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The Company is currently drilling step-out holes in the southeast to test the extent of the High-Grade Zone further along strike. Results from previous drilling suggest that the high-grade mineralization is an integral part of the horizon and is improving along strike. An analysis of the higher-grade core mineralization on Sections 1000m SE, 1050m SE, 1100m SE, 1150m SE and 1200m SE indicate a continual improvement in thickness and grade, and it is expected that this trend could continue with further drilling. The following table shows selected results from current and previously reported intersections on these sections illustrating the consistent improvement of the higher-grade core along strike to the southeast:
Higher-Grade Zone Intercepts---------------------------------------------------------------------------- From To Width AuDDH Section (m) (m) (m) (g/t)----------------------------------------------------------------------------BL12-215 1000m SE 321.4 355.4 34.0 1.3----------------------------------------------------------------------------BL12-340 1050m SE 341.3 374 32.7 1.7----------------------------------------------------------------------------BL12-233 1100m SE 338.9 376 37.1 1.9----------------------------------------------------------------------------BL13-362 1150m SE 334.1 377 42.9 3.4----------------------------------------------------------------------------BL12-256 1200m SE 328 379 51.0 10.3----------------------------------------------------------------------------
Infill Drilling
Of the fifty-two (52) new holes, a further forty-five (45) in-fill holes are presented, which confirm the internal consistency of the main zone mineralization and, in a number of cases, an improvement in grade. Hole BL12-327 returned a significant interval of 53.7 metres averaging 1.6 g/t Au, including 25.2 metres of 2.5 g/t on Section 250m NW, confirming that the infill program on previous sections in the northwest portion of the deposit is still being successful in defining higher-grade gold values. On Section 900m SE, Hole BL13-358 intersected a thick zone of higher-grade mineralization averaging 4.5 g/t Au over 36.5 metres, containing 11.7 metres grading 11.9 g/t Au and includes the highest value returned to date from the property of 102 g/t over one metre. Multiple high-grade samples were returned from other infill holes, including one metre of 83.6 g/t Au in Hole BL12-336 and one metre of 72 g/t gold in hole BL12-344, on Sections 50m SE and 250m SE, respectively. Overall the results from the infill drilling are encouraging, with over 80% of the intervals and sub-intervals returning greater than 1 g/t Au average grades. Please refer to the end of this News Release for a table of drilling results.
Hangingwall Drilling
Only two holes of the 52 were drilled to test for hangingwall zones, with both successful identifying narrow zones of higher grade material, including 7 metres averaging 1.3 g/t Au in Hole BL12-328, and a shallow intersection of 3.5 metres grading 1.4 g/t Au in Hole BL12-354, on Sections 150m NW and 500m SE, respectively.
The following table shows the selected highlights from the Hangingwall drilling. Drill width approximates true width for both holes:
Hangingwall Drilling Results---------------------------------------------------------------------------- From To Width AuDDH Section (m) (m) (m) (g/t)----------------------------------------------------------------------------BL12-328 150m NW 181 188 7.0 1.3----------------------------------------------------------------------------BL12-354 500m SE 2.3 5.8 3.5 1.4----------------------------------------------------------------------------
