·     Reverse Circulation (RC) drilling was used to obtain 1m samples from a 4.5 inch diameter drill hole.  Drilled material was split with an onboard riffle splitter connected to the cyclone to obtain an approximately 3-5kg representative sub-sample that was bagged and sent to the laboratory for assay. This is industry standard work.

·     All RC samples were sent for assay after being logged by the geologist.

·     The RC samples were sent to ALS Laboratories in Zillmere QLD.

·     Samples were crushed to sub 6mm, split and pulverised to sub 75µm in order to produce a representative sub-sample for analysis.

·     Analysis of the diamond drill and RC samples consisted of a four-acid digest and Inductively Coupled Plasma Optical Emission Spectrometry (ICP-OES) for the following elements: Ag, Al, As, Ba, Be, Bi, Ca, Cd, Co, Cr, Cu, Fe, Ga, K, La, Li, Mg, Mn, Mo, Na, Ni, P, Pb, S, Sb, Sc, Sn, Sr, Th, Ti, Tl, U, V, W & Zn. The samples were also assayed for Nb, Sn, Ta, and W using a lithium borate fusion and ICP-MS technique. If over detection on the ICP was reached, then the samples were assayed using XRF. Standards and blanks were inserted at a rate of 10%.

·     All drilling samples were analysed and hence no prior determination of mineralisation was made.

Percussion drilling was undertaken by contractors Schonknecht Drilling, using a face sampling 4.5 inch "Black Diamond" hammer, 137mm PED (polycarbonate diamond) bit and a 4.5 inch, 6m stainless steel rod.  A tight shroud (3mm gap) ensured the holes remained as straight as possible.  A 350psi, 900cfm compressor was used to keep holes dry and ensure all heavy minerals such as cassiterite are recovered.

·    All RC samples are weighed.  This gives a good idea as to recovery for the 1m intervals sampled as the density does not vary significantly.  Recovery is estimated to be very good in general.  A high pressure and volume compressor is used to endure good sample return and to keep holes dry.  No significant water was encountered meaning sample quality is good.  The hole is cleaned out with compressed air after every rod change and no significant volume of material is returned via this process.

·    No relationship can be seen between recovery and grade.  No sample bias is noted.

·    All RC cuttings have been geologically logged to a level of detail to support appropriate mineral estimation, mining, and metallurgical studies. 

·    All RC logging is semi-quantitative in nature, following a strict set of guidelines, with percentage estimates made.  Representative sub-samples are collected, sieved and generally panned to estimate heavy mineral content.  A sub-set of rock chips are kept in chip-trays for reference.

·    All RC cuttings are weighed then riffle split to obtain between 3kg and 5kg of sample.  All samples are dry.  The sub-sample is sent to ALS laboratory in Brisbane.

·    Sample sizes are considered appropriate for the material being sampled as the tin mineralisation occurs as cassiterite (SnO₂) within sub-vertical veins that are between 0.05mm and 0.5cm wide (rarely to 5cm) and cassiterite crystals are smaller than vein width.  Vein density varies from about 5/m to greater than 20/m and hence several veins are sampled in each metre.  This compares with sample size that is approximately 10,000 cm³ for RC and 3,200cm³ for HQ Core before sub-sampling.

·    Drilling is at an angle of -60° or less and hence cuts across veins that are sub-vertical (-90°).

·    At the ALS laboratory in Brisbane, the sample of RC chips is crushed and split to less than 3kg if appropriate using method CRU-21.  The entire sample or sub-sample is then pulverized in a mill to 85% finer than 75µm using method PUL-23.

·    Tin is a difficult element to analyse as cassiterite is not soluble in acid.  Thus, a sub-sample of the pulverized and mixed material is taken and fused with lithium borate.  The fused bead is then analysed by a mass spectrometer using method ME-MS85 which reports Sn, W, Ta and Nb.  This returns a total tin content, including tin as cassiterite.  Over limit assays of tin are re-analysed using method ME-XRF15b which involves fusion with lithium metaborate with a lithium tetraborate flux containing 20% NaNO₃ with an XRF finish.

