CARRICK GOLD LIMITEDACN 100 405 954Level 9, 37 St. George’s...

CARRICK GOLD LIMITED
ACN 100 405 954
Level 9, 37 St. George’s Terrace, Perth, WA 6000
Tel: (08) 9225-5544 Fax: (08) 9225-5533
G.P.O. Box 2567, Perth, WA 6000
Companies Announcement Platform 5 October 2005
Australian Stock Exchange
TOTAL RESOURCE APPROACHES 2.0M OZ
110% INCREASE IN INDICATED RESOURCE TO 576K OZ
Diamond and reverse cycle drilling recently completed on the Lindsays
Project has more than doubled the JORC compliant indicated resource from
3.7 million tonnes at 2.3 grams per tonne for 272,000 gold ounces to 6.84
million tonnes at 2.63 grams per tonne for 576,000 gold ounces and has
increased the overall JORC compliant resource to 1.99 million gold ounces.
The recent drilling has also lifted the overall grade from 2.2 grams per tonne
to 2. 43 grams per tonne.
The new resource estimate at a cut-off grade of 0.5g/t and an upper cut-off of
20 g/t as follows:
Tonnes Grade (g/t) Gold
(millions) (grams per tonne) Ounces
Measured: 0.16 3.0 15,385
Indicated: 6.84 2.63 576,576
Inferred: 18.54 2.35 1,396,442
25.54 Million Tonnes @ 2.43 g/t for 1.99 Million Ounces
The information in this report which relates to exploration results, mineral resources or ore reserves Is based on information
compiled by Peter Paterson who is a Member of the Australasian Institute of Mining and Metallurgy and the Australian Institute of
Geoscientists with a minimum of five years experience which is relevant to the style of mineralisation and type of deposit under
consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the
‘Australasian Code for Reporting of Exploration Results, Mineral Resources, and Ore Reserves. Mr. Paterson consents to the
inclusion in the report of the matters based on his information in the form and context in which it appears. Mr. Paterson is an
employee of Tarnwood Pty. Ltd. which consults to Carrick Gold Limited.
BEVAN JAGGARD
Company Secretary
CARRICK GOLD LIMITED