aud15 market cap and huge 73g tonnes of gold

Gold assays received from the Lionel Diggings project in North Queensland • Assays from mineralised quartz veins with up to 28.8g/t gold and 39.5g/t silver have been received from grab samples across the vein system at ML 10232. • Alteration envelopes in host granites up to 0.5m thick around the quartz veins carry up to 73.3g/t gold and 12.7g/t silver in grab samples. • The surface results now justify a reverse circulation drill program at Lionel Diggings to test the potential for economic gold-silver mineralisation at depth. • A seven-hole program along five sections and totalling some 1,080m is planned and a drill rig is scheduled to be on site in mid-December to complete the program before Christmas. The assay results from the first phase of exploration on the highly prospective Lionel