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9 December2008
Appointment of new Board members and Director Resignation

Mr Peter Barrow has resigned as a Director of Cluff Resources Pacific NL and its subsidiaries, effective from today (9th December 2008).

Peter has advised that he has recently taken on the position of Chairman with one of the other listed companies he currently serves as a Board member, and as a result finds it difficult to accommodate all current responsibilities. The Cluff Board has appreciated his valuable input over the past 5 years.

While Peter’s contributions will be missed, the Company also considers this an opportunity to introduce new Board members whom it feels will similarly provide the necessary drive and enthusiasm to successfully progress Cluff’s current development opportunities.

The Board is pleased to introduce Mr Peter Ashcroft and Mr Ian Johns as our new Board appointees.

Peter Ashcroft is a commercial law specialist with over 30 years experience. He is the owner and principal of Ashlaw Legal Services, which is a specialised commercial legal practice focusing upon the provision of advice to natural resource companies, both in production and exploration stages, and logistic and transport businesses.

Peter is familiar with mining and resource developments throughout Australia, and has advised on joint ventures in Indonesia, New Zealand, Philippines, India, USA, Sweden, Ghana and Canada. He has been Cluff’s principal legal advisor for over 5 years, and has over the course of his career been principal legal adviser for a wide range of major commercial transactions. The Company welcomes his extensive knowledge and business acumen at a time when we are engaged in a number of potentially significant project discussions. Peter has additionally agreed to accept the position of Acting Chairman.

Ian Johns brings 20 years of operational business experience to the Cluff Board. He is consults in the manufacturing industry as a business developer and contract negotiator, and was a founding Director of Royalco Resources, a successful royalty income-based mineral exploration company. He is currently organising the licensing of a services business.

Ian has been a prominent long term shareholder and supporter of the Company, and was recommended for nomination to the Board by Martin Place Securities, with whom he has a working relationship. His appointment has been endorsed by departing Board member Mr Barrow.

Scott Enderby
Company Secretary

 

4 December2008
Assay Results, Hole EG1 (Upper Part), Egerton Gold Project

Assays from the upper part of Hole EG1 at Mount Egerton show only traces of gold mineralization in the thin quartz veins forming the southern extension of the Black Horse Reef. These were not the primary target of the drilling, which will test the extension at depth of the Egerton Reef beneath old workings. Completion of Hole EG 1 to its target at 600 metres has been delayed by the transfer of title on the ground on which the hole is being drilled from a MIN to an Exploration Licence.

The assay results are shown below:

Hole Number Depth (metres) Grade (grams/tonne)
EG1 194.5 - 194.7 0.03
EG1 225.8 - 225.9 0.02
EG1 236.3 - 236.4 0.02
EG1 339.4 - 339.6 0.02
EG1 344.3 - 344.6 0.03
EG1 346 - 346.5 0.03
EG1 346.5 - 347 0.07
EG1 347 - 347.4 0.02
EG1 347.8 - 348.1 <0.01
EG1 352.6 - 352.7 0.03
EG1 357.2 - 358 0.02
EG1 358 - 358.8 0.01
EG1 360.3 - 361 0.02
EG1 360.6 - 360.8 0.02
EG1 372.2 - 373.5 <0.01
EG1 379.7 - 379.8 0.01
EG1 399 - 399.6 <0.01
EG1 399.6 - 399.9 0.04
EG1 415.7 - 415.8 0.01
EG1 423.1 - 423.2 0.12
EG1 426.7 - 426.8 0.02

Peter Kennewell
Managing Director

 

 

30th October 2008
Egerton Gold Drilling Interpretation

The Black Horse Reef line of lode is interpreted as having been penetrated in Hole EG T1 1 at the Egerton Gold Project, with a true thickness of 9 metres (from 339 to 361 metres). Within this zone are seven quartz reefs with true thicknesses ranging from 0.1 to 0.25 metres, and a volcanic intrusion 0.4 metres true thickness. Past production from the Black Horse Reef was 303,000 tonnes at 10.1 grams of gold recovered per tonne.

Logging of the drill core has now been completed to 443 metres, the depth at which drilling operations have been temporarily deferred.

Geological interpretation shows that the sediments on the Egerton goldfield have been very sharply folded, as illustrated in the Figure above. Such folding is characteristic of many goldfields in Victoria, and when understood can provide valuable clues to the interpretation of the location of the reefs and their gold content.

A second quartz reef of true thickness 0.15 metres and carrying traces of lead and zinc sulphide mineralisation was penetrated at 399.6 metres depth.

