Nice result, I imagine that the IP study work done up at Clarks...

Nice result, I imagine that the IP study work done up at Clarks Gully will now be put to the test here at Garibaldi and Elenora...and Bakers Creek.

From the IP Survey Annoucement...
Future Geophysical Plans
Looking ahead, the Company plans to expand the geophysical program at Hillgrove, including:
• Dipole-dipole IP surveys to model a 3D interpretation, to determine depth of mineralisation.
• Drill testing of newly defined IP anomalies to validate potential extensions and identify new zonesof antimony-gold mineralisation.
• Surveys aimed at extending areas designated for future mine infrastructure development toensure efficient land use and reduce exploration risk during mine commissioning.

From this announcement...
Managing Director, Ron Heeks, commented:“It is very encouraging to see our drilling program at Eleanora-Garibaldi continues to produce high-gradedrill results. We have four rigs operating on site, with the current priority being at Eleanora-Garibaldi. Aswell as being one of our main focuses for ongoing resource definition, this drilling is taking advantage ofthe available drill sites before construction begins at the processing plant and access roads.

Historical exploration and mining focussed on only the highest-grade mineralisation. Our drilling isrevealing the presence of parallel lodes and splays off the main mineralisation and also in the selvedge ofthe old workings. The current drilling is designed to assess what is left from previous operations,particularly in the upper parts of the deposit; firm up these additional zones and increase confidence in theblock model.

The diamond drilling program is continuing at Eleanora-Garibaldi and Bakers Creek (Figure 1), infilling andextending previously identified mineralisation. Step-out exploration drilling is ramping up within the near-mine corridor, starting with exploratory drilling at the Golden Gate prospect.

Elenora and Garibaldi have only been mined at levels between ~780m and ~900m above sea level, vs Bakers Creek which has been exploited all the way down to sea level. Elenora, Garibaldi and Bakers Creek are all within the same host rock and only roughly ~1km apart. Who knows what will show up there.

Todays announcement certainly gives indication that there is some high grade material down there...a sucessful IP survey there would save swiss cheesing the hill to potentially find further high grade mineralisation and go straight to the biscuits so to speak. I am quite interested to find out if there is IP planned for this area in the near term...

GLTA.