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Last Hope Target

  • Carlisle recently acquired a two year option on the Last Hope Project
  • Historical resources (non 43-101 compliant) were estimated in 1992 at 888,000 tonnes of 9.4 g/t for 270,000 oz
  • Historical drilling has significant depth potential as the resource estimate was only calculated to a depth of approximately 150m
  • Several holes intersected high grade material below 400m
  • Majority of historical drill core intact and available at the mine site
  • 2011 program includes re-assaying of historical core
  • New NI 43-101 to be completed in Q4 2011

Long Section through the Last Hope deposit with historical drill intercepts. Click to enlarge.