Ann: Encouraging New Targets Identified on Kitlanya West Project, page-3

The targets generated from the current phase of work will be further prioritised using the recently completed Airborne Gravity Gradient (AGG) survey data which is expected to provide information on basin architecture, structure and potential trap-site targets for copper-silver deposits. Priority targets
will then be drill tested using a combination of RC and diamond drilling.

Commenting on the KITW results, Adam Wooldridge, Cobre’s Chief Executive Officer, said:
“The KITW project offers enormous potential for new discoveries in the KCB. We’re particularly encouraged by the evidence of mineralisation associated with fold and shear targets which presents an opportunity for larger deposits. The new targets identified in the recent programme provide
compelling additions to our ongoing exploration on the northern KCB margin which has the scale to produce a new copper district. We look forward to providing further updates from the AGG results due shortly.”