Moto Goldmines Limited
TSX : MGL
ASX : MOE
AIM : MOE

Moto Goldmines Limited

May 19, 2006 12:04 ET

Moto Goldmines Limited: Significant Results Confirm Potential for Extension of Resources at Chauffeur/Durba

PERTH, WESTERN AUSTRALIA--(CCNMatthews - May 19, 2006) - Moto Goldmines Limited (TSX:MGL)(ASX:MOE)(AIM:MOE) ("Moto") -

Significant results from the extension and infill diamond drill programme at Chauffeur / Durba include:



- 48m at 2.73 g/t Au from 0m to 48m,
- 66m at 5.05 g/t Au from 12m to 78m.
- 18m at 5.28 g/t Au from 136 to 154m,
- 38m at 2.64 g/t Au from 150m to 188m,
- 14m at 7.75 g/t Au from 162m to 176m,
- 58m at 4.88 g/t Au from 178m to 236m,
- 48m at 2.75 g/t Au from 206m to 254m,
- 52m at 2.26 g/t Au from 238m to 290m, and
- 26m at 10.41 g/t Au from 252m to 278m.

Updated resource estimate planned for Q3, 2006.


Significant results from regional exploration drilling at Mofu, Oere and Kalimva North Prospects include:



- Mofu: 4m at 5.02 g/t Au from 0m to 4m,
4m at 4.98 g/t Au from 24m to 28m,
10m at 8.26 g/t Au from 26m to 36m,

- Oere: 30m at 1.04 g/t Au from 6m to 36m,
10m at 2.33 g/t Au from 18m to 28m,
8m at 2.33 g/t Au from 34m to 42m,

- Kalimva North: 20m at 2.05 g/t Au from 4m to 24m and
8m at 1.88 g/t Au from 20m to 28m.


Follow up RC drilling is planned.

In April 2006 the Company announced an updated resource estimate at the Moto Gold project in the north east of the Democratic Republic of Congo. Geological consultants Cube Consulting Pty Limited ("Cube Consulting") estimated indicated resources of 43.44 million tonnes at 2.7 g/t for 3.756 million ounces of gold and inferred resources of 100.86 million tonnes at 3.8 g/t Au for 12.353 million ounces of gold. Recent extension drilling at Chauffeur / Durba, designed to both infill and increase the resources, has generated further significant results.

CHAUFFEUR / DURBA

Further results in the ongoing extension and infill diamond drill programmes have been received. These drill programmes have been designed in collaboration with Cube Consultants with the objective of enabling the shallower portion of the up-plunge portion of the Chauffeur mineralisation to be brought into the indicated category. Significant intercepts include: 38m at 2.64 g/t Au from 150m to 188m and 48m at 2.75 g/t Au from 206m to 254m in DDD118, 14m at 7.75 g/t Au from 162m to 176m and 26m at 10.41 g/t Au from 252m to 278m in DDD122A, 58m at 4.88 g/t Au from 178m to 236m in DDD123, 18m @ 5.28 g/t Au from 136m to 154m in DDD125, 52m @ 2.26 g/t Au from 238m to 290m in DDD126, 48m at 2.73 g/t Au from 0m to 48m in DDD131 and 66m @ 5.05 g/t Au from 12m to 178m in DDD133.

The mineralised intercepts in DDD112 demonstrate the Chauffeur deposit to be open to the southeast while mineralised intercepts in DDD102 and DDD103 lie to the southeast of the known Durba mineralisation. These intercepts demonstrate the excellent potential for the delineation of further resources in the immediate area. Further drill programmes have been designed to test the extension of these known resources.

DDD131, DDD132 and DDD133 which returned 48m at 2.73 g/t Au from surface to 48m, 26m at 1.93 g/t Au from surface to 26m and 66m at 5.05 g/t Au from 12m to 78m respectively were drilled to test a mineralised zone lying approximately 275m northwest of the main Chauffeur mineralisation. DDD132 and DDD133 lie 40m and 80m respectively down plunge of DDD131. A further 6 diamond holes are planned to further test the excellent initial results from this mineralised zone.

The diamond drill programmes located in the Karagba, Chauffeur and Durba Project area have allowed the identification of the three separate Resource Domains which where previously incorporated under the name Karagba. In April 2006 Cube Consulting completed resource estimations on these mineralised zones as follows - At Karagba indicated resources of 6.06 million tonnes at 2.7 g/t for 523,000 ounces of gold and inferred resources of 15.87 million tonnes at 2.7 g/t Au for 1.397 million ounces of gold, at Chauffeur inferred resources of 39.02 million tonnes at 5.5 g/t Au for 6.848 million ounces of gold, and at Durba inferred resources of 2.30 million tonnes at 2.2 g/t Au for 162,000 ounces of gold.

Significant results received and not previously reported for Chauffeur/Durba are summarised in Table 1.

A further resource update is planned for the third quarter of 2006 based upon analysis of further infill and extension drilling results from Karagba-Chauffeur-Durba.

MOFU / OERE / KALIMVA

The Mofu Prospect lies at the southern end of a 10km long north northeast trending line of prospects / mines which includes Oere, the old Kalimva mine site previously exploited by the Belgians and Kalimva North. The Mofu prospect is located lie 9.5km northwest of the Kibali / Durba / Karagba mineralised trend and 2km northwest of the Mengu Hill Deposit (indicated resource of 1.28 million tonnes at 3.5 g/t Au for 699,000 ounces of gold and inferred resource of 0.15 million tonnes at 2.5 g/t Au for 12,000 ounces of gold).

