Gammon Gold Announces Significant Drill Results At Ocampo
TORONTO, May 5 /CNW/ --
TORONTO, May 5 /CNW/ - Gammon Gold Inc. ('Gammon') (TSX: GAM and NYSE: GRS): Gammon is pleased to provide an update of drill results from the Ocampo
exploration program for the first four months of 2011. As of April 30,
2011, the Company has completed a total of 56,704 metres of drilling at
Ocampo, utilizing twelve drill rigs working on surface and underground.
Ocampo Underground Drilling Highlights
During the first four months of the year the Company has completed 145
core holes for 28,439 metres from underground. The primary focus of the
underground drilling is to extend and delineate known resources along 6
vein structures in the Northeast Underground mine, the Level 2 mine and
the Santa Eduviges mine. Highlights of the program are as follows:
Aventurero
-- Drilling highlights include:
o Hole OU-826, 1.0 metre grading 105.65 grams per tonne gold
equivalent((1))
o Hole OU-859, 7.4 metres grading 11.78 grams per tonne gold
equivalent((1))
o Hole OU-884, 3.3 metres grading 48.11 grams per tonne gold
equivalent((1))
o Hole OU-887, 0.8 metres grading 17.84 grams per tonne gold
equivalent((1))
San Amado
-- Drilling highlights include:
o Hole OU-948, 2.0 metres grading 25.20 grams per tonne gold
equivalent((1))
o Hole OU-1063, 1.3 metres grading 54.88 grams per tonne gold
equivalent((1))
o Hole OU-1064, 0.5 metres grading 35.43 grams per tonne gold
equivalent((1))
o Hole OU-1067, 0.7 metres grading 64.42 grams per tonne gold
equivalent((1))
Rosario
-- Drilling highlights include:
o Hole OU-978, 0.6 metres grading 63.43 grams per tonne gold
equivalent((1))
o Hole OU-901, 3.3 metres grading 6.09 grams per tonne gold
equivalent((1))
San Jose
-- Drilling highlights include:
o Hole OU-1018, 1.3 metres grading 11.69 grams per tonne gold
equivalent((1))
o Hole OU-1023, 0.4 metres grading 42.53 grams per tonne gold
equivalent((1))
o Hole OU-1026, 3.5 metres grading 16.61 grams per tonne gold
equivalent((1))
El Rayo
-- Drilling highlight includes:
o Hole OU-1140, 0.6 metres grading 37.16 grams per tonne gold
equivalent((1))
'The underground reserve drilling program has progressed very well in
the first four months of 2011 with six active underground drill rigs.'
said Chris Bostwick, Senior Vice President, Technical Services. He
continued, 'We are particularly pleased with the bonanza style grades
encountered at Aventurero and San Amado and note these two veins are
already the largest in terms of ounces and strike length within the
Northeast system of veins. Drilling at Santa Eduviges continues to
produce results in line with reserve grades and ore vein thicknesses
and we have just begun an underground follow-up program at El Rayo
based on the successes of the surface drilling program there.'
Ocampo Surface Drilling Highlights
During the first four months of the year the Company has completed 196
core holes for 28,265 metres on surface. This work has been focused on
five close-in targets where reserves were defined in late 2010 but
remain open to expansion. The work has proven very positive in that
both high grades suitable for underground mining as well mineralization
in configurations possible for open pit extraction, have been
discovered. Highlights of the program are as follow:
Altagracia
-- Drilling highlights include:
o Hole OG-1269, 5.1 metres grading 14.45 grams per tonne gold
equivalent((1))
o Hole OG-1243, 0.5 metre grading 6.10 grams per tonne gold
equivalent((1))
Aventurero
-- Drilling highlights include:
o Hole OG-1273, 2.4 metres grading 7.46 grams per tonne gold
equivalent((1))
o Hole OG-1290, 0.9 metres grading 15.34 grams per tonne gold
equivalent((1))
Belen Upper
-- Drilling highlights include:
o Hole OG-1285, 24.0 metres grading 2.76 grams per tonne gold
equivalent((1))
o Hole OG-1291, 10.7 metres grading 2.66 grams per tonne gold
equivalent((1))
o Hole OG-1272A, 32.6 metres grading 1.56 grams per tonne gold
equivalent((1))
o Hole OG-1307, 6.7 metres grading 9.10 grams per tonne gold
equivalent((1))
El Rayo
-- Drilling highlights include:
o Hole OG-1323, 0.5 metres grading 98.71 grams per tonne gold
equivalent((1))
o Hole OG-1331, 1.8 metres grading 42.74 grams per tonne gold
equivalent((1))
Jesus Maria
-- Drilling highlights include:
o Hole OG-1282, 3.1 metres grading 10.99 grams per tonne gold
equivalent((1))
o Hole OG-1305, 1.7 metres grading 7.90 grams per tonne gold
equivalent((1))
'The surface exploration program continues to deliver excellent results
at Ocampo. The results from the Altagracia vein have successfully
delineated both high-grade ores as well as thick zones of
mineralization that will be considered for potential open pit
exploitation once the drilling is completed.' stated Peter Drobeck,
Senior Vice President of Exploration and Business Development. He
continued, 'Results from the Belen Upper vein have also discovered some
very high grades as well as thick zones of mineralization, and results
from El Rayo have shown some of the highest grades on the property for
the year. The Company intends to continue drilling these and several
new exploration targets during the second quarter of 2011.'