The cores have now been transported to the Company’s Inverell workshop for slabbing of the potentially mineralised intervals, and will be sent for assay when this is completed.

The information in this report that relates to exploration results is based on information compiled by Peter John Kennewell, who is a corporate member of the Australasian Institute of Mining and Metallurgy included in a list promulgated by the ASX from time to time. Peter John Kennewell is a full time employee of Cluff Resources Pacific NL and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a competent person as defined in the 2004 Edition of the "Australasian Code for Reporting of Exploration Results, Identified Mineral Resources, and Ore Reserves". Peter John Kennewell consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.

Peter Kennewell
Managing Director



30th October 2008
Egerton Gold drilling Slurry Assays

Assay results of thirty-seven sludge samples from Hole BH_T1, the second Cluff hole drilled on the Egerton Goldfield near the historic Blackhorse Mine, are presented below.

The assays indicate a zone of anomalous gold mineralisation below 118.5 metres, with the higher values over the basal ten metres of the hole suggesting that drill mud loss, which caused cessation of the hole, was due to the presence of old unrecorded workings creating fractures in the surrounding bedrock.

These were not representative samples, as they were collected by settling of the ground bedrock from drilling mud flowing from the hole during drilling. The clay fraction would not have been included in the sample, and the sample contaminated with mud additives. The samples will not include coarser gold, which is unlikely to be washed from the hole. The assays aim to give an indication of gold values within the altered bedrock penetrated, indicating the location of reefs, as coring was not possible due to drilling conditions.

Sample Depth (metres)
Gold (grams/tonne)
Duplicate Gold (grams/tonnne)
Sample Depth (metres)
Gold (grams/tonne)
Duplicate Gold (grams/tonnne)
31.5 - 33
0.03
88.5 - 90
0.03
34.5 - 36
0.03
91.5 - 93
0.04
37.5 - 39
0.04
0.04
94.5 - 96
0.04
40.5 - 42
0.17
97.5 - 99
0.04
43.5 - 45
0.11
100.5 - 102
0.05
46.5 - 48
0.19
103.5 - 105
0.06
49.5 - 51
0.05
106.5 - 108
0.12
52.5 - 54
0.14
109.5 - 111
0.07
55.5 - 57
0.06
112.5 - 114
0.06
58.5 - 60
0.07
115.5 - 117
0.06
61.5 - 63
0.03
118.5 - 120
0.21
64.5 - 66
0.03
121.5 - 123
0.3
67.5 - 69
0.02
124.5 - 126
0.23
70.5 - 72
0.02
127.5 - 132
0.22
73.5 - 75
0.03
133.5 - 135
0.42
76.5 - 78
0.02
136.5 - 138
0.47
79.5 - 81
0.03
139.5 - 141
1.05
0.84
82.5 - 84
0.02
149.5 - 150
1.30
1.14
85.5 - 87
0.05

Two samples of the cherty bedrock on which the rig was set up on Hole EG T1 1, drilled subsequently 300 metres to the south, each yielded 0.1 grams/tonne gold.

The information in this report that relates to exploration results is based on information compiled by Peter John Kennewell, who is a corporate member of the Australasian Institute of Mining and Metallurgy included in a list promulgated by the ASX from time to time. Peter John Kennewell is a full time employee of Cluff Resources Pacific NL and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a competent person as defined in the 2004 Edition of the "Australasian Code for Reporting of Exploration Results, Identified Mineral Resources, and Ore Reserves". Peter John Kennewell consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.

Peter Kennewell
Managing Director

 

27th October 2008
Delays during Egerton Gold drilling - Drilling for source rock at Copeton Diamond Shaft

Cluff’s drilling rig is today commencing coring adjacent to the Company’s Copeton Diamond Shaft, penetrating the bedrock beneath the shaft, and seeking potential diamond bearing rocks. Tens of thousands of gem quality diamonds were recovered from several old shafts in close proximity to ours.

Cluff’s shaft clearly demonstrated that gravels do not carry significant numbers of diamonds, as was historically reported. The only alternative source from which this large number of gem diamonds mined in the past could have originated is previously unrecognised source rock within the granite basement. Accordingly we are drilling the basement to investigate whether non conventional, high grade gem diamond source rocks are present.

Dewatering bores necessary for sinking of our shaft, but no longer required, will have the metal screening at their base drilled out, and will provide cased access to the top of the basement rocks beneath the non diamondiferous gravels. Several such bores will be deepened in this program.

