This licence was secured because of the widespread indications of gold mineralisation in Adelaidean bedrock, coupled with a need to test new geological interpretations arising from recent mapping and SAEI geophysical data. Work included the interpretation of aeromagnetic and radiometric survey data, geological mapping and surface rock chip geochemical sampling, and re-logging of historic stored drill core from one diamond hole. Rock chip sampling of quartz-limonite veins in the vicinity of the known Basin Dam soil gold anomaly returned gold values of ~0.11-0.16 ppm Au, lending validity to the licensee's new model of post-orogenic hydrothermal emplacement of replacement-style gold in sericite altered siltstones and sandstones adjacent to the Ulooloo thrust fault zone. However, during licence Year 2 Havilah's later relogging of the cored interval 43.8 m to 105.5 m in Pacminex' inclined hole TW3, which had drilled into intensely sheared and altered siltstones beneath the historic Twigham's gold workings, did not reveal any evidence of primary gold or other metallic mineralisation. Consequently it was thought that the earlier obtained surface gold anomalism might actually only be the result of supergene enrichment of weak primary mineralisation. Two separate sub-block portions together comprising 68% of the original licence area, where no work had yet been undertaken, were relinquished by Havilah on 25/11/1999. Additional surface rock chip sampling was done during licence Year 3, but no significant gold values were detected. A search for a joint venture partner to fund further work aimed at drill testing probable structurally controlled gold targets proved unsuccessful, leading Havilah to the decision to allow tenure to lapse at the end of Year 4.