Charmed Project ELA59/1132 (100% Comet)

The Charmed project is located 520 km north of Perth in the Murchison district of Western Australia. The Project is over 140 km² in area and covers the entire Barlowerrie Greenstone Belt. A number of targets have been identified from historic exploration data:-

1. An arsenic - gold soil anomaly which extends over an area approximately 1500m by 400m. The maximum arsenic and gold values reported are 5200 ppm and 68 ppb respectively.

2. Rock chip sampling in the vicinity of Mt Barlowerrie reported anomalous values up to 10.8 g/t Au and 11.5 g/t Ag.

3. Several other areas which reported anomalous base metal values from rock chip sampling as well as precious metals values of up to 52 g/t gold and 100 g/t silver.