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

Moto Goldmines Limited

July 28, 2006 12:01 ET

Moto Goldmines Limited: Further Significant Results From Ongoing Extension and Infill Diamond Drill Programme

PERTH, WESTERN AUSTRALIA--(CCNMatthews - July 28, 2006) - Moto Goldmines Limited (TSX:MGL)(ASX:MOE)(AIM:MOE) -

Durba / Chauffeur / Karagba and Sessenge deposits again demonstrate their outstanding potential and the world class status of the Moto Gold Project with further significant results from the ongoing extension and infill diamond drill programme.



Results at Durba / Chauffeur / Karagba include:

- 182m at 5.93 g/t Au from 80m to 262m,
- 78m at 4.79 g/t Au from 202m to 280m,
- 58m at 14.91 g/t Au from 30m to 88m,
- 44.35m at 4.85 g/t Au from 19.65m to 64m,
- 42m at 5.65 g/t Au from 224m to 266m,
- 40m at 8.71 g/t Au from 98m to 138m,
- 40m at 5.57 g/t Au from 157m to 197m,
- 38m at 4.70 g/t Au from 280m to 318m,
- 30m at 9.50 g/t Au from 206m to 236m,
- 24m at 10.97 g/t Au from 270m to 294m,
- 18m at 10.45 g/t Au from 38m to 56m,
- 18m at 6.62 g/t Au from 76m to 94m,
- 14m at 9.07 g/t Au from 230m to 244m, and
- 12m at 11.07 g/t Au from 0m to 12m.


Results at Sessenge include:

- 60m at 14.71 g/t Au from 482m to 542m.

Revised independent resource estimate planned for Q3, 2006.

Prefeasibility is scheduled for completion in August 2006.

In 2005 the Company commenced work to assess the potential for a mining operation based on a number of ore bodies at the Moto Gold project in the north east of the Democratic Republic of Congo.

In April 2006 independent 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 drilling at Durba / Chauffeur / Karagba designed to both infill and increase the resources for the purposes of feasibility work, has generated further significant results.

Feasibility work has continued during the year, and the prefeasibility is scheduled for completion in August 2006.

DURBA / CHAUFFEUR / KARAGBA

This set of stacked deposits continue to demonstrate the world class potential of the Moto Gold Project. Recent infill drilling results confirm and in many cases exceed the previous results. It is anticipated the ongoing extension and infill drill programme will result in the conversion of resources from inferred to indicated and an increase of the total resource base.

Significant intercepts from recent infill drilling include: 38m at 4.70 g/t Au from 280m to 318m in DDD127, 40m at 5.57 g/t Au from 157m to 197m in DDD128, 40m at 8.71 g/t Au from 98m to 138m in DDD155, 30m at 9.50 g/t Au from 206m to 236m in DDD156, 44.35m at 4.85 g/t Au from 19.65m to 64m in DDD157, 22.65m at 6.76 g/t Au in DDD158, 58m at 14.91 g/t Au from 30m to 88m in DDD159, 18m at 10.45 g/t Au from 38m to 56m in DDD162, 42m at 5.65 g/t Au from 224m to 266m in DDD163, 78m at 4.79 g/t Au from 202m to 280m in DDD164, 182m at 5.93 g/t Au from 80m to 262m in DDD165 and 14m at 9.07 g/t Au from 230m to 244m and 24m at 10.97 g/t Au from 270m to 294m in DDD173. These holes have demonstrated the excellent continuity of the gold mineralization within the Chauffeur and underlying Durba mineralized zones.

Intercepts from 3 holes in the programme, completed on the Chauffeur mineralized zone 120m down plunge from the limit of an optimal pit shell have returned significant intercepts including: 38m at 4.70 g/t Au from 280m to 318m in DDD127, 40m at 5.57 g/t Au from 157m to 197m in DDD128 and 14m at 9.07 g/t Au from 230m to 244m and 24m at 10.7 g/t Au from 270m to 294m in DDD173. Holes DDD128 and DDD127 were collared 40m and 80m southeast respectively of DDD078 which previously returned numerous significant intercepts the best being 34m at 5.30 g/t Au from 192m to 226m. DDD173 was collared 40m to the northwest of DDD078 on the same section line. Infill drilling is underway to enable inclusion of this mineralization in the indicated category.

