Quarterly out:
Highlights
* Diamond and RC drilling completed at the Netiana Lodes at Balogo. 22 diamond holes were completed (3,844m). Nine holes were drilled with RC pre-collars which totalled 1,441m. An additional eight RC holes totalling 1,073m were also completed.
* High grade gold intercepts were obtained from diamond drilling at the Netiana Lodes at Balogo. New intersections include 13m at 111.0 g/t gold from 56m, including 4m at 343.0 g/t gold from 57m (BDH012) and 25.9m at 12.3 g/t gold from 55.1m including 1.7m at 172 g/t gold from 65.8m (BDH011).
* Diamond drilling successfully extended the depth extent of mineralisation in the central portion of the Netiana Lodes from 85m to at least 220m depth.
* Metallurgical testwork on samples from the Netiana Lodes achieved recoveries exceeding 95% with 49.7% recoverable as a gravity concentrate.
* Coffey Mining engaged to undertake a Scoping Study of the Netiana Lodes to assess the potential to develop a mining operation.
* A detailed ground gravity survey was completed over an area of 6km by 2km at Balogo.
* New drill targets were defined at Sebba with rock samples returning up to 184 g/t gold and 0.8% copper.
* Terms Sheet for a Farm-Out Agreement was entered into with Blina Minerals NL on the Diapaga Proejct.
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