These prospects were initially delineated by soil geochemistry and followed up with RC drilling on 80m and 160m spaced east-west traverses with drill holes on 40m and 80m centres. Results have been received for all recently completed reverse circulation drill programmes. Significant intercepts include:

- Mofu: 4m at 4.98 g/t Au from 24m to 28m in MORC020, 4m at 5.02 g/t Au from 0m to 4m in MORC028 and 10m at 8.26 g/t Au from 26m to 36m in MORC040,

- Oere: 30m at 1.04 g/t Au from 6m to 36m in ORC044, 10m at 2.33 g/t Au from 18m to 28m in ORC051, and 8m at 2.33 g/t Au from 34m to 42m in ORC061,

- Kalimva North: 20m at 2.05 g/t Au from 4m to 24m in KVRC193 and 8m at 1.88 g/t Au from 20m to 28m in KVRC210.

The drilling at Mofu and Oere has delineated north northeast trending, steep easterly dipping mineralised zones over strike lengths of 500m and 700m respectively. This mineralisation occurs predominantly on or near a sedimentary / basalt contact similar to the mineralisation exploited at Kalimva mine site.

At Kalimva North the mineralisation occurs in northeast plunging lenses with strike lengths of up to 200m. This style of mineralisation is similar to that found in the Kibali / Durba / Chauffeur mineralised trend.

Followup drilling has been planned for these prospects.

Significant results received for Mofu / Oere and Kalimva North are summarised in Tables 2, 3 and 4.

Company website: www.motogoldmines.com

Additional Notes:

Scientific or technical information in this news release has been prepared under the supervision of Greg Smith, Exploration Manager of the Company and a qualified person under National Instrument 43-101 and a member of the Australasian Institute of Mining and Metallurgy (AusIMM). Greg Smith has sufficient experience which is relevant to the style of mineralisation under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves" (the JORC Code).

The Information in this report that relates to Mineral Resources is based on a resource estimate compiled by Ted Coupland who is a member of the Australasian Institute of Mining and Metallurgy (AusIMM), Mineral Industry Consultants Association (MICA) and is a Chartered Professional (Geology), and a qualified person under National Instrument 43-101. Ted Coupland is a director of Cube Consulting Pty Ltd. Ted Coupland has sufficient experience which is relevant to gold mineralisation and resource estimation to qualify as a competent Person as defined in the December 2004 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves" (the JORC Code). Ted Coupland consents to the inclusion in this report of the Information, in the form and context in which it appears.

Caution Regarding Forward Looking Statements: Statements regarding the Company's plans with respect to developing the Moto Gold Project are forward-looking. There can be no assurance that any mineralisation will be proven to be economic, that anticipated metallurgical recoveries will be achieved, that future evaluation work will confirm the viability of deposits identified with the project or that future required regulatory approvals will be obtained.



Table 1 -- Significant intercepts Chauffeur / Durba
-------------------------------------------------------------------
Hole_id UTM_North UTM_East RL Azimuth Dip Depth From To
-------------------------------------------------------------------
DDD087 344311 786608 879 0 -90 224 70 74
-------------------------------------------------------------------
124 132
-------------------------------------------------------------------
152 156
-------------------------------------------------------------------
170 174
-------------------------------------------------------------------
DDD100 344197 786473 889.81 0 -90 200 20 22
-------------------------------------------------------------------
31.65 36
-------------------------------------------------------------------
52 54
-------------------------------------------------------------------
78 96
-------------------------------------------------------------------
102 104
-------------------------------------------------------------------
DDD101 344164 786501 889.813 0 -90 200 77 81.23
-------------------------------------------------------------------
101 104
-------------------------------------------------------------------
198 200
-------------------------------------------------------------------
DDD102 344147 786542 899 0 -90 200 8 10
-------------------------------------------------------------------
40 46
-------------------------------------------------------------------
88 118
-------------------------------------------------------------------
DDD103 344119 786568 899 0 -90 386 0 8
-------------------------------------------------------------------
16 34
-------------------------------------------------------------------
298 300
-------------------------------------------------------------------
308 330
-------------------------------------------------------------------
358 362
-------------------------------------------------------------------
370 384
-------------------------------------------------------------------
DDD104 344095 786601 900 0 -90 200.4 0 6
-------------------------------------------------------------------
14 16
-------------------------------------------------------------------
164 166
-------------------------------------------------------------------
178 180
-------------------------------------------------------------------
DDD106 343951 786280 897 0 -90 149 135 139
-------------------------------------------------------------------
DDD107 343971 786345 898 0 -90 149
-------------------------------------------------------------------
DDD112 344110 786793 863 225 -90 245 0 2
-------------------------------------------------------------------
37.65 54
-------------------------------------------------------------------
74 100
-------------------------------------------------------------------
128 146
-------------------------------------------------------------------
DDD118 344380 786868 866 225 -60 390 90 102
-------------------------------------------------------------------
106 108
-------------------------------------------------------------------
136 142
-------------------------------------------------------------------
150 188
-------------------------------------------------------------------
206 254
-------------------------------------------------------------------
258 260
-------------------------------------------------------------------
280 284
-------------------------------------------------------------------
350 352
-------------------------------------------------------------------
DDD122A 344379 786869 866 0 -90 431.6 58 60
-------------------------------------------------------------------
96 102
-------------------------------------------------------------------
106 128
-------------------------------------------------------------------
134 138
-------------------------------------------------------------------
162 176
-------------------------------------------------------------------
210 216
-------------------------------------------------------------------
252 278
-------------------------------------------------------------------
284 286
-------------------------------------------------------------------
300 306
-------------------------------------------------------------------
370 380
-------------------------------------------------------------------
384 386
-------------------------------------------------------------------
398 410
-------------------------------------------------------------------


