"MINERAL HOLDINGS AUSTRALIA PTY., LIMITED" EL 11 / 2000 ALLUVIAL DRILLING PROGRAM ENDURANCE MINE DERIVED FROM OPEN FILE 73 - 0933 PERCUSSION DRILL LOGS W.L. SIDES - CONTRACTOR B.M.I. MINING LIMITED "LOCATION: No Grid Location Provided in Logs, refer map in report 73 - 0933" CONVERSION FACTORS USED: foot = 0.3048 metres ounce/cubic yard = 37.07978 grams/cubic metre DRILL LOG RECALCULATION - HOLE P 175 SECTION GRADE ECONOMICS LITHOLOGIC LOG FROM TO INTERVAL WEIGHTED CALC m m m gm/m3 TOTAL WASH HOLE INTERVAL 0.00 3.66 3.66 0 0 Silt 3.66 9.14 5.48 0 0 Coarse sand 9.14 18.29 9.15 0 0 Coarse sand & small bands white clay 18.29 19.81 1.52 26.33 40.12 40.12 """" 19.81 21.34 1.52 18.54 28.25 28.25 """" 21.34 22.86 1.52 43.38 66.12 66.12 """" 22.86 24.38 1.52 31.89 48.60 48.60 """" 24.38 25.91 1.52 736.78 1122.85 1122.85 Coarse sand & wash 25.91 27.43 1.52 67.49 Decomposed granite 27.43 28.96 1.52 34.48 """" 28.96 30.48 1.52 14.09 """" 30.48 32.00 1.52 6.67 """" 32.00 33.53 1.52 6.30 """" 33.53 35.05 1.52 1.85 """" 35.05 36.58 1.52 6.67 """" 36.58 38.10 1.52 3.34 """" 38.10 39.62 1.52 0.00 """" 39.62 1305.94 1305.94 0 25.91 25.91 50.41 Previous 26.21 m at 58.6 gm / m3 18.29 27.43 9.14 142.88 Overburden 18.29 m Ore 9.14 m at 142.88 gm / m3 Stripping Ratio 2 : 1 Grade Increase 2.4 X "MINERAL HOLDINGS AUSTRALIA PTY., LIMITED" EL 11 / 2000 ALLUVIAL DRILLING PROGRAM ENDURANCE MINE DERIVED FROM OPEN FILE 73 - 0933 PERCUSSION DRILL LOGS W.L. SIDES - CONTRACTOR B.M.I. MINING LIMITED "LOCATION: No Grid Location Provided in Logs, refer map in report 73 - 0933" CONVERSION FACTORS USED: foot = 0.3048 metres ounce/cubic yard = 37.07978 grams/cubic metre DRILL LOG RECALCULATION - HOLE P 127 SECTION GRADE ECONOMICS LITHOLOGIC LOG FROM TO INTERVAL WEIGHTED CALC m m m gm/m3 TOTAL WASH HOLE INTERVAL 0.00 2.13 2.13 0 0 Black silt 2.13 9.75 7.62 0 0 Grey silty sand 9.75 14.02 4.27 0 0 Fine sand & clay 14.02 17.98 3.96 0 0 Free fine sand 17.98 19.20 1.22 0 0 "Fine sand , bands of clay" 19.20 20.42 1.22 0 0 light brown fine sand 20.42 23.77 3.35 0 0 Hard white clay 23.77 24.69 0.91 0 0 Drift 24.69 25.30 0.61 0 0 hard brown clay 25.30 30.48 5.18 0 0 """" 30.48 32.00 1.52 12.98 19.78 19.78 "Fine sand, bands of clay" 32.00 33.53 1.52 9.64 14.69 14.69 33.2 to 34.14 m Hard white clay 33.53 35.05 1.52 2.97 4.53 4.53 34.14 to 34.44 m Coarse sand & clay bands 35.05 36.58 1.52 3.34 5.09 5.09 34.44 to 40.54 m Fine silty sand 36.58 38.10 1.52 4.08 6.22 6.22 """" 38.10 39.62 1.52 3.34 5.09 5.09 """" 39.62 41.15 1.52 125.33 191.00 191.00 40.53 to 40.84 Hard green & white clay 41.15 42.67 1.52 241.39 367.88 367.88 40.84 to 42.37 m Fine sand 42.67 44.20 1.52 369.32 562.84 562.84 Coarse sand wash 44.20 45.72 1.52 433.7 660.96 660.96 """" 45.72 47.22 1.52 258.45 393.88 393.88 """" 47.22 48.77 1.52 187.25 285.37 285.37 """" 48.77 50.60 1.83 364.13 665.99 665.99 Decomposed granite ? 50.60 52.12 1.52 221.00 336.80 336.80 """" 52.12 53.65 1.52 6936.56 10543.57 10543.57 """" 53.65 55.17 1.52 284.03 432.86 432.86 """" 55.17 56.08 0.91 219.14 200.29 200.29 """" 14696.85 14696.85 0 56.08 56.08 262.07 Previous 56.08 m at 262.1 gm / m3 39.62 56.08 16.46 892.88 Overburden 39.62 m Ore 16.46 m at 892.88 gm / m3 Stripping Ratio 2.4 : 1 Grade Increase 3.4 X "MINERAL HOLDINGS AUSTRALIA PTY., LIMITED" EL 11 / 2000 ALLUVIAL DRILLING PROGRAM ENDURANCE MINE DERIVED FROM OPEN FILE 73 - 0933 PERCUSSION DRILL LOGS W.L. SIDES - CONTRACTOR B.M.I. MINING LIMITED "LOCATION: No Grid Location Provided in Logs, refer map in report 73 - 0933" CONVERSION FACTORS USED: foot = 0.3048 metres ounce/cubic yard = 37.07978 grams/cubic metre DRILL LOG RECALCULATION - HOLE P 118 SECTION GRADE ECONOMICS LITHOLOGIC LOG FROM TO INTERVAL WEIGHTED CALC m m m gm/m3 TOTAL WASH HOLE INTERVAL 0.00 9.14 9.14 0.00 0.00 Sand and silt 9.14 18.29 9.14 0.00 0.00 Brown silt and sand 18.29 19.81 1.52 28.92 44.07 19.81 21.34 1.52 88.62 135.06 21.34 22.86 1.52 127.93 194.97 194.97 Sand and silt 22.86 24.38 1.52 1152.08 1755.77 1755.77 Sand and wash 24.38 25.91 1.52 6789.35 10346.97 10346.97 Fine sand 25.91 27.43 1.52 1368.99 2086.34 2086.34 Decomposed granite 27.43 28.97 1.52 76.38 116.40 116.40312 """" 28.97 29.41 0.46 17.06 7.85 """" 29.41 14687.43 14500.45 0 29.41 29.41 499.40 Previous 27.74 m at 529.87 gm / m3 21.34 28.97 7.63 1900.45 Overburden 21.34 m Ore 7.63 m at 1900.45 gm / m3 Stripping Ratio 2.8 : 1 Grade Increase 3.6 X