• A new gold discovery in southeast Queensland
• 6m @ 3.85 g/t gold from initial wide spaced drill holes within a 1.7km x 0.5km wide previously untested gold corridor
• Six drill holes completed during the initial drilling program all intersecting gold mineralisation
• 15km² gold system masked by ~80% shallow cover (<10m)

Summary of significant drill intersections:

• TDH001
  1m @ 2.98 g/t Au and 5.7 g/t Ag from 127m
  6m @ 3.85 g/t Au and 10.0 g/t Ag from 188m
      • including 1m @ 21.5 g/t Au and 44.6 g/t Ag from 188m
  1m @ 8.30 g/t Au and 12.3 g/t Ag from 261m
  1m @ 5.37 g/t Au and 14.5g/t Ag from 298m
  1m @ 1.41 g/t Au and 8 g/t Ag from 375m
  
  
• TDH002
  1m @ 1.35 g/t Au from 20m
  4m @ 2.67 g/t Au and 5.4 g/t Ag from 264m
      • including 1m @ 8.19 g/t Au and 16.8 g/t Ag from 265m
  4m @ 1.21 g/t Au from 285m
  
  
• TDH003
  2m @ 0.72 g/t Au from 74m
  
  
• TDH004
  1m @ 5.98 g/t Au and 16.1 g/t Ag from 90m
  1m @ 1.02 g/t Au from 93m
  1m @ 1.52 g/t Au from 218m
  1m @ 1.21 g/t Au from 277m
  2m @ 1.98 g/t Au from 363m
  1m @ 2.10 g/t Au from 402m
  
  
• TDH005
  1m @ 1.28 g/t Au from 288m
  1m @ 5.02 g/t Au and 8.0 g/t Ag from 294m
  1m @ 2.48 g/t Au and 6.0 g/t Ag from 390m
  
  
• TDH006
  3m @ 1.77 g/t Au and 5.4 g/t Ag from 127m
  1m @ 1.10 g/t Au from 139m
  1m @ 3.33 g/t Au and 18.4 g/t Ag from 166m

Location of initial drilling program and surface rock chip gold geochemistry


Summary highlights of Roar’s drill results

Roar’s initial drill campaign at Triumph (July 2012) comprised six holes, totalling 2,134.6m and focused on a 1.7km trend identified from rock chip sampling and surface “IP” geophysics in 2011. The program was designed to test for gold mineralisation on three priority targets in the south of the newly defined ~15km² Triumph gold system.

In total, drilling returned 70 ≥1m intercepts at ≥0.1g/t gold which emphasises the broad nature of mineralisation. The results have confirmed gold mineralisation occurs in sheeted quartz-sulphide veins associated with an intrusive phase and remains open in all directions.

Tony Schreck, Director of Roar comments,

“We are very pleased with these results and the early success achieved from such a wide spaced initial drill programme on previously untested areas. These results confirm our interpretation that Triumph is an overlooked large gold mineralised hydrothermal system. The combination of higher and lower grade intercepts from the initial drilling and geophysical work is interpreted to represent the outer zones of a large scale system. Further drilling in our next phase of work will vector into hotter parts of this large system, targeting the definition of broader gold mineralisation. Furthermore, now we have well defined mineralisation controls we can apply them to our other high priority target areas.”

About the Triumph Project

Triumph is Roar’s flagship project and is focused around the Milton goldfield where historical mining, circa late 1800’s, yielded high grade gold. Mineralisation is hosted in a tonalite intrusive predominantly masked by shallow <10m cover sediments. The goldfield and surrounds are part of an underexplored 15km² hydrothermal gold system. Initial surface exploration by Roar returned rockchip results of up to 255 g/t gold and soils up to 4.67 g/t gold.

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