Quarterly Activities Report
Sydney, Jan 31, 2012 AEST (ABN Newswire) - Gold Anomaly Limited (
ASX:GOA) is pleased to provide a quarterly report for the period ended 31 December 2011.
KEY POINTS
Crater Mountain - Papua New Guinea
- Maiden inferred resource of 790,000 ounces gold defined at Crater Mountain
- Current drilling likely to increase resource
- Porphyry system confirmed at Nevera Prospect
- Very positive results from first 1000+ deep drill hole, NEV027:
- indicates potential for multiple major mineralisation events
- deepest level of gold mineralisation encountered to date
- assays return 1,046m @ 0.25g/t Au (no COG applied)
- gold mineralisation zone now extended 200m to south, and at depth by 500m
- strong base metal and silver mineralisation
- Second 1000m+ drill hole, NEV030, targeting 200m below NEV027 into porphyry
- Results from two holes targeting main zone reported:
- NEV024 intersects 160m @ 0.47g/t Au from 272m
- NEV025 intersects 98m @ 1.06 g/t Au from 246m
- Commencement of regional exploration at the Masi Creek and Nimi prospects
- Subsequent to the end of the quarter:
- increased interest in Crater Mountain to 80%
- NEV029 intersects extensive gold and copper mineralisation
Sao Chico - Brazil
- Agreement to sell project to TSX listed Kenai Resources Limited.
- High grade gold mineralisation encountered
Croydon - Queensland
- Exploration activities planned for three prospects in 2012
Corporate
- All resolutions passed at Annual General Meeting
- Spring Tree facility completed
- Subsequent to end of the quarter, a placement and SPP announced to raise a minimum of $4.1M
To view the complete Gold Anomaly Quarterly Report, please refer to the following link below:
http://media.abnnewswire.net/media/en/docs/ASX-GOA-239201.pdf
Contact
Gold Anomaly Limited
T: +61-2-9241-4224
F: +61-2-9252-2335
http://www.goldanomaly.com.au
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