Leviathan Gold Ltd. announced that results have been received for the initial three holes of the drilling program at the Avoca project in the Victorian goldfields, Australia. The most prominent interval among results to date is 8.24 g/t Au over 6.63 meters from 161.95 meters, including 11.54 g/t over 1.83 meters and 82.1 g/t over 0.28 meters returned from hole EH003 drilled at the Excelsior Reef. This interval is believed to represent the down-dip continuation of mineralization observed in historic mine workings, and is characterized by intense quartz veining, visible gold, and enveloping sericitic alteration and base metal sulphides. On the basis of structural data gathered from EH003, as well as from other drill holes at Excelsior, a north-easterly plunging fabric - potentially representing the strike continuation of mineralization - is projected. This feature is presently the subject of further drill-testing. Additional drilling will also be required to determine the true thickness of mineralization. A total of 1,876 meters in 11 holes have been drilled at Excelsior to date. The balance of results is awaited and will be reported on in due course. Drilling at Excelsior forms part of a greater program of approximately 30,000 meters that Leviathan is currently deploying at Avoca and Timor. The Excelsior prospect is interpreted to host structurally controlled gold mineralization developed within quartz veins. Historic production records from Excelsior indicate the mining of 13,200 tons for 9,260 ounces of gold down an ore shoot to a depth of 100 meters at an average recovered grade of 22 g/t Au between 1909 and 19151, with said mineralization open to depth and along strike. Recent exploration work completed on Excelsior included surface sampling and mapping. Two soil sampling traverses were conducted at the western part of the prospect, one pf which crossed considerable quartz vein float. The outcrop of the reef is presently covered by mine tailings. The initial phase of drilling work by Leviathan, which is expected to comprise at least 5,000 meters of diamond drilling, has been designed to target near-surface strike and depth projections of mineralization around and beneath the Excelsior Reef.