TIDMGGG
RNS Number : 0017Q
GGG Resources PLC
12 October 2011
GGG Resources plc ("GGG") and Auzex Resources Limited
("Auzex")
BULLABULLING GOLD PROJECT - RESOURCE DRILLING UPDATE
Highlights:
-- Phase Two infill drill programme is progressing well
-- 136 drill holes totalling 24,212 m completed in July, August
and September 2011
-- Total production for the Phase Two programme to date is
46,411m in 261 holes
-- A total of 82,667m of drilling in 507 drill holes have been
completed since project acquisition in 2010.
-- Drilling results continue to reconcile well with recent new
resource model and include new high grade intersections, such
as:
High Grade High Grade High Grade
Intersections 0 - Intersections 101 - Intersections 150+m
100m 150m
------------------------ ------------------------- -------------------------
1m @ 10.4 g/t Au from 5m @ 8.75 g/t Au from
54m in BJ0267 133m in BJ0349
------------------------ ------------------------- -------------------------
6m @ 2.1 g/t Au from 4m @ 2.92 g/t Au from 6m @ 2.72 g/t Au from
53m in BJ0476 135m in BJ0455 160m in BJ0626
------------------------ ------------------------- -------------------------
6m @ 2.03 g/t Au from 3m @ 6.7 g/t Au from
65m in BJ0534 152m in BJ0682
------------------------ ------------------------- -------------------------
2m @ 8.71 g/t Au from 4m @ 3.75 g/t Au from 1m @ 9.66 g/t Au from
100m in BJ0939 116m in BJ1269 161m in BJ1216
------------------------ ------------------------- -------------------------
1m @ 6.12 g/t Au from 3m @ 6.96 g/t Au from
38m in BJ1378 102m in BJ1378
------------------------ ------------------------- -------------------------
4m @ 2.14 g/t Au from
70m in BJ1378
------------------------ ------------------------- -------------------------
3m @ 3.06 g/t Au from
92m in BJ1378
------------------------ ------------------------- -------------------------
3m @ 2.32 g/t Au from 5m @ 8.05 g/t Au from 4m @ 2.72 g/t Au from
61m in BJ1984 120m in BJ1958 189m in BJ1844
------------------------ ------------------------- -------------------------
15m @ 2.13 g/t Au from 10m @ 2.53 g/t Au from
33m in BJ2011 149m in BJ2011
------------------------ ------------------------- -------------------------
2m @ 4.14 g/t Au from
92m in BJ2027
------------------------ ------------------------- -------------------------
1m @ 9.75 g/t Au from 8m @ 1.96 g/t Au from 7m @ 2.51 g/t Au from
60m in BJ2052 143m in BJ2067 180m in BJ2064
------------------------ ------------------------- -------------------------
3m @ 3.86 g/t Au from 8m @ 2.51 g/t Au from 2m @ 9.04 g/t Au from
94m in BJ2082 117m in BJ2082 191m in BJ2073
------------------------ ------------------------- -------------------------
1m @ 22.3 g/t Au from 4m @ 2.36 g/t Au from 3m @ 6.83 g/t Au from
1m in BJ2197 117m in BJ2280 157m in BJ2304
------------------------ ------------------------- -------------------------
-- Commenced a detailed magnetic survey to develop a 3D
geological model for targeting deep mineralisation.
Resource drilling programme update
The Phase Two RC resource drilling programme, which commenced in
mid-May 2011, is progressing well. There are currently three drill
rigs working on the Phase Two programme which is infilling the
historic drilling between the Phoenix and Hobbit pits to increase
the confidence in the current resource base. Exploration drilling
is also underway, including exploration targets to the south of the
main Bullabulling Trend such as Sphinx, Edwards, Medusa, Gryphon,
Kraken and Minotaur where previous shallow RAB (percussion)
drilling has intersected widespread gold mineralisation (Figure
1).
Phase Two resource drilling programme results - to establish
sufficient reserves for an initial ten-year mine life
A key aim of the Phase Two resource drilling programme is to
infill the current and historic drilling to a drill spacing that
allows the Inferred resources in the resource estimate (announced
15 August 2011) to be reclassified to an Indicated resource
category, which in turn will enable initial JORC compliant reserves
to be established for the project. The current reported JORC
compliant mineral resource is 78,836,000 tonnes at 1.03 g/t Au
(2.60 million ounces contained gold) at a 0.5 g/t Au cut off.
