ann out sulphide nickel project

FIRST EXPLORATION UPGRADES THE WADI KAMAL
SULPHIDE NICKEL PROJECT

Highlights:

• Gossan samples from Wadi Kamal Ni & PGE project assay 1% Ni & 0.4% Cu and appear to be formed from weathered nickel sulphide mineralization

• The largely intact Ultra Mafic (UM) /Mafic sequence was S-saturated throughout the life of the intrusion, a strong indicator of Ni-Cu sulphide potential

• A high priority area of 20 sq km’s identified where the basal contact is within 300m of the surface

• Geophysics has identified two strong SP/mag/Turam (EM) anomalies and 8 input (EM) anomalies in this area, all of which remain untested

• Historical drilling (KMS1) returned 17m @ 0.5% Ni and 0.2% Cu and the drillhole was terminated 30-50m prior to intersecting the Basal Contact

• The size, intact nature and observed sulphides within the intrusion highlight the potential to host significant nickel sulphide deposits