Ann: Mining Evaluation of the Koala Gold Mine Underway-GBZ.AX, page-2

From the release 3rd May

Mount Coolon Gold Mines Pty Ltd (a wholly owned subsidiary of GBM), was awarded a collaborative drilling
grant as part of the Queensland Government ‘Future Resources Program’. The grant supports the direct
drilling costs up to a maximum of $90,000 for three holes at Koala; two to test the Tower Hill IP/magnetic
anomaly and one to test for northern extensions of the Koala Lode. The approved program consists of RC
pre-collars and diamond tails up to 1,800m total drilling metres. Final collar positions will be determined
following further review of historic geophysical and drilling data. All drilling must be completed by
December 2016 with final reporting submitted to the Department 3 months after project completion.

Is this in addition to the 19 holes mentioned in latest annoucement below?

A two staged drilling programme forms part of the Study to test the
resource area around the old (circa 1930) underground workings at the
Koala Gold Mine. The first stage of drilling will comprise around 1,100
metres of drilling in 19 holes and is expected to commence in
September.
A second stage of drilling will comprise a further 3,500 metres of drilling.
It is expected that completion of these two programmes will provide
sufficient data to improve the confidence level of the current Koala
resource in the area of the old underground workings.

If so a busy quarter for GBZ.

Also notice in the last two releases regarding Mt Coolon there is still an add on that they are prioritizing both Mt Coolon gold project & Mt Morgan Copper/Gold projects.

Would be excellent if in the writing of JV with Pan Pacific Copper they (PPC) agreed to pay for the drilling evaluation of Mt Morgan.
As always DYOR.
Pickle