strong drilling results

ASX Announcement 3 May 2010
Strong drilling results highlight growing potential of Hermes Gold Project
55m @ 2.17g/t gold from 1m intersected at Trapper Deposit infill drilling
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Drilling intersects mineralisation over substantial widths and robust grades, providing foundations for a resource upgrade
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Results confirm the continuity and extent of the flagship Trapper deposit at Hermes, with intersections including:
o
55m @ 2.17g/t gold (including 3m @ 10.70g/t gold and 4m @ 8.03g/t gold)
o
22m @ 4.10g/t gold (including 1m @ 36.00g/t gold)
o
28m @ 2.60g/t gold
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Drilling extends the known zones of primary mineralisation at the Winchester, Trapper West and Blake prospects, with the new zones remaining open along strike and at depth. These results include:
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14m @ 2.62g/t gold (including 1m @ 19.45g/t gold)
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20m @ 1.50g/t gold
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3m @ 10.80g/t gold (including 1m @ 31.70g/t gold)
o
6m @ 4.54g/t gold
o
7m @ 3.32g/t gold (including 1m @ 17.15g/t gold)
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Additional extensional drilling to the west, south‐east and north‐east of the current resource identifies high priority target areas for further exploration drilling