Queensland Minerals

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

MOUNT GUNYAN

44313

12.2 KM ENE OF TEXAS.

Date Recorded:

Descriptive Location:

Grid Reference:

Latitude -28.8322 Longitude 151.2892

ABANDONED, ACTIVE PROSPECT

AMG Zone 56 333100 mE 6809400 mN

1:100 000 sheet Number and Name: 9140 TEXAS

9/December/2005

Other Names for Deposit / Mine

Beau Creek

Mt Gunyan

Commodities

Size

Size Definition

SILVER

SMALL

5 - 500 tonnes AG

GOLD

VERY SMALL

<0.5 tonnes AU

ZINC

VERY SMALL

<200 tonnes ZN

LEAD

VERY SMALL

<1000 tonnes PB

Production Details

Published Reserves/Resources

INFERRED MINERAL RESOURCE

2200000 tonnes Ore @

BR 6800 Published in 2001

FOR

290400 Kilograms SILVER

132.00 g/t SILVER

FOR

2068 Kilograms GOLD

0.94 g/t GOLD

Resource figures listed above are NOT JORC compliant.

Year

Author

Published Reference ID

2001

MACMIN LIMITED

BR 6800

ANNUAL REPORT 2001

MACMIN LIMITED

Comments

Year Completed

Year Commenced

Major Mining Related Events

Mining Operations

Comments

OPEN CUT MINING

UNDERGROUND MINING METHODS

DREDGING

SURFACE MINING METHODS

Tenure Type/Number

Company Name/Surname

SHARE

EPM

8854

TEXAS SILVER MINES PTY LTD

100.00%

Host Rock/Cover Sequences

Structural Unit

Formation Name/Age

TEXAS SUBPROVINCE

Silver Spur beds / EARLY PERMIAN to EARLY PERMIAN

Deposit Model

GENERAL ORE BODY MODEL

EPITHERMAL VEINS/PIPE/STOCKWORK

VEIN

Mineralisation Age

ORE

Comments

Web Page

http://www.macmin.com.au/