+++++++++++++++++++++++++ Results include 5m @ 7.23g/t Au including 1m @ 29.41g/t Au, 7m @ 4.35g/t Au including 2m @ 11.43g/t Au, 7m @ 6.12g/t Au including 2m @ 16.96g/t Au and 3m @ 8.85g/t Au.
Dioro Exploration NL ("Dioro") is pleased to provide an update on progress of the ongoing drilling program at the northern end of the Frog's Leg prospect. This prospect forms part of the Mungari East gold project near Kundana, in which Dioro has a 49% interest.
OUTLINE OF THE PROGRAM
The program of combined aircore and diamond core drilling is testing the lateral and depth extent of mineralisation identified in an earlier program of reconnaissance aircore drilling at the extreme northern end of the Frog's Leg deposit. A significant discovery at this location could positively impact on the design of the open pits currently being planned as part of the Frog's Leg feasibility study.
RESULTS TO DATE
Drilling has intersected a gold-mineralised zone close to the surface in a previously untested area on four consecutive traverses over a combined distance of 450 metres at the northern end of Frog's Leg. This drilling program is immediately to the east of the Northern Zone of Frog's Leg. It is yet uncertain whether this new mineralisation relates to Contact Zone or Quartz Lode style of mineralisation, or whether it is related to shearing within or adjacent to the north north east trending Mary Fault.
Significant shallow mineralisation has been identified in a number of follow-up holes near the northern boundary of the joint venture tenements, and these results are tabulated in tables 1 and 2 below.
TABLE 1 AIRCORE DRILLING 1M RESAMPLES > 1 G/T AU
HOLE NO GRID COORDINATES HOLE FINAL INTERVAL INTERSECTION NORTH EAST AZIMUTH DEPTH (M) (G/T GOLD) (M)
The results of the program continue to be very encouraging, however further drilling will be required to determine the significance of the mineralisation intersected and to be able to place it in the correct geological context.
WINSTON CHURCHILL
A separate program of combined RC and diamond core drilling has commenced to follow-up the very encouraging gold intersections already reported in diamond core holes at Winston Churchill, one kilometre west of Frog's Leg. Details will be provided when available.
D McArthur DIRECTOR
Mr R Grivas, MAIG, MAusIMM and an employee at Goodheart Pty Ltd compiled the technical aspects of this report based upon information provided by the joint venture operators. Mr Grivas has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity that is being reported on to qualify as a Competent Person as defined in the 1999 Edition of the Australasian Code for Reporting of Mineral Resources and Ore Reserves. Mr Grivas consents to the inclusion in the report of the matters in the form and context in which it appears.
A copy of the Frog's Leg Deposit Drillhole Locations is available in PDF format on www.asx.com.au. Alternatively it is available for purchase from ASX Customer Service on 1 300 300 279.
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Fig Jam
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