Holes of interest at Racecourse/Bushranger

· RCJ2 - 65m @ 0.60% copper
 55-146 0.55% copper 0.02% gold
Including 59-124 0.63% copper
Operator     Jododex Australia Pty Ltd
Start Date     1982
Borehole Length     200.0 metres
Drilling Method     diamond drill
Inclination Type     vertical
Location (GDA94)     149.689613°E, -33.842402°N

BRC001 2-62m 0.43% copper 0.03% gold
Including 20-30m 0.73% copper 0.06% gold
Operator     Straits Exploration (Australia) Pty Ltd
Start Date     2003
Borehole Length     109.0 metres
Drilling Method     RC
Inclination Type     vertical
Location (GDA94)     149.690593°E, -33.842651°N

BRC002 42-108m 0.42% copper 0.02% gold
Operator     Straits Exploration (Australia) Pty Ltd
Start Date     2003
Borehole Length     120.0 metres
Drilling Method     RC
Inclination Type     vertical
Location (GDA94)     149.689945°E, -33.842665°N

BRC003 32-120 0.46% copper 0.02% gold
Including 100-118m 0.58% copper 0.01% gold
Operator     Straits Exploration (Australia) Pty Ltd
Start Date     2003
Borehole Length     120.0 metres
Drilling Method     RC
Inclination Type     vertical
Location (GDA94)     149.689297°E, -33.842679°N

BRC007 22-82 0.5% copper
Including 52-72m 0.9% copper
Operator     Straits Exploration (Australia) Pty Ltd
Start Date     2003
Borehole Length     102.0 metres
Drilling Method     RC
Inclination Type     vertical
Location (GDA94)     149.691354°E, -33.846240°N

· BRC013 - 52m @ 0.72% copper
Operator     Straits Exploration (Australia) Pty Ltd
Start Date     2004
Borehole Length     150.0 metres
Drilling Method     RC
Inclination Type     vertical
Location (GDA94)     149.688809°E, -33.840887°N

· BRC014 - 2m @ 8.07g/t gold
Operator     Straits Exploration (Australia) Pty Ltd
Start Date     2004
Borehole Length     138.0 metres
Drilling Method     RC
Inclination Type     vertical
Location (GDA94)     149.688630°E, -33.838637°N

· BRC016 - 30m @ 0.65% copper
BRC016 125-192m 0.50% copper 0.03% gold and 219-267m 0.45% copper 0.02% gold
Operator     Straits Exploration (Australia) Pty Ltd
Start Date     2004
Borehole Length     270.3 metres
Drilling Method     diamond drill
Inclination Type     vertical
Location (GDA94)     149.687945°E, -33.840906°N

· BRC025 - 49m @ 0.70% copper
Operator     Straits Exploration (Australia) Pty Ltd
Start Date     2004
Borehole Length     282.0 metres
Drilling Method     diamond drill
Inclination Type     vertical
Location (GDA94)     149.689241°E, -33.840877°N

Hole No.    Depth From (m)    Depth To (m)    Interval (m)    Cu%    Au g/t
BRD001        147        306        159        0.37    0.21
including    147        209        62        0.5    0.22
including    165        181        16        0.53    0.73
                          
BRD009        317        486        169        0.39    0.09
including    348        416        68        0.46    0.15
including    400        416        16        0.46    0.51