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Eleckra Mines Limited [ASX: EKM] - More High Grade Gold in Soil Samples at Hann Prospect



Eleckra Mines Limited Page 1 of 7
3 May 2010
Company Announcements Office
Australian Securities Exchange
Level 4
20 Bridge Street
SYDNEY NSW 2000
Dear Sir / Madam
More High Grade Gold in Soil Samples at Hann Prospect
Eleckra Mines Limited ("Eleckra") (ASX: EKM) is pleased to announce that high gold results of up to 19 g/t Au were returned from the second batch of assays from the channel soil survey carried out in February and March 2010 at the Hann prospect at its 100%-owned Yamarna Gold Project.

The Yamarna Project is located approximately 150 kilometres east of Laverton on the eastern edge of the Yilgarn Craton and within the Yamarna Greenstone Belt.
Eleckra is currently drilling at the high-grade Central Bore prospect and as part of this program intends to carry out its maiden RC drilling program at the neighbouring Hann and Byzantium prospects.
On 8th February 2010, Eleckra announced that a strong 2.8 kilometre-long gold anomaly had been Identified at Hann Prospect 1.1 kilometres east of the Attila Gold Deposit and 2.4 kilometres west of the Central Bore gold discovery in a parallel magnetic structure.

(Refer to Figure 1 and 2.) The soil geochemical program defined three parallel zones with elevated gold values consistent with the presence of coarse gold in soil samples.
On 12 April 2010, Eleckra announced that in order to better define the target area it carried out detailed 1-metre-channel soil sampling over selected gold anomalies identified in the December 2009 survey at the Hann southern grid.

The first batch of 988 samples returned excellent gold assay results with up to 361g/t Au (429g/t Au in repeat assay), 16g/t Au, 8.4g/t Au, 2.1g/t Au and 1.3g/t Au, each over 1 metre sample intervals.
The results of the second batch of 827 samples recently received returned grades as impressive as the first batch with up to 19g/t Au, 3.5g/t Au (in repeat assay), 2.3g/t Au, and 1.1g/t Au.
These results confirm the existence of numerous mineralised zones and the presence of coarse gold at Hann prospect (Refer to Figure 3 and Table 1 & 2).

The width and length of the anomalous zones and the high-grade gold results in the soil survey at Hann provide substantial encouragement for locating further high grade gold mineralisation and represent an immediate high priority drilling target.

The maiden RC drilling program at Hann prospect will systematically test these anomalies within the next few weeks.
Figure 1.

Prospect Location Map overlaid on the Magnetics
Eleckra Mines Limited Page 2 of 7
Figure 2.

Image of Levelled for Regolith Gold Anomalies from the December 2009 Soil Survey at Hann Prospect
Eleckra Mines Limited Page 3 of 7
Figure 3.

Profiles of 1-metre-channel Soil Infill Survey Batch 1 & 2 at Hann Prospect.

Note: 1ppm = 1/g/t Au.

Original first assay was used for plotting Profiles.
Eleckra Mines Limited Page 4 of 7
Table 1.

Summary of best 1-metre-intervals > 1000ppb Au (1.0g/t Au or 1.0ppm Au) from Soil Infill Survey 1st Batch at Hann Prospect
SampleID
AMG_East
AMG_North
Line_No
Au_ppb
Au_Rp1_ppb
Au_Rp2_ppb
Au_Rp3_g/t
Au_Rp4_g/t
10S1570
566528
6883400
1
848
0.44
0.81
10S1731
566486
6883480
3
328
0.47
10S1749
566504
6883480
3
110
34
81
10S1773
566607
6883480
3
131
765
34
10S1779
566613
6883480
3
1,234
0.11
0.05
10S1791
566625
6883480
3
136
86
79
10S1793
566627
6883480
3
206
209
0.14
10S1794
566628
6883480
3
125
64
10S1801
566635
6883480
3
112
93
10S1802
566636
6883480
3
396
334
10S1804
566638
6883480
3
258
0.18
0.24
10S1833
566546
6883520
4
130
10S1839
566552
6883520
4
133
10S1867
566580
6883520
4
254
0.02
10S1871
566584
6883520
4
242
10S1897
566610
6883520
4
286
0.17
0.14
10S1898
566611
6883520
4
338
0.46
0.21
10S1899
566612
6883520
4
417
0.25
1.56
10S1900
566613
6883520
4
264
1.23
0.17
10S1903
566616
6883520
4
108
10S1904
566617
6883520
4
112
10S1906
566619
6883520
4
891
0.1
0.08
10S1907
566620
6883520
4
157
10S1913
566626
6883520
4
234
10S1916
566629
6883520
4
133
10S1920
566633
6883520
4
360,577
428.71
10S1921
566634
6883520
4
1,191
1.14
10S1922
566635
6883520
4
16,034
14.64
8.21
10S1923
566636
6883520
4
139
0.28
0.04
10S1924
566637
6883520
4
1,054
0.47
0.54
10S1926
566639
6883520
4
1,281
0.08
0.18
10S1927
566640
6883520
4
303
0.25
0.31
10S1934
566647
6883520
4
139
10S1940
566653
6883520
4
403
0.02
0.02
10S1945
566658
6883520
4
181
10S1949
566421
6883560
5
173
10S1970
566442
6883560
5
111
10S1981
566453
6883560
5
103
10S1999
566530
6883560
5
157
10S2005
566536
6883560
5
128
10S2030
566561
6883560
5
152
10S2034
566565
6883560
5
214
10S2036
566567
6883560
5
280
0.04
0.03
10S2040
566571
6883560
5
656
0.04
0.53
10S2044
566575
6883560
5
117
10S2045
566576
6883560
5
221
10S2049
566580
6883560
5
156
10S2092
566623
6883560
5
8,404
0.13
0.43
Eleckra Mines Limited Page 5 of 7
Table 1.