Drilling 275m to the northwest of the main Chauffeur mineralization has returned significant intercepts including: 12m at 11.07 g/t Au from 0m to 12m in DDD134 and 18m at 6.62 g/t Au from 76m to 94m in DDD137. Previously reported intercepts from this mineralised zone included 48m at 2.73 g/t Au from surface to 48m in DDD131, 26m at 1.93 g/t Au from surface to 26m in DDD132 and 66m at 5.05 g/t Au from 12m to 78m in DDD133. Further drilling is planned to convert these mineralized intercepts to resources which lie on the northwestern side of the optimized Chauffeur pit.

The April 2006 resource modelling by Cube Consulting included estimations on these mineralised zones as follows. At Karagba estimated 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 Durba-Chauffeur-Karagba are summarised in Table 1.

A resource update is planned for August 2006. Further infill and extension diamond drilling, 69 diamond drill holes totaling 28,000m, have been planned for the Durba-Chauffeur-Karagba mineralization. Another diamond drill rig with a depth capacity of 1,000m is being mobilized to site.

SESSENGE

Results have been received for the first 3 holes in a 15 hole, 2870m shallow extension drill programme at Sessenge. SDD017A located on the northwestern side of the mineralization returned significant results including 22m at 2.92 g/t Au from 138m to 160m.

Diamond drill holes DDD163 and DDD173 at Chauffeur intersected mineralsation in the down plunge stratigraphic position of the Sessenge orebody. DDD163 returned 22m at 2.69 g/t Au from 468m to 490m and 4m at 5.03 g/t Au from 494m to 498m and DDD173 intersected 60m @ 14.71 g/t Au from 482m to 542m. This intercept demonstrates the predictable stacked nature of these mineralised zones and their down plunge continuity. The Sessenge mineralization now has a potential down plunge length of 1500m.

Significant results received from shallower drilling at Sessenge are summarised in Table 2 (results from DDD163 and DDD173 are included in Table 1, Durba, Karagba, Chauffeur).

PAKAKA

Significant results from an infill diamond drill programme as designed by Cube Consulting include: 20m at 3.01 g/t Au from 76m to 96m in PDD102 and 40m at 2.78 g/t Au from 65m to 105m in PDD123.

A diamond drill programme to twin previous RC holes is presently underway.

Significant results received for Pakaka are summarised in Table 3.

KOMBOKOLO

2 holes were completed as recommended by Cube Consulting. These holes were drilled to demonstrate the validity of the previous RC drill results. KKRC010 contained 10m at 6.19 g/t Au from 26m to 36m and its twin KKDD001, returned 8m at 11.01 g/t Au from 26m to 34m. KKRC025 intercepted 60m at 5.20 g/t Au from 48m to 108m and its twin KKDD002, 58m at 4.40 g/t Au from 48m to 106m.

The diamond drilling also provides core for metallurgical testwork and bulk density determinations.

Significant results received for Kombokolo are summarised in Table 4.

GORUMBWA

A RC drill programme, recommended by Cube Consulting was completed on the shallow southwestern side of the Gorumbwa deposit. This programme was to define the limit of the mineralisation. Significant results included: 28m at 3.64 g/t Au from 112m to 140m in GRC086 and 36m at 2.17 g/t Au from 114m to 150m in GRC087.

Significant results received for Gorumbwa are summarised in Table 5.

