ADU adamus resources limited

ASX ANNOUNCEMENT20th November 2003Detailed Drilling at Salman...

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    ASX ANNOUNCEMENT
    20th November 2003
    Detailed Drilling at Salman Central Produces Spectacular Intersections
    including 56m @ 7.5g/t gold from surface
    RECENT ASX ANNOUNCEMENTS
    30/10/03
    Quarterly Report - 30 September 2003
    16/10/03
    First Exploration Drillholes at Salman
    Produce Impressive Results
    24.09.03
    Adamus Acquires a Further 241 sq kms
    of Ground
    18.09.03
    Adamus Acquires Neighbouring Projects
    The Directors of Adamus Resources are pleased to announce that
    detailed drilling at Salman Central has intersected the best results
    recorded to date at the Salman deposit. Drilling focused on areas of
    the Central Zone that had previously only been drill tested on
    relatively broad spacing (up to 100m). The detailed program not only
    confirmed the Company’s geological model for the deposit, but also
    intersected some of the most impressive zones of mineralization
    recorded to date.
    All holes drilled in the infill program intersected substantial
    mineralization over broad widths. The table below highlights the
    standout intersections from the program, with every drill hole result
    in the table except one encountering mineralization from
    surface.
    Table 1. Assay results from RC drilling at the Salman deposit
    Hole Prospect Easting Northing From
    metres
    Interval
    metres
    Au g/t
    Gold
    SNRC093 Central Zone 584225 552025 0 56 7.5
    SNRC095 Central Zone 584275 552075 0 44 3.3
    SNRC095 including 16 16 6.4
    SNRC097 Central Zone 584225 552125 0 60 1.7
    SNRC097 including 32 20 3.7
    SNRC098 Central Zone 584275 552125 0 40 2.1
    SNRC098 including 20 20 3.9
    SNRC099 Central Zone 584175 552125 28 47 4.6
    SNRC099 including 44 31 6.7*
    SNRC101 Central Zone 584275 552175 0 20 5.7
    SNRC102 Central Zone 584225 552175 0 40 2.7
    SNRC102 including 0 20 4.8
    Note: All intersections derived from RC drill chips collected by riffle splitter, 1m composites given preference to 4m composites
    where available. Samples analysed by Fire Assay at Transworld Laboratories in Tarkwa, Ghana.
    * hole finished in mineralisation
    With stage 1 of the infill drilling completed at Salman Central the drill
    rig has returned to exploration drilling at Salman South, where two
    anomalies extending over 500 metres of strike will be tested over the
    coming weeks.
    Results from the on-going program will be released to the Australian
    Stock Exchange at the earliest opportunity.
    Detailed information on all aspects of the Company’s exploration
    activities can be found on Adamus’ comprehensive website
    www.adamusresources.com.au.
    Hamish Halliday
    MANAGING DIRECTOR
    LINKS
    Website
    www.adamusresources.com.au
    Stock Exchange
    www.asx.com.au
    Email
    [email protected]
    CORPORATE
    Registered Office
    Level 2
    45 Richardson Street
    West Perth WA 6005
    Postal
    PO Box 568
    West Perth WA 6872
    Telephone + 61 8 9322 5943
    Facsimile + 61 8 9322 5907
    Share Registry
    Advanced Share Registry
    Level 7, 200 Adelaide Terrace
    Perth WA 6000
    Telephone + 61 8 9221 7288
    Facsimile + 61 8 9221 7869
 
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