Visible Gold at Surface

Hi all, Just a quick note to share that the ABM geology team were able to confirm visible Gold at Surface at Old Pirate South Prospect located at the Twin Bonanza Project. Just last week the board of directors returned from a successful site visit to Twin Bonanza where we have now completed the first five holes at our Old Pirate High Grade Zone target.

 It was great to get into the field but what really got me excited was seeing the gold in the rock with the naked eye. These observations have confirmed incredibly high rock chip sample results including 2163g/t which is equivalent to 0.216% gold or 63.15oz/t in the old-scale.

 We are now drilling in the nearby large Buccaneer Porphyry gold system and reconnaissance work at Old Pirate South as well as the remainder of the Twin Bonanza Project is continuing and the Company intends to re-prioritise areas in the coming weeks.

 The full press release detailing the high grade results our field progress can be viewed here.

 Best Regards, Darren Holden - MD

Publication Date: 9/07/2010