the motherload?, page-5

ASX Announcement
23 April 2012
DRAIG DRILLS AHEAD WITH THICK COAL SEAM INTERCEPTS
Highlights
• Coal seam intersected with cumulative seam thickness of up to 66.75m, which included a single
seam thickness of up to 33.4m, starting at depth of <61m (BT_36)  
• Previously announced thick coal sequences continue to be intersected, potentially covering a
3.5 km subcrop along strike
• Multiple shallow coal seam intersections logged on a total of 12 holes at less than 120m depth
• Visual reports on chip samples noted as bright coal
• Drill program extended to complete initial JORC resource and additional coal test work
• One rig continuing PCD drilling, second rig selectively coring representative coal intervals for
quality test work  
• Further drilling to be undertaken in northern part of licence to test potential coal sequence
extension of up to 3kms from adjacent open cut
Draig Resources Limited (ASX: DRG) (“Draig” or “the Company”) is pleased to announce that the
Company has intercepted and logged a coal seam with a cumulative thickness of 66.75m, which
included a single continuous seam thickness of up to 33.4m starting at a depth of <61m (BT_36).  
Draig said its current drill program has made a significant number of intersections along the
previously-announced thick coal sequence, which now covers a potential strike distance of 3.5km.
A total of 24 holes have been completed for 3,400m, of which 12 holes have intersected relatively
shallow multiple coal seams at less than 120m in depth as far as 3.5km apart.