The drill programme totaled 13,125ft and all samples collected have now been shipped to ALS Chemex for assay.

The company has received assay results for the first 9 holes which include significant gold/silver values including 45ft of 1.0 gram per tonne (g/t) gold and 30.16g/t silver and 85ft of 0.42g/t gold and 10.67g/t silver.

Due to Laurion’s systematic quality control programme, deficiencies were noted and the holes were re-assayed by a different laboratory, being ALS Chemex.

The drilling indicates that the vein structure is continuous, decreasing towards the northeastern edge of the deposit.