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Ann: Diamond Drill Program Update, Turon Gold Project, page-3

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    Diamond Drill Program Update, Turon Gold Project

     Diamond drill program at the Turon Gold Project, Lachlan Fold Belt progressing smoothly:
    o 2 drill holes (BD001 and BD002) at Britannia Mine complete
    o Drill rig mobilised to Quartz Ridge, drill hole QRD001 has commenced

     Positive indicators for mineralisation returned in both holes at Britannia:
    o Broad zones of significant quartz veining, pervasive sericite alteration and
    disseminated pyrite-arsenopyrite
    o Prominent vein quartz reef intersected, interpreted as representing Nobby's Reef, a
    historically noted gold-bearing quartz reef
    o 2 subparallel vertical faults intersected, interpreted as the controlling structures for
    mineralisation at the Britannia Mine also intersected in both holes

     Alteration-style encountered at the Britannia Mine similar to shear-hosted gold deposits
    such as Spring Gully, 10km east of Turon
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