RECENT WORK – 1ST QUARTER CALENDAR YEAR 2007
Recent RC drilling at the Anthill Prospect has seen the completion of 4,829 metres in 48 drill holes, completed on 50 metres to 100 metres spaced cross sections.  The programme has targeted a zone of strong copper in soil anomalism which includes previously identified mineralisation.  Drill holes completed have been both of an infill and extensional nature relative to the previously defined mineralisation envelope. Best results include:

BR06018	38 metres @ 2.71% Cu from 48 metres
BR06023	37 metres @ 2.10% Cu from 110 metres
BR06024	54 metres @ 1.18% Cu from 75 metres
BR06040	26 metres @ 1.69% Cu from 36 metres including 15 metres at 2.60% Cu
BR06041	29 metres @ 0.78% Cu from 23 metres
BR06035	23 metres @ 0.75% Cu from 36 metres

Despite the wide-spaced nature of the drilling, the numerous ore grade results recorded from the programme confirm oxide resource potential of the Anthill Prospect.  Significant drill mineralisation has been recorded over a 600 metres x 300 metres area, within a broader anomalous area defined by surface geochemistry.

Pervasive malachite mineralisation is hosted by oxidised, haematitic dolomitic siltstone.   Re-interpretation of recent geology and assay data is indicating hitherto unrecognised structural complexity, with potential for open zones of mineralisation on newly recognised southwest and southeast oriented structural controls.  Southwest extension of the main zone of mineralisation is supported by anomalous surface geochemistry in that direction.  Strong surface geochemistry located to the north of the existing drill coverage also remains untested by drilling.

A follow-up dill programme comprising another 5,000 metres of RC drilling is underway.

The Johnson Creek Prospect lies in a structurally complex setting along the Johnson Creek Fault and is marked by ferruginous bodies with elevated levels of copper and cobalt.  MIM drilled six holes into the area intersecting minor copper values.  The Prospect currently represents an early stage exploration target, which requires further work in order to gain a better understanding of the geological controls to the potential copper mineralisation.