Phase Two drilling started on May 14. Since the last
announcement reporting results to July 15, there has been a total
of 24,212 metres drilled in 136 holes (Table 1). Total drilling for
the Phase Two programme is 46,411m in 261 holes and drilling since
the JV started work on the project is 82,667m from 507 holes. Drill
work during the reporting period focussed on infill drilling of the
areas between the Hobbit, Dickson and Bonecrusher pits and
exploration drilling to the south of Bacchus between Edwards and
Minotaur (Figure 1).
Assays from the infill drilling continue to confirm the resource
estimate and geological model (Table 2) and of the 136 holes with
assays returned only three have not intersected mineralisation.
Better intersections from the Phase Two drilling include:
1m @ 10.4 g/t Au from 54m in BJ0267,
5m @ 8.75 g/t Au from 133m in BJ0349,
12m @ 1.3 g/t Au from 90m in BJ0370,
22m @ 0.85 g/t Au from 42m in BJ0380,
6m @ 1.15 g/t Au from 127m in BJ0380,
6m @ 1.66 g/t Au from 80m in BJ0383 and 18m @ 0.93 g/t Au from
106m in BJ0383,
14m @ 1.11 g/t Au from 117m in BJ0443,
4m @ 2.92 g/t Au from 135m in BJ0455,
6m @ 2.1 g/t Au from 53m in BJ0476 and 14m @ 1.46 g/t Au from
70m in BJ0476,
6m @ 2.03 g/t Au from 65m in BJ0534,
24m @ 1.07 g/t Au from 156m in BJ0537,
10m @ 1.55 g/t Au from 145m in BJ0540,
8m @ 1.23 g/t Au from 119m in BJ0626 and 6m @ 2.72 g/t Au from
160m in BJ0626,
23m @ 1.14 g/t Au from 63m in BJ0661,
3m @ 6.7 g/t Au from 152m in BJ0682,
26m @ 0.67 g/t Au from 53m in BJ0696,
2m @ 8.71 g/t Au from 100m in BJ0939,
5m @ 1.16 g/t Au from 45m in BJ0975,
11m @ 1.16 g/t Au from 76m in BJ1154,
5m @ 1.12 g/t Au from 75m in BJ1214,
1m @ 9.66 g/t Au from 161m in BJ1216,
21m @ 0.64 g/t Au from 29m in BJ1269 and 4m @ 3.75 g/t Au from
116m in BJ1269,
6m @ 1.76 g/t Au from 32m in BJ1273,
5m @ 1.68 g/t Au from 130m in BJ1275,
In BJ1378 there are several intersections including 1m @ 6.12
g/t Au from 38m, 4m @ 2.14 g/t Au from 70m, 3m @ 3.06 g/t Au from
92m, 3m @ 6.96 g/t Au from 102m and 16m @ 1.07 g/t Au from
161m;
12m @ 1.26 g/t Au from 163m in BJ1379,
5m @ 1.73 g/t Au from 87m in BJ1483 and 5m @ 1.79 g/t Au from
104m in BJ1483,
4m @ 2.72 g/t Au from 189m in BJ1844,
5m @ 8.05 g/t Au from 120m in BJ1958,
3m @ 2.32 g/t Au from 61m in BJ1984,
BJ2011 also intersected 15m @ 2.13 g/t Au from 33m and 10m @
2.53 g/t Au from 149m;
2m @ 4.14 g/t Au from 92m in BJ2027,
25m @ 0.73 g/t Au from 24m in BJ2035,
20m @ 0.61 g/t Au from 109m in BJ2037,
6m @ 1.42 g/t Au from 41m in BJ2039,
1m @ 9.75 g/t Au from 60m in BJ2052 and 5m @ 1.59 g/t Au from
141m in BJ2052,
7m @ 2.51 g/t Au from 180m in BJ2064,
8m @ 1.96 g/t Au from 143m in BJ2067,
24m @ 0.99 g/t Au from 148m in BJ2069 and 21m @ 0.75 g/t Au from
185m in BJ2069,
6m @ 1.82 g/t Au from 107m in BJ2073 and 2m @ 9.04 g/t Au from
191m in BJ2073,
15m @ 1.00 g/t Au from 133m in BJ2075,
25m @ 0.98 g/t Au from 156m in BJ2079 and 11m @ 1.38 g/t Au from
211m in BJ2079,
BJ2082 hit 17m @ 0.92 g/t Au from 38m, 3m @ 3.86 g/t Au from 94m
and 8m @ 2.51 g/t Au from 117m;
30m @ 1.05 g/t Au from 157m in BJ2161,
1m @ 22.3 g/t Au from 1m in BJ2197,
4m @ 2.36 g/t Au from 117m in BJ2280,
6m @ 1.28 g/t Au from 127m in BJ2304 and 3m @ 6.83 g/t Au from
157m in BJ2304,
5m @ 1.14 g/t Au from 44m in BJ2334 and
8m @ 1.61 g/t Au from 128m in BJ2334.
