Ann: Exploration to Ramp up at Kookynie Gold Project, page-3

HIGHLIGHTS
• Exploration at the Kookynie Gold Project to be accelerated following recent execution of a term-sheet
with our JV partner to increase Metalicity’s (MCT) interest in the JV to 80%1.
• MCT is looking forward to advancing development of the Kookynie and Yundamindra projects, upon
approval by the JV Management Committee.
• MCT has drilled a number of exceptional holes at Kookynie including:
o 5m @ 25.9g/t Au from 28m (McTavish) 2
o 6m @ 20.6g/t Au from 19m (McTavish) 2
o 2m @ 59.9g/t Au from 147m (Leipold)3
o 4m @ 26.9g/t Au from 65m (Leipold)4
• Several greenfields and brownfields exploration targets have been reviewed and re-interpreted.
• Initial targets will include Wandin and Mulga Plum with scope to expand to other brownfields targets
at Kookynie.
• Existing Programme of Works (POW) will be utilized where possible in conjunction with new POW
applications for all planned drilling activities