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Terramin Australia Ltd.

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Summary

Project:

Bird-in-Hand

Deposit:Bird-in-Hand
Location:Australia
Commodities:Gold
Date:6/8/2016
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:8-6-2016: Terramin Australia Ltd. announces an Exploration/Drilling Update report for its Bird-in-Hand deposit at the Bird-in-Hand project. Drilling results, incl. 5.8m @ 37.43 g/t Au from 192.9m. Terramin Australia Limited (Terramin) (ASX:TZN) is please
Resources:x
CP/QP:[Overall Report]: Eric Whittaker (internal)
ABSTRACT:Terramin Australia Limited (Terramin) (ASX:TZN) is pleased to announce that following completion of the drilling programme announced on 4 March 2016, it has received the first assay results from its diamond drill core samples at the Bird-in-Hand Gold Project (Project). Terramin drillhole BH054 returned 5.8 metres at 37.43 g/t gold from 192.9 metres down hole from Red Reef (Figure 1) including 1.18 metres at 167.71 g/t gold from 192.9 metres, respectively equivalent to true widths of 4.4 metres and 0.9 metres. Drillhole BH056 also from the Red Reef returned 8.0 metres at 26.90 g/t gold from 187.0 metres down hole including 4.5 metres at 44.71 g/t gold from 187.0 metres, respectively equivalent to true widths of 6.5 metres and 3.7 metres. These results affirm the exceptionally high grade gold mineralisation of the Bird-in-Hand deposit. It is also notable that drillhole BH054 has returned gold intersections significantly higher than originally expected for that part of the deposit.

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