---------------------------------
Hole_id Interval Au g/t
---------------------------------
DDD087 4 1.01
---------------------------------
8 1.21
---------------------------------
4 1.11
---------------------------------
4 3.73
---------------------------------
DDD100 2 1.03
---------------------------------
4.35 3.37
---------------------------------
2 1.20
---------------------------------
18 4.04
---------------------------------
2 1.07
---------------------------------
DDD101 4.23 1.41
---------------------------------
2 1.56
---------------------------------
2 4.44
---------------------------------
DDD102 2 3.36
---------------------------------
6 1.35
---------------------------------
30 1.19
---------------------------------
DDD103 8 2.17
---------------------------------
18 1.81
---------------------------------
2 1.85
---------------------------------
22 2.40
---------------------------------
4 2.18
---------------------------------
14 3.74
---------------------------------
DDD104 6 0.62
---------------------------------
2 1.15
---------------------------------
2 0.97
---------------------------------
2 1.21
---------------------------------
DDD106 4 1.30
---------------------------------
DDD107 no significant intercept
---------------------------------
DDD112 2 1.02
---------------------------------
16.35 1.47
---------------------------------
26 1.85
---------------------------------
18 1.81
---------------------------------
DDD118 12 4.63
---------------------------------
2 1.10
---------------------------------
6 2.41
---------------------------------
38 2.64
---------------------------------
48 2.75
---------------------------------
2 1.26
---------------------------------
4 3.03
---------------------------------
2 1.21
---------------------------------
DDD122A 2 1.04
---------------------------------
6 0.93
---------------------------------
22 2.78
---------------------------------
4 1.01
---------------------------------
14 7.75
---------------------------------
6 2.21
---------------------------------
26 10.41
---------------------------------
2 6.30
---------------------------------
6 1.34
---------------------------------
10 1.59
---------------------------------
2 3.64
---------------------------------
12 5.30
---------------------------------


Table 1 -- Significant intercepts Chauffeur / Durba (continued)
------ -------------------------------------
Hole_ UTM_ UTM_
id North East RL Azimuth
-------------------------- -------- -------
DDD123 344348 787026 854 0
------ ------ ------------ -------- -------

------ ------ ------------ -------- -------

------ ------ ------------ -------- -------
DDD125 344406 786959 856 0
------ ------ ------------ -------- -------

------ ------ ------------ -------- -------

------ ------ ------------ -------- -------

------ ------ ------------ -------- -------

------ ------ ------------ -------- -------

------ ------ ------------ -------- -------

------ ------ ------------ -------- -------
DDD126 344402 786953 848.9 0
------ ------ ------------ -------- -------

------ ------ ------------ -------- -------

------ ------ ------------ -------- -------

------ ------ ------------ -------- -------

------ ------ ------------ -------- -------

------ ------ ------------ -------- -------

------ ------ ------------ -------- -------
DDD131 344478 786705 883 315
------ ------ ------------ -------- -------

------ ------ ------------ -------- -------
DDD132 344499 786739 876.1775 315
------ ------ ------------ -------- -------

------ ------ ------------ -------- -------

------ ------ ------------ -------- -------
DDD133 344529 786762 869.978 315
------ ------ ------------ -------- -------

------ ------ ------------ -------- -------
DDD141 344207 786697 866 0
------ ------ ------------ -------- -------

------ ------ ------------ -------- -------

------ ------ ------------ -------- -------
DDD143 344430 786647 882 0
------ ------ ------------ -------- -------

------ ------ ------------ -------- -------

------ ------ ------------ -------- -------


------ -------------------------- -------- ------
Hole_
Id Dip Depth From To Interval Au g/t
---------- ----- ---- ----------- -------- ------
DDD123 -90 331.4 122 130 8 1.09
------ --- ----- ---- ----------- -------- ------
160 172 12 1.05
------ --- ----- ---- ----------- -------- ------
178 236 58 4.88
------ --- ----- ---- ----------- -------- ------
DDD125 -90 350 126 128 2 3.37
------ --- ----- ---- ----------- -------- ------
136 154 18 5.28
------ --- ----- ---- ----------- -------- ------
210 230 20 1.54
------ --- ----- ---- ----------- -------- ------
236 242 6 1.83
------ --- ----- ---- ----------- -------- ------
248 258 10 3.74
------ --- ----- ---- ----------- -------- ------
282 284 2 2.25
------ --- ----- ---- ----------- -------- ------
302 320 18 1.40
------ --- ----- ---- ----------- -------- ------
DDD126 -90 350 138 150 12 2.33
------ --- ----- ---- ----------- -------- ------
156 164 8 0.71
------ --- ----- ---- ----------- -------- ------
176 184 8 5.53
------ --- ----- ---- ----------- -------- ------
238 290 52 2.26
------ --- ----- ---- ----------- -------- ------
318 320 2 1.06
------ --- ----- ---- ----------- -------- ------
332 336 4 1.62
------ --- ----- ---- ----------- -------- ------
350 352 2 2.29
------ --- ----- ---- ----------- -------- ------
DDD131 -60 200 0 48 48 2.73
------ --- ----- ---- ----------- -------- ------
168 170 2 25.54
------ --- ----- ---- ----------- -------- ------
DDD132 -60 200 0 26 26 1.93
------ --- ----- ---- ----------- -------- ------
64 71 7 7.80
------ --- ----- ---- ----------- -------- ------
80 88 8 1.53
------ --- ----- ---- ----------- -------- ------
DDD133 -60 200 0 2 2 1.26
------ --- ----- ---- ----------- -------- ------
12 78 66 5.05
------ --- ----- ---- ----------- -------- ------
DDD141 -90 160 66 68 2 2.39
------ --- ----- ---- ----------- -------- ------
74 80 6 1.16
------ --- ----- ---- ----------- -------- ------
138 142 4 1.53
------ --- ----- ---- ----------- -------- ------
DDD143 -90 260 0 7.7 7.7 1.88
------ --- ----- ---- ----------- -------- ------
28.7 36.2 7.5 1.75
------ --- ----- ---- ----------- -------- ------
50 55.7 5.7 2.64
------ --- ----- ---- ----------- -------- ------


Note: The intersected true width ranges from 90% to 100% of the intercept.

