Selected highlights include:
-- Hole SU-260 intersected 0.5 meters with uncut grades of 17,750 grams of
gold and 7,780 grams of silver per tonne (1.6 feet averaging 517.7
ounces gold and 226.9 ounces of silver per ton);
-- Hole SU-249 intersected 0.5 meters with uncut grades of 3,880 grams of
gold and 1,745 grams of silver per tonne (1.6 feet averaging 113.2
ounces gold and 50.9 ounces silver per ton);
-- Hole SU-239 intersected 1.0 meter with uncut grades of 3,460 grams of
gold and 1,515 grams of silver per tonne (3.3 feet averaging 100.9
ounces gold and 44.2 ounces silver per ton).
The bonanza-grade interval in hole SU-260 noted above was intersected at a depth of 68.4 meters down-hole, demonstrating the proximity of high-grade, visible gold to surface. Hole SU-260 was drilled 25 meters east of hole SU-115, which also intercepted near-surface high-grade gold with an interval of 0.5 meters with uncut grades of 18,755 grams of gold and 9,312 grams of silver per tonne at a down-hole depth of approximately 60 meters (see news release dated June 8, 2011).
The high-grade interval from hole SU-249 noted above is located approximately 100 meters above the high-grade interval from hole SU-12, drilled in 2009, with uncut grades of 16,948 grams of gold and 8,696 grams of silver per tonne over 1.5 meters.
The high-grade interval from hole SU-239 noted above is located on section with high-grade intervals from holes SU-135 and SU-150. Hole SU-135 intersected 0.5 meters with an uncut grade of 1,070 grams of gold, and SU-150 intersected two 0.5 meter intervals with uncut grades of 6,670 grams of gold and 1,640 grams of gold per tonne (see news releases dated July 27, 2011 and August 11, 2011).
Also of note from the results is hole SU-237, which intersected 3.0 meters grading 377 grams per tonne gold and 248 grams per tonne silver, located on the same section as SU-195 and SU-230.