RE: Daniel Earl, TD Newcrest Comments Drilling at a rate of 11,000 meters a month and even if we assume an increase in the avg hole drilled to 300 meters from 230 that would give us 36 holes a month or 6 months x 36 holes from June for a total of 430 holes minimum (probably closer to 450) even assumming the deeper avg. there should be more than 380 holes in the initial 43-101 Every hole will be important because if the initial 43-101 fails to impress the market, this stock will be punished.
June 8 NR
The results are part of a stream of results which will be flowing over the next few months as the sample backlog is cleared. A total of 47,000 metres of diamond drilling has now been completed on Magambazi Hill from 204 diamond drill holes averaging 230 metres in depth.
Taken from Aug 15 NR
delineation drilling for the purposes of calculating the initial resource estimate will be completed by December 31, 2011. Diamond drilling will continue over the next 12 months to provide continued detailed assessment of Magambazi mineralization.