wallbrook, page-2

22 April 2005
ASX/MEDIA ANNOUNCEMENT
WALLBROOK DRILLING ON TARGET
Jackson Gold (ASX: JAK) today announced that exploration drilling of the key prospects at the
Company’s Wallbrook Project, located 125 kilometres north east of Kalgoorlie, has been completed and
assays received to date indicate the Red Flag and Eleven Bells prospects have been upgraded as planned.
Jackson Gold conducted infill drilling at the Eleven Bells and Redbrook prospects to infill poorly
sampled areas as well as prove continuity of higher-grade zones. Another objective of the drilling was
to provide sufficient RC drill sampling to calculate an initial resource at the Red Flag prospect.
Commenting on the Wallbrook project, Jackson Gold’s Managing Director Mr Andy Viner said the
drilling program is well on track with some outstanding results returned at this stage.
“The samples analysed at Eleven Bells are very encouraging and indicate that an upgrade to the resource
is likely,” said Mr Viner.
Drilling results from Eleven Bells prospect include:
• 11 m @ 9.02 g/t from 45 metres
• 9 m @ 3.79 g/t from 95 metres and further down hole 8 m @ 3.52 g/t from 122 metres
• 7 m @ 2.88 g/t from 17 metres
“At the Red Flag prospect, our aim was to confirm RAB drilled mineralisation with RC drill coverage to
enable us to calculate an initial resource and we have achieved that,” he said.
17 of the 27 holes at the Red Flag prospect returned significant results (see attached table).
Mineralisation has been confirmed over at least 300 metres strike and contains distinct northern and
southern higher grade zones. A number of robust intersections were returned including:
• 7m @ 5.62 g/t from 62 metres
• 7m @ 3.99 g/t from 40 metres
• 5m @ 3.19 g/t from 62 metres
RAB drilling
Only 18 out of 83 holes have assays returned and show broad low-grade intersections on the periphery
of the Red Flag prospect and on northern strike extensions to the Crusader resource.
Looking Forward
At this stage of the program, RAB drilling has been completed for 83 holes totalling 4187 metres, whilst
RC drilling is continuing after 40 holes have been completed for 3,703 metres.
Results from a further 7 RC holes from the Redbrook prospect are expected shortly and drilling is
currently underway at the Rainbow and Yilgangi Queen prospects which are located 25km north-west of
Wallbrook and offer strong potential for new resources.
“We’re achieving the goals we outlined earlier this year for the Wallbrook region and look forward to
providing additional information on our progress as results are received. Further updates on the
Company’s activities are due to be released next week in advance of and in conjunction with the
quarterly report,” said Mr Viner.
For further information please contact Andy Viner on 089 211 5777
www.jacksongold.com.au
WALLBROOK PROJECT - Prospect Locations
Prospect Hole Id North East Depth DIP AZ from to
m m m
Red Flag WBRC177 6696275 433806 85 -60 090 13 14 1 m @ 5.67
53 55 2 m @ 5.27
61 62 1 m @ 3.39
Red Flag WBRC179 6696276 433768 80 -60 090 40 47 7 m @ 3.99
50 52 2 m @ 1.50
Red Flag WBRC180 6696275 433743 106 -60 090 58 59 1 m @ 2.46
62 67 5 m @ 3.19
70 71 1 m @ 1.18
Red Flag WBRC181 6696250 433795 76 -60 090 51 52 1 m @ 3.46
Red Flag WBRC183 6696249 443740 100 -60 090 53 59 7 m @ 1.52
93 98 5 m @ 3.63
Red Flag WBRC186 6696226 433767 80 -60 090 11 15 4 m @ 3.36
Red Flag WBRC187 6696134 433885 64 -60 090 1 3 2 m @ 1.70
7 13 6 m @ 1.99
50 51 1 m @ 1.10
Red Flag WBRC188 6696134 433852 90 -60 090 52 53 1 m @ 1.63
61 64 3 m @ 3.19
Red Flag WBRC189 6696134 433817 123 -60 090 46 50 4 m @ 1.88