Summary Continuation
SampleID
AMG_East
AMG_North
Line_No
Au_ppb
Au_Rp1_ppb
Au_Rp2_ppb
Au_Rp3_g/t
Au_Rp4_g/t
10S2117
566407
6883600
6
146
10S2135
566425
6883600
6
284
0.6
0.76
10S2138
566428
6883600
6
191
10S2148
566438
6883600
6
281
0.19
0.01
10S2166
566456
6883600
6
102
10S2226
566516
6883600
6
132
10S2228
566518
6883600
6
116
10S2237
566527
6883600
6
105
10S2240
566530
6883600
6
237
0.31
0.27
10S2246
566536
6883600
6
156
10S2251
566541
6883600
6
117
10S2253
566543
6883600
6
243
0.04
0.06
10S2270
566560
6883600
6
134
10S2274
566564
6883600
6
181
10S2277
566567
6883600
6
147
10S2278
566568
6883600
6
151
10S2281
566571
6883600
6
402
0.28
0.13
10S2291
566581
6883600
6
255
0.75
0.09
10S2293
566583
6883600
6
221
0.03
0.14
10S2296
566586
6883600
6
660
0.04
0.04
10S2306
566596
6883600
6
961
0.76
1.12
10S2320
566610
6883600
6
304
0.41
0.24
10S2340
566389
6883640
7
122
10S2356
566405
6883640
7
103
10S2367
566416
6883640
7
147
3.08
0.54
10S2381
566489
6883640
7
129
10S2393
566501
6883640
7
117
10S2396
566504
6883640
7
664
0.12
0.1
10S2414
566522
6883640
7
124
10S2442
566550
6883640
7
237
0.18
0.1
10S2444
566552
6883640
7
730
1.06
0.61
10S2474
566461
6883680
8
108
10S2481
566468
6883680
8
163
0.19
0.22
10S2495
566482
6883680
8
147
0.02
0.08
10S2513
566500
6883680
8
2,102
0.65
0.07
10S2514
566501
6883680
8
242
0.15
1.64
10S2520
566507
6883680
8
133
10S2527
566514
6883680
8
181
0.19
0.11
10S2528
566515
6883680
8
661
0.48
0.35
10S2529
566516
6883680
8
192
0.06
0.07
10S2534
566521
6883680
8
143
10S2547
566534
6883680
8
773
1.46
1.12
Eleckra Mines Limited Page 6 of 7
Table 2.

