 4.) Figure 4. Talc Lake priority drill targets and key geological, geophysical and geochemical references This DHEM conductor was targeted in previous drilling by Mining Projects but was never adequately explained.

A recent reinterpretation of the geophysical data in conjunction with a geological and geochemical review has upgraded this target, which will be drill tested as part of the current program. The rig will then move on to test a strong DHEM conductor located along strike/down-plunge of previous holes RHDD004,RHDD005 and RHDD0006, all of which intersected narrow zones of highly anomalous nickel (including 0.5m @ 0.4% Ni in RHDD004 and 4.0m @ 0.4% Ni including 0.6m @ 0.5% Ni in RHDD0006). A recent geological reinterpretation of this DHEM target by the Company’s technical team suggests that it sits on the prospective basal contact of an upper flow unit, down-plunge from the original surface gossan discovery at Talc Lake dating back to the 1960s.

This same contact hosts the high grade intercept previously reported from historical WMC hole ROE114 which returned:  1.0m @ 3.53% Nickel including 0.5m @ 6.15% Nickel The second diamond hole will be collared to intersect this DHEM target at a depth of approximately 260m down-hole.

If they mobilise DHEM immediately after cleaning out hole 1. I would suspect ann of new drill target before any xrf results. DHEM would surely be used to define the aspect of the second hole. Geo's?