New High Grade Gold Discovery – Camaro ProspectASX ANNOUNCEMENT...

New High Grade Gold Discovery – Camaro Prospect
ASX ANNOUNCEMENT 20 October 2009
Corvette Resources Ltd (ASX: COV) (The Company) announces the discovery of a very high grade gold
intersection at the Camaro Prospect, located within the Corvette project area (Figure 1).
 CVRC88 – 3m @ 40.33g/t Au from 97m
The Company has undertaken step out Reverse Circulation (“RC”) drilling at Camaro to define the extent of gold
mineralisation previously intersected (ASX announcement 28 August 2009).
Drilling has been conducted on east west lines spaced 50m apart with holes 30m apart drilled 60° to the west.
These holes have targeted a 30° east dipping north north-east trending structure clearly defined by a magnetic
feature (Figure 1). The gold intersections are within potassic altered quartzo-feldspathic gneiss with anomalous
bismuth and tellurium, similar to the host rocks at Tropicana.


This intersection is open along strike and at depth which will be tested by RC drilling planned for November.
Further assay results are pending and the results will be reported when received and compiled.
Figure 2 shows a plan view of the drilling completed at Camaro and the location of the new high grade intersection in
CVRC88.
Corvette is located 60km south of Tropicana in the Albany Fraser Foreland Belt (Figure 1) and is part of the
Company’s 100% owned Plumridge Project (2,302 sq km). The recent announcement by the AngloGold Ashanti
Australia/Independence Group JV of a possible planned production start in 2013 on the 5Moz Tropicana-Havana
gold deposit is a positive endorsement of the prospectivity of this region.
Managing Director, Patrick McManus said “We are particularly excited about this bonanza gold result and the
presence of multiple gold intersections over an increasing strike length. We are also very encouraged by the field
reports of similar sulphide alteration and veining recorded in the holes drilled to the south and anxiously await these
results. These results further support the occurrence of high grade gold zones at Corvette, similar to the high grade
gold shoots at Tropicana”.