Ann: Abundant visible gold intersected in wide zo, page-2

re: Ann: Abundant visible gold intersected in... Underground diamond hole CZUG001 in Hawkins Hill – Reward deposit has intersected a
35 metre wide zone of quartz veining with abundant visible and coarse gold.
• The hole confirms the continuity of the wide Central Zone and increases the potential for
a wide high grade bulk mineable zone of over 200,000 tonnes in the Patriarch area.
• New high grade targets continue to be identified based on the Indicator Fault system as
the source for gold mineralisation.
• Preliminary assays are being received for the initial holes in the 5,000 metre
underground diamond drilling program and will be announced when finalised.
• Drilling and development continues to extend resources and providing mine planning
data for the proposed expansion of the Hill End project.
Diamond drilling in the 5,000 metre program at the Hawkins Hill – Reward deposit at Hill End has
intersected a 35 metre (true width) zone of close spaced quartz veining with many veins containing
abundant visible and coarse gold. Hole CZUG001 drilled from the 640 level at 1250N has confirmed
that the wide Patriarch Central Zone intersected in HHUG09 with 4.1g/t gold over 17.3 metres has
become wider higher up.
This strong gold mineralisation from the Mica to Paxtons vein sets is associated with a fifty metre
wide Indicator Fault network, which is the plumbing system for high grade gold enrichment in the
Hawkins Hill – Reward deposit. The wide Patriarch Central Zone is interpreted to continue upstructure
into the hanging wall vein sets of Stevens and Frenchmans above the 725 level, downstructure
into the Amalgamated and Brands and Fletchers vein sets below the 640 level and along
strike to the south adjacent to previous Mica workings.
The wide CZUG001 intersection is 20 metres above previously reported intersections in HHUG09 of
4g/t gold over 17 metres and 50 metres south of HHUG12 of 3g/t over 17 metres and additional
holes are in progress from the 1250N position to drill the Patriarch Central Zone up to the 725 level.
The location is to the north of historical Mica workings which were stopped against an old tenement
boundary and which had been mined at grades of up to three ounces per tonne over a metre width,
although no mining nor exploration has tested the hanging wall potential.
The Patriarch Central Zone drilling is outlining a zone of very high grade vein sets, which may be
individually mined or bulk mineable at a higher productivity and lower cut off grade. Previous
estimates of over 200,000 tonnes at 4g/t for the bulk mining potential of this wide zone may be conservative