100 103 3 m @ 1.41
120 121 1 m @ 1.68
Red Flag WBRC190 6696134 433792 124 -60 090 11 12 1 m @ 1.50
14 15 1 m @ 1.13
22 23 1 m @ 1.32
Red Flag WBRC192 6696084 433886 75 -60 090 10 12 2 m @ 1.60
14 17 3 m @ 1.02
24 26 2 m @ 5.19
Red Flag WBRC193 6696084 433856 91 -60 090 11 12 1 m @ 1.26
16 17 1 m @ 9.85
41 45 4 m @ 1.80
62 64 2 m @ 2.58
68 69 1 m @ 1.46
73 78 5 m @ 1.84
Red Flag WBRC194 6696084 433825 110 -60 090 19 20 1 m @ 6.01
52 54 2 m @ 4.67
63 65 2 m @ 2.15
82 85 3 m @ 3.64
98 100 2 m @ 1.50
108 109 1 m @ 4.81
Red Flag WBRC195 6696084 433793 110 -60 090 99 100 1 m @ 2.83
Red Flag WBRC196 6696059 433862 90 -60 090 45 46 1 m @ 1.31
62 69 7 m @ 5.62
Red Flag WBRC198 6696300 433796 100 -60 090 36 40 4 m @ 1.00 ** 4m comp
44 48 4 m @ 2.48 ** 4m comp
52 56 4 m @ 1.39 ** 4m comp
Red Flag WBRC201 6696329 433788 96 -60 090 70 71 1 m @ 1.08
11 Bells Nth WBRC205 6695925 433864 100 -60 090 97 98 1 m @ 1.06
11 Bells WBRC206 6695771 433817 82 -60 045 54 56 2 m @ 12.03
11 Bells WBRC207 6695714 433830 93 -60 045 6 7 1 m @ 4.59
10 14 4 m @ 1.35
17 24 7 m @ 2.88 *** 1m & 4m comps
77 80 3 m @ 2.81
87 88 1 m @ 3.47
11 Bells WBRC208 6695698 433814 89 -60 045 45 52 7 m @ 1.74
11 Bells WBRC209 6695670 433835 143 -60 045 45 56 11 m @ 9.02 *** 1m & 4m comps
95 104 9 m @ 3.79
122 130 8 m @ 3.52
133 143 10 m @ 2.34 * End of hole in grade
Possible contamination
End of current results
Note:- ** = Samples include 4 metre composites collected using a sample spear. All other samples are 1 metre riffel splits
Composite samples analysised using 40gm Aqua Regia, 1m splits are 50gm Fire Assay.
Intersection
g/t Au
Wallbrook Project
March 2005 RC Drilling
Significant Results (+ 1.00m @ +1.00 g/t Au, maximum internal waste = 2m)
Prospect Hole Id North East Depth DIP AZ from to
m m m
RED FLAG WBRB418 6696200 433803 122 -60 090 0 32 32 m @ 0.28
36 40 4 m @ 0.24
44 76 32 m @ 0.32
80 84 4 m @ 0.35
88 122 34 m @ 0.45
RED FLAG WBRB419 6696175 433779 61 -60 090 0 4 4 m @ 0.10
48 52 4 m @ 0.16
56 61 5 m @ 1.62
RED FLAG WBRB420 6696246 433892 72 -60 090 results pending
incl. 60 61 1 m @ 7.52 eoh
CRUS NTH WBRB421 6697200 433402 81 -60 090 20 36 16 m @ 0.29
44 64 20 m @ 0.56
68 72 4 m @ 0.37
CRUS NTH WBRB423 6697200 433342 51 -60 090 44 48 4 m @ 0.10
32 33 1 m @ 1.01
CRUS NTH WBRB424 6697200 433312 58 -60 090 24 28 4 m @ 1.23
12 16 4 m @ 0.23
20 32 12 m @ 0.54
CRUS NTH WBRB425 6697200 433282 73 -60 090 20 28 8 m @ 0.54
incl. 24 28 4 m @ 1.23
40 52 12 m @ 0.26
56 68 12 m @ 0.23
CRUS NTH WBRB426 6697200 433252 52 -60 090 20 28 8 m @ 0.17
48 52 4 m @ 0.20
CRUS NTH WBRB427 6697200 433222 53 -60 090 0 8 8 m @ 0.12
12 16 4 m @ 0.25
CRUS NTH WBRB428 6697091 433401 69 -60 090 28 32 4 m @ 0.10
48 56 4 m @ 0.16
CRUS NTH WBRB429 6697091 433371 47 -60 090 28 40 4 m @ 0.34
WBRB430 6697091 433341 49 -60 090 24 28 4 m @ 0.25
CRUS NTH WBRB431 6697091 433311 49 -60 090 28 32 4 m @ 0.14
44 49 5 m @ 0.17 eoh
CRUS NTH WBRB432 6697091 433281 44 -60 090 24 28 4 m @ 0.22
40 41 1 m @ 1.61
CRUS NTH WBRB433 6697023 433402 65 -60 090 32 40 8 m @ 0.14
56 60 4 m @ 0.10
CRUS NTH WBRB434 6697023 433372 52 -60 090 32 40 8 m @ 0.30
44 48 4 m @ 0.12
CRUS NTH WBRB435 6697023 433342 46 -60 090 24 32 4 m @ 0.82
incl. 24 28 4 m @ 1.37
44 46 2 m @ 0.60 eoh
CRUS NTH WBRB436 6697023 433312 56 -60 090 28 32 4 m @ 0.10
40 44 4 m @ 0.14
End of current results
Wallbrook Project
June 2005 Drilling
Significant Results (+ 2.00m @ +0.10 g/t Au, maximum internal waste = 2m)
Intersection
g/t Au
All samples taken by spear.
All assays via 40gm Aquea Regia, except bottom of hole assays which were 20gm ICPMS.