Gold Anomaly Limited (ASX:GOA) Sao Chico Project, Brazil - Kenai Resources Drilling Programme Update

Sydney, Oct 4, 2011 AEST (ABN Newswire) - Gold Anomaly Limited (ASX:GOA) is pleased to provide an update on the Sao Chico Project, Brazil.

As previously advised:

1. Toronto Stock Exchange Venture Exchange - listed Kenai Resources Limited ("Kenai") (CVE:KAI) provides project management advisory services to Gold Anomaly Limited ("GOA") for the Sao Chico Project in Brazil ("the Project");

2. Kenai has:

(i) an option to acquire 50% of GOA's wholly owned Brazilian subsidiary which holds the mineral project rights to the Project; and

(ii) a further option to acquire an additional 25% interest on certain terms and conditions.

Drilling Update

The first three diamond drillholes (11-SC-001 to 003, to downhole depths of 86.2meters, 80.5meters and 111.9 meters respectively) have now been completed. In the third hole, a 300mm wide quartz vein with massive abundant pyrite was intersected at 92 meters downhole depth, flanked by smaller veins with massive observed pyrite and some galena. The third hole is located close to the western end of the Waldimiro Vein from which high grade underground sample assays were reported by Kenai on August 31st.

Please find attached an announcement released by Kenai to the TSX-V yesterday (see link at the bottom) which provides an update on the drilling programme at the Project and advises details of the resolution of landowner disputes relating to the Project.

The announcement released by Kenai can be viewed at:
http://media.abnnewswire.net/media/en/docs/ASX-GOA-235765.pdf

Contact

John Lemon Company Secretary Gold Anomaly Limited Ph: +61-2-9241-4224