Note: 1) All gold equivalent grades are calculated at the Company's long
term ratio of 55:1.
This press release sets out the gold and silver grades found in the
samples taken from various targets. Not all of these targets have been
categorized as a mineral resource deposit under applicable Canadian
mineral resource reporting standards, and it is uncertain if further
exploration will result in these targets being delineated as mineral
resources. The grades encountered so far should not be taken as
representative of the ore bodies in question as there has been
insufficient exploration to define a mineral resource, and such grades
may not prove representative of the deposits if and when the same are
delineated as mineral resources.
About Gammon Gold
Gammon Gold Inc. is a publicly traded mid-tier gold and silver producer
engaged in the mining, development, exploration and acquisition of
resource properties in North America. The Company owns and operates
three producing mines in Mexico, the Ocampo mine in Chihuahua State,
the El Chanate project in Sonora State, and the El Cubo mine in
Guanajuato State. Gammon Gold also owns the Guadalupe y Calvo advanced
exploration property in Chihuahua State and the Orion advanced
exploration property in the State of Nayarit, and has six exploration
properties in various states throughout Mexico. Gammon's executive
office is located in Toronto, Ontario Canada.
Cautionary Statement
Cautionary Note to US Investors - The United States Securities and
Exchange Commission permits US mining companies, in their filings with
the SEC, to disclose only those mineral deposits that a company can
economically and legally extract or produce. This press release uses
certain terms, such as 'measured,' 'indicated,' and 'inferred'
'resources' that the SEC guidelines strictly prohibit US registered
companies from including in their filings with the SEC. US Investors
are urged to consider closely the disclosure in Gammon Gold's Annual
Report on Form 40-F, which may be secured from Gammon Gold, or from the
SEC's website at http://www.sec.gov/edgar.shtml.
No stock exchange, securities commission or other regulatory authority
has approved or disapproved the information contained herein.
Certain statements included herein, including information as to the
future financial or operating performance of the Company, its
subsidiaries and its projects, constitute forward-looking statements.
The words ''believe'', ''expect'', ''anticipate'', ''target'',
''continue'', ''estimate'', ''may'', and similar expressions identify
forward-looking statements. Forward-looking statements include, among
other things, statements regarding the grades of additional underground and surface
drilling programs at Ocampo, the ability to delineate additional
resources or reserves as a result, the suitability of targets for
future underground or open pit mining at Ocampo, statements regarding anticipated future financial and operational
performance, the future price of gold and silver, the timing of
re-commissioning and re-commencement of production at El Cubo, the
de-risking of operations, future exploration results of its exploration
and development program at Ocampo, the Company's ability to delineate
additional resources and reserves as a result of such program, and the
company's ability to mine such targets by mid-2011, statements
regarding its financial exposure to litigation, targets, estimates and
assumptions in respect of gold and silver production and prices,
operating costs, results and capital expenditures, mineral reserves and
mineral resources and anticipated grades, recovery rates, future
financial or operating performance, margins, operating and exploration
expenditures, costs and timing of completion of the Ocampo expansion
program and improvements to the heap leach pad, costs and timing of the
development and commencement of production of new deposits, costs and
timing of construction, costs and timing of future exploration and
reclamation expenses including, anticipated 2011 results, operating
performance projections for 2011, our ability to fully fund our
business model internally, 2011 gold and silver production and the cash
and operating costs associated therewith, the ability to achieve
productivity and operational efficiencies, and the timing of each
thereof. Forward-looking statements are necessarily based upon a number
of estimates and assumptions that, while considered reasonable by the
Company, are inherently subject to significant business, economic,
competitive, political and social uncertainties and contingencies. Many
factors could cause the Company's actual results to differ materially
from those expressed or implied in any forward-looking statements made
by, or on behalf of, the Company. Such factors include, among others,
known and unknown uncertainties and risks relating to additional
funding requirements, reserve and resource estimates, commodity prices,
hedging activities, exploration, development and operating risks,
illegal miners, political and foreign risk, uninsurable risks,
competition, limited mining operations, production risks, environmental
regulation and liability, government regulation, currency fluctuations,
recent losses and write-downs, restrictions in the Company's loan
facility, dependence on key employees, possible variations of ore grade
or recovery rates, failure of plant, equipment or process to operate as
anticipated, accidents and labour disputes. Investors are cautioned
that forward-looking statements are not guarantees of future
performance and, accordingly, investors are cautioned not to put undue
reliance on forward-looking statements due to the inherent uncertainty
therein.
