Sheba: gold intersections in RAB and trenches

Plus-traded Sheba Exploration recently completed 300m of RAB drilling at the north end of the central Mereto gold soil anomaly in Ethiopia. About one quarter of the samples exceeded a 0.5 g/t cut-off to produce an average grade of 1.42 g/t gold, with individual values ranging up to a maximum of about 11 g/t over a metre. Last month over 900m of trenching was completed over two highly anomalous points of inflexion in the gold soil anomaly (where values exceed 500ppb), 1-2 kilometres south of the drilling site and samples are under process. At Sheba's other greenfield exploration licence (Shehagne) situated some 60km westwards, a second significant gold intersection grading 1.9 g/t gold over 12m was made 200m downstrike of a previously reported 4.3 g/t gold over 14m. For further details follow the link: http://www.plusmarketsgroup.com/cgi-bin/reports.cgi?action=DisplayReport&report=shebaoperationalreport23.pdf contact person: henry@shebaexploration.com