Genalysis Laboratory Services located in Perth, Western Australia completed all assays on drill core from Chauffeur / Durba. Fire assay using a 50gm charge was used for all assays.



Table 2 -- Significant intercepts Mofu
------- ------ ------ ------------------------
Hole_id UTM_ UTM_ UTM_
North East RL Azimuth Dip
----------------------------------------- ---
MORC001 353699 781836 870 270 -60
------- ------ ------ --- --------------- ---
MORC002 353689 781798 871 270 -60
------- ------ ------ --- --------------- ---
MORC003 353689 781759 862 270 -60
------- ------ ------ --- --------------- ---
MORC004 353038 781676 850 270 -60
------- ------ ------ --- --------------- ---
MORC005 353038 781721 855 270 -60
------- ------ ------ --- --------------- ---
MORC006 353038 781751 858 270 -60
------- ------ ------ --- --------------- ---
MORC007 353036 781802 869 270 -60
------- ------ ------ --- --------------- ---
MORC008 353043 781843 865 270 -60
------- ------ ------ --- --------------- ---
MORC009 352960 781638 845 270 -60
------- ------ ------ --- --------------- ---
MORC010 352962 781679 848 270 -60
------- ------ ------ --- --------------- ---
MORC011 352962 781718 853 270 -60
------- ------ ------ --- --------------- ---
MORC012 352961 781757 857 270 -60
------- ------ ------ --- --------------- ---
MORC013 352963 781801 867 270 -60
------- ------ ------ --- --------------- ---

------- ------ ------ --- --------------- ---
MORC014 352963 781836 867 270 -60
------- ------ ------ --- --------------- ---

------- ------ ------ --- --------------- ---

------- ------ ------ --- --------------- ---
MORC015 352881 781638 847 270 -60
------- ------ ------ --- --------------- ---
MORC016 352881 781679 850 270 -60
------- ------ ------ --- --------------- ---
MORC017 352881 781718 853 270 -60
------- ------ ------ --- --------------- ---
MORC018 352881 781758 855 270 -60
------- ------ ------ --- --------------- ---
MORC019 352883 781798 860 270 -60
------- ------ ------ --- --------------- ---
MORC020 352882 781839 863 270 -60
------- ------ ------ --- --------------- ---

------- ------ ------ --- --------------- ---
MORC021 352882 781919 854 270 -60
------- ------ ------ --- --------------- ---
MORC022 352883 781997 851 270 -60
------- ------ ------ --- --------------- ---
MORC023 352799 781641 848 270 -60
------- ------ ------ --- --------------- ---
MORC024 352800 781681 850 270 -60
------- ------ ------ --- --------------- ---
MORC025 352800 781719 852 270 -60
------- ------ ------ --- --------------- ---
MORC026 352800 781761 853 270 -60
------- ------ ------ --- --------------- ---
MORC027 352800 781801 855 270 -60
------- ------ ------ --- --------------- ---
MORC028 352800 781844 857 270 -60
------- ------ ------ --- --------------- ---
MORC029 352802 781921 853 270 -60
------- ------ ------ --- --------------- ---
MORC030 352802 781998 846 270 -60
------- ------ ------ --- --------------- ---
MORC031 352719 781676 849 270 -60
------- ------ ------ --- --------------- ---
MORC032 352718 781718 851 270 -60
------- ------ ------ --- --------------- ---
MORC033 352719 781757 852 270 -60
------- ------ ------ --- --------------- ---
MORC034 352719 781796 852 270 -60
------- ------ ------ --- --------------- ---
MORC035 352720 781835 854 270 -60
------- ------ ------ --- --------------- ---
MORC036 352722 781917 855 270 -60
------- ------ ------ --- --------------- ---
MORC037 352720 781999 847 270 -60
------- ------ ------ --- --------------- ---
MORC038 352642 781838 847 270 -60
------- ------ ------ --- --------------- ---
MORC039 352641 781881 847 270 -60
------- ------ ------ --- --------------- ---
MORC040 352641 781921 846 270 -60
------- ------ ------ --- --------------- ---
MORC041 352642 781959 846 270 -60
------- ------ ------ --- --------------- ---
MORC046 352562 781999 838 270 -60
------- ------ ------ --- --------------- ---