###
Table 1: Significant New Ocampo Underground Drilling Results, 2011
(above 2.00 grams per tonne gold equivalent)
_________________________________________________________________________________
| Drill | From | To |Length| Gold | Silver | AuEq(55) | Vein|
| Hole | (m) | (m) | (m) | (gpt) | (gpt) | (gpt) | |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0884| | | | | 259| |Aventurero|
| | 166.5| 167.1| 0.6| 1.83| | 6.54| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0884| | | | | 2,094| |Aventurero|
| | 233.5| 236.8| 3.3| 10.04| | 48.11| |
|_________|___________|______|______|__________|____________|__________|__________|
|Including| | | | | 1,330| |Aventurero|
| | 234.0| 234.5| 0.5| 9.01| | 33.19| |
|_________|___________|______|______|__________|____________|__________|__________|
|Including| | | | | 6,420| |Aventurero|
| | 235.1| 236.0| 0.8| 27.80| | 144.53| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0884| | | | | 146| |Aventurero|
| | 238.1| 238.6| 0.5| 1.05| | 3.71| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0884| | | | | 119| |Aventurero|
| | 241.3| 242.0| 0.7| 0.89| | 3.05| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0885| | | | | | |Aventurero|
| | 32.5| 32.9| 0.4| 3.87| 71| 5.17| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0885| | | | | 307| |Aventurero|
| | 170.9| 172.0| 1.2| 2.51| | 8.09| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0887| | | | | | |Aventurero|
| | 194.7| 195.5| 0.8| 16.50| 74| 17.84| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0887| | | | | | |Aventurero|
| | 236.4| 236.8| 0.4| 14.30| 63| 15.44| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0887| | | | | | |Aventurero|
| | 252.0| 255.0| 3.0| 1.59| 55| 2.60| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0887| | | | | | |Aventurero|
| | 272.0| 272.5| 0.5| 0.82| 83| 2.33| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0889| | | | | | |Aventurero|
| | 184.6| 185.3| 0.7| 0.56| 80| 2.02| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0889| | | | | | |Aventurero|
| | 186.0| 186.5| 0.5| 0.42| 90| 2.05| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0889| | | | | 138| |Aventurero|
| | 200.2| 201.3| 1.1| 1.32| | 3.83| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0889| | | | | 4,133| |Aventurero|
| | 208.3| 209.3| 1.0| 30.50| | 105.65| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0891| | | | | 120| |Aventurero|
| | 16.3| 17.1| 0.8| 1.12| | 3.30| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0891| | | | | | |Aventurero|
| | 94.6| 95.5| 0.9| 1.28| 71| 2.58| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0895| | | | | 237| |Aventurero|
| | 168.4| 168.9| 0.5| 0.58| | 4.89| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0895| | | | | 511| |Aventurero|
| | 174.9| 182.3| 7.4| 2.48| | 11.78| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1070| | | | | | |Aventurero|
| | 118.3| 119.2| 0.9| 1.73| 44| 2.53| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1071| | | | | | |Aventurero|
| | 113.3| 114.2| 0.9| 0.45| 98| 2.23| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1073| | | | | 364| |Aventurero|
| | 105.0| 105.8| 0.8| 2.01| | 8.63| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1074| | | | | 830| |Aventurero|
| | 126.0| 126.5| 0.5| 4.75| | 19.84| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1075| | | | | | |Aventurero|
| | 232.4| 233.4| 0.9| 0.94| 73| 2.27| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1076| | | | | 165| |Aventurero|
| | 244.0| 244.4| 0.5| 1.23| | 4.23| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0892| | | | | 350| | Rosario|
| | 23.8| 24.6| 0.9| 4.35| | 10.71| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0975| | | | | | | Rosario|
| | 34.6| 35.2| 0.6| 1.89| 12| 2.11| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0976| | | | | 101| | Rosario|
| | 295.2| 296.2| 1.0| 0.98| | 2.82| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0978| | | | | 117| | Rosario|
| | 15.5| 16.1| 0.6| 61.30| | 63.43| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0978| | | | | | | Rosario|
| | 128.9| 129.6| 0.7| 1.99| 15| 2.26| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0982| | | | | 206| | Rosario|
| | 139.2| 139.6| 0.4| 2.08| | 5.83| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0992| | | | | 199| | Rosario|
| | 133.0| 135.0| 2.0| 2.95| | 6.58| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1027| | | | | | | Rosario|
| | 5.8| 6.5| 0.7| 2.08| 73| 3.41| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1027| | | | | | | Rosario|
