Commissioners Gold Ltd has been granted a portfolio of tenements for gold and base metals exploration, in the Lachlan Fold Belt of New South Wales, Australia. These tenements have been selected to provide immediate drill targets and early opportunities to develop modern economic gold mining.

All of the projects are in and around historical gold mining fields and Mongarlowe has significant historic production from associated alluvial gold workings. These gold fields are under-explored by any yardstick, particularly when compared to the historical gold mining fields of Western Australia, with some having had little attention since their initial discovery.

Videos
Feb,2012 01:40 PM
Commissioners Gold first drill..
14 Feb 2012 – Commissioners Gold Limited (ASX:CGU) Executive Chairman, Chris Battye talks about the exploration drive to find new gold deposits and starting first drilling of the Dalton project near Yass.
Commissioners Gold (ASX:CGU)
Company Directors
Mr Christoper Battye (Executive Chairman )
Mr Robert Waring (Non Executive Director )
Mr Wesley Harder (Non Executve Director )
Contact Information
Phone: (61) 2 9410 3445

Address
Suite 18, 47 Neridah Street Chatswood, NSW, Australia, 2067
Media Releases
Commissioners Gold Limited, Quarterly Activities Report DECEMBER quarter 2011
19 Jan,2012 04:12 PM

Key Points

Cowarra drill program confirms high grade mineralisation beneath old BHP Gold Mine

Excellent assays, with significant intersections including:
- 1 m at 6.54 g/t Au from 97.22 m – Ambassador Lode
- 1 m at 11.95 g/t Au from 209.4 m – Independent Lode
- 3 m at 4.38 g/t Au from 279.5 m – Victoria Lode
- 1.76 m at 8.70 g/t Au from 128.68 m – Ambassador Lode

Step out drilling program to determine limits of resource

Rig confirmed for 11 hole Dalton RC drill program

Exploration drive to find new gold deposits in eastern Lachlan Fold Belt

SUMMARY

Australian gold company Commissioners Gold Limited (ASX:CGU) had an exciting quarter at its Cowarra Project in the eastern Lachlan Fold Belt of NSW. The Company reported excellent intercepts across all four diamond drill holes, with assays up to 11.95 g/t gold. Ongoing exploration expenditure on this old BHP Gold Mine is clearly warranted.

The March quarter looks like being another significant one for Commissioners, with an 11 hole RC drill program about to commence at its 100% owned Dalton Project near Gunning in NSW.

Rigs will continue drilling both the Cowarra and Dalton targets during 2012.


To view full Report please download PDF below: