Queensland Minerals

A Summary of Major Mineral Resources, Mines and Projects, 2nd Edition

MOUNT MILLICENT

503313

8.6KM ENE OF MOUNT CUTHBERT MINE.

Date Recorded:

Descriptive Location:

Grid Reference:

Latitude -19.9592 Longitude 139.9889

ABANDONED, ACTIVE PROSPECT

AMG Zone 54 394197 mE 7792715 mN

1:100 000 sheet Number and Name: 6858 ALSACE

6/January/2006

Other Names for Deposit / Mine

Commodities

Size

Size Definition

COPPER

SMALL

500 - 50 000 tonnes CU

GOLD

VERY SMALL

<0.5 tonnes AU

Production Details

36

Period:

1/01/1936

31/12/1936

to

tonnes ore

COPPER

OTHER

2.4 tonnes

20.00 percent

GOLD

BULLION

0.0 kilograms

0.56 grams per tonne

Published Reserves/Resources

INDICATED MINERAL RESOURCE

231000 tonnes Ore @

BR 7701 Published in 2005

FOR

2310 Tonnes COPPER

1.00 % COPPER

Comments/Cut Off Factor:

0.3% Cu

Resource figures listed above are JORC compliant.

Year

Author

Published Reference ID

2005

MATRIX METALS LIMITED

BR 7701

MATRIX METALS LIMITED ANNUAL REPORT 2005

MATRIX METALS LIMITED

Comments

Year Completed

Year Commenced

Major Mining Related Events

Mining Operations

Comments

SHAFTS

Main shaft (northern most) inclined to the east.

UNDERGROUND MINING METHODS

OPEN CUT MINING

Tenure Type/Number

Company Name/Surname

SHARE

MDL

75

MATRIX METALS LIMITED

100.00%

ML

90141

MATRIX METALS LIMITED

100.00%

Host Rock/Cover Sequences

Structural Unit

Formation Name/Age

KALKADOON-EWEN PROVINCE

Argylla Formation / PALAEOPROTEROZOIC to

PALAEOPROTEROZOIC

Deposit Model

GENERAL ORE BODY MODEL

HYDROTHERMAL VEINS/PIPE/STOCKWORK

DETAILED ORE BODY MODEL

PROTEROZOIC STRUCTURALLY-CONTROLLED

COPPER-GOLD

Mineralisation Age

ORE

PROTEROZOIC

Comments

Web Page

http://www.matrixmetals.com.au/