ERDENET 1
- Assay 2006 detailed survey over areas E1, E2 and E3.
- Sample and assay E4 and E5
- Geophysics (gravity + magnetic then IP) over targets identified in E1, E2 and E3 areas.
- Mapping and reconnaissance soil/chip sampling and assaying over other areas.
- Drill test targets identified on E1, 2 and 3
(contingency for 1,500m RC drilling program - $120,000 - additional to that outlined in the table).
ERDENET 2
- Reconnaissance soil/chip sampling and assaying over targets B1 and B2
- Geophysics (gravity + magnetic then IP) over B1 and B2.
- Investigate potential to peg additional exploration leases
HENTII
- Reconnaissance soil/chip sampling and assaying over targets H1 and H2
- Geophysics (gravity + magnetic then IP) over H1 and H2.
- Investigate potential to peg additional exploration leases
|
|
Annual Rental |
11,127.40 |
Sampling |
5,000.00 |
Assaying |
30,000.00 |
Geophysics |
40,000.00 |
|
86,127.40 |
|
Annual Rental |
7,908.00 |
Sampling |
7,000.00 |
Assaying |
30,000.00 |
| |
44,908.00 |
|
| Annual Rental |
1,963.60 |
| Sampling |
5,000.00 |
| Assaying |
20,000.00 |
| Geophysics |
15,000.00 |
| |
41,963.60 |
| Exploration Total |
$172,999.00 |
| OPTION PAYMENTS |
$135,000.00 |
| 2007 TOTAL |
$307,999.00 |
|
