SABRE RESOURCES LIMITED — Capital/Financing Update 2013

May 15, 2013

ASX ANNOUNCEMENT 16 May 2013

GUCHAB DISCOVERY ADVANCES

HIGHLIGHTS

• Drill results continue to be received from the diamond drilling on the Eastern Adits at Guchab,
• Recent drilling, and examination of collected data suggests that the length of this lobe of mineralisation is in excess of 400 metres at surface, with only a small proportion drilled to date,
• Recent results include:

GCDD0019 15.41 metres @ 1.08% Copper & 5.24 gpt Silver from 23.04 metres And 45.65 metres @ 1.04% Copper& 12.27 gpt Silver from 58.35 metres* GCDD0020 16.00 metres @ 1.19% Copper & 5.33 gpt Silver from 29.00 metres

The drilling program from Pad Five is nearing completion, with 13 holes now completed, and the rig scheduled to move at the end of May.

The program of diamond drilling from Pad Five at Guchab is nearing completion, with only two more holes planned from the site. The drilling program from Pad Five has proven to be highly successful, having:

• contributed greatly to the Company's understanding of the breccia and fault hosted copper mineralisation at Guchab.
• significantly extended the strike length of the known mineralisation on the Eastern Adits at Guchab,
• continued to intersect broad zones of copper mineralisation in most drill holes.

1. Latest Drill Results at Guchab

The results for drill holes GCDD0019-21 have recently been received and include several broad intercepts of copper mineralisation in excess of 1% copper. Results include (see also Appendix 1):

GCDD0019	15.41m @ 1.08% Copper & 5.24 gpt Silver from 23.04m,
Including	1.08m @ 6.45% Copper & 42.26 gpt Silver from 37.37m.
IncludingAndAnd	45.65m @ 1.04% Copper & 12.27 gpt Silver from 58.35m,14.90m @ 1.30% Copper & 16.20 gpt Silver from 58.35m,*7.85m Void –Karstic Feature or Mine Working (?) from 73.25m,22.90m @ 1.22% Copper & 15.88 gpt Silver from 81.10m.
GCDD0020	16.00m @ 1.19% Copper & 8.26 gpt Silver from 29.00m.
GCDD0021	47.27m @ 0.64% Copper & 5.33 gpt Silver from Surface,
Including	4.17m @ 1.52% Copper & 11.52 gpt Silver from Surface,
And	1.32m @ 3.66% Copper & 20.41 gpt Silver from 11.68m,
And	2.14m @ 2.27% Copper & 19.03 gpt Silver from 21.46m.

The mineralisation in these holes is typically composed of malachite (secondary copper carbonate) as well as chalcocite, bornite and chalcopyrite (primary copper sulphides). The copper minerals typically occur in zones of brecciation as semi-massive, stringers, blebs and disseminated mineralisation (Figure 2).

Figure 2 – Breccia-hosted copper carbonate & sulphide mineralisation from GCDD0025 at Guchab.

These latest drill results have allowed modelling of the Main Lode on the Eastern Adits at Guchab to commence. Simplistically, the Main Lode appears to be elongated in a northnorthwest orientation or strike, and plunges to the south-southeast.

Modelling shows that the copper mineralisation on the Eastern Adits remains open along strike and down plunge. Significantly, it also shows that there is only a small proportion of the known extent of mineralisation that has been drilled to date.

Sabre's strategy for drilling out the undrilled zone between Pad 1 and Pad 4 (in the High Valley) is to position rigs at each end and gradually move into the steep terrain between. This will effectively drill the Main Lode from the extremeties towards the centre.

Figure 3 – A view of the Guchab mountain (looking to the southwest) showing the outcropping mineralisation (pink), drill pads and the modeled Main Lode (red) on the Eastern Adits.

2. The Use of Drill Fans at Guchab

Sabre is presently utilising fans of drill holes to explore at Guchab. Typically, drilling fans of diamond holes is used in underground mining or in terrain where developing a position to operate from, or to move around in, is difficult. In these situations conventional systematic and 'grid type' drilling campaigns are impractical.

In the case of Guchab, drilling has been undertaken on a number of pads across the mountainous terrain, in places where enough flat ground could be cleared or constructed to host the rig. The mountainous terrain makes the movement of the rig difficult and at times dangerous (see also Section 3.1), therefore vertical fans of drill holes are utilised, in varying orientations, to test the targeted mineralisation at depth.