As in the previously announced holes, there are generally at
least 4 intersections per drill hole relating to the multiple
stacked lodes defined by the structural mapping (Figure 2).
Approximately 59% of the intersections to date are better than
estimated by the model, 35% are similar to the model and only 6%
are worse or missing as predicted by the new model developed by
Snowden. New mineralisation continues to be intersected to the east
of the Bacchus pit, which we expect to add to the total
resource.
The total remaining infill drilling from Bacchus to Bonecrusher
is about 25,000m, including approximately 9,000m of infill drilling
remaining in the Titan-Phoenix area. Following a review of drill
results at Bacchus East, the total number of metres has been
increased to more effectively test the footwall lodes.
Near Surface Exploration Results
Preliminary scout exploration drilling has been completed
between Edwards and Minotaur with low grade mineralisation
intersected similar to that along the Bullabulling Trend. This
mineralisation however appears to be less continuous and the holes
drilled to date have not intersected the higher grade zones of
mineralisation we have found from between Bacchus to Hobbit.
Results indicate that mineralisation is confined to the upper
contact of the main komatiite unit that has been mapped along the
Bullabulling Trend and swings with the stratigraphy to the
southeast (Figure 1). Assay results are patchy with better
intersections of 11m at 1.16 g/t Au from 76m in BJ1154 from the
Kraken prospect and 2m at 8.71 g/t Au from 100m in BJ0939from the
Edwards prospect.
The lower contact of the ultramafic, which is mineralised in the
main Bullabulling Trend, does not seem to have been effectively
tested to determine whether deeper lodes occur in this position. A
number of new holes are planned to test the full section of the
ultramafic to cover both contacts on fence lines with a SW-NE
orientation.
A review of the soil geochemistry database has been completed
using historical soil data in combination with photo-mapping of
regolith. It is clear that the historic drilling does not fully
test significant areas of alluvial cover that are associated with
low level gold soil anomalies to the south along the Bullabulling
Trend within the newly granted Exploration Licences. Six regional
scale targets have been identified that require follow up
exploration drilling, which is planned to start immediately after
the infill drilling is completed.
Potential for Deeper High Grade Mineralisation
Planning of the deep exploration programme continued. A review
of the potential for using deep geophysical techniques to map the
3D geology at depth at Bullabulling has been completed. The
detailed magnetic data acquisition will be carried out over the
regional extent of the Bullabulling Trend (Figure 3) and is
expected to commence at the end of October.
Bullabulling Overview
The Bullabulling Gold project (Bullabulling) is a large tonnage,
low grade deposit with high grade shoots, associated with the
regional Bullabulling shear zone which extends over tens of
kilometres. The mineralised structure is 500m wide, consisting of
multiple west dipping low grade stacked zones with narrower higher
grade gold mineralisation. Bullabulling is located near Coolgardie
and approximately 65km south-west of Kalgoorlie, Western Australia.
Bullabulling has been previously mined producing 371,000 ounces of
gold in the 1990s. The current programme focuses on the 6km portion
of the shear zone known as the Bullabulling Trend where previous
operations were concentrated. The focus for the Bullabulling joint
venture (JV) is to establish an initial reserve exceeding one
million ounces gold.
GGG Resources plc and Auzex Resources ltd are in the process of
merging under Bullabulling Gold Limited.
Competent Person Statement
The information in this report that relates to Exploration
Results, Mineral Resources and Ore Reserves is based on information
compiled by Jeff Malaihollo PhD who is a full-time employee of the
Company and Member of The Australasian Institute of Mining and
Metallurgy and the Geological Society of London. He is qualify as a
Competent Person as defined in the 2004 Edition of the
"Australasian Code for Reporting of Exploration Results, Mineral
Resources and Ore Reserves".
The latest August 2011 Mineral Resource estimate was completed
under the overall supervision and direction of Richard Sulway of
Snowden Mining Industry Consultants Pty Ltd. Richard Sulway is a
member of the Australasian Institute of Mining and Metallurgy
(MAusIMM) CP and has sufficient experience which is relevant to the
style of mineralisation and type of deposit under consideration and
to the activity to 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, Mineral
Resources and Ore Reserves".
