ALD looking better all the time Further high grade...

ALD looking better all the time

Further high grade mineralisation has been encountered from drilling outside of the
proposed Sorowar oxide gold pit on Simberi Island. Including;
• 5m at 10.8g/t gold from 71m in RC1161 (ended in mineralisation, results
from remainder of hole yet to come).
• 15m at 3.15g/t gold from surface in RC1162.
Phase 4 Drilling – Sorowar Area
RC1161 was designed to sterilise ground to the west of the proposed pit and
recorded 5m at 10.8g/t gold from 71m. The hole ended in mineralisation and results
from the remainder of the hole are expected shortly.
The high-grade oxide gold mineralisation intercepted in this hole confirms the
potential for further oxide mineralisation to be discovered outside of the proposed
Sorowar pit (refer to map attached). Presently, less than 10% of the drill holes
completed in the Sorowar area lie outside of the planned open-pit, resulting in the
limits of the mineralised body being unconstrained by drilling.
ACN 104 855 067
The strongly mineralised structure intersected in RC1161 shows good potential to
extend the Sorowar deposit and this area will be further drilled to determine the
extent and tenor of the gold mineralised zone.
At Sorowar East, a 12 hole, 1200 metre drilling programme is underway. The first drill
hole RC 1162 has encountered 15m at 3.15g/t gold from surface.
These high grade intercepts indicate that the dimensions of the Sorowar gold deposit
remain open in all directions and at depth.