A farm-in agreement with Rubicon Resources Limited gives Kingsgate the right to earn a 70% in the project through expenditure of $600,000 over a four year period. Exploration will initially involve geochemical sampling and interface drilling.

Infill surface geochemistry and broad spaced (600mN x 100mE) interface RAB drilling has tested several gold in soil anomalies that lie adjacent to the interpreted Kanowna Shear Zone and Salt Creek Fault structures within the Yalla Burra Project. Best results have been encountered beneath the gold in soil anomaly in the north-western most corner of the tenements (including 3m @ 130ppb Au).