------- -------------- -- -------- ---------------
Hole_id Depth From To Interval Au g/t
------------- -------- -- -------- ---------------
MORC001 60 no significant intercept
------- ----- -------- -- ------------------------
MORC002 60 no significant intercept
------- ----- -------- -- ------------------------
MORC003 60 no significant intercept
------- ----- -------- -- ------------------------
MORC004 60 no significant intercept
------- ----- -------- -- ------------------------
MORC005 60 no significant intercept
------- ----- -------- -- ------------------------
MORC006 60 no significant intercept
------- ----- -------- -- ------------------------
MORC007 60 8 10 2 0.99
------- ----- -------- -- -------- ---------------
MORC008 60 36 38 2 3.76
------- ----- -------- -- -------- ---------------
MORC009 60 no significant intercept
------- ----- -------- -- ------------------------
MORC010 60 no significant intercept
------- ----- -------- -- ------------------------
MORC011 60 no significant intercept
------- ----- -------- -- ------------------------
MORC012 60 no significant intercept
------- ----- -------- -- ------------------------
MORC013 60 2 4 2 1.16
------- ----- -------- -- -------- ---------------
26 28 2 1.61
------- ----- -------- -- -------- ---------------
MORC014 60 20 22 2 1.48
------- ----- -------- -- -------- ---------------
40 42 2 1.20
------- ----- -------- -- -------- ---------------
52 54 2 0.68
------- ----- -------- -- -------- ---------------
MORC015 60 42 44 2 2.03
------- ----- -------- -- -------- ---------------
MORC016 60 no significant intercept
------- ----- -------- -- ------------------------
MORC017 60 no significant intercept
------- ----- -------- -- ------------------------
MORC018 60 no significant intercept
------- ----- -------- -- ------------------------
MORC019 60 no significant intercept
------- ----- -------- -- ------------------------
MORC020 60 14 16 2 1.29
------- ----- -------- -- -------- ---------------
24 28 4 4.98
------- ----- -------- -- -------- ---------------
MORC021 60 no significant intercept
------- ----- -------- -- ------------------------
MORC022 60 no significant intercept
------- ----- -------- -- ------------------------
MORC023 60 no significant intercept
------- ----- -------- -- ------------------------
MORC024 60 no significant intercept
------- ----- -------- -- ------------------------
MORC025 60 no significant intercept
------- ----- -------- -- ------------------------
MORC026 60 no significant intercept
------- ----- -------- -- ------------------------
MORC027 60 no significant intercept
------- ----- -------- -- ------------------------
MORC028 60 0 4 4 5.02
------- ----- -------- -- -------- ---------------
MORC029 60 56 58 2 1.37
------- ----- -------- -- -------- ---------------
MORC030 60 no significant intercept
------- ----- -------- -- ------------------------
MORC031 60 no significant intercept
------- ----- -------- -- ------------------------
MORC032 60 no significant intercept
------- ----- -------- -- ------------------------
MORC033 60 no significant intercept
------- ----- -------- -- ------------------------
MORC034 60 no significant intercept
------- ----- -------- -- ------------------------
MORC035 60 no significant intercept
------- ----- -------- -- ------------------------
MORC036 62 no significant intercept
------- ----- -------- -- ------------------------
MORC037 60 no significant intercept
------- ----- -------- -- ------------------------
MORC038 60 no significant intercept
------- ----- -------- -- ------------------------
MORC039 60 0 2 2 0.71
------- ----- -------- -- -------- ---------------
MORC040 60 26 36 10 8.26
------- ----- -------- -- -------- ---------------
MORC041 60 no significant intercept
------- ----- -------- -- ------------------------
MORC046 60 no significant intercept
------- ----- -------- -- ------------------------


Table 3 -- Significant intercepts Oere
------ ------ ------ --------------------
Hole_id UTM_ UTM_ UTM_
North East RL Azimuth
----------------------------------------
ORC001 354601 781997 875 270
------ ------ ------ --- ---------------
ORC002 354598 782039 872 270
------ ------ ------ --- ---------------
ORC003 354599 782078 869 270
------ ------ ------ --- ---------------
ORC004 354595 782114 865 270
------ ------ ------ --- ---------------
ORC005 354595 782161 862 270
------ ------ ------ --- ---------------
ORC006 354799 782078 863 270
------ ------ ------ --- ---------------
ORC007 354797 782124 859 270
------ ------ ------ --- ---------------
ORC008 354798 782161 857 270
------ ------ ------ --- ---------------
ORC009 354998 782039 873 270
------ ------ ------ --- ---------------
ORC010 355000 782077 868 270
------ ------ ------ --- ---------------
ORC011 355001 782115 863 270
------ ------ ------ --- ---------------
ORC012 355006 782160 857 270
------ ------ ------ --- ---------------
ORC013 355003 782201 853 270
------ ------ ------ --- ---------------
ORC014 355002 782238 849 270
------ ------ ------ --- ---------------
ORC015 355199 782278 857 270
------ ------ ------ --- ---------------
ORC016 355199 782318 856 270
------ ------ ------ --- ---------------
ORC017 355199 782359 854 270
------ ------ ------ --- ---------------
ORC018 355398 782285 868 270
------ ------ ------ --- ---------------
ORC019 355399 782319 855 270
------ ------ ------ --- ---------------
ORC020 355393 782351 841 270
------ ------ ------ --- ---------------
ORC021 355598 782363 856 270
------ ------ ------ --- ---------------
ORC022 355601 782395 851 270
------ ------ ------ --- ---------------
ORC023 355600 782441 848 270
------ ------ ------ --- ---------------

------ ------ ------ --- ---------------
ORC024 355604 782469 844 270
------ ------ ------ --- ---------------
ORC026 355799 782480 858 270
------ ------ ------ --- ---------------
ORC027 355800 782517 855 270
------ ------ ------ --- ---------------

------ ------ ------ --- ---------------
ORC028 355801 782556 852 270
------ ------ ------ --- ---------------
ORC029 356003 782477 883 270
------ ------ ------ --- ---------------
ORC030 356001 782523 872 270
------ ------ ------ --- ---------------
ORC031 356000 782559 866 270
------ ------ ------ --- ---------------

------ ------ ------ --- ---------------
ORC032 356077 782474 889 270
------ ------ ------ --- ---------------
ORC033 356080 782520 875 270
------ ------ ------ --- ---------------
ORC034 356080 782551 871 270
------ ------ ------ --- ---------------
ORC035 356079 782637 860 270
------ ------ ------ --- ---------------
ORC036 356157 782484 868 270
------ ------ ------ --- ---------------
ORC037 356164 782521 874 270
------ ------ ------ --- ---------------
ORC038 356161 782563 869 270
------ ------ ------ --- ---------------
ORC039 356160 782638 854 270
------ ------ ------ --- ---------------

