Metal Bank Limited provided the drilling update for the Bald Hill and Handbrake Hill prospects, Triumph Project in south-east Queensland, Australia. Results have been received at Bald Hill `west' where six Reverse Circulation (RC) holes were completed for 552m and at Handbrake Hill where two RC holes were completed for 120m. At Bald Hill, previous drilling by Metal Bank intersected near surface high grade gold mineralisation including 15m @ 10.3g/t Au. 76g/t Ag, 0.5% Cu from 9m. Results from recent RC drilling have intersected further high grade mineralisation defining the western extension of the Bald Hill mineralisation highlighting an additional 200m of strike concealed beneath 3m of cover sediments. Results include 3m @ 4.8g/t Au, 12g/t Ag from 18m. A diamond drilling programme (8 holes) to investigate the down plunge geometry of the Bald Hill mineralisation defined in the central portion of the prospect is expected to be completed in two weeks with results to follow in February 2017. At Handbrake Hill recent drilling has highlighted a significant underexplored high grade target zone coincident with a northwest trending magnetic low (>800m long) concealed beneath shallow cover sediments. Only three drill holes have been completed on the prospect to date. All have intersected mineralisation including up to 1m @ 6.1g/t Au, 14g/t Ag, 0.8% Zn from 39m in MBK's recent drilling (within a broad mineralised envelope) and 3m @ 10.5g/t Au, 23g/t Ag, 0.6% Zn from 31m from a historical (2007) RC drill hole completed 600m to the southeast on the same magnetic low trend. The Bald Hill gold system can now be traced for >2.5km, however 800m of this strike length traverses the northern tip of a National Park ("NP") and is excluded from MBK's tenement. MBK has recently received approval to conduct drilling activities up to the NP boundary after applying to have the previous 300m buffer zone reduced. This now opens up significant untested extensions to the Bald Hill mineralised trend either side of the NP. Historical rock chips on the eastern side of the NP returned high grade gold and silver including up to 180g/t Au and 170g/t Ag reported (1980's exploration) with little exploration follow-up. Four shallow historical drill holes completed on the structure (all now situated within the NP) intersected >1g/t Au results including a best result of 2m @ 6.7g/t Au, 8g/t Ag from 7m. With removal of the buffer, MBK will undertake detailed mapping and surface geochemistry sampling along an additional 5km of the Bald Hill trend representing the first exploration in 30 years to be completed over this underexplored portion of the Bald Hill structure. Drilling completed at Handbrake Hill targeted a small basement window exposed through shallow cover sediments where two rock chip grab samples of weathered/leached mineralisation outcrop returned high grade gold results of 16g/t Au and 13g/t Au. Mineralisation is coincident with an 800m long northwest trending magnetic low interpreted to represent potential hydrothermal alteration. The alteration target (>800m) is concealed beneath shallow cover apart from the small exposure of high grade mineralisation in the basement window. Historical drilling on the southern end of the target returned 3m @ 10.5g/t Au, 23g/t Ag, 0.6% Zn from 31m (2007). Additional drilling will be planned on Handbrake Hill as well as testing of other adjacent geophysical targets beneath the shallow cover. These changes now open up additional priority targets on the project including the extensions of the Bald Hill mineralisation with further exploration planned in preparation for drilling. The Triumph gold camp is an intrusion related gold system of the type encountered in a number of large systems in Queensland such as Kidston (3.7Moz Au), Mt Leyshon (3.5Moz Au), Ravenswood (3Moz Au) and Mt Wright (1.3Moz Au). The New Constitution high grade mineralisation (Au-Ag-Zn) and the Bald Hill high grade mineralisation (Au-Ag-Cu) are both interpreted to occur peripheral to the `mineralising source intrusive'.