Slide 1: Exploring for Gold at Gidgee
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Slide 2: Capital Raising
Million Raising Xp ones and Silver Mi urchased I December 75,000,000 shares ¢ 20,100,000 option ote ( (10% coupon rate, 125, 000, 000 shares
Slide 3: Gidgee Gold Project Location Diagram
GIDGEE GOLD PROJECT LOCATION DIAGRAM
Slide 4: Gidgee Project
GIDGEE PROJECT | | WeemarsFerye reenstone Belt E - Legend Tenements Lo : . NEW S : : a | December 2003 oC SOUTH fT (J January 2005 | waces - ‘BPenith e) Mining Centre _BLiverpool __ 1. ‘aCamae no : oni : “ campoaitown Be Le __ Stanwell Park|a BulliPassa
Slide 5: Legend controls almost entire Gidgee belt
om Ceay Greg! Noven February & ou 200 trols Almost Entir
Slide 6: Now Exploring for Gold at Gidgee
Slide 7: Butcherbird
799200 mE _ Butcherbir
Slide 8: Butcherbird drill collar map
738800 mE 738000 mE 739000 mE 799100 mE 799200 mE _ GDCOST: _ GDCOS8:
Slide 9: Butcherbird Swan Bitter Target
Butcherbird Swan Bitter 243 Target TNA 1182 Targe
Slide 10: North Swan Bitter
rth Swan Bitter
Slide 11: RAB/RC Drilling
RAB/RC Drilling © 300m x120m
Slide 12: Premium Lode Planned Drilling May 2005
Premium Lode Planned Drilling May 2005
Slide 13: North Swan Bitter Premium Lode section
EE _ a ee O77 20300 _ NORTH SWAN BITTER ED OD PREMIUM LODE.~ ae. SECTION 50 275mN FINAL PIT OUTLINE: {partly Bareilles, ce » Re if q ne pitt My i sis asa Onno Ue yD Ca yD es | near hy a eee - i | Le j ( Le Ly is : i Li Ls SSS SS cL SS ie SETI i) EE) ee 7 _- a lionel tte a || |\ iin: TST ET TTT | Pam
Slide 14: Swan Bitter area map
Slide 15: Additional strike potential
"Additional s _ back potential
Slide 16: Swift Line Targets
SWIFT LINE TARGETS Swan Bitter >500,0000z gold
Slide 17: Swift Line RC Drilling
Slide 18: Swift Line Gulliver Lode section
—— So SWIFT LINE GULLIVER LODE Ne : : : 7 116m @ 4.0git Aul Coat cu Bea oe = _ _ UXO SS +l8m* @ S.0gitAul -_ eo GULLIVER LODE | 3) - 80.100m Vertical Depth [Is ss - a il iusssssnennnntnsanineiian ie ee 1 _ incl. 4m* @ 1.6g/t Au : Wa 2 eg Px 8m* @ 4 4git Au 7 ; : ' [47m @ G.1git Aue aN _ oo a a aE: B
Slide 19: Swift Line section 49,750mN
Bars ere a eens 20700ME ..°. 20800mE SWIFT LINE oS _ GULLIVER LODE SECTION 49.750mN oe A a _. \\ j 0 \Y L oa » oe @23gtgoldf | : eee @ 4.4g/t gold | _ i. | a ] : _ /\(provisionalresults)|} sf _ r-450RL ASEOP GT Nae es / AZM - Be rc ae | = (3m@327gitgold)( FN a - 17m @ 6.1git gold (6m @ 14.8g/t gold)
Slide 20: Swift Line Long Section Looking West
SWIFT LINE LONG SECTION Looking West 770 meters Stacked Lode System Demonstrated, Sparse Drilling
Slide 21: Swift Line Results, 2005
Slide 22: Drill targets mine area map
y 7 ae NES om onebG } es | 1 | ep Lo | ee a ae DC 7, se oo — — cL ae | #2. —rr”~——r—r—CCS oo a = = = ———rr—“_ Lan ee 9 gy adime } ee : = ee ‘GDAG4
Slide 23: Wilsons, Golden Hind, Sherwood, Camelot
WILSONS HAUL ROAD GOLDEN HIND abundant quartz veining | 4m @ 0.8g/t gold SHERWOOD quartz veining y 4.Agit gold 4m @ 1.2git gold ci CAMELOT weak gold anomalies along contacts.
Slide 24: Regional map
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Slide 25: Regional prospects: Fairy Well, Bonza Bore, Maple, Castle
No Driling FAIRY WELL PROSPY Historic Gold Working Gold Soit Anomal Coincident RAB 4m @ GgitAy and im @ BONZA BORE Goid Soil Anomaties MAPLE PROSPECT ~ Goi Soil A kilometres uae Al @ 167% Cu 7) Gold Sol Anomaly EVAN (Cu, 2», D2 ane CASTLE PI SPECT eters S for Cu-Zn targets » (Golden Grove)
Slide 26: Gidgee Belt: A High Grade Golden Future