Underground development of Cadan Resources' T'Boli gold-silver mine continues with the North Vein A Lode structure having been intersected in the advancing decline.

Mapping and sampling has defined a vein width of 10 metres, assaying 12.5 gram/tonne gold.

Lateral development on North Vein A is proceeding westward to define stoping blocks for mill feed. Surface gold values extend 300m west of the decline intersection point.

Decline advance is now progressing at a more satisfactory rate, and a crosscut to intersect the South Vein System has started.

The lateral development headings on the Centre Vein (now designated 398N and 418N headings), North Veins A & B, and South Vein, will all provide stoping blocks for mill feed.

The capital expenditure on lateral development is more than offset by the gold inventory being created in the development material stockpile.

Some 4000 tonnes of diluted development material is surface stockpiled. This stockpile has an estimated grade of 3 grams/tonne gold, and will be used for commissioning the CIP plant.

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