Blackburn Gold Project
Key Facts
- Preliminary results from the reverse circulation drilling programme have identified a number of new zones of gold mineralisation at the company’s Blackburn Gold Project;
- In total 21 holes for 1,977 meters (of a 3,000 meters programme) were completed;
- Current resources of over 240,000* ounces with resource defined near surface and within the immediate vicinity of historical mining area
- Contiguous and secure land holding providing continuity for exploration and any future development
- Open farm land makes for easy access, positioned along sealed roads within 40kilometres of rural town service centre
The regional geology is considered to be a remnant Archaen greenstone belt bounded by basement granites. The rocks are of a high (up to granulite faces) 
metamorphic grade which appears to post date the mineralisation event. The ore zone at Jinkas Hill is seen to have a footwall of quartz monzogranite which may relate to the major intrusive rock, and could be intimately associated with the mineralisation event.
Geochemical and petrography studies on drill core collected early in 2006 showed a subtle copper, molybdenum, tungsten association with gold mineralisation supporting further the inference of an intrusive related gold – copper mineralized system.
At Jinkas Deposit itself drilling to the west of the previously reported footwall monzonite (BBRC007) has discovered another zone of gold anomalism, which indicates that the Blackburn Gold Project has greater width as well as length than previously thought.
In strong similarities to the main mineralisation at Jinkas, the latest drilling results also demonstrate variability in repeat assaying of splits from the same sample of up to an order of magnitude. At Jinkas this 
poor reproducibility is the result of a coarse gold component and it is anticipated that the same coarse gold consideration may be the cause of the variability on results within the latest drilling. Repeat sampling with a larger sample size may better reflect the grades within the drill holes. Further bulk re-sampling is to be completed over the zones of anomalous gold and sulphide mineralisation identified within the drill holes is currently under way.
Drilling was completed using a reverse circulation drilling rig with 4.75” face sampling hammer. Sampling of the drill chips was completed as speared samples in four-meter composites outside the zone of interest and single-meter intervals within the zone of interest with a sample of approx 1 kilogram weight sent to the laboratory for analysis. Assaying, including repeat assaying of the pulverized and split laboratory sample was completed by the Genalysis Laboratories Services Pty Ltd, a member of the Interdek Group, a NATA accredited laboratory.
*Measured: 51,300 tonnes @5.92g/t; Indicated 328,900 tonnes @1.47g/t ;Inferred 6,244,600tonnes @1.06g/t . resources in compliance with NI 43-101as lodged on SEDAR