Ann: EXTENSIVE MINERALISATION INTERSECTED IN FIRST HOLE, page-2

Highlights  Drilling intersects extensive zones of base metal mineralisation in the first drill hole into the large IP chargeability zone beneath the Bowdens Silver resource.  Mineralisation zone extends for approximately 300 metres down hole.  The zone includes intervals of higher intensity base metal mineralisation over an approximate 80 metre interval down hole.  The visual results from this drill hole demonstrate the existence of a significant base metal system hosted in basement rocks beneath the Bowdens Silver Deposit.  The initial hole forms part of a larger drilling program to test the extent of the IP chargeability zone which is over 1000 metres in strike and 250 metres wide.  Drilling will now test the central and southern portions of the target as part of a larger initial program of up to 11,000 metres.