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IODM LIMITED — Regulatory Filings 2009
May 24, 2009
65131_rns_2009-05-24_a152cdff-283d-4e44-b5e3-f4449ec43c5a.pdf
Regulatory Filings
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Suite 202, 122 Walker St, North Sydney NSW 2060 Australia
Ph: 02 9955-7130 Fax: 02 8920-3576
Email: [email protected]
25 May 2009
ASX / Media Announcement
DRILLING COMMENCES AT ROSEDALE GOLD SILVER PROJECT
PARADIGM METALS LIMITED (PDM) is pleased to announce that the Company has commenced drilling at its wholly-owned Rosedale gold-silver project near Blayney in NSW (EL 7343).
The programme will consist of up to 25 holes of air core / percussion drilling to a maximum depth of about 60m.
The objectives of the drilling are to:
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Drill beneath outcrops of mineralised breccia at North Rosedale with air core and percussion drilling, where rock chip samples returned strong gold assays up to 12g/t Au - the mineralised breccias at the North Rosedale prospect have been mapped continuously over a strike length of at least 250m;
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Test the footprint of gold-silver mineralisation at the Rosedale project over a 1.5km strike length with wide-spaced air core drill holes.
A map of the proposed drilling can be found on the Company’s website at:
http://www.paradigmmetals.com.au/IRM/content/projects_gold_rosedale.html
For further information contact Graham Carman, Managing Director: Ph: 61-2-9955-7130
About Paradigm: Paradigm Metals Ltd (PDM) is a gold, copper and tungsten explorer and developer with its key projects located in the Lachlan Fold Belt of NSW and the Cloncurry region of Queensland
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