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 Durba/ Chauffeur / Karagba

Hole_id UTM_North UTM_East UTM_RL Azimuth Dip Depth From To
------------------------------------------------------------------
DDD108 343961 786395 895 0 -90 152 22.00 26.00
------------------------------------------------------------------
30.00 48.00
------------------------------------------------------------------
134.00 136.00
------------------------------------------------------------------
DDD109 343976 786477 896 0 -90 401 272.00 274.00
------------------------------------------------------------------
398.00 401.00
------------------------------------------------------------------
DDD127 344440 787098 852 0 -90 493.4 150.00 158.00
------------------------------------------------------------------
252.00 262.00
------------------------------------------------------------------
280.00 318.00
------------------------------------------------------------------
376.00 382.00
------------------------------------------------------------------
DDD128 344468 787063 846 0 -90 524.6 157.00 197.00
------------------------------------------------------------------
247.00 275.00
------------------------------------------------------------------
329.00 333.00
------------------------------------------------------------------
359.00 399.00
------------------------------------------------------------------
435.00 443.00
------------------------------------------------------------------
485.00 499.00
------------------------------------------------------------------
515.00 521.00
------------------------------------------------------------------
DDD133 344530 786766 875 315 -60 199.85 177.00 179.00
------------------------------------------------------------------
DDD134 344563 786845 875 315 -60 140 0.00 12.00
------------------------------------------------------------------
24.00 31.50
------------------------------------------------------------------
42.00 60.00
------------------------------------------------------------------
69.50 78.00
------------------------------------------------------------------
DDD135 344534 786874 875 315 -60 200 0.00 3.00
------------------------------------------------------------------
74.00 77.80
------------------------------------------------------------------
98.00 108.00
------------------------------------------------------------------
114.00 140.00
------------------------------------------------------------------
232.00 248.00
------------------------------------------------------------------
262.00 268.00
------------------------------------------------------------------
302.00 314.00
------------------------------------------------------------------
DDD136 344562 786903 875 315 -60 200 50.00 64.60
------------------------------------------------------------------
DDD137 344590 786931 875 315 -60 200 76.00 94.00
------------------------------------------------------------------
274.00 278.00
------------------------------------------------------------------
DDD144 344535 786500 920 315 -60 200 138.00 140.00
------------------------------------------------------------------
DDD145 344535 786500 920 0 -90 200 146.00 154.00
------------------------------------------------------------------
DDD146 344555 786575 920 315 -60 260 219.00 227.00
------------------------------------------------------------------
DDD147 344555 786575 920 0 -90 260 109.00 111.00
------------------------------------------------------------------
145.00 147.00
------------------------------------------------------------------
205.00 211.00
------------------------------------------------------------------
DDD148 344600 786654 920 315 -60 300 112.00 114.00
------------------------------------------------------------------
196.00 200.00
------------------------------------------------------------------
226.00 228.00
------------------------------------------------------------------
DDD149 344600 786654 920 315 -90 301.9 232.00 234.00
------------------------------------------------------------------
248.00 250.00
------------------------------------------------------------------
DDD155 344367 786945 858 0 -90 368.8 80.00 86.00
------------------------------------------------------------------
98.00 138.00
------------------------------------------------------------------
142.00 166.00
------------------------------------------------------------------
190.00 222.00
------------------------------------------------------------------
228.00 236.00
------------------------------------------------------------------
244.00 246.00
------------------------------------------------------------------
250.00 254.00
------------------------------------------------------------------
296.00 306.00
------------------------------------------------------------------
326.00 344.00
------------------------------------------------------------------
354.00 358.00
------------------------------------------------------------------
364.00 366.00
------------------------------------------------------------------


