Ann: High grade gold at Bendigo North , page-6

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background to program:

BENDIGO NORTH GOLD PROJECT (Tandarra)
The Tandarra gold project is 40km north of the Bendigo Goldfield in Victoria (Figure 3).
Planning is underway for a 2,000m air core drilling program at the Tandarra prospect
expected to start in early May 2011. The program will follow‐up gold discoveries made in
2006 and 2007 which defined gold mineralisation over 7km strike with a peak assay of 1m @
259.8 grams of gold per tonne from 104 metres down‐hole in drill hole TAC125.
Drilling will concentrate on the southern end of the prospect, where the depth of cover is
modelled to be less than 50m thick (Figure 4). The drilling program aims to determine the
geometry, continuity and plunge of reef gold mineralisation intersected previously. The
program is scheduled for completion by the end of May with drill results expected in early
June.