annual report 2009

The Annual Report is out. Having a quick read, I have noted the following:

The initial drilling at the Onkelo and
Oshiveli prospects was designed on
a 100 x 50 metre spacing, but by the
end of the year work had commenced
to close this down to a 50 x 50 metre
drill pattern through the area. Difficulty
of access, due to the highly dissected
and uneven nature of the terrain in
these areas, has meant that this work
is slow and much of it has to be
completed by the slower drilling of
diamond drill holes. This infill drilling
should allow better definition of any
shallow, contiguous higher grade
zones in this area, which would allow
these to be incorporated into the early
phases of the planned mining. This
work will also fill the gap that currently
exists between the Oshiveli and Onkelo
Prospects.


Most of the surface outcrop portions
of the known larger alaskite bodies
in this area are poorly covered by the
current drilling due to these being difficult
to access using the larger track-mounted
drill rigs. For this reason, a smaller
man-portable diamond drilling rig has
been incorporated into the drilling
program until mid 2010.

These areas (as per latest drilling report) have show much higher grades than Anomaly A. Watch this space.


Cheers , Skip