The Company’s drilling rig, having reached a depth of 440 metres (target depth is about 600 metres), has been required to cease operations at Mount Egerton for a minimum of four weeks for administrative reasons. Following recent discussions with the Mining Warden and senior management of the Victorian Department of Primary Industries, it was decided to amalgamate the mining tenement on which the drilling is being undertaken with the Joint Ventures’ surrounding exploration licence. During this amalgamation period no drilling activities may be undertaken. The hole will be resumed after the title transfer has been completed.

Peter Kennewell
Managing Director

 

18th September 2008
Mt Egerton Gold Project Drilling Update

Hole EG T 1, which is being drilled at the Mt Egerton Gold Project, has reached a depth of 309 metres (1,014 feet). Rocks are becoming more competent and harder with depth with several thin quartz veins, but no major reef, penetrated to date. Some smaller altered and broken zones are also present, as expected.


Drill Core from Hole EG T 1 to 151 metres depth

The hole is designed to test the gold reefs within a 250 metre wide zone across the regional scale Muckleford Fault. Within this zone the Egerton Reef is reported to have produced 590,000 tonnes of ore at a recovered gold grade of 12.6 grams per tonne, and the Black Horse Reef 303,000 tonnes at 10.1 grams of gold recovered per tonne. 392,488 ounces of gold were produced from these two reefs.

The down dip extension of the southern part of the Black Horse quartz lode, previously mined in outcrop by small pits, is expected to be intersected at around this depth, and the hole will be continued to its main target, the Egerton Reef, which is expected to be present at about 550 metres.

Peter Kennewell
Managing Director

 

3rd September 2008
Drilling Update - Mt Egerton

Drilling at the Mt Egerton Gold Project (Hole EG T 1) has reached a depth of 131.1 metres with rocks becoming more competent and harder with depth, and hence easier to drill, with silicification of some sandstones evident. No reefs have yet been intersected. Drilling through the shallower rocks necessitated reaming (widening of the hole) to allow setting of steel casing to 40 metres depth, eliminating the risk of hole collapse, and subsequently cementing of the rock formations penetrated by the hole to stop water loss between 40 and 60 metres.

Thirty nine sludge samples from the previously drilled hole (BH T 1) have been submitted for fire assay. Although not representative samples, they aim to give an indication of the background gold values in the altered bedrock between the reefs.

Peter Kennewell
Managing Director

 

13th August 2008
Egerton Reef drilling commences

The third hole of the Mount Egerton Gold Project commenced yesterday, and is currently drilling ahead at twenty two metres, having set HQ casing in hard rock at a depth of nine metres. The current good drilling conditions are gratifying, considering the Company’s need to abandon the previous two holes due to soft clays and sands at depths continuing beyond 157 metres (515 feet).

Rock currently being drilled is silicified chert atypical of the district. It is highly sheared with sparse decomposed sulphide minerals on the fractures.

The hole is designed to test the gold reefs within a 250 metre wide zone across the regional scale Muckleford Fault. It will extend between the outcrop of these “Heathcotonian” rocks which are interpreted to form basement beneath Victoria’s ubiquitous slates and sandstones, and the former Egerton mine workings and beyond.

Within this zone the Egerton Reef is reported to have produced 590,000 tonnes of ore at a recovered gold grade of 12.6 grams per tonne, and the Black Horse Reef 303,000 tonnes at 10.1 grams of gold recovered per tonne. 392,488 ounces of gold were produced from this zone.
Above the drill hole projection the Black Horse Reef appears to have been mined by a nearby deep trench, the Quarry Reef was subjected to large scale shallow mining, and the Egerton Reef, the main producing reef of the field, was worked extensively. The hole is planned to intersect each reef below previous old workings, and to test for unrecognised reefs in the intervening zones.

This hole is located approximately 350 metres to the south of the two previously drilled holes, both of which had to be abandoned at depths of 126 metres and 157 metres after intersecting puggy and poorly consolidated rocks containing old workings which could not be cemented off or cased. The casing could not be successfully sealed or cemented into the bedrock causing a lack of drill mud return which ultimately would cause the drilling rods to become stuck in the hole, and lost.

Peter Kennewell
Managing Director


29th July 2008
INDEPENDENT REPORT, INDIAN IRON ORE

I attach the Independent Expert Report prepared by N.H.Cole and Associates Pty Ltd, Project Investment and Mineral Industry Advisors, on six Applications for Mining Leases in Karnataka State, India. These AMLs have been offered to Cluff as a result of the Memorandum of Understanding between Cluff Resources Pacific NL and Sai Engineering, of Bangalore signed on 2 May, 2008.