Hole_id Interval Au g/t
---------------------------------------
DDD108 4.00 1.16
---------------------------------------
18.00 0.89
---------------------------------------
2.00 1.64
---------------------------------------
DDD109 2.00 3.87
---------------------------------------
3.00 1.28
---------------------------------------
DDD127 8.00 2.40
---------------------------------------
10.00 2.26
---------------------------------------
38.00 4.70
---------------------------------------
6.00 4.63
---------------------------------------
DDD128 40.00 5.57
---------------------------------------
28.00 3.28
---------------------------------------
4.00 0.93
---------------------------------------
40.00 1.88
---------------------------------------
8.00 2.85
---------------------------------------
14.00 1.83
---------------------------------------
6.00 5.17
---------------------------------------
DDD133 2.00 2.13
---------------------------------------
DDD134 12.00 11.07
---------------------------------------
7.50 2.47
---------------------------------------
18.00 2.62
---------------------------------------
8.50 1.21
---------------------------------------
DDD135 3.00 4.60
---------------------------------------
3.80 1.79
---------------------------------------
10.00 1.81
---------------------------------------
26.00 2.39
---------------------------------------
16.00 1.13
---------------------------------------
6.00 2.09
---------------------------------------
12.00 2.03
---------------------------------------
DDD136 14.60 2.80
---------------------------------------
DDD137 18.00 6.62
---------------------------------------
4.00 1.30
---------------------------------------
DDD144 2.00 2.36
---------------------------------------
DDD145 8.00 1.23
---------------------------------------
DDD146 8.00 1.36
---------------------------------------
DDD147 2.00 1.86
---------------------------------------
2.00 1.30
---------------------------------------
6.00 8.02
---------------------------------------
DDD148 2.00 1.26
---------------------------------------
4.00 1.86
---------------------------------------
2.00 1.84
---------------------------------------
DDD149 2.00 5.77
---------------------------------------
2.00 1.15
---------------------------------------
DDD155 6.00 2.08
---------------------------------------
40.00 8.71
---------------------------------------
24.00 1.61
---------------------------------------
32.00 1.25
---------------------------------------
8.00 1.09
---------------------------------------
2.00 1.57
---------------------------------------
4.00 1.19
---------------------------------------
10.00 1.30
---------------------------------------
18.00 2.91
---------------------------------------
4.00 1.13
---------------------------------------
2.00 2.29
---------------------------------------



Hole_id UTM_North UTM_East UTM_RL Azimuth Dip Depth From To
------------------------------------------------------------------
DDD156 344306 786745 868 0 -90 239 0.00 4.65
------------------------------------------------------------------
13.65 18.00
------------------------------------------------------------------
28.00 30.00
------------------------------------------------------------------
72.00 74.00
------------------------------------------------------------------
134.00 138.00
------------------------------------------------------------------
142.00 144.00
------------------------------------------------------------------
162.00 164.00
------------------------------------------------------------------
206.00 236.00
------------------------------------------------------------------
DDD157 344243 786661 867 0 -90 227 19.65 64.00
------------------------------------------------------------------
70.00 76.00
------------------------------------------------------------------
104.00 112.00
------------------------------------------------------------------
118.00 120.00
------------------------------------------------------------------
DDD158 344263 786799 867 0 -90 104 24.00 46.65
------------------------------------------------------------------
62.00 74.00
------------------------------------------------------------------
DDD159 344206 786820 889 0 -90 101.85 7.65 18.15
------------------------------------------------------------------
30.00 88.00
------------------------------------------------------------------
100.00 101.85
------------------------------------------------------------------
DDD162 344175 786848 858 0 -90 110.95 38.00 56.00
------------------------------------------------------------------
60.00 62.00
------------------------------------------------------------------
68.00 76.00
------------------------------------------------------------------
DDD163 344378 786880 866 225 -75 642 72.00 76.00
------------------------------------------------------------------
90.00 92.00
------------------------------------------------------------------
102.00 114.00
------------------------------------------------------------------
144.00 160.00
------------------------------------------------------------------
176.00 186.00
------------------------------------------------------------------
212.00 218.00
------------------------------------------------------------------
224.00 266.00
------------------------------------------------------------------
272.00 274.00
------------------------------------------------------------------
348.00 372.00
------------------------------------------------------------------
384.00 388.00
------------------------------------------------------------------
432.00 436.00
------------------------------------------------------------------
468.00 490.00
------------------------------------------------------------------
494.00 498.00
------------------------------------------------------------------
512.00 518.00
------------------------------------------------------------------
572.00 574.00
------------------------------------------------------------------
DDD164 344363 786899 863 225 -75 393.95 92.00 110.00
------------------------------------------------------------------
162.00 184.00
------------------------------------------------------------------
202.00 280.00
------------------------------------------------------------------
DDD165 344346 786910 863 225 -70 404 57.15 58.65
------------------------------------------------------------------
80.00 262.00
------------------------------------------------------------------
270.00 274.00
------------------------------------------------------------------
280.00 288.00
------------------------------------------------------------------
304.00 308.00
------------------------------------------------------------------
324.00 326.00
------------------------------------------------------------------
338.00 342.00
------------------------------------------------------------------
350.00 352.00
------------------------------------------------------------------


Hole_id Interval Au g/t
---------------------------------------
DDD156 4.65 2.14
---------------------------------------
4.35 1.61
---------------------------------------
2.00 1.77
---------------------------------------
2.00 2.52
---------------------------------------
4.00 1.75
---------------------------------------
2.00 1.09
---------------------------------------
2.00 1.02
---------------------------------------
30.00 9.50
---------------------------------------
DDD157 44.35 4.85
---------------------------------------
6.00 3.23
---------------------------------------
8.00 1.00
---------------------------------------
2.00 1.35
---------------------------------------
DDD158 22.65 6.76
---------------------------------------
12.00 4.40
---------------------------------------
DDD159 10.50 5.42
---------------------------------------
58.00 14.91
---------------------------------------
1.85 1.74
---------------------------------------
DDD162 18.00 10.45
---------------------------------------
2.00 4.63
---------------------------------------
8.00 1.08
---------------------------------------
DDD163 4.00 1.02
---------------------------------------
2.00 1.02
---------------------------------------
12.00 1.75
---------------------------------------
16.00 2.04
---------------------------------------
10.00 1.49
---------------------------------------
6.00 1.09
---------------------------------------
42.00 5.65
---------------------------------------
2.00 1.64
---------------------------------------
24.00 2.14
---------------------------------------
4.00 3.60
---------------------------------------
4.00 2.00
---------------------------------------
22.00 2.69
---------------------------------------
4.00 5.03
---------------------------------------
6.00 1.40
---------------------------------------
2.00 1.29
---------------------------------------
DDD164 18.00 3.83
---------------------------------------
22.00 2.85
---------------------------------------
78.00 4.79
---------------------------------------
DDD165 1.50 2.80
---------------------------------------
182.00 5.93
---------------------------------------
4.00 1.20
---------------------------------------
8.00 6.21
---------------------------------------
4.00 1.99
---------------------------------------
2.00 3.06
---------------------------------------
4.00 0.86
---------------------------------------
2.00 1.02
---------------------------------------



Hole_id UTM_North UTM_East UTM_RL Azimuth Dip Depth From To
-----------------------------------------------------------------
DDD166 344332 786925 864 225 -75 400 70.00 120.00
-----------------------------------------------------------------
126.00 128.00
-----------------------------------------------------------------
134.00 138.00
-----------------------------------------------------------------
148.00 154.00
-----------------------------------------------------------------
158.00 170.00
-----------------------------------------------------------------
176.00 178.00
-----------------------------------------------------------------
208.00 224.00
-----------------------------------------------------------------
230.00 238.00
-----------------------------------------------------------------
250.00 254.00
-----------------------------------------------------------------
272.00 292.00
-----------------------------------------------------------------
326.00 328.00
-----------------------------------------------------------------
338.00 348.00
-----------------------------------------------------------------
386.00 392.00
-----------------------------------------------------------------
404.00 412.00
-----------------------------------------------------------------
DDD167 344318 786943 865 225 -75 398 78.00 110.00
-----------------------------------------------------------------
118.00 132.00
-----------------------------------------------------------------
174.00 176.00
-----------------------------------------------------------------
206.00 214.00
-----------------------------------------------------------------
220.00 222.00
-----------------------------------------------------------------
274.00 300.00
-----------------------------------------------------------------
314.00 316.00
-----------------------------------------------------------------
340.00 342.00
-----------------------------------------------------------------
366.00 378.00
-----------------------------------------------------------------
DDD168 344414 786890 862 0 -90 401.1 28.00 34.00
-----------------------------------------------------------------
128.00 134.00
-----------------------------------------------------------------
178.00 180.00
-----------------------------------------------------------------
184.00 186.00
-----------------------------------------------------------------
198.00 210.00
-----------------------------------------------------------------
222.00 224.00
-----------------------------------------------------------------
240.00 246.00
-----------------------------------------------------------------
256.00 264.00
-----------------------------------------------------------------
270.00 288.00
-----------------------------------------------------------------
358.00 362.00
-----------------------------------------------------------------
368.00 370.00
-----------------------------------------------------------------
376.00 378.00
-----------------------------------------------------------------
386.00 390.00
-----------------------------------------------------------------
DDD173 344525 787012 851 225 -75 578.7 52 68
-----------------------------------------------------------------
92 104
-----------------------------------------------------------------
212 218
-----------------------------------------------------------------
230 244
-----------------------------------------------------------------
258 260
-----------------------------------------------------------------
270 294
-----------------------------------------------------------------
300 318
-----------------------------------------------------------------
328 332
-----------------------------------------------------------------
386 396
-----------------------------------------------------------------
482 542
-----------------------------------------------------------------
564 568
-----------------------------------------------------------------
576 578
-----------------------------------------------------------------


