Mount Chalmers

Regional geological setting of the Mount Chalmers and Mount Wheeler Projects



Mount Chalmers deposit

The Mount Chalmers Project covers volcanic-hosted massive sulphide copper-gold deposits in the Early Permian Berserker Group, including the historic Mount Chalmers Mine site.

Recorded production from underground and open cut mining at Mount Chalmers from 1898-1982 was approximately 1.2Mt @ 3.6g/t Au, 2.0% Cu, 19g/t Ag for 142koz Au, 53Mlbs Cu, 758koz Ag.

The project contains a remaining Indicated and Inferred Mineral Resource of approximately 3.6Mt @ 0.8g/t Au, 1.2% Cu, 8g/t Ag for 96koz Au, 97Mlbs Cu, 924koz Ag.

The Mount Chalmers Mine area has not been drilled since the early 1980s, except for minor extension drilling beneath the open cut during 1995. The average depth of exploration drill holes is only about 80m. Large areas of Echo's tenements are untested by drilling or have only been tested by shallow drilling.

Drilling results:

• 20m @ 4.2g/t Au / 1.8% Cu from 140m
• 12m @ 6.0g/t Au / 0.36% Cu / 64g/t Ag from 39m
• 27m @ 2.4g/t Au / 0.76% Cu / 24g/t Ag from 21m
• 16m @ 3.2g/t Au / 2.6% Cu from 116m
• 9.5m @ 6.0g/t Au / 5.5% Cu from 95m
• 10m @ 5.2g/t Au / 0.57% Cu / 65g/t Ag from 12m

Echo Resources Limited
992 Albany Highway
East Victoria Park
WA 6101

TEL +61 8 9362 4806
FAX +61 8 9355 3264

admin@echoresources.com.au