Drilling under way at Elaine project

摘要

CHINALCO Yunnan Copper Resources and Goldsearch are undertaking a 6050 metre drilling program at the Elaine copper-REE-cobalt-gold zone of their joint venture in Queensland to follow up significant intersections. An exploration target of 40-45 million tonnes is defined as between 100 metres and 600 metres below surface. The Elaine mineralization is open along strike and at depth. Drilling is designed to result in an inferred resource estimate early in 2012 and to grow dimension of previously announced results.