DRILLING COMMENCES AT BACKFLIP
30-06-08
CARBINE IS PLEASED TO ANNOUNCE THAT THE WEST KALGOORLIE JOINT VENTURE HAS COMMENCED A REVERSE CIRCULATION DRILLING PROGRAM AT THE BACKFLIP PROSPECT. THE BACKFLIP PROSPECT IS WITHIN THE GRANTS PATCH PROJECT, FAVOURABLY LOCATED ONLY 6KM FROM EXISTING HAUL ROADS AND LESS THAN 25KM FROM THE THIRD PARTY OWNED PADDINGTON GOLD PROCESSING PLANT.
THE DESIGNED DRILL PROGRAM WILL TEST THE EXTENT OF PREVIOUSLY IDENTIFIED HIGH-GRADE GOLD MINERALISATION AND WILL CONSIST OF 20 DRILL HOLES FOR 3,880 METRES. PREVIOUS GOLD INTERCEPTS INCLUDE:
- 9m @ 16.1 g/t gold from 94m
- 19m @ 13.2 g/t gold from 108m
- 3m @ 16.0 g/t gold from 121m
- 2m @ 12.3 g/t gold from 123m
THE WEST KAL JV IS HOPEFUL OF PROVING UP A SIGNIFICANT HIGH-GRADE RESOURCE AMENABLE TO MECHANISED UNDERGROUND MINING.
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