The mining lease applications are within a district with a large amount of current and historical mining, and particularly those very close to two of the AMLs offered, the evidence of past and current illegal mining activity by artisanal mining workers within at least three of the areas offered, suggesting the presence of commercial grades of iron ore on the leases. The region produces the large majority of iron ore from the state, and is the location of at least 140 current or former high grade, low impurity haematite iron ore open pit mines.


Sampling Haematite Scree Deposit on 2511AML07

The Report encourages the Company to further investigate committing to iron ore mining in Karnataka State by highlighting the haematitic nature of the deposits, high grade of iron ore mined regionally, and low levels of silica, alumina, phosphorous and sulphur within the ores. Reported mine gate price of this iron ore is high. The smaller size of the mines and low requirement for ore processing suggests that mine establishment costs would be much lower than for many other commodities. This, together with likely low stripping ratios, and the use of contract haulage is likely to result in low production costs. Hence mining operations on these leases have potential to produce profits suitable for an emerging miner such as Cluff.


Haematite outcrop, 2511AML07

The minimal amount of exploration and geological mapping carried out to date needs to be remedied. Hence the projects are at the point where they require exploratory drilling to define a resource, rather than at mine planning stage.

Discussions with our Joint Venture Partner are continuing in order to remedy the Company’s concerns about uncertainties in time required for grant of the Mining Leases. It is now examining the possibility of purchasing additional granted Mining Leases, with the aim of obtaining near term production while grant of the applications for mining leases described in the Report is obtained.


Haematite on 2511AML07


Beds of Banded Ironstone, 2318AML07


Iron Ore Transport in Typical Thirteen Tonne Truck, 2318AML07


Scree Ore Mining Area, 2318AML07


Ridge of Banded Ironstone, 374AML08


Illegal Artisanal Miners Settlement, 374AML08


Transport of Iron Ore to Screening Plant


Screening Plant and Stockpiles, Mullock Dump from Large Open Cut in Background (in Valley, LHS)


Illegal Artisanal Mining Pit in Scree Deposit, with Banded Iron Formation Ridge in Background, 802AML05

Peter Kennewell
Managing Director

 

18th June 2008
Drilling and Exploration update

Little Bygoo Tin Drilling
The initial open hole percussion drilling program at Little Bygoo has now been completed, with 1,613 metres drilled in nine holes. This makes a total of eleven holes drilled to date. Hole locations are shown on the figure below and former open cuts are present on the greisen subcrops west of the drill holes.

Assay results from the initial Cluff drilling (LB 1 and LB 4) have been received, indicating that neither hole intersected a tin mineralised zone. Replotting of the cross sections shown below demonstrates that the tin bearing rocks are not tabular but plunging to the east, and the holes may have been too shallow to intersect mineralisation. Hole LB 1 was terminated because of lack of additional drill rods at the time, and can now be deepened if warranted. Hole LB 4 was near the limit of the drilling rig. An alternative interpretation is that the greisen is displaced between the drill holes by a fault. These possibilities are being tested by both the recent drilling, and planned future drilling.

The recent percussion drilling program (shown in red) was aimed to infill areas between previous drilling by Ardlethan Tin (shown in blue) to allow possible determination of an inferred resource of tin in the area between the open cuts and Cluff’s initial drilling. Future drilling will aim to extend such a resource to the north and south, and investigate its presence and mode of occurrence to the east, where mineralisation appears to be increasing in grade. This could be accomplished by the drilling of angle holes using the company’s newly modified drilling rig. Samples from this recent drilling are with the assay laboratory, and results will be available in due course.

Leviathan Mine
Assays of the granitic dyke at the former Leviathan tin mine demonstrated it was not tin bearing.

Egerton Gold Drilling
Drilling at Egerton, 20 km east of Ballarat in Victoria, has reached a depth of 124 metres, and is continuing. Target depth is approximately 560 metres. Extremely altered and soft slates and sandstones have been penetrated, with a stock work of narrow quartz veins developed within them.

Wire line triple tube coring recovered only very small amounts of core due to the contrast between the soft bedrock and hard quartz stringers. Two coring diamond bits were destroyed by movement of the quartz stringers during drilling. Accordingly open hole roller bit drilling was adopted, and is being successfully utilised despite high wear rates due to the broken angular quartz fragments. Previous drilling in the district has not reported such conditions, and it is uncertain where the base of these decomposed rocks will be, as they have possibly resulted from hot solutions moving upward from depth, and not weathering.

The company now has 285 metres of larger diameter drill rods suitable for casing the hole on site, and aims to reach that depth or prior hard bedrock using the roller bit before setting these drill rods as casing and recommencing coring.

