Encouraging rock chip sample results confirming prospectivity of a number of undrilled areas including Cattle Creek prospect with rock chip results of up to 17.9 g/t gold, Eagle Nest prospect with rock chips of up to 4.3 g/t gold, 77.3 g/t silver and 5.3% Lead with several associated rock chips over 1 g/t gold 50g/t silver & 5% lead over 200m strike length and new prospects including Delaney prospect with Rock Chip. Results of up to 40.6 g/t silver and 4.83% lead; Phoniex prospect with rock chip 43.9 g/t gold and 50.2 g/t
silver; Eastern Bar South prospect with rock chip results up to 389 g/t silver and 3.26% lead.
July 22, 2008
Renison Consolidated provided an updated mineral resource estimate for the Agate Creek epithermal gold project in
North Queensland, Australia based upon a total of 414 exploration drill holes, including 76 drill holes that had been completed since the last mineral resource estimate was undertaken. Renison has now earned an 85% interest in the project, with Barrick Gold continuing to dilute.
Encouraging rock chip sample results confirming prospectivity of a number of undrilled areas including Cattle Creek Prospect with rock chip results of up to 20.6 g/t gold, Digger Creek Prospect with rock chips of up to 45.5 g/t gold with several rock chips over 1 g/t gold over 200m strike length and Eastern Bar Creek Prospect with rock chip results up to 26.2 g/t gold with several more rock chips over 10 g/t gold. Planning carried out for drilling programs to be undertaken following completion of the North Queensland wet season including testing some of the targets generated from the rock chipping program. A new JORC Resource estimate to be issued shortly incorporating results of the drilling program completed prior to the wet season.