------ ------ ------ --- ---------------
ORC040 356159 782721 846 270
------ ------ ------ --- ---------------
ORC041 356241 782477 851 270
------ ------ ------ --- ---------------
ORC042 356238 782517 857 270
------ ------ ------ --- ---------------
ORC043 356237 782551 862 270
------ ------ ------ --- ---------------
ORC044 356242 782641 852 270
------ ------ ------ --- ---------------
ORC045 356243 782720 848 270
------ ------ ------ --- ---------------


------ ------------------ -- -------- ---------------
Hole_
id Dip Depth From To Interval Au g/t
---------- ----- -------- -- -------- ---------------
ORC001 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC002 -60 60 20 22 2 0.73
------ --- ----- -------- -- -------- ---------------
ORC003 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC004 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC005 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC006 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC007 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC008 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC009 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC010 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC011 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC012 -60 60 18 22 4 1.07
------ --- ----- -------- -- -------- ---------------
ORC013 -60 60 36 42 6 1.73
------ --- ----- -------- -- -------- ---------------
ORC014 -60 60 56 60 4 0.66
------ --- ----- -------- -- -------- ---------------
ORC015 -60 60 12 14 2 0.73
------ --- ----- -------- -- -------- ---------------
ORC016 -60 60 56 58 2 0.61
------ --- ----- -------- -- -------- ---------------
ORC017 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC018 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC019 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC020 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC021 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC022 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC023 -60 60 38 42 4 1.44
------ --- ----- -------- -- -------- ---------------
58 60 2 1.21
------ --- ----- -------- -- -------- ---------------
ORC024 -60 60 58 60 2 2.10
------ --- ----- -------- -- -------- ---------------
ORC026 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC027 -60 60 44 48 4 1.17
------ --- ----- -------- -- -------- ---------------
56 60 4 2.49
------ --- ----- -------- -- -------- ---------------
ORC028 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC029 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC030 -60 60 0 2 2 0.62
------ --- ----- -------- -- -------- ---------------
ORC031 -60 60 18 22 4 0.87
------ --- ----- -------- -- -------- ---------------
28 42 14 1.26
------ --- ----- -------- -- -------- ---------------
ORC032 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC033 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC034 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC035 -60 60 56 60 4 1.80
------ --- ----- -------- -- -------- ---------------
ORC036 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC037 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC038 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC039 -60 60 26 30 4 0.77
------ --- ----- -------- -- -------- ---------------
34 42 8 1.03
------ --- ----- -------- -- -------- ---------------
ORC040 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC041 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC042 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC043 -60 60 no significant intercept
------ --- ----- -------- -- ------------------------
ORC044 -60 60 6 36 30 1.04
------ --- ----- -------- -- -------- ---------------
ORC045 -60 60 56 58 2 0.56
------ --- ----- -------- -- -------- ---------------


Table 3 -- Significant intercepts Oere (cont'd)
------ ------ ----------------------------
Hole_id UTM_ UTM_ UTM_
North East RL Azimuth
-----------------------------------------
ORC046 356242 782799 844 270
------ ------ ------ --- ----------------
ORC047 356321 782526 851 270
------ ------ ------ --- ----------------
ORC048 356321 782559 842 270
------ ------ ------ --- ----------------
ORC049 356320 782595 844 270
------ ------ ------ --- ----------------
ORC050 356323 782637 849 270
------ ------ ------ --- ----------------
ORC051 356321 782677 847 270
------ ------ ------ --- ----------------
ORC052 356320 782758 846 270
------ ------ ------ --- ----------------
ORC053 356397 782637 858 270
------ ------ ------ --- ----------------
ORC054 356399 782679 855 270
------ ------ ------ --- ----------------
ORC055 356400 782717 848 270
------ ------ ------ --- ----------------

------ ------ ------ --- ----------------
ORC056 356399 782758 845 270
------ ------ ------ --- ----------------
ORC057 356400 782817 842 270
------ ------ ------ --- ----------------
ORC058 356479 782649 852 270
------ ------ ------ --- ----------------
ORC059 356477 782678 853 270
------ ------ ------ --- ----------------
ORC060 356479 782717 849 270
------ ------ ------ --- ----------------

------ ------ ------ --- ----------------
ORC061 356478 782756 844 270
------ ------ ------ --- ----------------

------ ------ ------ --- ----------------

------ ------ ------ --- ----------------
ORC062 356478 782865 834 270
------ ------ ------ --- ----------------
ORC063 356479 782859 835 270
------ ------ ------ --- ----------------
ORC064 356602 782718 854 270
------ ------ ------ --- ----------------
ORC065 356604 782746 852 270
------ ------ ------ --- ----------------
ORC066 356599 782835 836 270
------ ------ ------ --- ----------------
ORC067 356600 782840 835 270
------ ------ ------ --- ----------------


