Sky Metals Limited provided an update on exploration activities at the Cullarin Gold Project near Goulburn in NSW. A program of diamond drilling to test the strike and depth extent of the Hume high grade gold target is currently in progress. Four holes have been completed thus far as a test of the updated interpretation of the Hume high-grade target. High grade gold mineralisation in drillhole HUD013 is associated with intense silica dominant alteration and base metal sulphide mineralisation observed between 160-180m. This zone correlates with the predicted position of the Hume high grade structure supporting SKY's revised interpretation and exploration approach (Table 2). Strong silica dominant alteration was also noted between 40-45m, 77-88m and 112-116m which all have returned anomalous values of gold mineralisation. The remaining samples from drillhole HUD013 have been submitted for analysis and assay results are expected late October - early November. Samples from drillholes HUD014 & HUD015 (part) have also been submitted for analysis.