ABM Resources NL (ASX:ABU) has reported a high-grade gold find at the Vampire prospect.
The gold explorer says the assay could have a value of up to 161 grams per tonne with gold visible at the surface.
Managing Director Darren Holden says these results are the highest grade assay results ever received from surface sampling in the wider Twin Bonanza project area outside the Old Pirate trend.
ABM resources reported a net loss of $1.3 million in the first half of the 2014 financial year.