Corktree Joint Venture (copper) - Giralia 49%, PacMag Metals Ltd earning 51% interest

Giralia’s Corktree copper prospect is located 130 kilometres north west of Wiluna in Western Australia. PacMag reports that two immediate targets for follow up have been defined including the Corktree Well Prospect where previous drilling identified extensive near surface copper mineralisation including 24 metres @ 0.22% copper, 16 metres @ 0.26% copper, and 3 metres @ 1.6% copper. PacMag Metals Limited reports no field activities during the year.