CRK carrick gold limited

ann out. excellent results again

  1. 2,520 Posts.
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    www.carrickgold.com
    CG25th October 2006
    Drilling joins Parrot Feathers
    C CARRICK GOLD LIMITED
    ACN 100 405 954
    Level 9, 37 St. George’s Terrace, Perth, WA 6000
    G.P.O. Box 2567, Perth, WA 6001
    Tel: (08) 9225 5544 Fax: (08) 9225 5533
    CG
    Carrick Gold Limited 1
    Highlights
    and Trial Pit
    Drilling confirms Parrot
    Feathers and Trial Pit part of
    one resource.
    Resource continues north of
    Parrot Feathers.
    Drilling highlights include:
    · 4m @ 12.42g/t Au
    · 5m @ 3.95g/t Au
    · 4m @ 2.88g/t Au
    · 3m @ 3.7g/t Au.
    Completion of the recent close-spaced drilling programme has confirmed the continuity of the
    gold resource from Parrot Feathers to the Trial Pit and has intersected additional significant
    mineralised structures (Refer: Table A and B). These structures are part of a large gold
    mineralised system dipping to the west and the recent drilling has disclosed the resource
    continuing to the north of Parrot Feathers. Continuity of mineralisation greater than 1g/t is
    presented in Plan (Refer: Figure 1) and in Long Section (Refer: Figure 2).
    The thicknesses of mineralisation in the central corridor are greater than 3 metres particularly
    at Parrot Feathers, Copperline and the Trial Pit.
    Extension drilling is planned to the north of Parrot Feathers down plunge and drilling is to
    continue south adjacent to the western side of the Trial Pit between the intersections in drill
    holes PFRC297 and PFRC260. This will be infill drilling and represents a strike distance of
    approximately 280 metres (Refer: Table C).
    Because of the establishment of the resource continuing to the north of Parrot Feathers and
    the increasing thickness and grade of the intersections, it has been determined that drilling
    will continue to the north of Parrot Feathers in anticipation of a further significant increase on
    the indicated resource.
    ASX Code CRK
    US: OTC Ticker Symbol CKGDY
    Prices as at 24th October 2006
    Gold price US$583/oz
    Carrick Gold Shares AU$1.00
    Carrick Gold Options AU$0.74
 
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