Chitradurga Iron Ore, India

The Company has engaged a consultant to prepare an independent expert AusIMM Valmin Code assessment and valuation report covering its iron ore project interest and entitlements in Karnataka, India. The scope of work is to complete the report based on a visit to the site and the examination of materials and information made available, and on iron ore industry information otherwise available.

The visit will be conducted over the coming week, and the report finalised in early July.

Peter Kennewell
Managing Director

 

29th May 2008
Egerton Gold Drilling Commences

Drilling of the first hole on the Egerton Gold Project commenced yesterday, using the Company’s wire line diamond coring rig, recently modified to allow drilling of angled holes. This first hole is programmed 550 metres, to allow determination of the grade and thickness of the downward extension of the quartz reef beneath old working of the Black Horse Mine. Cluff is earning up to 75% interest in Exploration Licences and MINS covering the whole of the Egerton Goldfield, 20 km east of Ballarat, from Tech-Sol Pty Ltd.

Exploration targets totalling between 2.2 and 3.3 million tonnes of gold bearing quartz with grades between 3 and 12 grams/tonne have been outlined below old workings of the Black Horse, the Egerton and the Mundic Lode Mines. This represents a total exploration target range of between 340,000 and 1,150,000 ounces of gold. It should be noted that potential quantity and grade of the targets is conceptual in nature, there has been insufficient exploration to define a Mineral Resource, and it is uncertain if further exploration will result in the determination of a Mineral Resource.

The Black Horse exploration target is below 380 metres depth and may contain recoverable gold within the continuation to depth of a previously mined ore shoot. Records for the Black Horse Mine suggest that significant areas within and close to the existing level development were not mined as they were considered to be low grade at the time.

The targeted ore shoot was partly developed for mining from 380 to 600 metres depth by the Black Horse Shaft and by many development tunnels, but reports indicate that it was not extracted before the mine closed in the early 1900s. A 3.5 metre mining width for this target has been assumed, based on this being the apparent average mining width in the past. Grade is inferred to be between 6 grams/ton, the lowest grade reported recovered from the mine, and 12 grams/ton (less than 16 grams/ton, the highest grade reported recovered).

The first two holes programmed are shown on the cross section below:

Little Bygoo Tin Drilling Update
Drilling at Little Bygoo, using a contract open hole percussion rig, continued throughout last week, with four holes to a maximum depth of over 170 metres completed. Drilling will continue for approximately another week, with shallower holes attempting to correlate the identified tin bearing greisen with an area of near surface tin mineralisation previously drilled by Ardlethan Tin during the 1980s.

Peter Kennewell
Managing Director

 

15th May 2008
Share Placement to raise up to $981,000

The Company has engaged Martin Place Securities Pty Ltd to assist it to raise capital through a proposed placement of 109 million fully paid ordinary shares in the Company to sophisticated investors at 0.9 cents per share to raise up to a total of $981,000. The proposed placement is not underwritten.

With monies raised the Company aims to:

1. Define an inferred resource of tin at Little Bygoo, near Ardlethan, NSW. This will entail computer modeling of past drill hole data and further drilling of twelve percussion holes into the tin bearing griesen shown in 1983 by open hole drilling to be carrying grades of up to approximately 1.7% tin over a true thickness of 5 metres. Drilling will start next week.

2. Drill several holes up to depths of about 600 metres, commencing shortly, at our Egerton Gold Project, located 15 km east of Ballarat in Victoria. With approvals for initial drilling now in place, this drilling aims to demonstrate the downward continuation of the Black Horse Reef, part of a reef system which produced 893,000 tonnes of ore at an average gold grade of 11.6 gm/tonne before 1903. Drilling will be carried out by the Company’s wire line diamond drilling rig and crew.

3. Carry out due diligence using an internationally recognized consultant into the development potential of the Company’s new iron ore opportunity in Karnataka State, India.
This issue of securities will be conducted pursuant to Section 708 of the Corporations Act and does not require a disclosure document. An Appendix 3B will be lodged when the placement is completed. The MPS fee is 5% of all funds raised, and 4,000,000 listed options exercisable at 2.5 cents before 30 November 2008.

On completion of the placement the company will have up to 1,607,288,472 shares on issue. The shares will carry the same rights applicable to quoted ordinary shares in the Company and will from the date of issue rank equally with fully paid quoted ordinary shares currently on issue. The issue is not subject to shareholder approval.

Peter Kennewell
Managing Director

 

8th May 2008
CLUFF SIGNS INDIAN IRON ORE MOU

Four Iron Ore Mining Lease Applications, near Chitradurga in the Indian State of Karnataka, are the subject of a Memorandum of Understanding between Cluff Resources Pacific NL and Sai Construction, Engineers and Contractors, of Bangalore, India.

