The Gum Creek consists Swan OC/UG, Swift OC/UG, Heron South OP, Howards OP, Specimen Well OP, Shiraz OP, Wilsons UG, Omega and PSI, Kingston Town, Eagle deposits.

Swan Trend
Gold mineralisation in the Swan area is associated with conjugate quartz-carbonate-pyrite vein sets preferentially hosted within carbonate-sericite altered dolerite. Conjugate vein sets are shallow southeast dipping with lodes generally plunging to the south (i.e. Australia, East and Albania Lodes) and moderate to steeply northeast dipping with lodes plunging to the north (i.e. Monte Carlo, Sicily, Tunisia, Cascade and Premium). High-grade ore shoots are parallel to vertical fold hinges within the dolerite and formed at conjugate vein set intersections and at the intersection of vein sets with the Butcherbird Shear Zone to the east. The vein sets, associated tension gashes and high-grade ore shoots have been subjected to later fault/shearing events resulting in localised orebody complexities.

The Swan Mineral Resource area is a large mineralised system with a strike length of 1.4km. The area retains excellent scope for potentially defining further shallow open cut and underground Mineral Resources beyond the previously mined and current resource area, particularly along strike to the north and down plunge on many of the Swan underground lodes including Monte Carlo, Monaco, East, Sicily, Tunisia, Cascade and Premium Lodes.

Swift Trend
Gold mineralisation in the S ........

The Study assumed a standard drill, blast, load and haul mining methodology which is well known and widely used in Western Australia.

Mining at Gum Creek will be undertaken by mining contractors, with personnel operating on a fly-in, fly-out out basis from Perth, with local residents employed where possible.

Production from Swan and Swift includes cutbacks to the existing open pits, while mining at Howards will be from a new open pit.

Swan:
- Minimum Mining Width – 4m downhole;
- Internal Dilution – 2m downhole;
- Edge Dilution - 1m either side downhole.
- High Grade Cuts:
- Oxide – 10g/t;
- Transitional – 20g/t;
- Fresh 200g/t.
- Pit Slope angles range from 35-45 degrees;
- Ramp widths range from 12-18m wide with a gradient of 1 in 9;
- Batter angles range from 70 degrees near the base to 55 degrees near the surface and berm heights of 20m with minimum berm widths of 7m.

Swif:
- Minimum Mining Width – 4m downhole;
- Internal Dilution – 2m downhole;
- Edge Dilution - 1m either side downhole;
- High Grade Cuts:
– Oxide – 20g/t;
- Transitional – 30g/t;
- Fresh 30g/t.
- Pit Slope angles range from 40-44 degrees;
- Ramp widths range from 12-18m wide with a gradient of 1 in 9;
- Batter angles range from 70 degrees near the base to 55 degrees near the surface and berm heights of 20m with minimum berm widths of 5m.

H ........

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