thought something was up:
29th May 2013
More High-Grade Gold in Two New Surface Zones near Old Pirate
ABM Resources NL (“ABM” or “The Company”) presents an update on extensional exploration work in the area around the Old Pirate High-Grade Gold Project in the Northern Territory.
Extensional Exploration:
? Bermuda South Prospects
• Located 400m south of main Old Pirate Resource and 150m south of Bermuda High-
Grade Gold Prospect.
• New high-grade gold surface sampling results:
? 30m by 15m area with multiple quartz veins. ? Surface assay results include:
• 21.6g/t gold, 21.0g/t gold, 19.85g/t gold. • Untested with drilling, follow up work planned.
? Bandit South Prospect
• Located 1.7 kilometres south east of Old Pirate.
• Following up on previously announced 108g/t gold rock chip.
• High-grade gold surface results from systematic trenching program:
? Outcropping veins over area approximately 6m by 2m extending undercover to the south.
? Surface assay results include:
• 66.2g/t gold, 62.9g/t gold and 18.85g/t gold.
• Average grade of 25.6g/t gold.
• Untested with drilling, follow up work planned.
? More than 1000 other surface samples from multiple quartz veins pending assay.
Trial Mining / Processing Update:
• Heavy equipment being mobilised to site.
• Site works to commence next week.
• All on schedule and budget.
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