Bizhe

Bizhe is a 246sq km licence less than 20km from Dalabai, and the Bizhe “west” target zone is being appraised as a potential source of ore that can be processed at Dalabai.

Exploration is investigating encouraging trenching results around a historical pit. A diamond drilling program was completed in Q4 2011, and results included 7.4m at 4.80g/t Au including 5.4m at 6.31g/t Au, 1.1m at 7.73g/t Au, and 4m at 2.67g/t Au including 2.0m at 4.67g/t Au.

This was the first occasion that the mineralised structure had been drill-tested, and the results confirmed the presence of a number of intermittent gold values with a semi-continuous ore body.

These results will be used to plan further drilling to substantiate a coherent body of ore sufficiently defined for mine-planning.