ActivEX Limited announced drill-program update at its Mt Hogan gold project. Diamond core drilling is now complete, and results of 1m sub sampling of 4m RC composite samples >0.2 g/t Au have been received from ALS and significant results shown below. The latest drill results were highlighted by the occurrence of visible gold in drill hole AMHDD31 at 120.24m.

Drill logging is yet to be finalized and assays are expected in 6-7 weeks The Mt Hogan historic gold mine is part of the Companies 100%-owned Gilberton gold project. Summary and Highlights: Two HQ diamond holes (AMHDD031 and 038) completed with RC pre-collars, for a total of 361.5m of drilling (and 165.7m of core). Visible gold observed in hole AMHDD31 at 120.24m.

The core drill holes were placed adjacent to the Mt Hogan Open Pit to intersect the multiple flat lying auriferous lode systems. Sites were chosen to replicate previous RC holes AMHRC031 and 038 that intersected the multiple auriferous lode system. Drill logging is underway, and results will be reported when finalized. 80x1m splits of original 4m composite RC samples were submitted to ALS in Townsville.

All visually significant RC intersections were submitted as 1m samples, and the remainder of the hole was sampled as 4m composite. Composite samples >0.2g/t Au are then resampled as 1m samples. Significant 1m split samples included (samples of earlier RC drilling only): AMHRC031 - 1m @1.44g/t Au (from 118m), AMHRC031B - 1m @2.02g/t Au (from 63m), AMHRC035 - 1m @3.27g/t Au (from 29m), AMHRC036 - 1m @3.38g/t Au (from 120m), 1m @2.84g/t Au (from 121m), 1m @0.67g/t Au (from 125m), AMHRC038B - 1m @1.81g/t Au (from 43m) Coming Up.

Field based exploration is underway at Dividend Gully lithium/tantalum prospect (Gilberton Project) and will comprise grid based soil sampling and rock sampling in the vicinity of the historical tantalum occurrences. 1012 ppm Li2O, 45.9ppm Cs and 0.14% Ba, 406ppm Li2O, 5.5ppm Cs and 580ppm Ba 52.6 Ag, 1.6% Bi, 0.4% Cu, 52.5ppm Mo, 22.9ppm Te and 0.25% Pb, A second phase of field based exploration is set to commence in early October at Georgetown Gold and Critical Element Project 7.0g/t Au, 306ppm Ag, 0.24% Cu, 12.3% Pb & 1.1% Mn, 0.28g/t Au, 19.6ppm Ag, 0.35% Cu, .27% Pb & 12.45% Mn.