cmpg drilling strategy, programme and targets

Hi AAG share holders,

I have summarised a few key points regarding the drilling programmes, targets and some background information on the deposits from the three mining centres of CMGP.
It will provide an overview of the projects and its potentials. For further details you could refer to the companys asx announcement (eg 30 Nov 2009 Fulcrum Acquisition, 2009 December quarterly, etc). I hope it can give a better picture and understanding on AAG.

ASX announcement 24 Feb 2010 Drilling commence at Central Murchison Gold Project

The initial drilling programme consists of approximately 5,000 metres of reverse circulation and 7,500 metres of diamond drillig and will be targeting:
resource extensions and at the Murchison Bell and Day Dawn mining centres;
new discoveries based on a recent sub‐audio magnetic survey around the Cuddingwarra mining centre; and
testing the down plunge extensions of current resources at multiple locations.

ASX announcement 11 Feb 2010 Investor presentation Feb 2010

2010 Activity Focus

Cuddingwarra

Past production 800K oz Au. Current resources 349K oz Au.
Large scale low grade open pit style deposits.
Fresh approach with new data set targeting new discoveries.
Drill testing of high priority targets.

Murchison Bell

* Past production 2.6M oz Au. Current resources 657K oz Au.
Extensive mineralised shear hosting significant resources.
Drilling at Murchison Bell and Fender to significantly increase resourceinventory.

Day Dawn

Past production 1.6M oz Au. Current resources 488K oz Au.
Proven high grade underground potential.
Drilling for repeat high grade quartz lodes along Great Fingall Dolerite.
Drill targeting of depth extensions and possible convergence of GoldenCrown and Great Fingall reef and splays.

RC and Diamond Drill Programs due to commence at Murchison Bell late February and continue at Cuddingwarra and Day Dawn in the coming months.

Cuddingwarra - Near Mine Targets
Targeting resource additions Rheingold, Black Swan South, Black Swan and Golden Gate mineralised trend over 3km strike. Strong opportunity to define depth continuity

Murchison Bell / Fender - Near Mine Targets
Targeting significant resource additions - Murchison Bell to Fender mineralised trend.

Day Dawn Great Fingall Dolerite (GFD) Exploration
high grade targets of the GFD (past production of 1.6 million oz Au)
extending over 12kms
targeting of high grade reef repetitions similar to that at Golden Crown and
Great Fingall
numerous open resources (Rubicon, Yellow Taxi etc)
Underground Resource Potential
Golden Crown, Great Fingall, Rubicon

Golden Crown Historic production 648Kt @ 13.8g/t (288Koz)
First mined in 1897 to 1902 down to 80m.
1935 WMC estimated up to 80,000tns @ 12g/t then relinquished to ACM
1983 ACM realised a depleted zone to 120m.
Defined resource of 350,000tns @ 21g/t (237,000 oz).
1986 ACM sunk a shaft and commenced mining
1991 ACM taken over by Normandy.
1996 Mining ceased due to UG development being unable to keep up with the
required production rate to feed the Big Bell processing facility

Great Fingall Historic production 1.9Mt @ 19.5g/t (1.2Moz)
First discovered in 1891 and mined until 1918.
Known as one of the world greatest mines during production before closure due
to WW1 and decline in economy

Great Fingall and Golden Crown Mineralisation

Quartz Reef
Great Fingall and Golden Crown
Within GFD as dilational fill of shears/faults
2-3m thick , high to very high grade
Moderate dip (45-65)
Quartz Stockwork
Gt Fingall, 3210, Try Again, Yellow Taxi, Mt Fingall
Stacked Quartz sheets
cm- several m thick, lower overall grade
Flat dips (15-30)


Exploration targeting depth extensions and possible convergence of lodes