·    Other elements are analysed by method ME-ICP61.  This involves a 4 acid (HF-HNO₃-HCLO₄ digest, HCl leach and ICP-AES finish).  This is an industry standard technique for Cu, Pb, Zn and Ag.  A suite of 34 elements are reported, including tin, which is only acid soluble tin in this case and thus can be subtracted from the fusion tin assays to obtain tin as cassiterite.  The acid soluble tin is generally associated with stannite and in the lattice of silicates.  It is generally insignificant is relation to tin as cassiterite at Taronga.

·    Prior to dispatch of samples, the following QaQc samples are added:

o    Certified standards representative of the grades expected are added at the rate of 1 in 40 samples

o    Blanks are added at the rate of 1 in 40 samples

o    Duplicates are added at the rate of 1 in 20 samples for RC.  These are riffle split from the original sample on site.

o    For diamond drilling, the half core is split into two quarter cores every 1 in 20 samples and these are sent as duplicates

·    All QAQC data is within acceptable limits, with re-assay of any out of specification batches undertaken.

·    All data is recorded on site in Excel spreadsheets and this is later transferred to an Access database - the main data repository.  Detailed protocols for data recording, logging codes etc are used. 

·    All drillholes are pre-planned and located by use of handheld GPS.  Holes are sited using Devico gyro navigation.  All hole collars are surveyed in accurately post drilling with RTKGPS (+-0.1m).

·    All RC holes are surveyed using downhole magnetic surveys.

·    All holes have surveys approximately every 30m downhole.

·    The grid system used is GDA94, zone 56.

·    Topography is obtained from government data.

·    Drill hole spacing is not designed to enable resource estimation and is only considered to be first pass exploration at present.

·    The drilling is oriented at about 80-90° to the orientation of the sheeted veins. 

·    The veins are sub-vertical and the drilling is angled at -60° to be as close as possible to cutting across the veins at 90°. 

·    As drilling was designed to cut the main sheeted veins at as high an angle as possible. The potential for any introduced sampling bias is considered minor.

·    A chain of custody was maintained for all TMPL drilling.

·    The project is secured by one granted tenement: EL8335 which is currently in good standing.  This is held 100% by TMPL. 

·    No joint ventures or other encumbrances are known. The underlying properties are mainly Crown Land and town common.

·    These are subject to Native Title.  No native title claims existed at the time the tenements were granted but a statewide  native title claim on crown land is believed to exist.

·    No national parks, historical sites or environmental constraints are known. 

·    The only royalty is the state of NSW royalty of 4% on tin mined.

·    Mining was undertaken by Loloma during the 1970s and 1980s.  Limited exploration studies were undertaken by EZ/Loloma, Billiton, Mineral Deposits and Base Minerals between the 1970s and 1980s.  This data provides some guidance but location of drillholes is inaccurate and can only be confirmed within +/- 10-20m.  This has not, and will not, be used for any future resource estimation work.

·    The deposit is a sheeted vein style tin +/-  zinc-copper-silver deposit with horizontally and vertically extensive veins of quartz-mica-cassiterite-sulphide+/-fluorite-topaz occurring over a combined area of up to 3,000m by 600m. 

·    The veins vary in thickness from less than 0.5mm to 100mm but are generally between 1mm and 10mm thick and average about 20 veins per metre.

·    The host rock is a felsic volcanic or volcaniclastic sediment. 

·    The source of mineralising fluids is interpreted to be an underlying intrusion of the Triassic Mole Leucogranite, a reduced, highly fractionated, A to I type granite.  The metals of interest (Sn, Cu, Ag) are interpreted to have been enriched in the late magmatic fluid of this granite via enrichment of incompatible elements during fractional crystallisation.  Breaching of the magma chamber during brittle faulting in an ENE orientation has tapped these enriched fluids which have subsequently deposited the metals due to changing temperature and pressure conditions and/or mixing with meteoric fluids.

·      See Attachment 1 - Drill Hole Details.

·    All intercepts shown are weighted averages of uncut data.  The intervals are based on a nominal lower cut-off of 0.05% Sn. 

·    The only high grades are due to very thick veins with coarse cassiterite.  These are shown in the table, as to leave them out would give an unrealistic view of grade variability. 

·    No metal equivalent grades are quoted.

·    As mineralisation is sub-vertical and holes dip at -60°, actual true widths are around 50% of interval widths.

·    True widths are shown in the attached table.

·    Plan and section views provided. 

·    All results obtained to date are reported.

·    The accompanying document is considered to represent a balanced report.

·    No other exploration data is reported here.