Dear Shareholders and Colleagues, Welcome to Adelaide Resources Limited latest company announcement. POSITIVE GOLD SURFACE SAMPLING RESULTS DELIVER FURTHER DRILL TARGES AT DRUMMOND Summary Surface sampling has been completed on the Company?s granted Drummond Basin gold tenements in Queensland with the goal being the identification of additional targets to drill test in conjunction with the highly regarded Bunyip prospect. ? Fifteen target areas, generated through the assessment of historical geochemical surveys and geological mapping, were prospected and 155 rock chip samples assayed. ? Five target areas (Poppi?s, Anna Splay, Roo Tail, East Central Limey Dam and MR205) delivered positive results with rock chips assaying 1.0g/t gold or higher recorded. ? Best results were returned from Poppi?s, where high grade results included 6.04g/t gold and 4.06g/t gold. Roo Tail returned assays including 2.19g/t gold and 1.09g/t gold. ? East Central Limey Dam recorded numerous gold anomalous samples to a maximum of 1.27g/t gold, while anomalous arsenic and high level vein textures are consistent with the preservation of gold targets at depth. ? Poppi?s, Roo Tail and East Central Limey Dam are designated drill targets along with Bunyip this year. Click here to download the full announcement (PDF 2.5 MB). Should this link not open, go to the Adelaide Resources Limited website at: www.adelaideresources.com.au and follow the link in Recent News. |