Bellamel Mining Limited is very pleased to announce that it has secured the services of Challenge Drilling to undertake 50,000 metres of Aircore and Reverse Circulation (RC) drilling during 2008. This brings the total amount of drilling to be completed this year to at least 65,000 metres. Drilling will take place at the Company’s 100% owned Kalgoorlie West Gold Project and will focus on increasing the current JORC resource base in addition to converting resources into reserves. Diamond core drilling is scheduled to recommence this week after a short break over the Christmas period. Aircore drilling is scheduled to commence in February and RC drilling during April. Regular updates will be released as drilling progresses and results are received. Kalgoorlie West Gold Project: �� Past gold production of approximately 360,000 ounces, with last gold production in 2003. �� Hosts a defined JORC Code compliant measured, indicated and inferred resource in excess of 690,000 ounces of gold. �� Considerable potential to expand on the initial resource base, with the Company targeting substantial resource upgrades in 2008. �� 65,000 metre drilling programme commenced in December 2007, with three drilling rigs contracted. The Company is rapidly moving forward with its objectives at the Kalgoorlie West Gold Project, with work programmes and results continuous throughout 2008.
BMM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
