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Exploration

2007 - 2012 Shamrock Programs

Shamrock saw underground development contemporary with, and akin to the early 1900's Olive exploitation. After that, only limited exploration of the Zone was conducted until the early 1990's when 152 metres of Reverse Circulation exploration was completed in 1992.

A more focused exploration campaign on Shamrock began in 2007 with 868 metres of diamond drilling which was followed in 2010 with 1,693 metres of diamond drilling and a further 2,480 metres of diamond drilling and 300 metres of Reverse Circulation drilling in 2011.

Three seasons of limited surface trench and resultant mapping and sampling were also conducted on Shamrock in 2006-2010 with a total of 1,795 metres of trenches completed.

Table 2: Select Shamrock Drillholes Mineralized Intervals

Drillhole From (meters) To (meters) Length (meters) Grade (g/t Au)
92-036R 16.76 22.86 6.10 3.75
and 67.06 73.15 6.09 1.57
92-038r 32.00 38.10 6.10 0.84
and 124.97 132.59 7.62 1.05
DG07-321C 23.77 39.01 15.24 1.11
DG07-326C 72.24 82.91 10.67 1.94
DG07-328C 158.85 166.26 7.41 4.27
DG07-329C 6.53 21.17 14.64 1.10
DG10-377C 5.80 36.30 30.50 12.03
including 5.80 18.00 12.20 27.98
DG10-386C 143.70 154.53 10.83 2.11

N.B. The above widths are reported as drilled as true widths have not yet been determined, but have been estimated at two thirds downhole length.

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