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Borium Project

California Project

Carbine-Holmes Project

Crystalhaven Project

Esmeralda Project

Ewan Project

Featherbed Project

Kidston Extension Project

Maneater Project

Silver Valley-Brownville Project

Stannary Hills Project

Projects

Carbine-Holmes Project

The tenements around the Mt Carbine No.1 Mine, forming the Mt Carbine Extension, are a historically rich region for tin-tungsten mineralisation. The Mt Carbine No.1 Mine itself generated over 16,000 tonnes of tungsten during operation extracted from sheeted vein and skarn systems known to extend over 7 km long and to depths of over 650 metres.

 

These systems contained within the Kangaroo Metals’ tenements are represented in a high density of near vertical veins up to 2 metres wide and have been shown to represent significant resources at both Mt Holmes and Station Creek.

According to historical data, the Mt Holmes tin-tungsten greisen has a significant 1999 JORC compliant resource of 10 million tonnes containing 7,000 tonnes of cassiterite and 1,000 tonnes of wolfram. Station Creek is reported to hold a 1999 JORC compliant inferred resource of 46 million cubic meters containing 8,280 tonnes of cassiterite.

 

Exploration Plan

KML is currently initiating work at Mt Holmes, Station Creek and additional tin, tungsten and gold targets including Little Plum Creek, Lustre Creek, Holmes Creek and Rifle Creek. A review of company reports has shown the Mt Holmes tin-tungsten greisen to be a significant target to advance to JORC compliance.

Mt Holmes is reported to have a sheeted vein system in a zone 250 meters wide and 500 meters in length. There is a central zone with high vein density, which will be the main area of interest.

In addition, Station Creek is reported to be a significant alluvial zone yet to be mined. Additional smaller mineralisation zones at Little Plum Creek, Rifle Creek and Lustre Creek are expected to add to the projects metal inventory.

 

 

 

 

Strategy

KML will be mapping and performing site preparation for an initial 1500 meter drill program in the third quarter of 2007 to supplement the currently held data, with follow-up programs of 1500-3000 meters expected in the fourth quarter of 2007. Soil and stream geochemistry will also be performed across Station Creek, Lustre Creek, Rifle Creek, Holmes Creek and Little Plum Creek to determine the economics of gold and tin recovery from these sites.