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News and Announcements

Gold Anomaly Limited (ASX:GOA) Independent Report Shows 2 to 4m oz Potential in Mixing Zone

  • Published November 09, 2012 11:10PM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

Sydney, Australia, Nov 8, 2012 – (ABN Newswire) – Gold Anomaly (ASX:GOA.AX – News) requested that H & S Consultants Pty Ltd (formerly Hellman & Schofield Pty Ltd), an independent geological consultancy based in Sydney, Australia, undertake an assessment of the Exploration Potential for the Nevera prospect at Crater Mountain. A previous Inferred Resource of 24Mt at 1g/t Au for 790,000 ozs for the Main Zone of the Nevera prospect was estimated by Dr Andrew Richmond using a 0.5g/t gold cut off grade. Additional drilling by Gold Anomaly has now identified a much larger gold envelope to the Inferred Resource and this envelope combined with the Inferred Resource makes up the new Exploration Target for the prospect.

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