Hole_id Interval Au g/t
---------------------------------------
DDD166 50.00 1.93
---------------------------------------
2.00 2.79
---------------------------------------
4.00 2.86
---------------------------------------
6.00 1.25
---------------------------------------
12.00 2.52
---------------------------------------
2.00 5.06
---------------------------------------
16.00 3.39
---------------------------------------
8.00 1.88
---------------------------------------
4.00 1.03
---------------------------------------
20.00 3.37
---------------------------------------
2.00 3.21
---------------------------------------
10.00 1.22
---------------------------------------
6.00 1.51
---------------------------------------
8.00 3.31
---------------------------------------
DDD167 32.00 1.28
---------------------------------------
14.00 1.65
---------------------------------------
2.00 1.60
---------------------------------------
8.00 1.19
---------------------------------------
4.00 1.11
---------------------------------------
26.00 1.96
---------------------------------------
2.00 1.92
---------------------------------------
2.00 2.02
---------------------------------------
12.00 6.35
---------------------------------------
DDD168 6.00 7.61
---------------------------------------
6.00 2.65
---------------------------------------
2.00 1.87
---------------------------------------
2.00 2.13
---------------------------------------
12.00 2.66
---------------------------------------
2.00 1.13
---------------------------------------
6.00 2.34
---------------------------------------
8.00 1.87
---------------------------------------
18.00 4.22
---------------------------------------
4.00 1.28
---------------------------------------
2.00 1.79
---------------------------------------
2.00 1.26
---------------------------------------
4.00 2.00
---------------------------------------
DDD173 16 2.37
---------------------------------------
12 1.19
---------------------------------------
6 2.68
---------------------------------------
14 9.07
---------------------------------------
2 11.9
---------------------------------------
24 10.97
---------------------------------------
18 3.49
---------------------------------------
4 1.19
---------------------------------------
10 7.63
---------------------------------------
60 14.71
---------------------------------------
4 1.46
---------------------------------------
2 2.04
---------------------------------------



Hole_id UTM_North UTM_East UTM_RL Azimuth Dip Depth From To
-----------------------------------------------------------------
DDD176 344460 786818 860 315 -60 150 100.00 106.00
-----------------------------------------------------------------
138.00 154.00
-----------------------------------------------------------------
220.00 224.00
-----------------------------------------------------------------
228.00 230.00
-----------------------------------------------------------------
DDD177 344450 786744 877 315 -60 250 110.00 122.00
-----------------------------------------------------------------
DDD178 344082 786824 860 0 -90 200 80.00 86.00
-----------------------------------------------------------------
DDD179 344054 786850 860 0 -90 400
-----------------------------------------------------------------
DDD180 344500 786535 900 0 -90 200 0.00 4.00
-----------------------------------------------------------------
33.00 36.00
-----------------------------------------------------------------
DDD181 344500 786529 890 0 -90 200 63.80 66.00
-----------------------------------------------------------------


Hole_id Interval Au g/t
---------------------------------------
DDD176 6.00 2.12
---------------------------------------
16.00 2.97
---------------------------------------
4.00 5.82
---------------------------------------
2.00 1.05
---------------------------------------
DDD177 12.00 2.04
---------------------------------------
DDD178 6.00 11.07
---------------------------------------
DDD179 no significant intercept
---------------------------------------
DDD180 4.00 4.68
---------------------------------------
2.00 1.54
---------------------------------------
DDD181 2.20 1.65
---------------------------------------



