re: Ann: Successful Follow up Drilling New Zo... interesting,...

re: Ann: Successful Follow up Drilling New Zo... interesting, finding a dyke in the geological structure


"All holes drilled have intersected the high gold bearing spur veins associated with a narrow fault above the BFZ. This narrow fault zone lies approximately 40m below the Sulieman Decline from where this drilling originates (Figure 2). This narrow fault contained some extremely high gold concentrations across narrow intervals in disperse quartz veins in initial holes CBU058 and CBU059 with grades of 26.6g/t, 53.8g/t and 156.9g/t Au (ASX release of 9th December 2010). High grades from this zone continue with CBU069 reporting 8.8 metres at 9.3g/t Au including 0.7 metres at 109.6g/t Au and CBU060 1.3 metres at 65.5g/t Au. This gold mineralisation appears associated with a felsic intrusive dyke which post dates folding, is fold cleavage parallel and may pre-date the gold mineralisation."