Maps and graphics ("Figures") referred to in this announcement
are available on the version of this release available on the
Company's website www.gggresources.com.
Further information, please contact:
Dr. Jeffrey Malaihollo David McArthur
MD, GGG Resources plc (UK) GGG Resources plc (Australia)
Tel: + 44 1992 531820 BBG Management Pty Ltd
www.gggresources.com 41 Stirling Highway
Nedlands, WA 6009, Australia
Tel: + 61 8 9423 3200
--------------------------------- --------------------------------
Westhouse Securities Limited Collins Stewart Europe Limited
(UK Nominated Adviser) (Broker)
Tom Price / Martin Davison John Prior / Adam Miller
Tel: + 44 20 7601 6100 Tel: + 44 20 7523 8350
--------------------------------- --------------------------------
Neil Boom David Brook
MD, Gresham PR Ltd (UK media). Professional Public Relations
Tel: + 44 7866 805 108 (Australia media)
neil.boom@greshampr.co.uk T: + 61 8 9388 0944/ +61 433
112 936
E: david.brook@ppr.com.au
--------------------------------- --------------------------------
Table 1: Bullabulling Collar data for RC drilling completed
between 15July and 30September 2011
Prospect Hole Easting Northing RL Dip AZ Date Length Comments
----------- --------- ----------- ------------ -------- ----- ---- ------------ -------- -------------
TI BJ0045 299633 6566929 431 -60 85 13/09/2011 78 Mineralised
TI BJ0173 299919.5 6566726 430.81 -60 90 20/09/2011 48 Pending
PH BJ0196 299468.74 6567477.18 435.42 -60 90 20/08/2011 84 Mineralised
PH BJ0258 299758.07 6567767.35 442.41 -60 90 22/08/2011 181 Pending
TI BJ0261 299673 6566889 432 -60 90 05/08/2011 139 Mineralised
TI BJ0267 299652.09 6566967.9 430.79 -60 90 09/08/2011 219 Mineralised
HB BJ0342 300075 6568075 450 -60 90 19/09/2011 85 Pending
HB BJ0361 300058 6568192 452 -60 90 11/09/2011 120 Mineralised
HB BJ0363 299994 6568195 452 -58 90 17/09/2011 127 Pending
HB BJ0370 299851.85 6568191.39 451.75 -60 90 21/08/2011 210 Mineralised
HB BJ0371 299766 6568195 449 -60 90 12/09/2011 235 Pending
HB BJ0381 299900 6568235 452 -60 90 01/09/2011 174 Pending
HB BJ0384 299819 6568235 452 -60 90 19/09/2011 205 Pending
HB BJ0398 299760 6568285 449 -58 90 11/09/2011 253 Mineralised
HB BJ0402 299959 6568335 456 -55 90 30/09/2011 48 Pending
HB BJ0404 299933 6568335 457 -58 90 03/09/2011 180 Pending
HB BJ0405 299852 6568335 456 -60 90 06/09/2011 199 Mineralised
HB BJ0406 299808 6568332 456 -60 90 10/09/2011 180 Mineralised
HB BJ0407 299893.69 6568331.84 454.01 -60 90 17/07/2011 199 Mineralised
HB BJ0416 299926.04 6568382.94 457.08 -60 90 18/07/2011 157 Mineralised
HB BJ0443 299838.02 6568432.27 453.91 -60 90 18/07/2011 212 Mineralised
HB BJ0449 299908.64 6568481.76 458.13 -60 90 20/07/2011 181 Mineralised
HB BJ0452 299832 6568485 453 -58 90 31/08/2011 223 Mineralised
HB BJ0455 299916.1 6568534.85 458.83 -60 90 25/08/2011 193 Mineralised
HB BJ0456 299957.31 6568534.78 460.46 -60 90 20/07/2011 139 Mineralised
