Drill Results - GoldBridges Global Resources Plc

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12 July 2011
Hambledon Mining plc
(“Hambledon” or “Company”)
Latest drilling results from Sekisovskoye Underground Project, Kazakhstan
Hambledon Mining plc (AIM: HMB), the Kazakhstan gold mining and development company, continues to
advance its underground drill programme to validate and expand the geological resources at Sekisovskoye, and
today reports the assay results of a further 12 drill holes.
Key assay results from the programme carried out during May and June 2011 are as follows:

29 drill holes completed to date, all have intersected gold mineralisation

150% increase in the average thickness of gold mineralisation

Over 4,800 metres drilled of planned 25,000 metre programme

Significant intersections include:

Hole D132 – 10m at 9.8 g/t Au, 11m at 2.61 g/t Au,

Hole D128 – 29m at 2.6 g/t Au, 11m at 4.5 g/t Au, 8.7m at 2.6 g/t Au

Hole D128.1 – 22m at 2.82 g/t Au, 34m at 2.71 g/t Au, 24m at 2.87 g/t Au, 5.4m at 9.6 g/t Au,

Hole D129 – 5.6m at 5.26 g/t Au, 12m at 2.2 g/t Au

Hole D126.1 – 10.3m at 5 g/t Au
To date, 29 drill holes have been completed and the results have confirmed the geometry of the resource and
validity of the current resource model. The analytical work was carried out in the Altai Ken-Bayitu laboratory
with independent assay verification undertaken by the Alex Stewart Group in Karabalta, Kyrgyzstan.
The Sekisovskoye deposit comprises approximately ten large mineralised zones intermingled with an additional
190 narrow and sinuous mineralised zones. The zones of mineralisation show wide variation in thickness from
0.35 metres to 30 metres with a new revised average of 5.5 metres and localised pinch and swell structure, with
variable gold and silver content. This increase in average width of mineralisation is significant as it is greater
than assay results received from drilling undertaken in the 1990s and historically by the Soviet exploration
programmes. These width extensions hence lead to an increased volume of economic mineral resources, and
enhance mine-ability and extraction.
The recent drilling has been aligned to the mine planning work for stope definition. This information is to be
used by Golders Associates in their current geological modelling of Sekisovskoye at 1.0 g/t Au cut of grade
boundary. This modelling forms the basis for the detailed mine engineering that is also being undertaken by
Golders. The Board expect to be able to update shareholders of the result of both studies together with its
mineable underground reserve statement in Q4 2011.
Tim Daffern, CEO, commented “Following on from the early encouraging results of the first 17 drill holes, we are
pleased to report additional assay results from a further 12 holes of our underground drill programme. It is
particularly pleasing to see an increase in the average thickness of gold mineralisation which, if continued along
the orebody, would increase the volume of economic mineral resources. The latest set of results are in line
