Ann: Diamond Drill Program Update, Turon Gold Project, page-3

Diamond Drill Program Update, Turon Gold Project

 Diamond drill program at the Turon Gold Project, Lachlan Fold Belt progressing smoothly:
o 2 drill holes (BD001 and BD002) at Britannia Mine complete
o Drill rig mobilised to Quartz Ridge, drill hole QRD001 has commenced

 Positive indicators for mineralisation returned in both holes at Britannia:
o Broad zones of significant quartz veining, pervasive sericite alteration and
disseminated pyrite-arsenopyrite
o Prominent vein quartz reef intersected, interpreted as representing Nobby's Reef, a
historically noted gold-bearing quartz reef
o 2 subparallel vertical faults intersected, interpreted as the controlling structures for
mineralisation at the Britannia Mine also intersected in both holes

 Alteration-style encountered at the Britannia Mine similar to shear-hosted gold deposits
such as Spring Gully, 10km east of Turon