| | 7.6| 8.3| 0.6| 1.28| 61| 2.39| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1027| | | | | 222| | Rosario|
| | 120.6| 123.9| 3.3| 2.05| | 6.09| |
|_________|___________|______|______|__________|____________|__________|__________|
|Including| | | | | 677| | Rosario|
| | 121.9| 122.4| 0.5| 7.40| | 19.71| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1028| | | | | 113| | Rosario|
| | 269.5| 269.9| 0.4| 1.05| | 3.11| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1015| | | | | | | San Jose|
| | 119.1| 120.1| 1.1| 0.79| 82| 2.28| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1016| | | | | | | San Jose|
| | 136.9| 137.8| 1.0| 2.61| 21| 2.99| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1017| | | | | | | San Jose|
| | 102.6| 104.7| 2.1| 1.11| 91| 2.76| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1017| | | | | 119| | San Jose|
| | 107.8| 109.0| 1.3| 6.45| | 8.61| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1018| | | | | 384| | San Jose|
| | 129.9| 131.1| 1.3| 4.70| | 11.69| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1018| | | | | 116| | San Jose|
| | 134.6| 135.5| 0.8| 0.05| | 2.16| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1021| | | | | | | San Jose|
| | 123.0| 123.4| 0.4| 12.75| 7| 12.88| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1022| | | | | 261| | San Jose|
| | 107.2| 108.0| 0.8| 0.09| | 4.84| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1023| | | | | 150| | San Jose|
| | 78.9| 79.3| 0.4| 39.80| | 42.53| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1023| | | | | 336| | San Jose|
| | 127.0| 127.5| 0.5| 0.39| | 6.50| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1024| | | | | | | San Jose|
| | 48.6| 49.6| 0.9| 1.29| 76| 2.68| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1024| | | | | 304| | San Jose|
| | 119.4| 121.3| 1.8| 3.12| | 8.66| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1025| | | | | 167| | San Jose|
| | 83.5| 83.9| 0.5| 5.54| | 8.58| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1025| | | | | 189| | San Jose|
| | 115.6| 116.6| 1.0| 0.09| | 3.53| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1026| | | | | 145| | San Jose|
| | 9.0| 9.5| 0.4| 4.09| | 6.73| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1026| | | | | | | San Jose|
| | 136.1| 137.0| 0.8| 1.30| 44| 2.10| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1026| | | | | 631| | San Jose|
| | 139.5| 143.0| 3.5| 5.14| | 16.61| |
|_________|___________|______|______|__________|____________|__________|__________|
|Including| | | | | 908| | San Jose|
| | 141.0| 143.0| 2.0| 6.23| | 22.74| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1094| | | | | 190| | San Jose|
| | 110.4| 111.9| 1.4| 1.46| | 4.92| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1094| | | | | | | San Jose|
| | 114.1| 114.9| 0.9| 0.46| 97| 2.22| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0826| | | | | | | Santa|
| | 276.7| 277.9| 1.2| 4.36| 15| 4.64| Eduviges|
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1030| | | | | | | Santa|
| | 269.3| 272.1| 2.9| 1.35| 50| 2.27| Eduviges|
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1033| | | | | 171| | Santa|
| | 169.5| 171.7| 2.2| 4.80| | 7.92| Eduviges|
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1033| | | | | | | Santa|
| | 180.8| 182.1| 1.3| 0.95| 67| 2.17| Eduviges|
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1034| | | | | | | Santa|
| | 229.6| 230.3| 0.8| 2.10| 1| 2.12| Eduviges|
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1035| | | | | | | Santa|
| | 180.0| 181.3| 1.3| 6.42| 23| 6.85| Eduviges|
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1035| | | | | | | Santa|
| | 187.1| 188.5| 1.4| 3.39| 14| 3.65| Eduviges|
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0948| | | | | 244| | San Amado|
| | 179.1| 181.1| 2.0| 20.77| | 25.20| |
|_________|___________|______|______|__________|____________|__________|__________|
|Including| | | | | 598| | San Amado|
| | 179.1| 179.8| 0.7| 57.90| | 68.77| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-0951| | | | | | | San Amado|
| | 160.5| 162.0| 1.6| 4.00| 24| 4.43| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1052| | | | | 266| | San Amado|
| | 189.3| 189.8| 0.5| 5.03| | 9.87| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1055| | | | | | | San Amado|
| | 72.3| 73.1| 0.8| 3.09| 1| 3.10| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1056| | | | | | | San Amado|