Summary of best 1-metre-intervals > 100ppb Au (0.1g/t Au) from Soil Infill Survey 2nd Batch at Hann Prospect
SampleID
AMG_East
AMG_North
Line_No
Au_ppb
Au_Rp1_g/t
Au_Rp2_g/t
10S2618
566,444
6,883,720
9
133
10S2625
566,451
6,883,720
9
199
0.04
0.07
10S2642
566,468
6,883,720
9
146
10S2653
566,479
6,883,720
9
869
0.35
0.36
10S2654
566,480
6,883,720
9
126
10S2659
566,485
6,883,720
9
150
10S2660
566,486
6,883,720
9
162
10S2661
566,487
6,883,720
9
101
10S2662
566,488
6,883,720
9
198
0.14
10S2663
566,489
6,883,720
9
246
0.18
10S2664
566,490
6,883,720
9
2,288
1.53
10S2665
566,491
6,883,720
9
545
0.28
0.44
10S2666
566,492
6,883,720
9
141
10S2668
566,494
6,883,720
9
109
10S2671
566,497
6,883,720
9
396
0.29
10S2673
566,499
6,883,720
9
305
0.23
10S2674
566,500
6,883,720
9
103
10S2675
566,501
6,883,720
9
141
10S2676
566,502
6,883,720
9
143
10S2689
566,515
6,883,720
9
232
0.12
3.45
10S2691
566,517
6,883,720
9
200
0.03
0.06
10S2696
566,522
6,883,720
9
265
0.60
0.02
10S2703
566,529
6,883,720
9
277
0.12
0.04
10S2711
566,537
6,883,720
9
120
10S2750
566,415
6,883,760
10
136
10S2751
566,416
6,883,760
10
180
10S2762
566,427
6,883,760
10
139
10S2774
566,439
6,883,760
10
159
10S2775
566,440
6,883,760
10
896
1.00
10S2778
566,443
6,883,760
10
113
10S2781
566,446
6,883,760
10
141
10S2784
566,449
6,883,760
10
160
10S2787
566,452
6,883,760
10
188
0.16
10S2790
566,455
6,883,760
10
103
10S2793
566,458
6,883,760
10
174
10S2797
566,462
6,883,760
10
166
10S2799
566,464
6,883,760
10
107
10S2800
566,465
6,883,760
10
156
10S2802
566,467
6,883,760
10
108
10S2805
566,470
6,883,760
10
124
10S2808
566,473
6,883,760
10
143
10S2813
566,478
6,883,760
10
282
0.30
10S2817
566,482
6,883,760
10
177
10S2825
566,490
6,883,760
10
232
0.18
10S2826
566,491
6,883,760
10
110
10S2827
566,492
6,883,760
10
319
0.32
Eleckra Mines Limited Page 7 of 7
Table 2.

Summary Continuation
SampleID
AMG_East
AMG_North
Line_No
Au_ppb
Au_Rp1_g/t
Au_Rp2_g/t
10S2829
566,494
6,883,760
10
152
10S2830
566,495
6,883,760
10
190
0.14
10S2839
566,504
6,883,760
10
135
10S2887
566,391
6,883,800
11
116
10S2911
566,415
6,883,800
11
103
10S2912
566,416
6,883,800
11
114
10S2915
566,419
6,883,800
11
131
10S2921
566,425
6,883,800
11
145
10S2932
566,436
6,883,800
11
170
10S2967
566,471
6,883,800
11
189
10S3008
566,512
6,883,800
11
1,099
0.05
0.1
10S3011
566,515
6,883,800
11
106
10S3013
566,517
6,883,800
11
118
10S3018
566,522
6,883,800
11
614
0.02
0.05
10S3022
566,526
6,883,800
11
248
0.28
10S3024
566,528
6,883,800
11
121
10S3031
566,535
6,883,800
11
328
0.05
0.04
10S3032
566,536
6,883,800
11
19,521
0.86
3.6
10S3037
566,541
6,883,800
11
142
10S3039
566,543
6,883,800
11
448
0.18
0.09
10S3090
566,393
6,883,840
12
134
10S3098
566,401
6,883,840
12
191
10S3100
566,403
6,883,840
12
102
10S3113
566,416
6,883,840
12
350
0.25
10S3116
566,419
6,883,840
12
276
0.34
10S3137
566,440
6,883,840
12
189
10S3145
566,448
6,883,840
12
165
10S3175
566,478
6,883,840
12
397
1.63
1.12
10S3285
566,367
6,883,880
13
131
10S3296
566,378
6,883,880
13
100
Yours sincerely
IAN MURRAY
Executive Chairman
Telephone: +61 (0) 438 384 735
www.eleckramines.com.au
NOTES:
The information in this report which relates to Exploration Results, or Mineral Resources is based on information compiled by Ziggy Lubieniecki, the General Manager of Eleckra Mines Limited, who is a Member of the Australasian Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists.

Ziggy Lubieniecki has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration to qualify as a Competent Person as defined in the 2004 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves".

Ziggy Lubieniecki consents to the inclusion in the report of the matters based on this information in the form and context in which it appears.




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