------ ---------------------- -- -------- ---------------
Hole_
id Dip Depth From To Interval Au g/t
---------- ----- ------------ -- -------- ---------------
ORC046 -60 60 no significant intercept
------ --- ----- ------------ -- ------------------------
ORC047 -60 60 no significant intercept
------ --- ----- ------------ -- ------------------------
ORC048 -60 60 no significant intercept
------ --- ----- ------------ -- ------------------------
ORC049 -60 60 no significant intercept
------ --- ----- ------------ -- ------------------------
ORC050 -60 60 no significant intercept
------ --- ----- ------------ -- ------------------------
ORC051 -60 60 18 28 10 2.33
------ --- ----- ------------ -- -------- ---------------
ORC052 -60 60 no significant intercept
------ --- ----- ------------ -- ------------------------
ORC053 -60 60 no significant intercept
------ --- ----- ------------ -- ------------------------
ORC054 -60 60 0 4 4 1.94
------ --- ----- ------------ -- -------- ---------------
ORC055 -60 60 30 32 2 2.07
------ --- ----- ------------ -- -------- ---------------
44 46 2 1.66
------ --- ----- ------------ -- -------- ---------------
ORC056 -60 60 no significant intercept
------ --- ----- ------------ -- ------------------------
ORC057 -60 60 no significant intercept
------ --- ----- ------------ -- ------------------------
ORC058 -60 60 no significant intercept
------ --- ----- ------------ -- ------------------------
ORC059 -60 60 no significant intercept
------ --- ----- ------------ -- ------------------------
ORC060 -60 60 0 4 4 0.80
------ --- ----- ------------ -- -------- ---------------
20 22 2 1.10
------ --- ----- ------------ -- -------- ---------------
ORC061 -60 60 16 22 6 0.66
------ --- ----- ------------ -- -------- ---------------
34 42 8 2.33
------ --- ----- ------------ -- -------- ---------------
58 60 2 1.08
------ --- ----- ------------ -- -------- ---------------
ORC062 -60 60 no significant intercept
------ --- ----- ------------ -- ------------------------
ORC063 -60 60 no significant intercept
------ --- ----- ------------ -- ------------------------
ORC064 -60 60 no significant intercept
------ --- ----- ------------ -- ------------------------
ORC065 -60 60 no significant intercept
------ --- ----- ------------ -- ------------------------
ORC066 -60 60 24 32 8 1.00
------ --- ----- ------------ -- -------- ---------------
ORC067 -60 60 54 60 6 1.57
------ --- ----- ------------ -- -------- ---------------


Table 4 -- Significant intercepts Kalimva North
------- ------ ---------------------------
Hole_id UTM_ UTM_ UTM_
North East RL Azimuth
-----------------------------------------
KVRC096 360000 784920 845 0
------- ------ ------ --- ---------------
KVRC097 360000 784960 845 0
------- ------ ------ --- ---------------
KVRC098 360000 785000 845 0
------- ------ ------ --- ---------------
KVRC099 360000 785040 845 0
------- ------ ------ --- ---------------
KVRC100 360000 785080 845 0
------- ------ ------ --- ---------------
KVRC101 360000 785120 845 0
------- ------ ------ --- ---------------
KVRC102 360000 785200 845 0
------- ------ ------ --- ---------------
KVRC103 360000 785280 845 0
------- ------ ------ --- ---------------

------- ------ ------ --- ---------------
KVRC104 360000 785320 845 0
------- ------ ------ --- ---------------
KVRC105 360000 785360 845 0
------- ------ ------ --- ---------------

------- ------ ------ --- ---------------
KVRC106 360000 785400 845 0
------- ------ ------ --- ---------------
KVRC107 360000 785480 845 0
------- ------ ------ --- ---------------

------- ------ ------ --- ---------------
KVRC108 360200 784570 845 0
------- ------ ------ --- ---------------
KVRC109 360200 784600 845 0
------- ------ ------ --- ---------------
KVRC110 360200 784640 845 0
------- ------ ------ --- ---------------
KVRC111 360200 784680 845 0
------- ------ ------ --- ---------------
KVRC112 360200 784720 845
------- ------ ------ --- ---------------
KVRC113 360200 784760 845 0
------- ------ ------ --- ---------------
KVRC114 360200 784800 845 0
------- ------ ------ --- ---------------
KVRC115 360200 784840 845 0
------- ------ ------ --- ---------------
KVRC116 360200 784880 845 0
------- ------ ------ --- ---------------
KVRC117 360200 784920 845 0
------- ------ ------ --- ---------------
KVRC118 360200 784960 845 0
------- ------ ------ --- ---------------
KVRC119 360200 785040 845 0
------- ------ ------ --- ---------------
KVRC120 360200 785120 845 0
------- ------ ------ --- ---------------
KVRC121 360200 785200 845 0
------- ------ ------ --- ---------------
KVRC122 360200 785280 845 0
------- ------ ------ --- ---------------
KVRC125 360400 784600 845 0
------- ------ ------ --- ---------------
KVRC126 360397 784640 845 0
------- ------ ------ --- ---------------

------- ------ ------ --- ---------------
KVRC127 360400 784680 845 0
------- ------ ------ --- ---------------

------- ------ ------ --- ---------------
KVRC128 360400 784720 845 0
------- ------ ------ --- ---------------
KVRC129 360400 784760 845 0
------- ------ ------ --- ---------------
KVRC130 360400 784840 845 0
------- ------ ------ --- ---------------
KVRC131 360400 784920 845 0
------- ------ ------ --- ---------------
KVRC132 360400 785000 845 0
------- ------ ------ --- ---------------
KVRC133 360400 785080 845 0
------- ------ ------ --- ---------------
KVRC134 360400 785120 845 0
------- ------ ------ --- ---------------
KVRC135 360400 785200 845 0
------- ------ ------ --- ---------------
KVRC136 360400 785280 845 0
------- ------ ------ --- ---------------
KVRC137 360410 785360 845 0
------- ------ ------ --- ---------------
KVRC138 360600 784520 845 0
------- ------ ------ --- ---------------
KVRC139 360600 784600 845 0
------- ------ ------ --- ---------------
KVRC140 360600 784640 845 0
------- ------ ------ --- ---------------
KVRC141 360600 784720 845 0
------- ------ ------ --- ---------------
KVRC142 360600 784800 845 0
------- ------ ------ --- ---------------
KVRC143 360600 784880 845 0
------- ------ ------ --- ---------------
KVRC144 360600 785960 845 0
------- ------ ------ --- ---------------