| | 150.0| 150.8| 0.9| 3.52| 4| 3.59| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1056| | | | | | | San Amado|
| | 156.4| 157.4| 1.0| 5.13| 97| 6.90| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1057| | | | | | | San Amado|
| | 194.9| 195.4| 0.4| 5.77| 67| 6.98| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1063| | | | | 724| | San Amado|
| | 151.9| 153.2| 1.3| 41.71| | 54.88| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1064| | | | | | | San Amado|
| | 162.4| 162.8| 0.5| 34.20| 68| 35.43| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1067| | | | | 727| | San Amado|
| | 191.3| 192.0| 0.7| 51.20| | 64.42| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1089| | | | | | | El Rayo|
| | 183.2| 183.6| 0.4| 1.91| 9| 2.08| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1090| | | | | | | El Rayo|
| | 160.3| 160.8| 0.4| 2.08| 5| 2.17| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1092| | | | | | | El Rayo|
| | 150.6| 151.0| 0.4| 2.21| 3| 2.27| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1093| | | | | | | El Rayo|
| | 147.7| 148.3| 0.6| 3.78| 3| 3.84| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1140| | | | | 993| | El Rayo|
| | 196.7| 197.3| 0.6| 19.10| | 37.16| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1141| | | | | | | El Rayo|
| | 146.3| 147.1| 0.8| 5.15| 38| 5.84| |
|_________|___________|______|______|__________|____________|__________|__________|
| OU-1150| | | | | | | El Rayo|
| | 229.7| 230.2| 0.5| 4.44| 13| 4.67| |
|_________|___________|______|______|__________|____________|__________|__________|
Note: The Ocampo underground exploration information has been reviewed
by Qualified Person, Mr. Ian Hardesty. All gold sample analyses for
Ocampo were performed by Chemex Laboratories, based in Vancouver,
British Columbia, using standard fire assay procedures, with an AA
finish. Silver is analyzed using a four-acid digestion with ICP finish,
and fire assays for samples over 100 grams per tonne silver. The
Company maintains a Quality Assurance - Quality Control program
including the insertion of commercial control reference pulps and
blanks in all its drill programs, along with a dedicated QA-QC engineer
to monitor results. Sample lengths are not necessarily true widths.
Table 2: Significant New Ocampo Surface Drilling Results, 2011
(Above 0.30 grams per tonne gold equivalent)
____________________________________________________________________
| Drill |From | To |Length |Gold |Silver |AuEq(55) | Vein|
| Hole | (m) | (m) | (m) |(gpt)| (gpt) | (gpt) | |
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1263 | 50.1| 50.6| 0.5| 4.36| 0| 4.36| Altagracia|
| | | | | | | | Bajo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1263 | 62.2| 95.0| 32.9| 0.25| 13| 0.48| Altagracia|
| | | | | | | | Bajo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including| 71.7| 75.5| 3.8| 1.17| 85| 2.71| Altagracia|
| | | | | | | | Bajo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1269 | 57.2| 61.6| 4.4| 0.38| 36| 1.04| Altagracia|
| | | | | | | | Bajo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1269 | 80.4| 90.0| 9.6| 2.97| 281| 8.08| Altagracia|
| | | | | | | | Bajo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including| 82.9| 88.0| 5.1| 5.28| 504| 14.45| Altagracia|
| | | | | | | | Bajo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1248 | 73.2| 73.8| 0.6| 1.07| 82| 2.56| Altagracia|
| | | | | | | | Lower|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1231 | 28.5| 33.0| 4.5| 0.20| 11| 0.40| Altagracia|
| | | | | | | | Mina|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1231 | 74.2| 75.2| 1.0| 1.67| 15| 1.94| Altagracia|
| | | | | | | | Mina|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1235 | 85.3| 87.0| 1.7| 2.73| 18| 3.05| Altagracia|
| | | | | | | | Mina|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1243 | 30.3| 30.8| 0.5| 2.05| 7| 2.18| Altagracia|
| | | | | | | | Mina|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1243 | 37.0| 37.5| 0.5| 5.94| 9| 6.10| Altagracia|
| | | | | | | | Mina|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1243 | 42.4| 42.9| 0.6| 1.56| 5| 1.65| Altagracia|
| | | | | | | | Mina|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1243 | 60.3| 72.0| 11.7| 0.59| 14| 0.84| Altagracia|
| | | | | | | | Mina|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including| 65.0| 66.7| 1.7| 3.36| 52| 4.30| Altagracia|
| | | | | | | | Mina|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1260 |102.6|131.2| 28.6| 0.49| 24| 0.93| Altagracia|
