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 |  | Erica 
The Erica Project, staked in 1996, is prospective for duplicating the Shea Creek geological setting. COGEMA's exploration strategy is well established and backed up by leading-edge technology (airborne and ground EM, and directional drilling). A first pass airborne MEGATEM survey in late 2002 identified a number of conductive zones at greater than 700 metres and a close relationship with conductors already mapped by previous moving loop TEM ground surveys.
A winter 2005 geophysics exploration program consisted of 62.6 kilometres of grid preparation, 23.6 line kilometres of UTEM III moving loop and 65.8 line km of GPS surveys. A DC Resistivity survey totaling 35 line kilometres was completed over the UTEM grid during late summer of 2005. Interpretation of results is ongoing. The objective of the geophysical program was to locate and characterize basement conductors detected by the 2002 MEGATEM(r) airborne survey.
Follow-up diamond drilling in the 2005 winter program consisted of three regional drill holes (ERC-06, 07, 08) totaling 2,110 metres. Only two holes intersected the unconformity while the third (ERC-08) was stopped at 422.0 metres due to early spring break-up; the casing was left in the hole to return at a later date. Two drill holes intersected unaltered Athabasca sandstone before reaching the unconformity at a depth between 740 metres and 745 metres. No structures or graphite-rich lithology was intersected in the basement.
Processing and interpretation of the collected data from the 2004 Fugro MEGATEM(r) and Falcon(r) Gravity Gradiometer survey is ongoing.
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