Ann: High Grade Gold Assays from Pearse North, page-2

good news, looks like another open cut pit in the planning

​

Exceptional gold assay results have been returned from the first two holes of the current drilling program at the Pearse North deposit, less than 200 metres north of the Pearse open cut. Intercepts include:
o 7 metres at 6.7g/t Au and 7.4g/t Ag from 6m
including 2 metres at 14g/t Au and 12.5g/t Ag; and
o 35 metres at 8.6g/t Au and 133.5g/t Ag from 18m
including 15.6 metres at 13.3g/t Au and 114.4g/t Ag (KMHDD030)
o 10.2 metres at 3.3g/t Au and 39.9g/t Ag from 47m (KMHDD031)
 A further diamond drill hole and 13 RC holes are planned at the prospect in the current program
 An updated resource estimate is expected in early 2016
 Planning has commenced for a possible second gold open cut on the Pearse trend