| | | | | | | | Mina|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including|110.0|114.0| 4.0| 1.29| 41| 2.04| Altagracia|
| | | | | | | | Mina|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1260 |144.0|150.0| 6.1| 0.13| 12| 0.35| Altagracia|
| | | | | | | | Mina|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1264 | 13.8| 14.3| 0.5| 2.55| 9| 2.71| Aventurero|
| | | | | | | | Nivel 2|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1264 | 28.0| 28.5| 0.5| 0.95| 33| 1.55| Aventurero|
| | | | | | | | Nivel 2|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1273 | 30.8| 34.7| 3.9| 1.19| 7| 1.32| Aventurero|
| | | | | | | | Nivel 2|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1273 | 38.5| 62.4| 23.9| 1.03| 35| 1.67| Aventurero|
| | | | | | | | Nivel 2|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including| 40.8| 43.2| 2.4| 5.83| 89| 7.46| Aventurero|
| | | | | | | | Nivel 2|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1273 | 61.4| 62.4| 1.1| 1.96| 115| 4.05| Aventurero|
| | | | | | | | Nivel 2|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1277 | 42.0| 50.5| 8.5| 0.27| 0| 0.28| Aventurero|
| | | | | | | | Nivel 2|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1277 | 56.1| 56.7| 0.6| 1.32| 7| 1.44| Aventurero|
| | | | | | | | Nivel 2|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1277 | 79.8| 80.3| 0.5| 5.96| 173| 9.11| Aventurero|
| | | | | | | | Nivel 2|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1283 | 49.0| 70.8| 21.8| 0.59| 21| 0.96| Aventurero|
| | | | | | | | Nivel 2|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including| 54.3| 57.4| 3.1| 1.96| 36| 2.61| Aventurero|
| | | | | | | | Nivel 2|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1290 | 81.9| 82.8| 0.9|14.90| 24| 15.34| Aventurero|
| | | | | | | | Nivel 2|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1310 |129.7|130.6| 0.9| 5.28| 128| 7.61| Aventurero|
| | | | | | | | Nivel 2|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1310 |152.4|153.3| 0.9| 0.33| 122| 2.55| Aventurero|
| | | | | | | | Nivel 2|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1319 |139.0|139.5| 0.5| 7.78| 43| 8.55| Aventurero|
| | | | | | | | Nivel 2|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1321 |139.3|150.5| 11.2| 0.54| 28| 1.06| Aventurero|
| | | | | | | | Nivel 2|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including|139.9|141.7| 1.8| 1.77| 83| 3.28| Aventurero|
| | | | | | | | Nivel 2|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1238 | 35.5| 36.0| 0.5| 0.25| 39| 0.96|Aventurero SE|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1318 | 34.4| 35.4| 1.0| 1.12| 44| 1.92|Aventurero-SM|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1325 | 51.9| 62.0| 10.2| 0.38| 16| 0.67|Aventurero-SM|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1240 | 21.2| 23.0| 1.8| 1.24| 25| 1.69| Belen Alto|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1240 | 35.8| 36.4| 0.6| 0.86| 66| 2.06| Belen Alto|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1240 | 45.3| 63.3| 18.0| 0.35| 35| 0.99| Belen Alto|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including| 56.6| 58.2| 1.7| 1.03| 139| 3.55| Belen Alto|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1262 | 9.6| 10.1| 0.5| 1.56| 10| 1.74| Belen Alto|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1262 | 14.1| 15.0| 0.9| 0.10| 84| 1.63| Belen Alto|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1262 | 42.7| 47.4| 4.7| 0.08| 22| 0.47| Belen Alto|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1262 | 56.1| 65.3| 9.2| 0.53| 31| 1.09| Belen Alto|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including| 56.6| 57.1| 0.5| 1.75| 32| 2.32| Belen Alto|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including| 64.7| 65.3| 0.6| 0.20| 169| 3.27| Belen Alto|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1285 | 67.1| 68.2| 1.1| 0.29| 34| 0.90| Belen Alto|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1285 | 76.9|100.9| 24.0| 1.36| 77| 2.76| Belen Alto|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including| 77.9| 78.5| 0.6| 5.89| 239| 10.24| Belen Alto|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including| 85.8| 87.0| 1.2| 6.14| 300| 11.59| Belen Alto|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including| 95.0|101.5| 6.5| 2.40| 138| 4.91| Belen Alto|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1285 |106.8|107.6| 0.9| 0.75| 27| 