There remains much opportunity at Maoling to further extend the boundaries of mineralization and expand currently identified resources. The Zone 1 mineralized trends remain open to the south and the Zone 4 mineralized trend is open to the southeast and northwest. Both zones remain open down-dip. Concurrent with Mundoro's work to advance Maoling through development, drilling programs will continue to assess the expansion potential of both Zone 1 and Zone 4 areas.
In late 2005, Mundoro was pleased to discover mineralization on the northwestern side of Zone 1 that appears to be an up-thrown block of the down-dip extension of Zone 1. Further drilling in this area will be conducted to determine how far this trend extends, and to ascertain any linkage between Zone 1 and Zone 4 mineralization.
The remaining blue-sky exploration potential throughout the Maoling property gives the Company the opportunity to expand the project well past its already 'world-class' size.
Mundoro has successfully increased the value of the Maoling Gold Project through exploration and development strategies over a relatively short time period, and anticipates similar performance over the course of 2006 and 2007.
