2006 Exploration Programme

• Following the NZ share offer,
  drilling recommences in
  November at Tahunaatara
  
• 13 resistivity surveys
  completed: 57 line kms of
  CSAMT ground resistivity
  acquired and 2900 soil samples
  collected
  
• Drilling commenced May 2006:
  first geological test drilling
  programme over one of 21 gold
  targets, Tahunaatara, in the TVZ
  
• Interpretation and assessment
  of ground geophysical surveys
  underway
  
• Joint Venture with Newmont - to
  fund the exploration of one
  target in the Waihi West area
  adjacent to Newmont's Martha
  mining operation
  

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