HB BJ0461 299956 6568685 459 -60 90 03/09/2011 151 Pending
HB BJ0466 299840 6568685 455 -60 90 03/09/2011 211 Pending
HB BJ0467 299840 6568685 455 -60 90 06/09/2011 229 Mineralised
HB BJ0472 300036 6568735 457 -60 90 22/09/2011 109 Pending
HB BJ0473 299994 6568735 455 -60 90 28/09/2011 139 Pending
HB BJ0477 299940 6568875 455 -60 90 07/09/2011 139 Pending
DK BJ0505 299951.81 6569375.32 451.07 -60 90 16/07/2011 229 Mineralised
DK BJ0534 300143.08 6569576.86 445.83 -60 90 27/07/2011 193 Mineralised
DK BJ0537 299962.44 6569574 449.21 -60 90 18/07/2011 235 Mineralised
DK BJ0540 299741.59 6569574.64 444.05 -60 90 19/07/2011 229 Mineralised
BC BJ0626 299817.94 6570174.65 439.89 -60 90 28/07/2011 181 Mineralised
BC BJ0656 299965.84 6570376.29 438.52 -60 90 24/07/2011 175 Mineralised
BC BJ0661 299825.66 6570377.32 438.28 -60 90 22/07/2011 223 Mineralised
BC BJ0682 299953.06 6570476.93 437.85 -60 90 31/07/2011 211 Mineralised
BC BJ0687 299784.95 6570479.09 437.38 -60 90 02/08/2011 228 Mineralised
BC BJ0696 299845.74 6570526.54 437.28 -60 90 30/07/2011 217 Mineralised
BC BJ0765 300032.07 6570776 436.7 -60 90 03/08/2011 175 Mineralised
BC BJ0862 300028.72 6571074.33 435.11 -60 90 04/08/2011 97 Mineralised
ED BJ0939 299420.68 6565577.38 427.3 -60 90 25/07/2011 211 Mineralised
BE BJ0943 299643.71 6565579.38 423.92 -60 90 23/07/2011 162 Mineralised
ED BJ0975 299572.1 6565199.69 422.43 -60 90 22/07/2011 181 Mineralised
NOT
ED BJ0994 299746.37 6564827.57 420.12 -60 90 30/07/2011 253 Mineralised
ED BJ1011 299733.82 6564596.21 419.35 -60 90 26/07/2011 143 Mineralised
GY BJ1049 299975.76 6564225.16 417.31 -60 90 01/08/2011 175 Mineralised
GY BJ1056 300019.61 6564147.89 416.91 -60 90 02/08/2011 145 Mineralised
GY BJ1062 300217.38 6564076.04 417.04 -60 90 05/08/2011 211 Mineralised
GY BJ1066 300300.91 6564077.56 417.51 -60 90 03/08/2011 165 Mineralised
GY BJ1101 300185.4 6563924.13 415.83 -60 90 10/08/2011 199 Mineralised
GY BJ1107 300354.95 6563925.35 417.14 -60 90 08/08/2011 133 Mineralised
GY BJ1111 300523.21 6563925.57 417.57 -60 90 07/08/2011 181 Pending
GY BJ1138 300353.45 6563773.74 416.11 -60 90 11/08/2011 205 Mineralised
KR BJ1154 300696.79 6563621.17 417.6 -60 90 12/08/2011 151 Mineralised
KR BJ1175 300699.9 6563474.37 416.09 -60 90 13/08/2011 187 Mineralised
NOT
MT BJ1206 300964.92 6563101.93 416.59 -60 90 14/08/2011 151 Mineralised
NOT
HB BJ1214 299855.89 6567914.41 445.44 -60 90 09/08/2011 138 Mineralised
HB BJ1216 299799.52 6567913.37 443.6 -62 90 10/08/2011 162 Mineralised
HB BJ1218 299734.73 6567912.71 443.17 -63 90 11/08/2011 180 Pending
HB BJ1219 299696 65679815 446 -63 90 19/09/2011 187 Pending
HB BJ1223 299991 6567995 447 -60 90 20/09/2011 97 Pending
HB BJ1225 299938 6567995 447 -60 90 20/09/2011 127 Pending
HB BJ1227 299882 6567995 447 -61 90 21/09/2011 157 Pending
HB BJ1231 299767.18 6567994.28 445.39 -60 90 13/08/2011 198 Mineralised