The interests of Cluff in the proposed venture will be held by Cluff's 71% owned subsidiary, Elephant Gold Pty Limited. The 29% is held by consultants to and associates of Cluff.
The MOU makes provision for the establishment of a Joint Venture Company, Karnataka Iron Ore Mining Pte Limited, in which the shares will be held in the proportion Elephant Gold Pty Ltd 60%, Sai Constructions 40%.


Map of India showing location

Details of the four Mining Lease Applications are listed below:

Mining Lease Application No. Taluk (Village) Minerals Area
AML/519/2005 Chitradura Iron Ore and Manganese 600 acres
AML/503/2005 Holalkere Iron Ore and Manganese 600 acres
AML/578/2005 Hosadurga Iron Ore and Manganese 1,000 acres
AML/518/2005 Chitradurga Iron Ore and Manganese 300 acres

Approvals from various government Departments are necessary before the Mining Leases will be granted. The entry price of Cluff to the Joint Venture is payment of costs necessary for the processing of the Mining Lease Applications, and grant of the Mining Leases. Departments involved include the Indian Bureau of Mines, the Central Government, the Pollution Control Board, the Ministry of Environment and Forestry and the State Government. Sai Construction is obliged to assist in obtaining these consents, and to resolve any legal issues which may arise in grant of the Mining Lease Applications.

Cluff will be carrying out due diligence on the proposed mining operation within the next ten weeks. After Cluff’s completing its due diligence to its satisfaction, Sai Construction shall form a company, Karnataka Iron Ore Pte Ltd. in which it has a 40% share, and Elephant Gold has a 60% share, and in which each party contributes in proportion to their shareholding. The leases will be transferred into the name of the new company.

After initial satisfactory due diligence Cluff will appoint two international valuers to ascertain the value of the leases at that point in time. The average of the two valuations will be deemed to be the value of the shareholding of Sai Construction in Karnataka Iron Ore.

It is the intention of Sai Construction to exit the Company after the approvals are in place, and the funding for the project has been sanctioned. This provides an opportunity for Elephant Gold to competitively acquire the remaining equity in the iron ore leases, giving it 100% ownership.
The entire transaction, including execution of a joint venture agreement by Elephant Gold and Sai Constructiions, will be completed within six months, or other time which may be agreed.

Total production of iron ore from Karnataka State was 12 million tonnes in 1996, which was almost wholly exported in a raw state.

Banded haematite and magnetite quartzite are common rock types frequently encountered in the Archaean greenstone belts of Karnataka. Commercially valuable ore bodies are the result of residual concentration of iron in the banded iron formation either through replacement of silica by iron, or leaching of silica. Such processes acting over a long period of time have given rise to massive ore bodies occupying the crest of hills and elevated plateaus. (See Mineral Resources of Karnataka, B.P.Radhakrishna, Geological Society of India, 1996). Neighbouring leases mine haematitic iron ore at an average grade of 64% Fe.

Signing of this MOU presents the Company with an opportunity to investigate potential iron ore mine development which is aimed at generating a cash flow in the short to medium term.

Peter Kennewell
Managing Director

 

 

23rd April 2008
HIGH GRADES FROM ROCK CHIP SAMPLES AT BUDDIGOWER SILVER / TIN FIELD

The Buddigower Silver / Tin Field, located south west of West Wyalong, in central NSW, includes an undeveloped but rich silver and tin lode. Numerous shallow open pits from which tin and silver were mined extend over a surrounding area of 2 km by 1 km. Four shafts were sunk in 1901 on rich lodes, but no substantial production has since been reported.

Cluff sampling of mullock, surface scree and rock chips throughout the Buddigower district has been carried out, with some very high grades of silver and tin recorded. The highest assay results returned from the sampling were 169.77 ounces of silver per tonne, and 5.53 % tin. These impressive assays, along with the other results shown on the figures below, confirm an extensive zone of silver and tin mineralization.

 

Twenty nine 15 metre percussion drill holes by Ardlethan Tin NL were sunk in 1967 within the area. While apparently not aimed at intersecting the lode, they yielded anomalous tin assays in the surrounding rocks. Two holes 20 metres apart intersected "yellow-brown soil" assaying 0.37% tin over 4.6 metres (from 10.7 m to 15.2 m), and 0.30% tin over 7.6 metres (from 6.1 m to 13.7 m), demonstrating potential for alluvial tin leads extending off this silver/ tin lode.

Cluff’s EL also covers the western part of the West Wyalong Gold Field, and the Grellman silver/tin/gold workings. A review of available information with a view to defining additional silver, gold and tin targets within these areas is planned.

