Short Term Trading Week Starting: 27 May, page-9

CAI Calidus Resources

Major exploration continues at Warrawoona and High Grade Copenhagen with the aim of adding to Gold inventory .
In less than 2 years they have tripled projects resources to 1.25 Moz .

There will be Huge Upside Klondyke .
ALK have invested about $ 6 million in the past 8 months .
The have been building towards the PFS for the past year or so which will be completed in July and results announced early Quarter 3 .
Rig at Klondyke West working now .
Sight layouts to be released in the next few weeks .
Geophysics will be released in the next month .
Ongoing drill releases from the regionals to start in the next few weeks .
Calidus Resources believe it is a very good grade open pit , metallurgy as good as you get .
With recent placement , fully funded through PFS and upcoming drilling .
There is not many stories like this on the ASX .

Calidus Resources will be presenting at the below Investor Conferences .

Resource Rising Stars Gold Coast Conference June 4 th and 5th
Noosa Mining and Exploration Investor Conference July 17 to 19th
Diggers and Dealers Mining Forum Kalgoorlie August 5th to 7th .