significant gold intersections continue to be enco

Well announced out this morning more encouraging results, but the sp still fails to perform, not much I can say anymore I stil think its a excellent buy but the market thinks otherwise, I will continue to hold has to break out of this soon enough.


Synergy Metals Ltd
SIGNIFICANT GOLD INTERSECTIONS CONTINUE
TO BE ENCOUNTERED IN THE CURRENT
DIAMOND DRILLING PROGRAMS.

Glen Wills
Synergy advises that the most recently assayed hole in the Maude-Yellow Girl program
has further demonstrated evidence of significant widths of gold mineralisation being
encountered at the project.
The intersection returned was:
GWDH025 11.5 metres @ 3.14 g/t gold
(including 3.9 metres @ 6.42 g/t gold)
GWDH025 was targeted to test below the interpreted down-plunge keel of
mineralisation previously encountered. The hole has intersected the mineralisation at a
dip angle of -68 degrees. This intersection appears to be slightly oblique to the strike of
the mineralising structure.
The intersection consists of a strongly developed hanging wall contact above lowergrade
quartz-sericite stockwork with the higher grade core consisting of quartz-sulphide
breccia. The intersection is approximately 30 metres below the lowest historic stoping
on the “Templeton” shoot at the 8 Level and approximately 18 metres south of the
previously reported intersection in GWDH024.
GWDH025 confirms the presence of mineralisation outside of the historic stoping
envelopes and confirms that the mineralisation is open both to the north and down dip.
GWDH026 which is designed to test the continuity of the structure is nearing
completion. The hole is projected to intersect the “Templeton” shoot 38 metres to the
south of GWDH024 (previously reported as 11.9m @ 8.66 g/t Au); 42 metres north of
GWDH023 (5.8m @ 18.9g/t Au) and; 33 metres below the 8 Level.
The object of the current program is to establish a preliminary Resource Statement for
the project.
Sunnyside
Encouraging results have been received from the Sunnyside Gold Project (three
kilometres to the north and along strike from the Maude-Yellow Girl). SSDH010, the
most recently assayed hole at the project, has encountered encouraging results from
several anomalous zones.
The most significant intersection returned was:
SSDH010 3.1 metres @ 3.57 g/t gold
(including 0.9 metres @ 8.32 g/t gold)
SSDH010 was collared at a dip angle of -50 degrees, and has confirmed the presence of
multiple structural zones of mineralisation. Two additional holes (SSDH011 &
SSDH012) have also recently been completed at the project.
Peter G Jermyn
Executive Chairman
The geological information contained within this report was compiled by Mr Peter de Vries, a consulting geologist,
on behalf of Synergy Metals Ltd and Australian Gold Mines NL. Mr de Vries is a member of the Australasian
Institute of Mining and Metallurgy, and is competent and experienced in the activity being undertaken, and consents
to the publishing of the information in this report in the form and context in which it appears.
Table 1: Significant intersections.
Hole number
Northing /
Easting
RL
(AHD)
Azimuth /
Dip (grid)
Depth
of hole
From – to,
Metres
Interval,
Metres
Assay,
g/t Au
Glen Wills Gold Project area:
GWDH025
5920391 /
542357
975 269 /
-70
250.7 229.0 – 240.5
Including
229.0 – 229.6
236.6 – 240.5
11.5
0.6
3.9
3.14
16.9
6.42
Sunnyside Gold Project area:
SSDH010
5923268 /
543478
1230 230 /
-50
186.2 37.9 – 39.9
127.2 – 130.3
Including
127.9 – 128.8
137.2 – 138.4
140.6 – 141.9
2.0
3.1
0.9
1.2
1.3
2.62
3.57
8.32
1.04
1.12
Notes:
The intersections do not represent true width intersections.
Half core splits were submitted based on geological interpretation for 50 gram Fire Assay Analysis.
Where visible gold was observed the half core sections were submitted for Screen Fire Assay.
Both diamond drill holes are NTW size.