Despite the seemingly 'random' manner in which these fans are drilled they are in fact systematically testing the deposit at differing azimuths or drill directions. Figures 4 & 5 show cross sections of the drilling on Pads One & Five, with the interpreted mineralisation envelopes.

explore extend extract

Figure 4 – A Northeast-Southwest oriented cross section across Pads One & Five showing drill hole traces & mineralised envelope.

Figure 5 – A Northwest-Southeast oriented cross section across Pad One & Five showing drill hole traces & mineralised envelope.

The arrival of Sabre's XT600 drill rig at the end of May 2013 will allow the drilling to be undertaken from a greater range of locations, resulting in a broader and more regularly spaced drill pattern.

3. Resolution of Logistical and Drilling Issues in Namibia

In recent months Sabre has received considerable comment in regard to two key issues that have delayed exploration and the flow of information to the market, namely the provision of drilling services and contract sample assaying.

3.1Drilling Services

In July of 2012 Sabre engaged a local drilling entity, with underground experience, to undertake the drilling at Guchab. This group was operating an older style diamond rig that was not truly 'man-portable' (the two components of the rig weighed in excess of 800 kg each), and was limited in its ability to drill at various angles and depths.

This drill rig struggled over a period of months, after intially performing well on Pad One at Guchab, but after a series of long-running mechanical issues, it suffered a catastrophic mechanical and structural failure in mid-November 2012, half way through GCDD0012 on Pad Four. Sabre had been looking for a replacement rig for some months prior to the failure, but finding a suitable rig in southern Africa had proven difficult.

Two actions were taken in response to the rig failure:

• A new drilling contractor, who was undertaking the RC drilling at Kaskara, offered the services of one of their underground rigs but it could not start until January 2013. Sabre accepted the offer and the rig (although not entirely suitable for the terrain) has performed extremely well, having completed all of the drilling at Pad Five and will continue operating in the coming months.
• Sabre ordered the construction of its own rig, a tracked XT600 'man-portable' rig built by an Australian-owned firm in the Philippines. The construction of the rig has now been completed and it is scheduled to arrive in Nambia later this month. It will then be commissioned by our drill supervisor and then commence operating in either the Guchab Canyon (below Pads One & Five) or the High Valley (Pad Four).

This new rig can 'walk' itself to most locations, being on tracks, but can also be rapidly broken down into components weighing less than 200 kg each for transport to difficult locations. This rig will allow drilling in difficult to access locations and assist in undertaking a broader spaced/systematic drilling program in the mountainous terrain at Guchab.

3.2Contract Assaying

Sabre utilises the services of Bureau Veritas ('BV') in Namibia. BV is a globally recognised and accredited service company who, amongst a host of other services, provide metallurgical & geochemical assaying services to the exploration & mining industry.

BV operates a sample preparation and assaying facility at Swakopmund, on the coast of Namibia, just north of the port of Walvis Bay and some 600 kilometres from the Otavi Mountain Land. The facility was originally set up to support the uranium explorers in the region but soon diversified to include base metals, such as copper, lead and zinc. It is the only facility of its type in Namibia.

Sabre began using BV in November 2011 as the laboratory offered accredited assaying in Namibia, eliminating the need to apply for export permits and costly freight to South Africa and Australia. This in turn dramatically improved 'turn-around' times for assaying and allowed more timely reporting of results.

Unfortunately in December 2012 one of the key analytical machines (ICP-OES) broke down during a busy period in the lab schedule, resulting in a backlog of more than 10,000 samples from various exploration groups using the lab. Whilst the sample preparation was still done in Namibia, the 'pulps' (approximately a 100 gram sub-sample) needed to be sent out to Canada for assay. This resulted in a >8 week turn around for sample assays and reduced news flow in regard to Sabre's ongoing drill programs.

The ICP-OES machine in Swakopmund is now in the final stages of recommissioning and should be fully operational in the coming weeks. We expect BV to return to its standard turnaround time for sample assaying.

Sabre is pleased to be able provide investors with an update on its activities and believes that many of the challenges faced in the first quarter (namely drilling issues and delays in sample assaying) have now been overcome. We look forward to presenting further drill results from Guchab as they become available and also an increased tempo of drilling as its own drill rig commences operations at Guchab in June 2013.

