The VTEM survey is designed to identify anomalies at both Blue Bell and De Soto and the unexplored Gap area that is 5km between the two projects.

It is seeking the undiscovered lenses from old mine and Gap area after one of the seven high grade lenses mined outcropped at Blue Bell.

Aus-American has scheduled to commence the program by late April or early May 2013 with results of geological survey expected in late May.

The company, meanwhile, has recently concluded its maiden drilling program at Blue Bell that included a total of 5,000 meters of RC drilling, completed for 26 holes. The assay results revealed potential mineralization of holes 11 and 12 of total 12 holes drilled. In addition, the results of remaining 14 holes are anticipated in May.