Ann: Georgina Basin Update, page-7

This is looking very good for a discovery IMO with intersections of the right geology consistent with IOCG Systems in the area ! Really looking forward to more exploration results. Management seem very confident ——
MANAGEMENT COMMENT:

Greenvale Mining CEO, Matthew Healy, commented:“It is very encouraging that the inaugural exploration hole to be drilled at Twin Peaks West intersected not only the same rock types that host major IOCG deposits at Tennant Creek but also extensive hematite and chlorite alteration, which is associated with Tennant Creek-style IOCG deposits.“The Greenvale team on site has done an exceptional job in preparing for and supporting drilling operations. Drill core samples from the first hole will shortly be in transit to the lab for assay and the second hole, at Twin Peaks East, is well under way, cementing Greenvale’s status as a first mover in the district.“Drill-hole design on the central tenements is well advanced, and further target generation planned for over the wet season will see the pipeline of high-prospectivity IOCG targets grow, positioning Greenvale well to make the first discovery in the East Tennant region.”