WATTLE DAM REGIONAL PROJECTS
UNDERGROUND DRILLING
A significant drill hole program from the 137 RL drill cuddy commenced in late May 2010. Holes targeted the down-plunge extension of the Wattle Dam main lode zone between the 100 and 125 RL (225m vertical extent). At the end of the quarter, 22 NQ diamond holes had been completed and drilling is ongoing.
Drilling to date shows that the main lode structure and alteration zone can be traced down-plunge. However, it generally lacks the coarse gold and super high-grades seen in the upper 200m of the deposit. Minor amounts of visible gold have been logged and some moderate intercepts have been returned. The best intercept received to date is 8 m at 6.7 g/t from 147 m in WDUD0113. Sampling, assay and data collation of the drilling will be completed in late August 2010. A new model will be generated and evaluated during the September 2010 quarter.