more high grade at welcome breccia

? Additional high grade gold intercepts from the Welcome Breccia discovery,
Ravenswood Gold Project, Queensland, Australia
? Three additional diamond drill holes intersect broad zones of gold
mineralisation within strongly altered breccia and associated quartz veining
including abundant visible gold
? WED006: 50m @ 3.87g/t Au from 298m
? WED007: 55m @ 10.54g/t Au from 420m (including 14m @ 21.83g/t Au)
? High grade gold mineralisation has now been defined over 200m vertically and
remains open at depth and laterally
? Further drilling to test the extents of this mineralisation is underway
Resolute Mining Limited is pleased to announce that it has continued to intersect
high grade gold mineralisation at the Welcome Breccia prospect, 40km north-west
of the Company's Ravenswood gold mine in Queensland, Australia.
The highlight of the latest three diamond drill holes was an intercept of 55m @
10.54g/t Au from 420m, including 14m @ 21.83g/t Au from 425m from drill hole
WED007. Other significant results included 15m @ 2.76g/t Au from 472m and
12m @ 6.18g/t Au from 524m in WED005 and 50m @ 3.87g/t Au from 298m
and 25m @ 2.12g/t Au from 361m in WED006.
A table of all significant intercepts and a plan and cross section of the drilling is
included in this announcement.
Gold mineralisation at Welcome Breccia is located within and around a near
vertical granodiorite breccia pipe located at the intersection of WNW and NE
trending structures. High grade gold mineralisation is generally focused towards
the margins of the steeply north plunging breccia zone and within steeply dipping
quartz vein arrays marginal to the breccia and has now been defined over 200m
vertically. Mineralisation appears to plunge towards a magnetic low and remains
open at depth and laterally.
Further diamond drilling is underway to outline the overall dimensions of the
system, whilst deep penetrating induced polarisation and infill multi-element
ASX ANNOUNCEMENT 31 AUGUST 2010
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geochemical surveys are planned to test for additional sulphide bearing breccia
pipes in the immediate region.
?These high grade results continue to confirm the significance of this new
discovery? commented CEO Peter Sullivan.
PETER SULLIVAN
Chief Executive Officer
Soon up 92c