HB BJ1249 299925 6568585 458 -57 90 28/08/2011 163 Mineralised
HB BJ1253 300045 6568635 456 -60 90 29/09/2011 103 Pending
HB BJ1254 300003 6568635 456 -60 90 29/09/2011 121 Pending
HB BJ1255 299961 6568635 456 -60 90 01/09/2011 139 Mineralised
HB BJ1256 299919 6568635 458 -60 90 01/09/2011 163 Mineralised
HB BJ1257 299877 6568635 458 -60 90 01/09/2011 181 Mineralised
HB BJ1275 299897 6568115.05 449.42 -60 90 17/08/2011 156 Mineralised
HB BJ1294 299778.66 6568384.23 451.7 -60 90 21/07/2011 253 Mineralised
HB BJ1295 299731 6568385 451 -60 90 30/08/2011 229 Pending
HB BJ1303 299642 6567995 446 -60 90 10/09/2011 247 Pending
HB BJ1349 299764.21 6568072.2 446.55 -60 90 15/08/2011 203 Mineralised
HB BJ1353 299624 6568075 445 -60 90 21/09/2011 259 Pending
HB BJ1377 299826 6568115 448 -60 90 22/09/2011 187 Pending
HB BJ1379 299756.75 6568114.4 447.2 -60 90 19/08/2011 210 Mineralised
HB BJ1401 299813 6568585 455 -60 90 29/08/2011 223 Mineralised
HB BJ1585 299782 6568235 451 -60 90 31/08/2011 234 Mineralised
HB BJ1844 299780 6568435 454 -60 90 24/08/2011 247 Mineralised
HB BJ1845 299738 6568435 453 -60 90 27/09/2011 253 Pending
HB BJ1921 299953 6568731 455 -60 90 02/09/2011 151 Mineralised
HB BJ1922 299909 6568735 455 -60 90 28/09/2011 169 Pending
HB BJ1923 299867 6568735 455 -60 90 03/08/2011 193 Mineralised
HB BJ1945 299840 6568785 455 -62 90 25/09/2011 205 Pending
HB BJ1947 299770 6568785 455 -62 90 09/09/2011 253 Pending
HB BJ1957 299878 6568535 459 -58 90 24/09/2011 162 Pending
HB BJ1958 299830 6568535 459 -60 90 27/08/2011 223 Mineralised
BE BJ1978 299745.26 6565724.96 424.23 -60 90 02/08/2011 156 Mineralised
BE BJ1984 299757.01 6566025.52 425.85 -60 90 03/08/2011 150 Mineralised
BE BJ1995 299695.08 6566424.66 428.08 -60 90 06/08/2011 162 Mineralised
BE BJ1997 299615.57 6566424.83 427.87 -60 90 08/08/2011 210 Mineralised
TI BJ2009 299820.72 6567175.88 436.09 -60 90 13/08/2011 145 Mineralised
HB BJ2010 299860 6567175 432 -60 90 15/09/2011 151 Mineralised
TI BJ2011 299823 6567181 435 -60 90 14/08/2011 193 Mineralised
TI BJ2012 299776 6567175 435 -58 90 15/09/2011 181 Pending
TI BJ2020 299563 6567151 434 -60 90 30/08/2011 235 Mineralised
TI BJ2024 299919.92 6567248.61 437.61 -60 90 12/08/2011 103 Mineralised
TI BJ2027 299884.14 6567276.32 437.6 -60 90 15/08/2011 121 Mineralised
TI BJ2029 299794 6567278 437 -60 90 31/08/2011 157 Mineralised
TI BJ2031 299726 6567275 435 -60 90 01/09/2011 181 Pending
TI BJ2033 299920.63 6567322.8 438.49 -60 90 15/08/2011 109 Mineralised
TI BJ2035 299838.34 6567323.73 436.37 -60 90 16/08/2011 133 Mineralised
PH BJ2039 299713.32 6567324.57 434.84 -60 90 17/08/2011 193 Mineralised
PH BJ2040 299668 6567325 435 -58 90 15/09/2011 217 Mineralised
PH BJ2051 299650 6567275 434 -60 90 30/09/2011 66 Pending
TI BJ2052 299609.07 6567274.8 433.48 -60 90 19/08/2011 217 Mineralised
HB BJ2053 299574 6567275 434 -60 90 17/09/2011 235 Pending
PH BJ2064 299506.33 6567350.26 433.57 -60 90 18/08/2011 193 Pending
