Aeromagnetic images of the concealed greenstone stratigraphy in the project area closely resemble the overall structural form of the famous Golden Mile in the Kalgoorlie-Boulder goldfield. Similar Archaean age geological architecture can also be observed in other highly endowed gold districts, such as at Timmins in the Abitibi Greenstone Belt of southern Ontario.

Prospectivity at Montague is rated as high, based on the above observation, a lack of effective historic exploration beneath widespread transported cover, and strong geochemical and geophysical results achieved to date.

Further encouraging results were achieved during 2003 with completion of rotary air blast (RAB) drilling (37 holes for 1,854 metres) at the Victory Creek and Hypotenuse prospects.

At Victory Creek the drilling closed off an arsenic geochemical anomaly to the north, but extended it a further 600 metres to the east. The mineralised zone at Victory Creek has no surface expression, and is characterised by intense, widespread alteration indicative of a potentially large mineralised system.

At Hypotenuse, located two kilometres south-west of Victory Creek, limited drilling on 100 metre spaced lines tested an arsenic-gold geochemical corridor.

Results included widespread arsenic anomalies to 1,637ppm and gold to 0.11g/t, associated with ferruginous quartz veining within metavolcanic- sedimentary host rocks.

Hypotenuse is located on a five kilometre long shear zone that is up to 60 metres wide and concealed beneath 5 to 30 metres of transported cover. As is the case at Victory Creek, this zone has undergone minimal previous exploration.

Further deep RC drilling is planned at both prospects.