Webbs Patch, Black Tank well (Doray 100%)

In March 2010, the Company announced it had purchased 100% of its Webbs Patch gold project, adjacent to and long strike from Silver Lake Resources’ 1Moz Tuckabianna project. The project contains a number of advanced exploration targets, including the 550m long Brilliant prospect, which contains a zone of coherent, westerly dipping gold mineralisation. The Brilliant prospect has not been tested below a depth of 40m and is located in a similar position to Silver Lake’s Genesis discovery. Aside from the Brilliant prospect, drilling across the project is generally shallow.

Webbs Patch also contains a small combined oxide and primary gold resource containing 6,600 ounces.

Doray’s immediate plan is to test for depth extensions to Brilliant and define a potential maiden resource as well as testing a number of other targets within the property.

In August 2010, Doray announced it had reached agreement with Aspire Mining Ltd to purchase Aspire’s Black Tank Well and Tuckanarra projects.


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