Tim Putt Chief Executive Officer Sabre Resources Ltd

For further information regarding the Company's activities, please contact:

Mr Timothy Putt Dr Matthew Painter

Chief Executive Officer General Manager – Exploration Phone (08) 9481 7833 Phone (08) 9481 7833

Or consult our website: www.sabresources.com

SABRE'S OTAVI MOUNTAIN LAND COPPER PROJECT

The Otavi Mountain Land Copper Project ('OML') is located in northern Namibia, lying within the triangle created by the mining towns of Tsumeb, Otavi and Grootfontein.

The entire region is well served by sealed roads, rail to port, high voltage power, telephone and water, and is close to major towns and mining processing facilities, including the Kombat copper concentrator and Tsumeb Smelter complex (one of only five operating smelters in Africa).

Sabre's OML project consists of two Exclusive Prospecting Licences (EPL 3540 & 3542), which cover more than 800 km2 of highly prospective base metal stratigraphy. Sabre has identified two key copper trends within its project area, each covering more than 25 km of strike, defined by surface geochemistry and historical workings.These extensive copper trends, namely the Lucas Post and Kombat Trends, are the present focus of exploration.

The region hosts a number of Copper, Zinc, Lead, Silver and Vanadium mines, including the Tsumeb & Kombat Copper mines. The Otavi Valley tenement (EPL 3540) surrounds the Kombat Copper mine on all sides and covers the strike extensions of the mine stratigraphy. To date, the Kombat Mine has produced over 8.7 Mt @ 3.1% Cu, 1.1% Pb and 26 gpt Ag, with owners, Kombat Copper (TSX-V), presently undertaking a drilling to define further NI 43-101 compliant resources within the mine area.

Competent Person Declaration

The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr T. Putt of Sabre Resources Ltd, who is a member of The Australian Institute of Geoscientists. Mr Putt has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity that he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the "Australian Code for Reporting of Exploration Results, Mineral Resource and Ore Reserves". Dr Painter consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

Forward-Looking Statements

This document may include forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning Sabre Resources Ltd's planned exploration program and other statements that are not historical facts. When used in this document, the words such as "could," "plan," "estimate," "expect," "intend," "may", "potential," "should," and similar expressions are forward-looking statements. Although Sabre Resources Ltd believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements.

Appendix 1 - Guchab Diamond Drilling

* Copper (Cu) & Silver (Ag) values were determined at the accredited 'Bureau Veritas' Laboratory in Swakopmund, Namibia. ** No estimate of 'true width' is practical at this early stage of the exploration program.

