This report details the second stage of exploration undertaken on the licence. Detailed stream sediment geochemistry was used to delineate possible areas of epithermal mineralisation. Work has identified a gold anomalous palaeostream channel in the southern portion of the licence near Forest Road. Regional geophysics in the area have defined a possible body of clay alteration at depth. Significant precious-metal mineralisation is possibly situated near the surface within the host rock. Two geophysical prospecting licences are proposed to cover the geophysical anomaly identified.