1.24| Belen Alto|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1285 |114.2|114.7| 0.5| 1.63| 35| 2.27| Belen Alto|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1291 | 32.5| 43.2| 10.7| 1.36| 72| 2.66| Belen Alto|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including| 37.2| 40.8| 3.6| 3.41| 179| 6.67| Belen Alto|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1291 | 50.3| 51.5| 1.2| 0.49| 40| 1.22| Belen Alto|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1293 | 89.1|103.7| 14.6| 0.64| 42| 1.41| Belen Alto|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including| 89.1| 89.6| 0.5| 2.81| 67| 4.02| Belen Alto|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including| 96.1| 97.6| 1.5| 2.51| 36| 3.16| Belen Alto|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1296 | 24.8| 25.5| 0.6| 2.45| 99| 4.25| Belen Alto|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1296 | 41.7| 42.3| 0.6| 2.13| 93| 3.82| Belen Alto|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1266 | 70.5| 73.8| 3.3| 1.50| 144| 4.11| Belen Bajo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1266 | 73.8|102.0| 28.2| 0.52| 19| 0.85| Belen Bajo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including| 85.8| 87.0| 1.2| 7.13| 6| 7.24| Belen Bajo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1272A | 68.4|101.0| 32.6| 0.27| 71| 1.56| Belen Bajo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including| 73.9| 74.6| 0.7| 0.00| 301| 5.47| Belen Bajo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including| 82.6| 83.3| 0.7| 0.19| 232| 4.41| Belen Bajo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including| 92.9| 95.1| 2.2| 1.62| 543| 11.50| Belen Bajo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1295 | 45.0| 54.4| 9.5| 0.66| 37| 1.34| Belen Bajo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including| 50.5| 51.2| 0.6| 5.55| 217| 9.50| Belen Bajo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1295 | 59.0| 63.0| 4.0| 0.43| 24| 0.86| Belen Bajo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1299 |105.5|132.9| 27.4| 0.36| 40| 1.08| Belen Bajo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including|110.3|112.6| 2.3| 4.01| 93| 5.69| Belen Bajo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1307 | 66.0| 89.0| 23.0| 0.94| 115| 3.03| Belen Bajo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including| 80.3| 87.0| 6.7| 2.75| 349| 9.10| Belen Bajo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1315 | 70.5| 71.9| 1.5| 0.39| 32| 0.97| Belen Bajo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1315 | 87.2|116.9| 29.7| 0.14| 59| 1.21| Belen Bajo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1297 |252.0|252.6| 0.6| 0.92| 16| 1.21| Cizalla|
| | | | | | | | Aventurero|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1297 |270.9|273.4| 2.5| 2.85| 68| 4.09| Cizalla|
| | | | | | | | Aventurero|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1304 | 40.1| 42.2| 2.2| 4.05| 77| 5.46| Cizalla|
| | | | | | | | Aventurero|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1304 |174.8|176.2| 1.3| 3.93| 11| 4.13| Cizalla|
| | | | | | | | Aventurero|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1225 | 58.6| 66.0| 7.4| 0.07| 7| 0.21| Cubiro|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1225 | 66.0| 71.6| 5.7| 1.24| 26| 1.72| Cubiro|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including| 67.6| 70.1| 2.5| 1.65| 32| 2.22| Cubiro|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1236 | 35.8| 36.9| 1.1| 0.35| 56| 1.36| El Rayo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1323 | 34.8| 35.3| 0.5|61.80| 2030| 98.71| El Rayo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1323 | 35.3| 35.8| 0.5| 0.26| 20| 0.61| El Rayo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1323 | 48.8| 49.9| 1.1| 3.70| 8| 3.84| El Rayo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1324 | 27.3| 28.0| 0.6| 8.33| 7| 8.46| El Rayo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1324 | 29.0| 29.5| 0.5| 0.67| 48| 1.53| El Rayo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1324 | 29.5| 30.0| 0.5| 6.74| 338| 12.89| El Rayo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1331 | 96.7| 97.2| 0.5| 1.50| 71| 2.79| El Rayo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1331 | 98.5|100.3| 1.8|18.63| 1326| 42.74| El Rayo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1331 |104.5|105.0| 0.5| 1.38| 38| 2.08| El Rayo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1331 |105.8|106.3| 0.5| 2.03| 4| 2.10| El Rayo|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1265 | 65.5| 67.2| 1.7| 1.01| 25| 1.46| Jesus Maria|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1265 | 72.9| 85.4| 12.6| 0.61| 23| 1.03| Jesus Maria|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including| 76.3| 78.0| 1.7| 2.57| 72| 3.87| Jesus Maria|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1274 | 75.2| 75.7| 0.5| 2.03| 21| 2.41| Jesus Maria|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1274 |105.1|123.7| 18.6| 0.63| 7| 0.77| Jesus Maria|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including|120.0|123.7| 3.7| 1.68| 35| 2.32| Jesus Maria|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1282 | 71.4| 74.5| 3.2| 1.52| 0| 1.52| Jesus Maria|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1282 | 99.0|117.0| 18.0| 2.26| 41| 3.01| Jesus Maria|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including|106.8|109.8| 3.1| 8.77| 122| 10.99| Jesus Maria|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including|116.4|117.0| 0.7| 3.08| 18| 3.41| Jesus Maria|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1292 | 21.2| 24.0| 2.9| 2.20| 68.1| 3.40| Jesus Maria|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1292 | 86.6| 87.1| 0.5| 3.58| 104| 5.47| Jesus Maria|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1292 | 99.7|101.2| 1.5| 1.48| 30| 2.03| Jesus Maria|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1305 | 53.2| 53.8| 0.6| 2.01| 0| 2.01| Jesus Maria|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1305 | 64.1| 65.5| 1.5| 2.07| 0| 2.07| Jesus Maria|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1305 | 93.1| 94.8| 1.7| 6.32| 87| 7.90| Jesus Maria|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1309 | 17.3| 18.1| 0.8| 6.89| 23| 7.31| Jesus Maria|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1309 | 80.7| 81.7| 1.0| 1.10| 16| 1.39| Jesus Maria|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1304 | 40.1| 42.2| 2.2| 4.10| 77.0| 5.50|Maria-Molinas|
| | | | | | | | SW|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1304 |174.8|176.2| 1.3| 3.90| 11.0| 4.10|Maria-Molinas|
| | | | | | | | SW|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1311 |294.5|295.1| 0.6| 3.59| 44| 4.39|Maria-Molinas|
| | | | | | | | SW|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1300 |129.5|130.0| 0.6| 0.76| 58| 1.82| Picacho|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1300 |132.1|132.8| 0.7| 0.54| 54| 1.52| Picacho|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1313 | 21.5| 35.4| 13.9| 0.47| 21| 0.85| Picacho|
|_________|_____|_____|________|_____|_______|_________|_____________|
|Including| 32.8| 33.7| 0.9| 2.60| 123.0| 4.80| Picacho|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1313 | 32.8| 33.7| 0.9| 2.55| 123| 4.79| Picacho|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1313 |115.1|117.4| 2.3| 0.39| 51| 1.33| Picacho|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1288 |212.3|213.6| 1.4| 1.72| 268| 6.59|Santa Juliana|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1220 | 83.5| 91.3| 7.9| 0.50| 31.2| 1.10|Santa Librada|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1237 | 45.0| 46.0| 1.0| 8.47| 63| 9.62|Santa Librada|
|_________|_____|_____|________|_____|_______|_________|_____________|
|OG-1242 | 40.4| 59.6| 19.3| 0.00| 23.8| 0.50|Santa Librada|
|_________|_____|_____|________|_____|_______|_________|_____________|
Note: The Ocampo surface exploration information has been reviewed by
Qualified Person, Mr. Peter Drobeck. All gold sample analyses for
Ocampo were performed by ALS-Chemex Laboratories, based in Vancouver,
British Columbia, using standard fire assay procedures with an AA
finish. Silver is analyzed using a four-acid digestion with ICP finish,
and fire assays for samples over 100 grams per tonne silver. The
Company maintains a Quality Assurance - Quality Control program
including the insertion of commercial control reference pulps and
blanks in all its drill programs, along with a dedicated QA-QC engineer
to monitor results. Sample lengths are not necessarily true widths.
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/May2011/05/c9699.html
For further information please visit the Gammon gold website at www.gammongold.com or contact:
| Peter Drobeck Sr. VP Exploration & Business Development Gammon Gold Inc. 647-260-8880 | Anne Day Director of Investor Relations Gammon Gold Inc. 647-260-8880 |