Peter Kennewell
Managing Director

The information in this report that relates to mineral exploration or mineral resources is based on information compiled by Peter John Kennewell, who is a corporate member of the Australasian Institute of Mining and Metallurgy included in a list promulgated by the ASX from time to time. Peter John Kennewell is a full time employee of Cluff Resources Pacific NL and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a competent person as defined in the 2004 Edition of the "Australasian Code for Reporting of Exploration Results, Identified Mineral Resources, and Ore Reserves". Peter John Kennewell consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.

 

 

9th April 2008
LEVIATHAN TIN MINE ASSAYS

Assay results from drill holes LVDD 3 and 4 at the Leviathan Tin Mine, near Inverell, show grades of up to 0.25% tin, 52 gm/tonne silver, 1.74% copper and 1.47% zinc within a 3.7 metre mineralised zone. This interpreted near vertical zone has a true thickness of approximately one metre. Mineralisation appears to have preceded intrusion of a porphyritic granite, and assays of this granite are awaited.



Sample Depth (metres) Tin (Sn)
ppm or %
Silver
(Ag) grams/tonne
Copper (Cu)
ppm or %
Lead (Pb) ppm Zinc
(Zn)
ppm
LV DD 3          
13.6 - 14 0.13 % 23.5 0.78 % 123 5090
14 - 15 0.25 % 45.8 1.74 % 71 1.16 %
15 - 16 0.25 % 27.5 1.07 % 167 1.47 %
16 - 17 0.10 % 18.8 0.46 % 0.13 % 0.28 %
17 - 17.3 418 52.5 0.90 % 0.29 % 0.48 %
29 - 30 54 1.1 87 387 948
30 - 31 86 8.6 521 915 266
31 - 32 142 17.1 806 923 435
32 - 32.2 10 2.3 34 276 204
           
LV DD 4          
42 85 < 0.5 33 39 225
50 117 < 0.5 33 38 412
58 143 1.3 10 218 824
67 7 < 0.5 9 22 41

Sample preparation was by slabbing of core, crushing and grinding to 80% passing 75 micron. Assays were by ALS Chemex, Brisbane by XRF (Tin) and ICP (Silver, Copper, Lead).

LITTLE BYGOO DRILLING UPDATE
The second core hole at Little Bygoo, LB 4, located 10 km north of Ardlethan, is drilling at a depth of 431 metres. It has not yet penetrated the targeted tin bearing greisen zone.

Peter Kennewell
Managing Director

The information in this report that relates to mineral exploration is based on information compiled by Peter John Kennewell, who is a corporate member of the Australasian Institute of Mining and Metallurgy included in a list promulgated by the ASX from time to time. Peter John Kennewell is a full time employee of Cluff Resources Pacific NL and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a competent person as defined in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Identified Mineral Resources, and Ore Reserves”. Peter John Kennewell consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.



17th March 2008
RESIGNATION OF CHAIRMAN

Mr Stephen Geoffrey Gemell has resigned as Chairman and Director of Cluff Resources Pacific NL and its subsidiaries, effective 5.00pm Monday 17 March 2008.

Mr Gemell advised the Company that the causes of this change of affairs are several, but are related to pressure of other commitments. He took the opportunity to thank management and staff for their efforts over his period of office, and to wish the company all the best in its future endeavours.

Mr Gemell has agreed to continue his association with the Company as a mining engineering consultant, should the Company so require. The Cluff Board would like to thank him for his valuable contributions to the Chairmanship over the past 5 years.

Scott Enderby
Company Secretary



13th March 2008
FIRST LEVIATHAN TIN MINE ASSAYS

Assay results from the first two drill holes at the Leviathan Tin Mine, near Inverell, show grades of up to 0.25% tin, 30 gm/tonne silver, and 0.79% copper within a three metre mineralised zone. This near vertical zone has a true thickness of one metre.

Mineralisation appears to be developed on the edges of a porphyritic granite intrusion which has a true thickness of about five metres, and extends for at least several hundred metres. A flat lying zone zone of altered rock and quartz is developed, and appears to have been worked by open cut on the lower part of a hill.

The porphyritic granite intrusion was not initially assayed, as it is not usually tin bearing, but is now being prepared for assay as it has now been shown to be closely associated with tin, silver and copper mineralisation.

