GELUM - SummaryMinimum 4,000 metre drill programme to commence in the spring of 2022.
• To date, the best gold-antimony-arsenic soil anomalies have not been drill-tested, yet all have high-grade gold in float and/or outcrop rock samples that need definition.
• The most recent drill programme, from 2011, was also the most successful, in that the work completed by GFE Exploration Corporation (five holes totaling 1379 metres) intersected numerous, widespread intervals of gold mineralization, including 1.22 metres of 32.6 g/t Au (0.94m true thickness) at 292 metres down-hole, where visible gold occurs within a quartz- carbonate-sulphide vein. This in turn occurs within a broader mineralized zone of 25.6 metres of 2.19 g/t Au between 270.58 - 296.18 metres. It should be noted that every hole hit multiple >1 g/t Au intersections, despite not targeting specific, measured gold mineralization at surface: a more focused approach will give even better results.