• Located ~10km west of the Red October gold mine
• First drill program since 1995 conducted at Butcher Well
• Well endowed mineralised system spanning 4km strike length with minimal drilling below 70m depth from surface
• An initial 11 RC holes recently completed to confirm the geological resource and for metallurgical testwork purposes

Previous Drilling

Drill Collars outside of mined pits shown as dots

NEW drill collars shown as triangles

EXISTING Resource area:blue labels

• Red: intersection > 10.0g*m Au
• Blue: intersection > 1.0g*m Au
• Grey: intersection > 0.1g*m Au

Results from the recent program indicate high grade mineralisation extends at depth. Butcher Well has only been drilled to a maximum of 150m below surface with most drilling shallower than 100m. An extensive drilling program during the 2011/12 year will target depth and strike extensions to known mineralisation.
 

            Butcher Well section 9150N