set to sizzle in a real short time

the cap. raising is out of the way now at an issue price of 30c (with options). shares traded on friday at 27c. assay results pending.

surface drilling results could be good as 2005 drilling campaign found a new gold reef at 50 metres depth which has been intersected again at 75 metres in recent drilling.

the surface drilling also intersected Whitelaws reef on level 4/5 in the south aspect of the dyke - which produced in the past at 40g/t.

the u/g drill, which is targeting the 7 sub level, including Whitelaws reef (that dips to the north), has hit multiple reefs. this could be big.

it should be notes that the co. owns 5 diamond drill rigs. 3 are in operation. one u/g rig is drilling up from the 9 level towards level 7 (hole no. MS405). the second u/g rig is drilling down deep into the 'gap zone'. the second u/g rig is located near the shaft.

the one surface rig in operation is into tingha/waverley dyke about now.

for any new faces check out the excellent website. pretty much all info can be verified there. DYOR