Friday, 13 April 2007Ref: 606/081Company Announcements...

Friday, 13 April 2007
Ref: 606/081
Company Announcements Office
Australian Stock Exchange Limited
Level 4 Exchange Centre
20 Bridge Street
Sydney NSW 2000
STRONG DRILL RESULTS EXTEND MINERALISATION AT BIG BLOW NORTH
The Directors of Halcyon Group Ltd (ASX:HCY) are pleased to announce that the Company has recently received strong
drill results with assays of up to 15.3 g/t that have extended the mineralisation to over 300 metres in strike length at
the Big Blow North prospect. This sits within the Bardoc Project located 12 kilometres along strike to the 4 Million Ounce
Paddington Gold deposit, 30 kilometres north of Kalgoorlie in Western Australia.
The recently completed nine hole Reverse Circulation (“RC”) drill program used to meet expenditure commitments
returned intersections such as: 3m @ 7.2g/t from 17 metres, 3m @ 4.4g/t from 32 metres, 3m @ 4.2g/t from 11
metres and 4m @ 3.6g/t from 34 metres.
A majority of the drill intersections in the mineralised zone to date at Big Blow North are less than 40 metres below
surface which potentially makes the prospect amenable to open pit mining operations. There is also scope for further
extensions with the mineralisation still open to the south and at depth.
The table below contains all the drill intersections greater than 5 gram-meters from the recent drill program.
Hole No. Northing
AMG 84
Easting
AMG 84
Dip Azimuth Depth
From
Interval Gold
Grade
HBGC001 6640659m 336447m -60o 270o 34m 4m 3.6g/t
including 34m 1m 10.0g/t
HBGC002 6640609m 336458m -60o 270o 22m 5m 1.5g/t
39m 5m 1.3g/t
55m 1m 7.0g/t
HBGC003 6640691m 336430m -60o 270o 17m 3m 7.2g/t
including 18m 1m 15.3g/t
30m 2m 3.2g/t
HBGC005 6640802m 336428m -60o 270o 17m 5m 1.0g/t
32m 3m 4.4g/t
including 33m 1m 10.2g/t
HBGC008 6640734m 336431m -60o 270o 11m 3m 4.2g/t
including 12m 1m 8.1g/t
Note: All RC intersections are derived from 1 metre samples that have been riffled spilt down to 2-3kgs and are analysed by aqua regia.
Looking forward, the Company plans to do further follow-up drilling at Big Blow North in order to confirm and extend the
initial mineralised zone with the view of delineating a mineable gold deposit that could generate a positive cashflow in the
future.
Kind regards
HALCYON GROUP LIMITED
Andrew Radonjic
MANAGING DIRECTOR
The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr Andrew
Radonjic, Managing Director of Halcyon Group, who is a member of The Australasian Institute of Mining and Metallurgy included in a list promulgated by
the ASX from time to time.
Mr Radonjic has sufficient 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 Radonjic consents to the inclusion in the report of the matters based on his information in the form and context in which
it appears.