-- Independent Maiden JORC 2012 Inferred Mineral Resource for the Mt Dudley Deposit has yielded 882,636t @ 1.03 g/t Au containing 29,238 oz Gold.
-- Project is situated within the world class province of the Lachlan Fold Belt in NSW.
-- Mt Dudley Gold Deposit current mineralised model has a strike length over 630m by 30m in width and extending down 95 vertical metres with mineralisation remaining open to the north and at depth.
-- Multiple 5-6m thick gold lodes form a package of up to 30m thickness which dips at 65o towards the west. The mineralization is not closed off at depth.
-- The gold mineralisation is closely associated with intense altered silicified felsic volcanoclastics within quartz veining and disseminated sulphides.
-- Mineralisation envelopes of gold vary from 1m up to 13m true thickness with the gold mineralisation striking in north-south direction.
-- Significant gold intersections include:
---- Drillhole MD1: 20m @ 1.47 g/t Au from 39m
---- Drillhole MD9: 6m @ 2.96 g/t Au from 41m
---- Drillhole AMD01: 12m @ 2.25 g/t Au from 16m
---- Drillhole AMD05: 8m @ 1.46 g/t Au from 18m
---- Drillhole AMD13: 10m @ 1.05 g/t Au from 36m
-- Follow-up extensional resource drilling is required in the north and south portion of the main gold mineralisation zone to increase the current resource tonnage and grade.
-- Currently, four (4) soil gold geochemical anomalies remain untested to the east of the current resource area which may potentially yield undiscovered mineralised gold-quartz lodes.
-- RC drill programme of approximately 2,500m is planned over the Kempfield Polymetallic Project.
-- The RC programme is designed to increase the known tonnage and grade of the resource over VHMS Kempfield Deposit along strike and depth.
-- A detailed review of previous historical drilling results and re interpretation of high-resolution geophysics has improved the targeting locations of structures which control the polymetallic mineralisation.
-- The objective of the RC drilling campaign is focused on testing the high-grade mineralisation along strike and depth within the Kempfield Deposit to increase the grade and tonnage over the known JORC Resource.
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