with, and in some cases better than, our expectations.
Appendix 1
Sekisovskoye 2011 - Drill result summary hole 18 to hole 29.
COORDINATES
№
GOLD MINERALIZATION_ore intervals
DEPTH
HOLE
X
Y
Z
AZI
DIP
drilled
core
total
FROM
TO
226
-31
170.1
170.1
170.1
6.00
64.00
75.00
93.00
115
2
9
14
38
43
52
58
64
72
81
101
110
167
180
198
207
12
17
23
35
44
50
62
69
111.5
137.5
164.5
167.5
201.5
5
10
37
56
66
76
93
0
20
26
37
44
49
56
93
97
102
135
139
153
95
111
179
0
30
37
42
52
79
86
90
128
155
2
35
74
79
84
90
102
113.4
122
132
1
11
46
53
62
82
88
100
111
129
148
150
179
0
48
58
67
75
80
86
91
115
0
8
10
25
34
47
59
62
7.00
65.00
76.00
94.00
117
3
10
17
39
47
55
60
67
77
91
102
121
168
181
200
208
13
18
24
37
47
51
63
70
112.5
141.5
165.5
168.5
202.5
6
11
50
57
70
77
94
14
21
29
38
45
50
57
94
98
131
136
150
161.7
96
112
183
22
33
38
44
55
80
87
124
152
160.4
25
37
75
80
85
93
107
119
129
144.7
8
20
47
54
65
83
91
101
112
130
149
151
180
1
49
59
68
77
82.5
87
92
116
3
9
11
28
40
48
60
72.3
18
D76
7512.076
6936.655
324.24
19
D132
7568.109
6653.11
325.013
39
-52
219
219
219
7568.645
6653.06
325.384
42.5
-43
216
216
216
20
D131
21
D66.1
7453.572
6934.403
323.943
44
-63
136.8
136.8
136.8
22
D128
7610.455
6693.385
323.633
225
-79.5
161.7
161.7
161.7
23
D84
7559.281
6928.389
323.373
225
-45
184
184
184
24
D128.1
7610.375
6693.141
323.576
223.5
-67
160.4
160.4
160.4
25
D129
7610.41
6693.216
323.676
224
-54
151
151
151
26
D130
7608.602
6692.994
324.415
226
-32
125.8
125.8
125.8
27
D85
7559.279
6928.365
323.639
225
-29
199
199
199
28
D127
7572.081
6710.801
324.15
228.5
-29
124.4
124.4
124.4
29
D126.1
7576.253
6715.763
323.914
41
-43
164.9
164.9
164.9
Qualified Person
AA-AKB
LENGTH LAB, AU,
g/t
1.00
1.00
1.00
1.00
2
1
1
3
1
4
3
2
3
5
10
1
11
1
1
2
1
1
1
1
2
3
1
1
1
1
4
1
1
1
1
1
13
1
4
1
1
14
1
3
1
1
1
1
1
1
29
1
11
8.7
1
1
4
22
3
1
2
3
1
1
34
24
5.4
23
2
1
1
1
3
5
5.6
7
12.7
7
9
1
1
3
1
3
1
1
1
1
1
1
1
1
1
1
2
2.5
1
1
1
3
1
1
3
6
1
1
10.3
2.87
1.51
1.78
2
8.75
1.88
2.82
1.2
1.33
1.01
1.17
1.45
1.5
1.96
9.8
1.94
2.61
1.18
5
4.08
1.2
2.83
1.79
1.02
2.01
1.61
1.2
2.1
9.64
1
1.89
1.08
2.22
1.77
1
1.6
1.1
1.1
3.03
9.61
1.27
1.43
1.26
1
2.17
2.07
1.63
1.58
7.77
1.14
2.6
1.12
4.5
2.57
1.74
1.41
1.18
2.82
1.17
2.04
8.4
2.27
1.36
1.06
2.71
2.87
9.59
1.98
6.65
1.36
6.71
2.94
2.55
5.26
2.65
2.55
2.15
1.58
1.79
1.66
1.08
1.21
2.26
5.27
1
1.38
1.64
1.1
1.1
3.83
3.66
3.29
2.3
1.26
2.61
2.1
1.04
1.87
2.55
1.62
1.06
1.17
1.91
1
2.39
1.22
5
Information in this report relating to the exploration results is based on data reviewed by Timothy Daffern,
BEng, MBA, FIMMM, MIMMM, MCIM, Chartered Mining Engineer, Chief Executive Officer of Hambledon Mining
plc. Timothy Daffern has in excess of 22 years’ experience in mineral project development and evaluation
including exploration and is a Qualified Person under the AIM Rules.
ENQUIRIES:
HAMBLEDON MINING:
Telephone +44 (0)207 233 1462
Charles Zorab
FAIRFAX I.S. PLC (NOMAD AND BROKER):
Telephone +44 (0)207 598 5368
Ewan Leggat/Katy Birkin
TAVISTOCK COMMUNICATIONS:
Telephone +44 (0)207 920 3150
Ed Portman/Jos Simson
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