PH BJ2066 299614 6567425 436 -59 90 18/09/2011 205 Pending
PH BJ2070 299474 6567425 434.64 -60 90 28/08/2011 253 Mineralised
PH BJ2072 299576.37 6567526.21 436.93 -58 90 17/08/2011 253 Mineralised
PH BJ2083 299699 6567825 441 -61 90 16/09/2011 175 Pending
PH BJ2085 299643 65667825 440 -62 90 17/09/2011 199 Pending
TI BJ2095 299962 6566730 430 -90 0 29/09/2011 102 Pending
TI BJ2096 299876 6566780 430 -90 0 30/09/2011 68 Pending
PH BJ2106 299771.56 6567824.01 442.83 -60 90 23/08/2011 163 Mineralised
BE BJ2111 299739.56 6566548.11 429.07 -60 90 06/08/2011 169 Mineralised
HB BJ2140 299787 6568830 455 -62 90 06/09/2011 199 Pending
HB BJ2145 299642 6567995 455 -60 90 09/08/2011 199 Pending
TI BJ2151 299514 6566927 430 -60 90 15/09/2011 150 Pending
TI BJ2161 299579.85 6567000.55 431.11 -60 90 11/08/2011 229 Mineralised
HB BJ2162 299537 6567000 432 -60 90 14/09/2011 235 Mineralised
BE BJ2197 299778.23 6566626.52 429.67 -60 90 08/08/2011 185 Mineralised
BE BJ2280 299656.34 6566323.75 428.31 -60 90 04/08/2011 198 Mineralised
BE BJ2302 299757.13 6566173.96 427.79 -60 90 24/07/2011 120 Mineralised
BE BJ2303 299653.36 6566172.53 427.84 -60 90 30/07/2011 198 Mineralised
DK BJ2304 299752.09 6569650.42 442.84 -60 90 25/07/2011 271 Mineralised
BE BJ2309 299813.88 6565875.86 425.26 -60 90 31/07/2011 114 Mineralised
PH BJ2334 299739.43 6567727.27 442.08 -60 90 21/08/2011 181 Mineralised
TI BJ2337 299676 6566780 430 -90 0 19/09/2011 168 Pending
TI BJ2338 299678 6566705 432 -90 0 25/09/2011 204 Pending
----------- --------- ----------- ------------ -------- ----- ---- ------------ -------- -------------
Table 2: Intersection summary from drill assays received between
15July 2011 and 30September 2011
Hole From To Width Au g/t Includes
BJ0258 125 136 11 0.77
BJ0267 54 55 1 10.40
BJ0349 50 60 10 0.47
BJ0349 83 94 11 0.44
includes 1 m @ 40.80 g/t
BJ0349 133 138 5 8.75 Au from 134 m
BJ0364 48 58 10 0.59
BJ0364 101 111 10 0.85
includes 2 m @ 5.17 g/t
BJ0370 90 102 12 1.30 Au from 90 m
BJ0370 135 147 12 0.69
BJ0380 42 64 22 0.85
BJ0380 127 133 6 1.15
BJ0383 36 50 14 0.53
BJ0383 80 86 6 1.66
includes 1 m @ 6.31 g/t
BJ0383 106 124 18 0.93 Au from 111 m
BJ0383 139 154 15 0.77
BJ0383 165 175 10 0.81
BJ0403 48 65 17 0.61
BJ0403 84 102 18 0.68
BJ0407 33 34 1 6.55
BJ0407 103 119 16 0.62
BJ0407 145 164 19 0.76
BJ0416 74 91 17 0.69
BJ0443 117 131 14 1.11
BJ0449 80 91 11 0.53
BJ0449 115 125 10 0.88
BJ0449 140 154 14 0.57
BJ0455 135 139 4 2.92
BJ0456 83 94 11 0.52
includes 1 m @ 11.30 g/t
BJ0476 53 59 6 2.10 Au from 58 m
BJ0476 70 84 14 1.46
includes 1 m @ 11.65 g/t
BJ0534 65 71 6 2.03 Au from 70 m
includes 1 m @ 8.28 g/t
BJ0537 156 180 24 1.07 Au from 156 m
BJ0540 145 155 10 1.55
BJ0626 119 127 8 1.23
includes 1 m @ 15.55 g/t
BJ0626 160 166 6 2.72 Au from 160 m
BJ0661 63 86 23 1.14
BJ0661 110 123 13 0.61
includes 1 m @ 18.25 g/t
BJ0682 152 155 3 6.70 Au from 152 m