Pad No	Hole No	Northing	Easting	RL	FinalDeth(m)p	o)Dip(	oTrAzimuth(ue)	Fro(m)m	To(m)	Dohole It (m)**ntewnrcep	Grade
1	GCDD0001	7818105	796081	1781	111.39	-40	191	0.60	108.35	107.75	1.15%Cu&6.93 gt Apg
							Including	17.90	20.25	2.35	13.24%Cu&70.84t Agpg
							And	29.80	52.15	22.35	Cu2.08%&10.11t Agpg
							And	96.90	100.05	3.15	2.85%Cu&22.90t Agpg
1	GCDD0002	7818105	796081	1781	101.13	-60	182	1.42	27.98	26.56	1.06%Cu&6.25 gt Apg
							Including	1.42	5.58	4.16	Cu2.36%&7.93 gt Apg
							And	8.19	12.76	4.57	2.18%Cu&21.44t Agpg
1	GCDD0003	7818105	796081	1781	53.43	-80	191	1.00	19.90	18.90	1.54%Cu&9.66 gt Apg
							Including	1.00	8.00	7.00	Cu2.52%&10.12t Agpg
1	GCDD0004	7818105	796081	1781	60.63	-55	224	0.00	24.05	24.05	Cu1.29%&10.91t Agpg
							Including	7.18	9.54	2.36	3.47%Cu&35.34 gt Apg
							And	23.05	24.05	1.00	8.55%Cu&t A38.38gpg
1	GCDD0005	7818105	796081	1781	53.32	-55	161	0.00	22.2	22.20	Cu3.45%&29.67t Agpg
							Including	20.05	22.2	2.15	17.60%Cu&247.70t Agpg
2	GCDD0006	795610	795610	1837	48.35	-45	291	0.90	15.00	14.10	1.31%Cu&10.50t Agpg
							Including	7.00	9.65	2.65	Cu5.10%&50.94t Agpg
2	GCDD0007	795610	795610	1837	48.55	-60	280	5.48	13.85	8.37	Cu0.54%&7.43 gt Apg
							Including	5.48	6.67	1.19	1.41%Cu&25.40t Agpg
2	GCDD0008	795610	795610	1837	72.89	-45	350	NA	NA	NA	@Hole Abandoned72.89m
2	GCDD0009	795610	795610	1837	17.63	-70	170	NA	NA	NA	Hole Abandoned@17.63m
2	GCDD0010	795610	795610	1837	13.62	-70	170	NA	NA	NA	Redrill of GCDD0009- Abandoned
4	GCDD0011	7818246	795918	1832	103.45	-41.5	100	42.22	61.07	8518.	Cu&15.05t A1.06%gpg
							Including	57.44	61.07	3.63	4.08%Cu&61.92t Agpg
4	GCDD0012	7818246	795918	1832	115.73	-40	131	NA	NA	NA	@Hole Abandoned115.73 m
											duedrill rifailurtoge
5	GCDD0013	7818054	796066	1774	80.1	-40	41	0.00	31.50	5031.	Cu&t A0.29%2.30 gpg
							Including	0.00	2.00	2.00	1.03%Cu&5.40 gt Apg
5	GCDD0014	7818054	796066	1774	86.89	-60	41	0.00	53.10	53.10	1.23%Cu&11.20t Agpg
							Including	0.00	6.55	6.55	Cu2.17%&9.50 gt Apg
							And	12.00	21.00	9.00	Cu2.95%&19.10t A
											gpg
5	GCDD0015	7818054	796066	1774	90.39	-80	41	0.31	52.16	51.85	1.35%Cu&15.45t Agpg
							Including	17.72	33.00	15.28	Cu2.81%&28.66t Agpg

5	GCDD0016	7818054	796066	1774	110.96	-49	165	20.00	32.22	12.22	Cu0.67%&5.87 gt Apg
							Including	25.75	26.87	1.12	2.14%Cu&4.10 gt Apg
								57.37	86.64	29.27	0.80%Cu&10.86t Agpg
							Including	63.73	66.31	2.58	Cu2.49%&27.03t Agpg
							And	71.44	78.10	6.66	1.06%Cu&15.09t Agpg
5	GCDD0017	7818054	796066	1774	159.36	-65	161	12.00	39.00	27.00	0.53%Cu&6.77 gt Apg
							Including	24.00	29.12	5.12	Cu1.58%&18.21t Agpg
								50.00	78.40	28.40	0.61%Cu&11.99t Agpg
							Including	66.20	78.40	12.20	Cu0.87%&15.77t Agpg
								93.44	131.00	37.56	0.92%Cu&12.43t Agpg
							Including	93.44	99.11	5.67	2.28%Cu&20.02t Agpg
								126.00	131.00	5.00	Cu1.82%&33.76t Agpg
5	GCDD0018	7818054	796066	1774	132.47	-80	165	15.00	23.59	8.59	1.00%Cu&12.15t Agpg
								36.40	50.50	14.10	Cu0.89%&7.16 gt Apg
							Including	48.00	50.50	2.50	Cu&t A1.70%7.74 gpg
								59.00	76.00	17.00	1.00%Cu&23.70t Agpg
5	GCDD0019	7818054	796066	1774	153.21	-55	180	23.04	38.45	15.41	Cu&5.2t A1.08%4 gpg
							Including	37.37	38.45	1.08	6.45%Cu&42.26t Agpg
								58.35	104.00	45.65	Cu1.04%&12.27t Agpg
							Including	58.35	73.25	14.90	Cu&t A1.30%16.20gpg
							And	73.25	81.10	7.85	Void -MiWorkin?neg
							And	81.10	104.00	22.90	1.22%Cu&15.88t Agpg
5	GCDD0020	7818054	796066	1774	149.99	-45	186	29.00	45.00	16.00	Cu&t A1.19%8.26 gpg
								78.00	82.55	4.55	0.53%Cu&3.07 gt Apg
5	GCDD0021	7818054	796066	1774	120.34	-60	339	0.00	47.27	47.27	0.64%Cu&5.33 gt Apg
							Including	0.00	4.17	4.17	1.52%Cu&11.52t Agpg
							And	11.68	13.00	1.32	3.66%Cu&20.41t Agpg
							And	21.46	23.60	2.14	Cu2.27%&19.03t Agpg
5	GCDD0022	7818054	796066	1774	120.09	-30	339	NA	NA	NA	ResulPendintsg
5	GCDD0023	7818054	796066	1774	120.39	-80	339	NA	NA	NA	ResultsPending
5	GCDD0024	7818054	796066	177	59.	-40	210	NA	NA	NA	ResulPendints
				4	9						g
5	GCDD0025	7818054	796066	1774	In Press	-60	210	NA	NA	NA	InPross
					rog						gre

