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Additional Au in soil assay results confirm continuity in the geochemistry on tighter sample spacing
?Higher values range from approx. 20ppb to plus 100ppb, with a new peak value of 270ppb
?At a 20ppb contour the Au anomaly is 450m length x 200m width and open in many directions
?Soil sample lines are now spaced 50m apart and samples are at intervals of 25m along lines
?Tighter Au contouring provides a lens like character to the results with centres of > 100ppb Au
Deeper drilling is now planned due to commence shortly
?Traverse lines are now being finalised for “first pass scout drilling” to 40~100m depths
?Permits have been issued for commencement of this drilling at any time
Ground magnetic surveying has identified drill targets spatially associated with the Au in soil anomaly
286 auger drilling holes have been completed within the central corridor of the Au in Soil anomaly
?12 auger lines at with 5m hole spacings were drilled into shallow bedrock (<2.5m)
?The underlying rock is hard to penetrate with the auger and is considered to have been “undersampled”
?Auger Au assays provide cosistency with the overlying Au in soil anomaly, with a high value of 1.62g/t Au
?The auger traverses were conducted “prior” to soil geochemistry results being seen and have in many cases, not sampled the best soil geochemistry
The conclusion - the underlying rock gives rise to the Au in soil anomalism at Yoes Lookout