high grade results continue from golden spec, page-7

re: spectacular grade results continue pacer69 Hi pacer69,

The company are suggesting an average grade in production of 30g/t Au Plus 5% antimony at Blue Spec and 25g/t Au from Golden Spec Plus 5% antimony (sb).

Combined production resulting in 60,000oz per year with Antimony credits equal to approx 15g/t Au

NB: based on 1% sb = 3 g/t Au at Antimony US$6000 per tonne and Gold US$600 per oz

Gold recoveries are estimated at 89-91%

The existing CIP treatment plant located within the Blue Spec project area, was specifically designed to separate and capture antimony from the production process by employing pressure oxidation of the sulphide concentrate during cyanidization.

Operating costs estimated to be low and CAPEX at well under A$20m

A JORC compliant resource in the next 2 weeks!