Ann: Saki Final Trench Sampling Results Including 1m @128g/t Au, page-96

Some more information on TGM.

The drill indicated resource quoted in 1988 was 1.07 Mt @ 22.0 g/t Au at a cut-off of 4 g/t Au.
Reserves and resources in 2003 are quoted as (from Durban Roodepoort Deep Ltd, website:
Proven+probable reserve - 0.16 Mt @ 15 g/t Au for 2.4 t Au
Measured+indicated+inferred resource - 0.3 Mt @ 29.9 g/t Au for 9.0 t Au

this indicates that the estimated reserve greatly increased as they drilled more extensively. Remember Saki has only really been tested at the surface so far for open cut mining. Thus may be what petronium had in mind or as it was cheaper, easier and safer to drop a heap of shallow holes for initial testing. Saki isnt the only site drilled. They also anly took Saki to phase 2!

“Gold mineralisation is present in several sub-vertical quartz vein zones within the Mt Davidson Volcanics equivalents, located along two 115° striking faults that are 500 m apart and also in a north trending dilational zone connecting these two structures. The veining ranges form 1 to >10 m in thickness, averaging 2 to 3 m. The southern fault and dilational zone are the Tolukuma vein, the northern is the 120 vein, with the majority of the >5 g/t Au being within the former while lower and more erratic grades are in the 120 vein and the northern parts of the Tolukuma vein. Highgrade (>5 g/t Au) mineralisationoccursover a maximumverticalintervalof275m.”

remember, At Saki they have only drilled to 120m. They akso haven drilled any of the extension we uncovered which again indicated to me they were on a exploration and identification mission and intended to do further drilling at some stage.
Also there is an anomally at around 450m from memory.
looking forward to the Q2 drill program

GD