March 9, 2010 Paradigm Metals reported results for the quarter ended December 31, 2009 for its Australian operations. Drill results from holes at Rosedale, New South Wales have been encouraging so far, including an intercept of 13m @ 0.8g/t Au and 20g/t Ag from 100m depth stopped in mineralization at base of hole, and 24m @ 0.3g/t Au and 5g/t Ag from 10m. Further exploration is continuing at Rosedale, including soil sampling to better define the 1.5km gold‐in‐soil
anomaly, and to better understand the structural setting. At Frogmore in New South Wales no new exploration was carried out during the period but a review completed during 2009 highlighted a potential target deposit at the “Pride of Frogmore” of 1.5 to 2 million tonnes to a depth of 200m from surface at grades of around 1.2% Cu.
March 8, 2010 Paradigm Metals provided results from a three hole RC drill program at the Rosedale gold‐silver project, EL 7343, in Australia. The best gold results were recorded in RRC007 which intersected 8 m at 0.44 g/t Au from 172 m (including 4 m @ 0.76 g/t Au) within dacite porphyry. Exploration is now concentrating on a 200m x 1000m gold anomalous corridor along strike immediately south of the recent drilling.
November 12, 2009 Paradigm Metals Ltd announced it has delineated IP chargeability anomalies over a 1km x 1km area at its Rosedale gold‐silver project 18km south of the McPhillamys gold deposit New South Wales. The IP anomalies at Rosedale are coincident with a gold‐in‐soil geochemical anomaly. Rock chip sampling and geological mapping is in progress at Rosedale, to be followed by RC percussion drilling planned for the current quarter. At the Kangiara property, also in New South Wales, drilling is continuing following a 1 week stoppage. Five drill holes have now been completed (KAN001 to KAN005) with assays pending for a number of visible base metal intersections. KAN003 is currently being deepened from 160m to >200m depth.
