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South Australia - SA Explorers

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Tunkillia – Gold<br />

Minotaur Exploration / Helix Resources<br />

Tunkillia<br />

• Total oxide resource of 5.7Mt at 1.3 g/t Au<br />

• Total primary resource of 8.6Mt at 2.1g/t Au and 5.7 g/t Ag<br />

• Total primary and oxide mineralisation of 800 000oz Au and 1.6Moz Ag<br />

• Oxide mineralisation is tabular, flat lying, and generally in sharp contact with an<br />

underlying sub-vertical vein-related primary mineralisation<br />

• Drilling results from outside mineralised zone include:<br />

- LEAC 209, 13m at 6.2g/t Au from 38m and<br />

3m at 16.2 g/t Au from 54m<br />

- LEAC 240, 10m at 8.3g/t Au from 51m<br />

- LEAC 244, 11m at 3.3g/t Au from 42m<br />

- LEAC 261, 18m at 3.3g/t Au from 37m<br />

• Pit optimisation study in progress<br />

September 2007

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