HIGH GRADE DRILLING INTERSECTIONS FROM SOUTH WEST BRECCIA •...

HIGH GRADE DRILLING INTERSECTIONS FROM SOUTH WEST BRECCIA
• Metallurgical hole intersects 6.7m @ 11.6 g/t gold and 18m @ 6.85 g/t Au, incl. 6m @ 11.5 g/t Au
• Drilling below current pit design intersects 6m @ 7.16 g/t Au including 3m @ 11.5 g/t Au
• Deeper drillhole in progress to test down plunge projection of high-grade resource
Note: all intersections are downhole widths.
Perth-based Red Mountain Mining has received high grade results from diamond drilling the South West
Breccia (SWB) resource at its Lobo Project within the Philippines based Batangas Gold Project.
Three drillholes have been completed: to define the upper and lower extent of the SWB resource; produce
sample composites for metallurgical testing and to obtain geotechnical information for determination of pit
wall slopes. Drillhole locations are shown on Figure 1 and in longitudinal projection on Figure 2.
Drillhole LB 109 was drilled steeply across the northwest dipping SWB lode, intersecting 6.7m @ 11.6 g/t
Au from 9.3m downhole depth and 18m @ 6.85 g/t Au from 31m downhole depth including 6m @ 11.5
g/t Au (see Figure 3). Metallurgical samples will be composited for engineering tests and leach testing.
Deeper drillhole LB 110 was completed below the southwestern end of the proposed SWB open pit,
intersecting 6m @ 7.16 g/t Au from 43m downhole depth including 3m @ 11.5 g/t Au (see Figure 4). This
will potentially upgrade the indicated resource in this area and lead to a deepening of the pit design.
The upper most hole, LB 108, intersected a fault zone that forms the northeastern boundary of the resource.
The recently announced (30 April 2014) Trench 27 intersection of 5.0m @ 7.15 g/t gold (Au) including
2.0m @ 10.2 g/t Au is located on the other, footwall, side of this fault (see Figure’s 1 and 3).
Drillhole LB 113 is planned to test the down plunge projection of the SWB resource to provide information
for deeper targeting of potential underground resources.
Managing Director Jon Dugdale said, “These drilling results are encouraging because they indicate continuity
of the high grade resource below the current pit design. Further drilling, in progress, may lead to the
location of deeper extensions of this high grade zone