quarterly, page-3

Somehow I missed this announcement on drilling ...

http://www.ytcresources.com/public/documents/5/8/1216820.pdf

"YTC Resources Limited (“YTC” or the “Company”) is pleased to advise that exploration drilling on the Hera-Nymagee Project is expected to re-commence this week, with drilling to start at the Federation Prospect, subject to receipt of environmental approvals.

The Federation Prospect is located on a gravity-high approximately 12km south of Hera. Exploration in the December quarter highlighted strongly mineralised outcrops with strong rock chip results up to 2.5g/t Au and 0.7% Pb. A subsequent soil survey delineated a coherent north-west trending gold anomaly over 400m at >10ppb Au with peak values at 50ppb Au (refer figure below). These gold-in-soil values are substantially higher than the gold response over the Hera deposit.

Further geological mapping and sampling over the peak gold-in-soil anomaly has identified a zone of sub cropping gossan (oxidized sulphide mineralisation) over an area of approximately 30m x 5m, with rock chip results from the gossan grading 19.9 g/t Au, 0.7% Cu, 0.8% Pb and 0.5% Zn."