MKO Daily Chart 7/3/2011

MKO - small MC/EV in comparison with AUC

ANTHILL GOLD PROJECT

Metaliko completed a 21 hole (2010m) reverse circulation (RC) drilling program on its 

Anthill Gold Project in the Eastern Goldfields of Western Australia on the 8th

of November. The program has greatly exceeded the company’s expectations by 

defining two broad and consistent zones of gold mineralisation (Figure 2). The strike 

and depth extent of the mineralised zones remain largely open and further drilling is 

being planned to determine the ultimate lateral extent of the mineralised system. 

Results include:

• 49m at 1.24g/t gold from 107m to EOH, with aggregate meters of 

mineralisation in the hole of 81m starting at surface.

• 6m at 6.06g/t gold from 40m including 2m at 16.43g/t gold.

• 36m at 2.47g/t gold from 55m down hole, including 4m at 10.19g/t gold.

• 38m at 1.93g/t gold from 52m down hole.

• 21m at 1.52g/t gold from 94m.*

Metaliko Resources Ltd (“Metaliko” or ‘the Company”) is pleased to report that a second

RC drilling program at its Anthill Gold Project in the Eastern Goldfields of Western

Australia has intersected further very broad zones of gold mineralization with results

including:

 44m at 2.40g/t gold from 56m

Including 1m at 32.4g/t gold from 75m

 42m at 2.10g/t gold from 50m*

Including 3m at 11.59g/t gold from 69m

 38m at 1.93g/t gold from 52m*

 49m at 1.23g/t gold from 107m*

 32m at 1.81g/t gold from 89m

 24m at 1.53g/t gold from 50m*

 6m at 6.06g/t gold from 40m*

 15m at 2.34g/t gold from 46m

 21m at 1.64g/t gold from 36m*

 20m at 1.52g/t gold from 94m*

 19m at 1.47g/t gold from 49m

 11m at 2.33g/t gold from 89m to EOH

GOONGARRIE GOLD PROJECT

All 28 RC drill holes around the Goongarrie open pit have intersected gold mineralisation, with 

high grade values often within broader lower grade haloes. This has positive implications for a 

possible redevelopment of the pit. Intercepts include:

• 6m @ 5.71g/t Au from 45m including 2m @ 10.52g/t Au from 45m.

• 2m @ 5.88g/t Au from 34m.

• 1m @ 20.89g/t Au from 37m.

• 3m @ 5.89g/t Au from 11m.

• 2m @ 13.79g/t Au from 7m.

• 4m @ 7.81g/t Au from 7m including 1m @ 28.35g/t from 7m.

• 7m @ 4.87g/t Au from 8m including 1m @ 23.76g/t from 12m.

• 1m @ 5.12g/t Au from 37m.

No. of Ordinary shares 60,335,832
Unlisted Options 20,089,999 (20c,30/6/2014)
Unlisted Options 450,000 (30c, 6/12/2015)
Fully diluted no. of shares 80,875,831
Cash at 31/12/2010 $4,324,000
Expected Cash Outflow for 1Q2012 $900,000