Summary of the 96 page exploration report recently disclosed...

Summary of the 96 page exploration report recently disclosed (probably coz they had to vs. they wanted to!):

Since 26 Oct 2013 48 RC holes and 21 Diamond holes drills for a total of 8.3 km.

Identified 4 coherent mineralised zones.

Some of the better drill intercepts included (from Table 1)

(1) 69m @ 2.76g/t including 3m @ 47.8g/t
(2) 15m @ 5.06 g/t
(3) 24m @ 2.16g/t and from same hole 30m @ 1.40g/t EOH
(4) 52m @ 0.98g/t
(5) 1m @ 154g/t
(6) 1m @ 31.8g/t and from same hole 6.7m @ 10.2g/t
(7) 27.2m @ 2.49g/t
(8) 3m @ 14.76g/t

This sits alongside previously released good drill results.

Zone 1 - 352m strike with a shallow plunge and flat ore body
Zone 2 - 400m with along strike continuity and mineralisation continued at depth
Zone 3 & 4 - Possibly one zone but still not confirmed

Multiple new prospects identified. One in particular uncovered by illegal miners using mechanical excavator is a quartz reef to the south of Japa that could extend deposit by 1.5km

No talk of future intentions nor is there any talk of 'possibilities'. Just a very dry technical report with no spin either way.

Appears that lots of illegal miners have been scrapping the surface of this deposit system and anecdotally that may bode well for future outcomes if drilling can confirm the presence of deeper mineralization.

Cheers
John