------- -------------------- -- -------- ---------------
Hole_id Dip Depth From To Interval Au g/t
----------- ----- ---------- -- -------- ---------------
KVRC096 -90 37 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC097 -90 40 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC098 -90 51 4 6 2 2.8
------- --- ----- ---------- -- -------- ---------------
KVRC099 -90 40 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC100 -90 58 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC101 -90 52 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC102 -90 48 32 34 2 2.19
------- --- ----- ---------- -- -------- ---------------
KVRC103 -90 51 6 8 2 0.81
------- --- ----- ---------- -- -------- ---------------
10 12 2 0.64
------- --- ----- ---------- -- -------- ---------------
KVRC104 -90 46 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC105 -90 60 20 22 2 4.42
------- --- ----- ---------- -- -------- ---------------
30 32 2 0.57
------- --- ----- ---------- -- -------- ---------------
KVRC106 -90 36 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC107 -90 54 0 2 2 0.84
------- --- ----- ---------- -- -------- ---------------
24 26 2 1.32
------- --- ----- ---------- -- -------- ---------------
KVRC108 -90 31 6 8 2 1.51
------- --- ----- ---------- -- -------- ---------------
KVRC109 -90 31 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC110 -90 35 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC111 -90 37 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC112 41 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC113 -90 60 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC114 -90 49 6 8 2 0.78
------- --- ----- ---------- -- -------- ---------------
KVRC115 -90 51 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC116 -90 28 2 4 2 4.1
------- --- ----- ---------- -- -------- ---------------
KVRC117 -90 28 16 18 2 1.2
------- --- ----- ---------- -- -------- ---------------
KVRC118 -90 34 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC119 -90 48 42 44 4 1
------- --- ----- ---------- -- -------- ---------------
KVRC120 -90 49 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC121 -90 51 38 40 2 1.79
------- --- ----- ---------- -- -------- ---------------
KVRC122 -90 28 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC125 -90 47 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC126 -90 60 48 50 2 2.55
------- --- ----- ---------- -- -------- ---------------
56 58 2 0.55
------- --- ----- ---------- -- -------- ---------------
KVRC127 -90 60 0 8 8 0.97
------- --- ----- ---------- -- -------- ---------------
44 46 2 0.54
------- --- ----- ---------- -- -------- ---------------
KVRC128 -90 35 4 6 2 1.78
------- --- ----- ---------- -- -------- ---------------
KVRC129 -90 48 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC130 -90 27 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC131 -90 29 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC132 -90 35 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC133 -90 36 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC134 -90 43 18 20 2 0.95
------- --- ----- ---------- -- -------- ---------------
KVRC135 -90 50 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC136 -90 28 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC137 -90 37 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC138 -90 37 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC139 -90 43 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC140 -90 60 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC141 -90 54 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC142 -90 60 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC143 -90 43 no significant intercept
------- --- ----- ---------- -- ------------------------
KVRC144 -90 49 no significant intercept
------- --- ----- ---------- -- ------------------------


Table 4 -- Significant intercepts Kalimva North (continued)
--------------------------------------------------------------------
Hole_id UTM_ UTM_ UTM_
North East RL Azimuth Dip Depth From To
--------------------------------------------------------------------
KVRC145 360600 785040 845 0 -90 43 2 6
--------------------------------------------------------------------
12 16
--------------------------------------------------------------------
KVRC146 360600 785080 845 0 -90 28 0 2
--------------------------------------------------------------------
KVRC147 360600 785120 845 0 -90 47 4 6
--------------------------------------------------------------------
18 20
--------------------------------------------------------------------
KVRC148 360585 785160 845 0 -90 44 18 20
--------------------------------------------------------------------
KVRC149 360600 785200 845 0 -90 36
--------------------------------------------------------------------
KVRC150 360600 785280 845 0 -90 28
--------------------------------------------------------------------
KVRC151 360600 785360 845 0 -90 34
--------------------------------------------------------------------
KVRC152 360600 785430 845 0 -90 34
--------------------------------------------------------------------
KVRC156 360800 784650 845 0 -90 60
--------------------------------------------------------------------
KVRC157 360800 784720 845 0 -90 27
--------------------------------------------------------------------
KVRC158 360800 784800 845 0 -90 37
--------------------------------------------------------------------
KVRC159 360800 784880 845 0 -90 52
--------------------------------------------------------------------
KVRC160 360800 784920 845 0 -90 60
--------------------------------------------------------------------
KVRC161 360800 785080 845 0 -90 33
--------------------------------------------------------------------
KVRC162 360800 785120 845 0 -90 31
--------------------------------------------------------------------
KVRC163 360800 785160 845 0 -90 36
--------------------------------------------------------------------
KVRC164 360800 785240 845 0 -90 25
--------------------------------------------------------------------
KVRC165 360800 785320 845 0 -90 25
--------------------------------------------------------------------


---------------------------------
Hole_id Interval Au g/t
---------------------------------
KVRC145 4 1.46
---------------------------------
4 1.7
---------------------------------
KVRC146 2 1.68
---------------------------------
KVRC147 2 0.75
---------------------------------
2 5.84
---------------------------------
KVRC148 2 1.01
---------------------------------
KVRC149 no significant intercept
---------------------------------
KVRC150 no significant intercept
---------------------------------
KVRC151 no significant intercept
---------------------------------
KVRC152 no significant intercept
---------------------------------
KVRC156 no significant intercept
---------------------------------
KVRC157 no significant intercept
---------------------------------
KVRC158 no significant intercept
---------------------------------
KVRC159 no significant intercept
---------------------------------
KVRC160 no significant intercept
---------------------------------
KVRC161 no significant intercept
---------------------------------
KVRC162 no significant intercept
---------------------------------
KVRC163 no significant intercept
---------------------------------
KVRC164 no significant intercept
---------------------------------
KVRC165 no significant intercept
---------------------------------


Note: The intersected true width ranges from 75% to 100% of the intercept.

SGS Laboratories located in Mwanza, Tanzania completed all assays on drill core from Mofu, Oere and Kalimva North Prospects. Fire assay using a 50gm charge was used for all assays.

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