Company Strategy

• Encourage investment through the application of geophysics.

Extensive drill data

Quality drilling data from previous operators shows good potential for strike and dip extensions to known mineralisation. Previous Explorer – Commissioners Gold Limited

• Drilling aimed to re-open a historic gold field – several prospects within mineralised corridor over 2.8 km long
• Aim to add to existing Inferred Resources at Cowarra
• Drilling intersected down dip extensions of Ambassador, Independent and Victoria Lodes
• Validation of interpreted geology – high-grade gold mineralisation hosted by shear zones
• Significant gold intersections from four diamond drill holes, including1:
1 m at 6.54 g/t Au from 97.22 m – Ambassador Lode 1 m at 11.95 g/t Au from 209.4 m – Independent Lode 3 m at 4.38 g/t Au from 279.5 m – Victoria Lode 1.76 m at 8.70 g/t Au from 128.68 m – Ambassador Lode
• Further potential down dip and along strike

1 – See ASX announcement dated 6 December 2011 for full details CGU (ASX:GMN)

Suggest completion of a full IP survey of the target zone and drill testing of anomalies. The preliminary survey could consist of 4 lines of east-west dipole-dipole IP, 2 of which could be run over the best existing deep target being the intersection of the mineralised corridor and the deep, cross- cutting, possible source intrusion; and 2 of which could be run on section lines over known mineralisation intersected in past drill holes.