A new resource estimate has been completed. The indicated and inferred resource stands at 9.5 Mt at 1.99 g/t Au for 606,143 oz Au.
November 21, 2006
Reported that management proposed a 150,000 tonne bulk test by constructing a shaft on the property to confirm the grade and recoveries of the sericite as well as lateral development around the favourable intersections in holes GZK 801 (8 grams over 4 metres), and in GZK 802, GZK 806 GZK 809, and GZK 813 to the west and GZK 810 and GZK 811 to the east.
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