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Exploration History



                                                                                      Although no significant zones of sulphide mineralisation were encountered in
                                                                                      subsequent drilling (HAC0301), it was concluded that the intrusion-driven
         2000’s   Early Newcrest Exploration                                          hydrothermal system remained open at depth.
                                                                                                                                                         103.4m @ 0.4 g/t Au, 0.11 % Cu (424m)
                                                                                                                                                          Including 4m @ 3.5g/t Au, 0.57% Cu
                                                                                                                                                                     (439m)
                                                                                                                            Newcrest                       and 3.5m @ 3.4g/t Au, 0.47% Cu
                                                                                                                      Havieron Long Section                         (451.5m)
                                                                                                                              2003
                                                                                       NW                                                                                 SE
                                                                                      0m RL               HAC9503            HAC9201  HAC9502  HAC9101        HAC0301     0m RL





                                                                                                        8.7m @ 0.44 g/t Au (578m)
                                                                                         -250m                                                                           -250m
                                                                                                   45m @ 0.19 g/t Au (465m)


                                                                                         -500m                                                                           -500m


                                                                                                                   11m @ 2.4 g/t Au, 0.5 % Cu (422m)
                                                           HAC0301                         4m @ 1.95 g/t Au (516m)  2.6m @ 9.4g/t Au, 0.7% Cu (427.5m)

                     Crescent Sulphide Zone                                                  53040
                                2021                                    0.4
                                                                        0.2                  53000
                                                                        0.2                nT
                                                                        0.1                  52960
                                                                        0.0
                                                                       -0.0
                                                                       -0.1                  52920
                                                                       -0.2                                           Modelled Magnetic Profile
                                                                       -0.3
                                                                       -0.6
                                                                        mGals
                                                                                                            Modelled Magnetic Profile
                                                                                                                              Hydrothermal alteration assemblage of actinolite-biotite
                                                                                                                                  (carbonate) and albite-calcite (HAC0301, 554.8m)


                                                                                        1 Wilson A, Stewart, M.A., 2004.  Annual Technical Report to DOIR Period from May 9, 2003 to May 8 2004 Terringa
                                                                                        E45/2418, 2005 Telfer District WA.  Newcrest Mining Limited..
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