Appendix 2 – Guchab Diamond Drilling, JORC Tables

Criteria	Explanation
Samplingtechniques	Exploration results are based on industry best practices, including sampling, assay methods, andappropriate quality assurance quality control (QAQC) measures. Core samples are taken as half NQcore and sampled on nominal 1m intervals, with sampling breaks adjusted to geological boundarieswhere appropriate. Each sample is analysed with a handheld XRF analyser. Anomalous samples aresubmitted to Bureau Veritas Laboratory in Swakopmund for more precise analysis.
	All drill samples submitted to the laboratory are crushed and pulverised followed by a four acid totaldigest and multi-element analysis by inductively coupled plasma optical emission spectrometry (ICPOES) and inductively coupled plasma mass spectrometry (ICP-MS). Gold and precious metalanalysis is completed by a 50g fire assay collection and Atomic Absorption Spectrometer analysis(AAS). Sample preparation and analysis are undertaken at Bureau Veritas Laboratory inSwakopmund, Namibia.
Drillingtechniques	Diamond drill holes are collared using HQ2 and switch to NQ2 when the formation becomes solid.All coordinates are quoted in WGS84 datum unless otherwise stated.
Drill SampleRecovery	The quality of diamond core samples is monitored by the logging of various geotechnical parameters,and logging of core recovery and competency.
	The quality of analytical results is monitored by the use of internal laboratory procedures together withcertified standards, duplicates and blanks and statistical analysis on a monthly basis to ensure thatresults are representative and within acceptable ranges of accuracy and precision.
Logging	All logging is completed according to industry best practice. Diamond core is stored in clearly labelledcore trays. Logging is completed using a standard Maxwell logging template. The resulting data isuploaded to a Datashed database and validated. Once validated, the data is exported to 3Dmodelling software for visual validation and interpretation.
	Detailed information on lithology, sample quality, structure, geotechnical information, alteration andmineralisation are collected in a series of detailed self-validating logging templates.
Sub- samplingtechniques and	Core is cut using a brick saw fitted with a special blade designed for cutting core. Half core is takenfor sampling.
samplepreparation	For all sample types, the nature, quality and appropriateness of the sample preparation technique isconsidered adequate as per industry best practice.
	Field duplicates are taken every 20 samples to ensure the samples are representative. Qualitycontrol reports are undertaken routinely to monitor the performance of field standards and duplicates.
	Sample sizes are appropriate to the grain size of the material being sampled
Quality of assaydata andlaboratory tests	The samples have been sorted, dried, crushed and pulverised. Primary preparation has been bycrushing the whole sample. The samples have been split with a riffle splitter, if required, to obtain a3kg sub-fraction which has then been pulverised in a vibrating pulveriser.
	The sample(s) have been digested with a mixture of four Acids including Hydrofluoric, Nitric,Hydrochloric and Perchloric Acids for a total digest.
	Ag, As, Cd, Co, Ga, In, Mo, Sn, W have been determined by Inductively Coupled Plasma (ICP) MassSpectrometry.
	Al, Ca, Cu, Fe, K, Mg, Mn, Na, Pb, S, V, Zn have been determined by Inductively Coupled Plasma(ICP) Optical Emission Spectrometry.
	Au and PGEs are determined by a 40g fire assay collection with Inductively Coupled Plasma (ICP)Optical Emission Spectrometry finish.
	Field Standards and Blanks are inserted every 10 samples , Laboratory inserts its own standards andblanks at random intervals, but several are inserted per batch regardless of the size of the batch.
Verification ofsampling and	All significant intercepts are reviewed and confirmed by at least three senior personnel before releaseto the market.
assaying	No adjustments are made to the raw assay data. Data is imported directly to Datashed in raw originalformat.

