Ann: Quarterly Activities Report and Appendix 5B, page-14

Below is why I’m excited about Malmsbury after the site visit.

Put the Fosterville potential aside for a minute.

This is separate to that, newly discovered potential.

Our guys found outcropping USTS overprinted by later hydrothermal veins on a very altered granodiorite.

Pretty sure this is the first discovery of USTS in the Bendigo zone.

According to this doc, what we want is to tap beneath the UST zone into the cupola where fluids may have been trapped.

We know the fluids are likely Au enriched because the grab samples of UST material are 0.5ppm Au.

It’s possible we have that trapped fluid environment as there are no breccia pipes identified in the area as far as I know, no way for the fluid to have gotten out. Potentially.

Excited for this hole. And for slabbing my UST boulder.

http://www.cmi-capital.com/Doc_Server/SEEGF_Docs/Kirwin/2-UST-Europe-10%20Sep%202006.pdf