LOCATION

The Mase Project is located on northern end of New Georgia Island in the Western Province of the Solomon Islands. The New Georgia Island is part of the New Georgia Islands Group, approximately 1.5 hours flight time from Guadalcanal and Honiara, the Capital city of the Solomon Islands. See our location map.

EXPLORATION

Current trenching by XDM Resources has identified excellent resource potential for copper-gold mineralisation (porphyry style) within the Mase volcanic caldera as well as untested exploration targets within the adjoining Pundakona volcanic caldera. See Mase Project Map.

Mineralisation identified to date exposed in the base of the volcanic caldera (Mase) extends over an area of >8km2. Several untested targets have been identified via trenching in conjunction with new airborne magnetic data completed by XDM Resources in 2008. An Induced Polarisation (geophysics) survey will be completed prior to the commencement of a Phase 1 drill programme in the second half of 2008. XDM Resources exploration sampling highlights to date include:

• Trench results of 41m at 0.81 g/t Au and 0.12% Cu
  
• Visible gold identified in outcrop with a maximum result of 545 g/t Au and 142 g/t Ag

Outstanding exploration potential also exists in an adjoining volcanic caldera (Pundakona) which has been isolated from modern mineral exploration due to its previous remoteness. Testing of targets within this caldera will now be accelerated via new airborne magnetic data completed in 2008 by XDM Resources together with recent logging road access throughout the caldera.