Table 2 -- Significant intercepts Sessenge
---------------------------------------------------------------------
Hole_id UTM_North UTM_East UTM_RL Azimuth Dip Depth From To
---------------------------------------------------------------------
SDD015 344164 786012 887 0 -90 251 151 157
---------------------------------------------------------------------
215 217
---------------------------------------------------------------------
225 229
---------------------------------------------------------------------
SDD016 344138 786042 889 0 -90 229.95 140 142
---------------------------------------------------------------------
146 150
---------------------------------------------------------------------
210 214
---------------------------------------------------------------------
SDD017A 344109 786070 891 0 -90 244.95 138 160
---------------------------------------------------------------------
164 168
---------------------------------------------------------------------


-----------------------------------------
Hole_id Interval Au g/t
-----------------------------------------
SDD015 6 0.98
-----------------------------------------
2 2.38
-----------------------------------------
4 2.19
-----------------------------------------
SDD016 2 2.51
-----------------------------------------
4 4.30
-----------------------------------------
4 3.71
-----------------------------------------
SDD017A 22 2.92
-----------------------------------------
4 2.18
-----------------------------------------


Table 3 -- Significant intercepts Pakaka
---------------------------------------------------------------------
Hole_id UTM_North UTM_East UTM_RL Azimuth Dip Depth From To
---------------------------------------------------------------------
PDD102 348641 788560 880 0 -90 140 68 70
---------------------------------------------------------------------
76 96
---------------------------------------------------------------------
108 118
---------------------------------------------------------------------
124 128
---------------------------------------------------------------------
PDD103 348679 788581 864 0 -90 140.05 84.7 90
---------------------------------------------------------------------
98 106
---------------------------------------------------------------------
122 126
---------------------------------------------------------------------
PDD104 348682 788602 865 90 -80 161.05 0 4.5
---------------------------------------------------------------------
100 106
---------------------------------------------------------------------
110 116
---------------------------------------------------------------------
PDD105 348681 788695 868 270 -76 181.95 138 140
---------------------------------------------------------------------
168 170
---------------------------------------------------------------------
PDD106 348722 788640 861 0 -90 182.05 105 121
---------------------------------------------------------------------
155 157
---------------------------------------------------------------------
PDD123 348715 788523 880 0 -90 120.2 65 105
---------------------------------------------------------------------


-----------------------------------------
Hole_id Interval Au g/t
-----------------------------------------
PDD102 2 1.73
-----------------------------------------
20 3.01
-----------------------------------------
10 0.95
-----------------------------------------
4 1.03
-----------------------------------------
PDD103 5.3 3.12
-----------------------------------------
8 2.51
-----------------------------------------
4 0.90
-----------------------------------------
PDD104 4.5 2.29
-----------------------------------------
6 0.83
-----------------------------------------
6 1.48
-----------------------------------------
PDD105 2 0.88
-----------------------------------------
2 1.04
-----------------------------------------
PDD106 16 1.43
-----------------------------------------
2 1.18
-----------------------------------------
PDD123 40 2.78
-----------------------------------------



Table 4 -- Significant intercepts Kombokolo
---------------------------------------------------------------------
Hole_id UTM_North UTM_East UTM_RL Azimuth Dip Depth From To
---------------------------------------------------------------------
KKDD001 345555 786520 845 0 -90 100 26 34
---------------------------------------------------------------------
50 54
---------------------------------------------------------------------
64 68
---------------------------------------------------------------------
74 84
---------------------------------------------------------------------
KKDD002 345595 786585 899.57 0 -90 146 48 106
---------------------------------------------------------------------


-----------------------------------------
Hole_id Interval Au g/t
-----------------------------------------
KKDD001 8 11.01
-----------------------------------------
4 1.53
-----------------------------------------
4 1.05
-----------------------------------------
10 1.38
-----------------------------------------
KKDD002 58 4.40
-----------------------------------------

Note: The intersected true width ranges from 85% to 100% of the
intercept.

