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EXPLORATION UPDATE – RC DRILLING RESULTS FROM GRANTS CREEK

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Single metre assay results from recent drilling on the Perseverance Prospect have returned intercepts including 15m @ 4.2 g/t, 5m @ 5.87 g/t, 6m @ 6.13 g/t and 3m @ 7.88 g/t gold
 
Peak individual samples include 17.8 g/t, 20.7 g/t, 12.8 g/t and 15.25 g/t gold
 
The drilling indicates the presence of a central higher grade mineralised structure with peripheral stringer zones

Date:  Wednesday 17 Dec 2008