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LEINSTER NICKEL PROJECT




      NEW TENEMENT PACKAGE


     • Four ELs comprising 217 km highly-prospective for both
                                      2
        gold and nickel-copper sulphide mineralisation
     • Earn-in Agreement with Jindalee Resources for up to 70%
       ownership of all mineral rights

      FIRE FLY & SINCLAIR NORTH Ni PROSPECTS

     • Located on E 36/895 which is contiguous with the Horn
        tenement and along strike from Sinclair to the south and
        Ni West to the north

     • Firefly; Anomalous Ni identified in historic RAB drilling
        defined a over 1.3km prospective strike of ultramafics,
        including:

             • 23m @ 0.53% Ni from 13m, inc. 1m @ 0.86% Ni

             • 5m @ 0.74% Ni from 44m
             • 4m @ 0.53% Ni from 16m

     • Never been adequately tested at depth by RC or diamond
        drilling = drill-ready targets

     • Sinclair North; located north along magnetic strike of
        Sinclair Ni mine
     • 750m RC programme recently completed on both
        prospects

     • Drilling confirming location of UM-Mafic contact
     • DHEM currently in progress, samples in the laboratory
        awaiting Assay results

     • Further drilling planned and permitted!
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                                                                                     Aeromagnetics: RTP E shade non-linear
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