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Staff Writer

Fraser Range Metals Group Limited (ASX: FRN) has signed contracts with two geophysical acquisition companies for the upcoming aeromagnetics and ground gravity surveys at its 100% – owned Fraser Range Project, located within the Albany – Fraser Orogen in Western Australia.

Fraser Range preparing to launch to aerial surveys

MagSpec Airborne Survey Pty Ltd was selected to undertake a high – resolution aeromagnetics survey over all three of FRN’s tenements in the Fraser Range.

The survey will be flown survey is scheduled for the last week of November and will take three to four days to complete.

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Atlas Geophysics Pty Ltd was selected to undertake a high – resolution ground gravity survey over all three of FRN’s tenements in the Fraser Range.

The survey will be on 200m line – spacing and 100m station – spacing , resulting in approximately 2, 150 stations. The gravity survey will run in parallel to the aeromagnetics survey. It will take two to three weeks to complete.

Southern Geoscience Consultants ( SGC ), who have extensive experience in geophysical surveys and modelling in the Fraser Range, will design and manage the two surveys.

Upon delivery of the final data, SGC will then model and interpret both the gravity and aeromagnetics data, in order to generate target areas for follow-up exploration work.

The data processing and interpretation will take approximately six weeks, after which a detailed electromagnetics (EM) survey and drill programmes will be planned.

In addition to these two geophysical surveys, FRN intends to immediately undertake a small reverse – circulation (RC) drilling programme in order to drill – test several gold anomalies previously identified at the Project.

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