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



Table 5 -- Significant intercepts Gorumbwa
---------------------------------------------------------------------
Hole_id UTM_North UTM_East UTM_RL Azimuth Dip Depth From To
---------------------------------------------------------------------
GRC077 344434 785529 832 0 -90 180 94 98
---------------------------------------------------------------------
112 114
---------------------------------------------------------------------
130 142
---------------------------------------------------------------------
GRC078 344453 785535 833 0 -90 180 60 64
---------------------------------------------------------------------
86 90
---------------------------------------------------------------------
GRC079 344463 785555 836 0 -90 180 66 72
---------------------------------------------------------------------
134 136
---------------------------------------------------------------------
GRC080 344480 785569 835 0 -90 180 78 84
---------------------------------------------------------------------
144 152
---------------------------------------------------------------------
GRC081 344493 785579 839 0 -90 180 86 88
---------------------------------------------------------------------
GRC082 344507 785564 839 0 -90 180 118 122
---------------------------------------------------------------------
GRC083 344518 785549 837 0 -90 180 130 132
---------------------------------------------------------------------
170 172
---------------------------------------------------------------------
GRC084 344553 785670 838 225 -60 162 116 132
---------------------------------------------------------------------
152 162
---------------------------------------------------------------------
GRC085 344555 785674 838 225 -75 180 120 136
---------------------------------------------------------------------
158 164
---------------------------------------------------------------------
170 174
---------------------------------------------------------------------
GRC086 344555 785710 840 225 -60 180 112 140
---------------------------------------------------------------------
144 148
---------------------------------------------------------------------
154 164
---------------------------------------------------------------------
GRC087 344555 785710 840 225 -75 180 114 150
---------------------------------------------------------------------
156 160
---------------------------------------------------------------------
GRC088 344553 785718 830 225 -60 63
---------------------------------------------------------------------
GRC089 344555 785719 830 225 -75 61
---------------------------------------------------------------------
GRC090 344526 785758 833 225 -60 62 14 22
---------------------------------------------------------------------
32 34
---------------------------------------------------------------------

---------------------------------------------------------------------
GRC091 344528 785760 833 225 -75 65 16 22
---------------------------------------------------------------------
GRC092 344538 785591 839 0 -90 180
---------------------------------------------------------------------
GRC093 344524 785609 840 0 -90 180 104 106
---------------------------------------------------------------------
132 138
---------------------------------------------------------------------
GRC094 344540 785617 840 0 -90 178 90 94
---------------------------------------------------------------------
118 120
---------------------------------------------------------------------


-----------------------------------------
Hole_id Interval Au g/t
-----------------------------------------
GRC077 4 0.82
-----------------------------------------
2 2.37
-----------------------------------------
12 2.85
-----------------------------------------
GRC078 4 2.80
-----------------------------------------
4 1.63
-----------------------------------------
GRC079 6 1.61
-----------------------------------------
2 1.44
-----------------------------------------
GRC080 6 1.82
-----------------------------------------
8 3.36
-----------------------------------------
GRC081 2 1.21
-----------------------------------------
GRC082 4 1.31
-----------------------------------------
GRC083 2 2.04
-----------------------------------------
2 1.19
-----------------------------------------
GRC084 16 2.50
-----------------------------------------
10 0.95
-----------------------------------------
GRC085 16 1.45
-----------------------------------------
6 5.28
-----------------------------------------
4 1.09
-----------------------------------------
GRC086 28 3.64
-----------------------------------------
4 1.29
-----------------------------------------
10 1.43
-----------------------------------------
GRC087 36 2.17
-----------------------------------------
4 1.64
-----------------------------------------
GRC088 intersected stope
-----------------------------------------
GRC089 intersected stope
-----------------------------------------
GRC090 8 2.13
-----------------------------------------
2 1.07
-----------------------------------------
intersected stope
-----------------------------------------
GRC091 6 3.82
-----------------------------------------
GRC092 no significant intercept
-----------------------------------------
GRC093 2 2.15
-----------------------------------------
6 1.62
-----------------------------------------
GRC094 4 1.50
-----------------------------------------
2 3.26
-----------------------------------------


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

SGS Laboratories located in Mwanza, Tanzania completed all assays on RC samples from Gorumbwa. Screen fire assay was used for all assays.


Contact Information