Shannon describes intersections as 'exceptional'15:47, Monday,...

Shannon describes intersections as 'exceptional'
15:47, Monday, 25 September 2006

Sydney - Monday - September 25: (RWE Australian Business News) -
Exploration by Shannon Resources Ltd (SHA) has started with the drilling
of the Brilliant Prospect located on the interpreted Town Dam shear
system 500 metres west of the Scottish Lass mine workings.
Drilling angled holes to the south on a 20 metre north-south
grid has produced exceptional gold intersections - including 54m @
2.88g/t gold - likely to develop quickly into a producing gold mine.
Two north-south trending sub-vertical dolerite rock units within
a basalt ultramafic rock sequence hosts the gold in shallow dipping
quartz-sulphide shoots plunging to the north.
Thick zones of gold mineralisation of up to 50 metres have been
identified on an Eastern line with similar geology and grades occurring
on a Western line.
The two lines of the gold mineralisation are approximately 120
metres apart and the structures are still open to the north and south.
The rock sequence is deeply weathered and evidence of oxidation occurs
to a depth of 80 metres in places above a highly gold-mineralised
primary zone.
Strong gold intersections in the oxidised zones occur on both
the Eastern and Western line.