to View - E2 Metals
13th APRIL 2015
SHAREHOLDER UPDATE (APRIL)
Over the past two months the company has been steadily progressing on both the corporate and
also the operational front.
The company has now prepared a prospectus for lodgement with the Australian Securities and
Investment Commission for approval. This was a significant and time consuming process and the
final document will be sent to our shareholders and the public once approval is received. The aim is
to raise sufficient capital to meet admission criteria to list on ASX and subsequently advance our
companies gold projects in NZ and NSW.
On the operational side during February/ March the company completed all necessary site surveys
and prepared drilling pads at its Neavesville Epithermal Gold project in NZ. These drill pads were all
positioned for a diamond drilling program at the Ajax vein which has been mapped for
approximately 600m and had rock chips up to 1600 g/t Gold with only one historic drill hole which
4m @ 5.67 g/t Au from 25m inc 1m @ 15.08 g/t Au
The company has engaged DDH1 drilling and it is anticipated that drilling of Ajax will commence this
week. The program should run for several weeks and it is management’s intent to be able to release
assay results immediately upon listing on ASX.
A successful drill program at Ajax will be significant as it will add additional ounces to the existing
gold resource at Trigs Bluff of 289,000 ounces but also further confirm the geological epithermal
model. At present the feeder structures which are known for their high gold grades in epithermal
system’s have not been tested so the existing gold resource at Trigs Bluff is derived from higher up in
the system which is considered the lesser prospective area. Ajax shows all the indications it is a
feeder structure so we eagerly await drilling results from this current drilling program.
We will provide further updates for shareholders to the company website as the drilling program at
Neavesville progresses over coming weeks.
E2 METALS LIMITED
E2 METALS LIMITED
ACN 116 865 546
Level 4, 100 Albert Road, South Melbourne, Victoria, 3205
Phone: 03 9692 7222 Fax: 03 9077 9233 Website: www.e2metals.com.au