Exploration and Evaluation
The Company has made a number of strategic tenement acquisitions of recent to further strengthen its strategic regional position. The Company now holds a substantial portfolio of both copper/gold and base metal targets within the region ranging from early stage which have achieved encouraging exploration results to date, to advanced prospects with JORC compliant Resource which were not included in the feasibility study;
Above and below: Tectonic holds a large area of tenements within the region containing a number of targets identified that potentially contain Kundip or Trilogy style mineralization.
| Prospect | Comments |
| Queen Sheba | 100% PRM. Inferred Resource. |
| Gift South | 100% PRM. Shallow gold mineralisation intersected. |
| Mt Desmond | 100% PRM. Inferred Resource. |
| Munglinup | 100% PRM. Tropicana style target. |
| James Henry | 100% PRM. |
| Mt Iron | Binding H of A in place. |
| Bandalup Gossan | Farm-in to 70%. |
| PLP/FED | 100% PRM. |
| No Tree Hill | 100% PRM. Awaiting results. |
| Hecla | 100% PRM. |
| Gem Restored | 100% PRM. |
Phillips River Mining
First Floor
1315 Hay Street
West Perth WA 6005
PO Box 871
West Perth WA 6872
Tel: (08) 6254 3900
Fax: (08) 6254 3999
Email: info@phillipsriver.com.au