Gold Anomaly Ltd.

Published : January 21st, 2008

Significant Drill Intersections - A2-009, A2 Anomaly, Croydon

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SIGNIFICANT DRILL INTERSECTIONS HOLE A2-009, ANOMALY A2, CROYDON
21 January 2008

 

KEY POINTS

Significant intersections obtained from Hole A2-009 are as follows;

13.0m (300.0m to 313.0m) at 1.6inc, 95 g/t silver, 0.25% lead and 0.048% tin
3.0m (230.0m to 233.0m) at 1.35% zinc, 120 g/t silver, 0.65% lead
2.0m (261.0m to 263.0m) at 1.85% zinc, 672 g/t Ag, 2.10% lead

Gold Aura is highly encouraged by these and previous drill intersections that show significant polymetallic vein style mineralisation at Anomaly 2 extends over a zone at least 600 metres wide by 1250 metres long.

 

DETAILS

Assay results for Hole A2-009 have now been received. The hole was designed to test Anomaly A2, 400 metres along strike to the west from discovery Hole A2-001 and 200 metres along strike to the west from Hole A2-006. The 423.7 metre hole was drilled to the north on an inclination of 60 degrees.

Click here to view larger version

Significant polymetallic vein style mineralisation (zinc-silver-lead-tin dominant) was intersected in the basement from its commencement below the overlying sediments at 131.6 metres to the end of the hole. The entire 292.70 metre basement intersection was found to contain;

0.245% zinc and 19.4 g/t silver

A weakly altered micro-diorite intrusive was intersected in the hole but is distinctively less mineralised than the other basement shales. The hole ended in mineralisation at 423.7 metres.

Intersection

Zinc

%

Silver

(g/t)

Lead

%

Tin

%

3.0m (230.0m to 233.0m)

1.35

120

0.65

-

1.0m (248.0m to 249.0m)

2.47

572

2.90

-

2.0m (261.0m to 263.0m)

1.85

672

2.10

-

2.0m (293.0m to 295.0m)

2.45

109

0.09

0.30

13.0m (300.0m to 313.0m)

1.60

95

0.25

0.048

1.0m (408.0m to 409.0m)

1.10

21.6

0.09

0.015

5.7m (418.0m to 423.7m)

0.49

37.5

0.27

-

* In excess of 1.0% tin – actual level pending XRF assay

NB: Where assay results are insignificant, cells have been left blank.

All significant intersections obtained from the drilling at Anomaly A2 are listed in appended Table 1.

Click here to view larger image

The intersections obtained in Hole A2-009 indicate that the mineralisation intersected in discovery Hole A2-001 (11.0m at 6.33% zinc and 67 g/t silver; 5.05m at 8.00% zinc and 180 g/t silver) and Hole 2-006 (10.0m at 2.30% zinc, 144 g/t silver and 0.89% lead and 20.0m at 4.2% zinc and 49 g/t silver) extends for at least a further 200m to the west; a total of 600 metres.  Assays are awaited from the last remaining other hole, A2-008.

Click Here to view Table 1

 

FORWARD PROGRAM

Interpretation of the data obtained from the gravity and induced polarisation (IP) surveys completed at Anomaly A2 is continuing. It is anticipated that this will generate new targets for drill testing during 2008.

 

Assays for Hole A2-008 are awaited.X-ray fluorescence assays for the lower sections of Anomaly A1 Holes A1-001 and A1-002 are also awaited.

 

One or more joint venture partners are being sought to participate in the Croydon 2008 field programs.

 

ABOUT GOLD AURA LIMITED

Gold Aura’s principal activity is the global exploration for world class mineral resources. Its current focus is directed towards follow-up investigations of the newly discovered zinc dominant and copper dominant, mineralised zones at Croydon, Queensland, the resource infill drilling program at Gameta in PNG and the commencement of exploration at Sao Chico in Brazil. Gold Aura is also evaluating the results of the 2007 field programs in its gold projects in Kazakhstan and China.

 

For further information please contact;

Ken Chapple, Managing Director

���������� Ph.+61 7 3833 3833 

 
Mb 0418 758 301

 

or visit Gold Aura’s website at www.goldaura.com.au.

 

The information contained in this report relating to exploration results is based on information compiled by Mr Ken Chapple, Managing Director of Gold Aura Limited.Mr Chapple is a Member of the Australasian Institute of Mining and Metallurgy and has the relevant experience in relation to the mineralisation being reported upon to qualify as a Competent Person as defined in the 2004 Edition of the Australasian Code for Reporting of Exploration Results,Mineral Resources and Ore Reserves. Mr Chapple consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

 

 


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Gold Anomaly is a gold exploration company based in Australia.

Gold Anomaly holds various exploration projects in Australia.

Its main asset in development is SÃO CHICO in Brazil and its main exploration properties are FERGUSSON ISLAND and CRATER MOUNTAIN in Papua New Guinea and CROYDON in Australia.

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