BJ0687 115 144 29 0.72
BJ0687 204 214 10 0.57
BJ0696 53 79 26 0.67
BJ0696 84 96 12 0.44
BJ0765 160 162 2 2.37
includes 1 m @ 17.10 g/t
BJ0939 100 102 2 8.71 Au from 101 m
BJ0975 45 50 5 1.16
BJ1056 47 59 12 0.49
BJ1101 89 100 11 0.94
BJ1107 61 72 11 0.58
BJ1138 133 144 11 0.48
BJ1154 76 87 11 1.16
BJ1175 76 86 10 0.35
BJ1214 75 80 5 1.12
BJ1216 108 122 14 0.46
BJ1216 161 162 1 9.66
BJ1249 92 103 11 0.45
BJ1249 108 123 15 0.76
BJ1269 29 50 21 0.64
includes 2 m @ 6.83 g/t
BJ1269 116 120 4 3.75 Au from 116 m
BJ1273 14 16 2 2.38
BJ1273 32 38 6 1.76
BJ1273 67 81 14 0.45
BJ1275 38 52 14 0.49
BJ1275 58 69 11 0.83
includes 1 m @ 6.25 g/t
BJ1275 130 135 5 1.68 Au from 132 m
BJ1294 132 148 16 0.59
BJ1349 51 65 14 0.48
BJ1349 149 164 15 0.68
BJ1349 167 179 12 0.51
BJ1378 38 39 1 6.12
includes 1 m @ 7.44 g/t
BJ1378 70 74 4 2.14 Au from 72 m
includes 1 m @ 8.63 g/t
BJ1378 92 95 3 3.06 Au from 92 m
includes 2 m @ 10.27 g/t
BJ1378 102 105 3 6.96 Au from 102 m
includes 2 m @ 4.33 g/t
BJ1378 161 177 16 1.07 Au from 161 m
BJ1379 48 61 13 0.41
BJ1379 163 175 12 1.26
BJ1483 87 92 5 1.73
includes 1 m @ 7.23 g/t
BJ1483 104 109 5 1.79 Au from 107 m
BJ1483 117 130 13 0.47
BJ1844 144 176 32 0.66
BJ1844 189 193 4 2.72
BJ1844 211 224 13 0.69
BJ1958 120 125 5 8.05
BJ1958 129 143 14 0.49
BJ1978 52 62 10 0.39
BJ1984 61 64 3 2.32
BJ1997 140 152 12 0.90
BJ2009 53 63 10 0.69
BJ2009 74 91 17 0.50
includes 6 m @ 3.86 g/t
BJ2011 33 48 15 2.13 Au from 39 m
includes 3 m @ 7.29 g/t
BJ2011 149 159 10 2.53 Au from 150 m
includes 1 m @ 7.96 g/t
BJ2027 92 94 2 4.14 Au from 92 m
BJ2034 22 32 10 0.43
BJ2035 24 49 25 0.73
BJ2037 34 53 19 0.62
BJ2037 109 129 20 0.61
includes 1 m @ 6.84 g/t
BJ2039 41 47 6 1.42 Au from 45 m
BJ2044 121 132 11 0.55
BJ2052 60 61 1 9.75
BJ2052 141 146 5 1.59
BJ2064 56 58 2 3.29
BJ2064 180 187 7 2.51
includes 4 m @ 3.13 g/t
BJ2067 143 151 8 1.96 Au from 143 m
BJ2069 148 172 24 0.99
BJ2069 185 206 21 0.75
BJ2072 85 95 10 0.89
BJ2073 107 113 6 1.82
BJ2073 139 158 19 0.59
includes 1 m @ 17.75 g/t
BJ2073 191 193 2 9.04 Au from 191 m
BJ2075 133 148 15 1.00
BJ2075 214 233 19 0.53
BJ2077 89 103 14 0.71
BJ2077 121 133 12 0.85
BJ2079 110 120 10 0.44
includes 1 m @ 12.20 g/t
BJ2079 156 181 25 0.98 Au from 164 m
includes 1 m @ 6.23 g/t
BJ2079 211 222 11 1.38 Au from 212 m
BJ2082 38 55 17 0.92
includes 1 m @ 10.85 g/t
BJ2082 94 97 3 3.86 Au from 94 m
includes 3 m @ 6.05 g/t
BJ2082 117 125 8 2.51 Au from 122 m
BJ2084 37 40 3 2.30
BJ2101 189 199 10 0.64
BJ2103 94 104 10 0.69
BJ2105 28 49 21 0.45
includes 2 m @ 5.49 g/t
BJ2161 157 187 30 1.05 Au from 171 m
BJ2197 1 2 1 22.30
BJ2280 117 121 4 2.36
BJ2304 127 133 6 1.28
includes 2 m @ 10.09 g/t
BJ2304 157 160 3 6.83 Au from 158 m
BJ2334 44 49 5 1.14
includes 2 m @ 5.29 g/t
BJ2334 128 136 8 1.61 Au from 129 m
--------- ------ ----- ------- -------- --------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
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