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EBAGOOLA

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EBAGOOLA
Classification: Active
Status: Exploration
Type of Work: Surface
Location: Australia, Queensland
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Property News

February 11, 2010
Gulf Mines announced assays results received from rock chip sampling of the northern portion of the Coleman zone within the Ebagoola Project area in North Queensland, Australia. Highlights include gold values up to 1.99 g/t.
December 3, 2009
Gulf Mines announced the discovery of a large, previously unexplored, gold-bearing, quartz vein system in the eastern part of EPM 15420 within its Ebagoola project area in North Queensland, Australia. The prospect, named “Coleman”, is characterised by multidirectional planar quartz veins, quartz blows and quartz rubble developed within a north-south trending zone approximately 1.5 km wide and 7.0 km long. Initial rock chip sampling of the northern portion of the Coleman zone has returned gold values up to 1.99 g/t, with numerous values in the range 0.1 to 1.0 g/t from both quartz varieties.
September 30, 2008
Hole EBD08016 returned 11.5 m of 0.84 g/t Au from 19.6 m and hole EBC08015 returned 0.9 m of 2.46 g/t Au from 105 m.
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