25 October 2011

Red Hill RC Drill Hole Results

• Final results have been received from the recent Red Hill RC drilling program and from the follow up assaying of interpreted mineralised sedimentary host rocks.
• The drill holes targeted shallow mineralisation in the southern part of the deposit where previous drilling indicated the potential for open pit mining.
• Nine shallow RC holes were completed for a total of 590 metres over a strike length of 180 metres.
• Significant gold intercepts were received in all the drill holes completed.
• The Hill End Gold revised geological model and the interpreted mineralisation system for the Red Hill Deposit is proving robust.
• Significant results above 0.5 g/t Au include:

• A review of the geological and mineralised domain models has started in preparation for the Red Hill revised resource estimate.