This announcement replaces RNS 2807X made at 07.01 today. The Company has received and reviewed the underlying data from Diamond Drill Hole NEV031 and is able to comment accordingly.
Gold Anomaly Limited (ASX: GOA), the Company's joint venture partner in the Crater Mountain Project, released an announcement on 13 February 2012 of results from Diamond Drill Hole NEV031. TPJ holds an 8% interest in the Crater Mountain Project.
The announcement can be found at the Company's website: www.tpjunction.com and includes the table below:
NEV031 - Significant Results
30m to 48m
18m @ 0.27 g/t Au
62m to 66m
4m @ 0.36 g/t Au
92m to 124m
32m @ 0.73 g/t Au & 0.08% Cu
Including: 94.9m to 100m
5.10m @1.38 g/t Au & 0.31% Cu
106m to 116m
10.0m @ 1.10 g/t Au & 0.02% Cu
182m to 206m
24m @ 0.51 g/t Au
Including: 200m to 204m
4m @ 1.57 g/t Au
228m to 454m
228m @0.57 g/t Au & 0.07% Cu
Including: 318m to 342m
24m @ 1.30 g/t Au & 0.09% Cu
360m to 364m
4m @ 1.43 g/t Au
442m to 452m
10m @1.23 g/t Au & 0.14% Cu
532m to 540m
8m @ 0.22 g/t Au
572m to 580m
8m @ 0.31 g/t Au
594m to 602.9m - end of hole
8.9m @ 0.23 g/t Au
The above intercepts were calculated using a 0.20g/t Au COG, using a minimum intercept width of 2m, and a maximum of 4m of internal dilution. The intercept was calculated using a weighted average, whereby the summation of the individual sample grade is multiplied by the sample width then divided by the intercept length. Each sample if of half core and each sample length is 2m. High grade intercepts are calculated using a 0.50 g/t Au COG, using the same methodology as the 0.20 g/t Au COG.
Bill Howell commented: "The commencement by GOA of a petrographic study of the mineralization and alteration trends encountered in the Nevera Prospect drill holes should contribute to a better understanding of the potential of this large mineralized system."
Mr Bill Howell, as a Fellow of the Australasian Institute of Mining and Metallurgy and with more than 40 years of relevant experience in mineral exploration, is qualified as the Competent Person under the JORC 2004 Code and the AIM Note for Mining, Oil and Gas Companies 2009. He has reviewed the information contained in this statement and authorized its release.
Triple Plate Junction plc
Fraser McGee +44 (0)7775 693 237
Matthew Robinson/Christopher Raggett +44 (0)20 7220 0500
Ocean Equities Limited
Guy Wilkes +44 (0)20 7786 4370
Ben Brewerton/Oliver Winters +44 (0)20 7831 3113
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