Drilling plans for Exterra's three prospects

摘要

Nearby Eucalyptus is a new project transaction and has five main prospects open along strike and at depth. Exterra is taking over a joint venture position with a right to earn 80-90%. The Egerton prospect near the Fortnum mine has a JORC compliant resource of 116,400t at 6.4 g/t for 23,811 oz. On this property a 48m deep shaft was sunk in the 1990s and work to date on the mineralisation has indicated recoveries in the 95.5% range.