	All data is validated using the QAQC reporter validation tool with Datashed. Visual validations arethen carried out by senior staff members.
Location of datapoints	Holes are set out using a handheld 12 channel GPS. Collars are picked up by a licenced surveyor oncompletion of the hole.
Data spacing anddistribution	Data spacing and distribution used to determine geological continuity is dependent on the deposittype and style under consideration. Where a mineral resource is estimated, the appropriate dataspacing and density is decided and reported by the competent person.
	For mineral resource estimations, grades are estimated on composited assay data. The compositelength is chosen based on the statistical average, usually 1m. Sample compositing is never applied tointerval calculations reported to market. A sample length weighted interval is calculated as perindustry best practice.
Orientation ofdata in relation to	Orientation of sampling is as unbiased as possible based on the dominating mineralised structuresand interpretation of the deposit geometry.
geologicalstructure	If structure and geometry is not well understood, sampling is orientated to be perpendicular to thegeneral strike of stratigraphy and/or regional structure.
	If the relationship between the drilling orientation and the orientation of key mineralised structures isconsidered to have introduced a sampling bias, this would be assessed and reported if consideredmaterial.
	Generally drilling should be undertaken at an angle to surface and drilled to maximise perpendicularintersection with the known interpretation of the strike of previously intersected mineralisation. Thisoften proves difficult at Guchab due to the topography of the prospect area and has resulted in 'fans'being drilled from individual pads to allow testing of the mineralised zones.
Sample security	All samples remain in the custody of company geologists, and are fully supervised from point of fieldcollection to laboratory drop-off.
Audits and	None yet undertaken for this dataset
reviews

Section 2 - Reporting of Exploration Results

JORC Criteria	Explanation
Mineraltenement andland tenurestatus	Sabre (SBR) controls two Exclusive Prospecting Licences (EPL's) in the Otavi Mountain Land,namely EPL3540 (80% SBR) & 3542 (70% SBR). All tenure was in good standing at the time ofreporting. There are no known impediments with respect to obtaining a licence to operate in the area.The Company maintains the stated interests in the aforementioned EPL's, and a 3% governmentroyalty is in place on any base metal production. There are no known native title interests, historicalsites, and wilderness or national park areas or environments impediments.
Exploration doneby previousparties	Several other parties have undertaken exploration in the area between the early 1900's through to1997. These parties include South West Africa Company, Goldfields Namibia and TsumebCorporation.Appraisal of previous work has been limited to high level review of historical reports as very limiteddata is available in either digital or hardcopy format. In most cases Sabre Resources Ltd hasdeveloped its datasets solely from its own work.
Geology	At Guchab, on the Kombat Trend, the target is structurally hosted epithermal copper-silvermineralisation, associated with faulting and zones of brecciation.
Drill holeInformation	All relevant drillhole information is supplied in Appendix 1 of the announcement
Dataaggregationmethods	All exploration results are reported by a length weighted average. This ensures that short lengths ofhigh-grade material receive less weighting than longer lengths of low grade material.No high-grade cut-offs are applied. A nominal low grade cut-off of 0.25% Cu is used with a maximuminternal dilution of 4m (except in the case of the reported results for GCDD0019, where a void wasencountered).
Relationshipbetweenmineralisationwidths andintercept lengths	Mineralisation at Guchab is interpreted to be hosted by dilational & breccia zones associated with030-045 degree striking cross faults intersecting the interpreted east-west striking sedimentarybedding.The drilling at Guchab is being undertaken from a number of pads due to the topography of theprospect. At this stage in the exploration programme it is too early to determine the true thickness ofthe intercept lengths.
Diagrams	A set of relevant diagrams are included in the body of the announcement.
Balancedreporting	Information relating to geophysical and geochemical test work is included in the announcement
Further work	Plans for further work are outlined in the body of the announcement