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Eleckra reports high grade gold assays continue at Central Bore

Wednesday , 10 Nov 2010

Eleckra Mines Limited ("Eleckra" or "the Company") (ASX: EKM) is pleased to announce more high grade gold intercepts at its Central Bore Trend within its wholly-owned Yamarna Gold Project, 140km east of Laverton, Western Australia.

On 25th October, Eleckra announced the highest gold intercepts recorded from its Central Bore Trend within its Yamarna Gold Project; 1 metre @ 845 g/t Au within an intercept of 5 metres @ 146 g/t Au (average*) from 226 metres, recorded from 10EYRC0103. The latest assay results returned assays up to 1 metre @ 182 g/t Au within an intercept of 6 metres @ 35 g/t Au from 10EYRC0106.

Highlights:
- 6 metres @ 35 g/t Au from 237 metres including 1 metre @ 182 g/t Au
- 1 metres @ 19.14 g/t Au from 272 metres
- 5 metres @ 4.07 g/t Au from 274 metres
- 4 metres @ 2.75 g/t Au from 230 metres
- 3 metres @ 3.5 g/t Au from 233 metres

In the current program, the 3rd RC drilling program at Central Bore, Eleckra has completed 13 RC holes (10EYRC0094 to 10EYRC0106) for 3,257 metres at the Central Bore deposit.

The purpose of the current RC drilling program at Central Bore was to establish the orientation of the highgrade shoots with greater confidence.

Two pre-collar holes (10EYRC0094 and 10EYRC0095) are expected to be completed with diamond tail at the end of the program. The results from the holes 10EYRC0097 - 10EYRC0102 that were drilled in the southern part of the Central Bore, confirmed that there is no gentle plunge to the south.

Additionally, results from the holes 10EYRC096 and 10EYRC0103 - 10EYRC0106 that were drilled at the northern shoot "The Imperial Shoot" confirms a continued high grade, steep plunge. Further drilling at the Imperial Shoot has been recommenced.

The current RC drilling program will be finalised later this year. Eleckra aims to publish its maiden JORC resource in early 2011.

Chairman Mr Ian Murray commented "These continued high grade intercepts at Central Bore reinforce our belief that we are uncovering a potential new gold region in Australia. Further drilling of the numerous targets that we have around Central Bore will assist us in gaining a better understanding of the regional geology."