Sample Depth (metres) Tin (Sn)
ppm
Silver
(Ag) grams/tonne
Copper (Cu)
ppm
Lead (Pb) ppm Zinc
(Zn)
ppm
LV DD 1          
18-19 5 <0.5 2 39 95
19-20 9 0.5 2 42 149
20-21 452 1.0 85 36 272
21-22 68 0.8 44 59 362
22-23 18 0.7 3 35 116
23-24 11 <0.5 3 76 196
24-25 0.247% 30.0 0.79 191 842
25-26 0.204% 18.8 0.46 33 246
26-27 0.014% 25.7 0.63 78 570
27-28 91 2.2 178 48 379
28-29 5 0.7 14 53 142
29-30 17 0.6 56 45 123
30-31 12 <0.5 20 49 122
50-51 6 0.5 28 40 34
51-52 48 0.8 4 43 64
52-53 382 1.9 5 56 222
95-96 <5 0.6 4 38 33
96-97 12 <0.5 5 34 33
           
LV DD 1          
9-10 10 0.5 456 39 213
10-11 10 0.8 382 29 129
11-12 6 <0.5 36 42 139
12-13 9 0.6 74 42 137
13-14 79 1.5 85 106 660
14-15 48 0.8 6 68 397
15-16 35 1.3 6 99 422
16-17 434 1.4 83 57 335
17-18 8 0.7 7 35 143
18-19 9 <0.5 3 39 101
19-20 10 0.5 5 41 92
40-41 15 0.5 3 34 67
41-42 23 1.2 3 133 400

Sample preparation was by slabbing of core, crushing and grinding to 80% passing 75 micron. Assays were by ALS Chemex, Brisbane by XRF (Tin) and ICP (Silver, Copper, Lead).

LITTLE BYGOO DRILLING UPDATE

The first core hole at Little Bygoo, LB 1, located 10 km north of Ardlethan, has been completed at a depth of approximately 230 metres, having penetrated greisen rocks known to carry tin in adjacent holes, between approximately 197 metres and 220 metres. The samples are being prepared for assay. Hole LB 2, located down dip and 130 metres to the northeast, is now drilling ahead at a depth of 120 metres.

Peter Kennewell
Managing Director

The information in this report that relates to mineral exploration is based on information compiled by Peter John Kennewell, who is a corporate member of the Australasian Institute of Mining and Metallurgy included in a list promulgated by the ASX from time to time. Peter John Kennewell is a full time employee of Cluff Resources Pacific NL and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a competent person as defined in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Identified Mineral Resources, and Ore Reserves”. Peter John Kennewell consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.



27th February 2008

LEVIATHAN DRILLING COMPLETED - LITTLE BYGOO DRILLING COMMENCES

Four diamond core holes totalling 425 metres into the former Leviathan Tin Mine, 10 km south of Inverell, have been completed. The resultant cores have been logged, and intervals of up to three metres of greisen alteration within the granite have been sent for assay. Initial interpretation of the mine geology is in progress.


Little Bygoo Tin Mine

Drilling has commenced to evaluate the tin mineralisation open cut mined by the Little Bygoo Tin Mine, 10 km north of Ardlethan in southern NSW.

The drilling target, the Little Bygoo Greisen, was identified by Ardlethan Tin NL using open hole percussion drilling during the 1970s and 80s, and is the extension to depth of the tin bearing greisen which crops out in the formerly mined open cut, shown above.

Its continuation at depth, drilled and reported by Ardlethan Tin NL, is illustrated below. Cluff’s drilling is targeting the continuation of this zone at greater depths, initially between 140 metres and 450 metres. Ardlethan Tin NL’s sampling method for cuttings from these drill holes has not been recorded, and hence the reliability of these reported assays must be regarded as uncertain.

The planned six holes are being drilled to the east of the Hole P 326 greisen intersection, and are on a one hundred metre grid.

A contractor is precollaring these holes to depths of sixty metres through surficial sediments, and setting casing into bedrock. Cluff’s rig is on site and preparing to deepen these holes to up to 450 metres, to obtain diamond core, and tin grades for the Little Bygoo Greisen.



Peter Kennewell
Managing Director

The information in this report that relates to exploration targets is based on information compiled by Peter John Kennewell, who is a corporate member of the Australasian Institute of Mining and Metallurgy included in a list promulgated by the ASX from time to time. Peter John Kennewell is a full time employee of Cluff Resources Pacific NL and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a competent person as defined in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Identified Mineral Resources, and Ore Reserves”. Peter John Kennewell consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.

15th February 2008
Tin Presentation made at RIU Explorers Conference, Perth

Click here to open a presentation made by Peter Kennewell at the RIU Explorers Conference in Perth. (Acrobat PDF 4 mb)

Notes and comments made on each slide are shown in addition to the graphics.


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