Gold Anomaly Limited (ASX:GOA) Drilling Update at Sao Chico Project in Brazil

Gold Anomaly Limited (ASX:GOA) is pleased to provide the following update on the Kenai Resources Drilling Programme at the Sao Chico Project, Brazil.

As previously advised:

1. Toronto Stock Exchange Venture Exchange ("TSX-V") - listed Kenai Resources Limited ("Kenai") (CVE:KAI) provides project management advisory services to Gold Anomaly Limited ("GOA") for the Sao Chico Project in Brazil ("the Project");

2. Kenai has:

(i) an option to acquire 50% of GOA's wholly owned Brazilian subsidiary which holds the mineral project rights to the Project; and

(ii) a further option to acquire an additional 25% interest on certain terms and conditions.

Please find attached an announcement released by Kenai to the TSX-V yesterday which provides an update on the drilling programme at the Project.

Please view the following Kenai Resources announcement:
http://media.abnnewswire.net/media/en/docs/ASX-GOA-237933.pdf

About Crater Gold Mining

Crater Gold Mining Limited (ASX:CGN) is engaged in the exploration, evaluation and exploitation of gold and other base metal projects. The Company's segments include Croydon, Fergusson Island and Crater Mountain. The Croydon project consists of two sub-projects in far North West Queensland, the Croydon Polymetallic Project and the Croydon Gold Project. The Fergusson Island project consists of two gold exploration projects at Wapolu and Gameta on Fergusson Island, in Milne Bay province, Papua New Guinea. The Gameta Deposit lies within exploration license (EL) 1972. It is located on the northeast coast of Fergusson Island. The Wapolu Deposit lies within EL 2180. The Crater Mountain is an exploration and production project located in the Papua New Guinea Highlands approximately 50 kilometers southwest of Goroka. The project consists of three contiguous ELs, straddling the border between the Chimbu and Eastern Highland Provinces.

 

Related Companies

Kenai Resources Limited

Crater Gold Mining