Afternoon trading May 27, page-83

MCT - drilling underway awesome historical grades

https://research.nabtrade.com.au/uploadhandler/z1889e00az276b166846cc455cbf5d903bec99b111.pdf

DRILLING HIGHLIGHTS●Drilling has commenced at the high-grade Kookynie Gold Project in WA, circa 60kms south of Leonora.●The Kookynie Gold Project includes the historic Cosmopolitan mine which produced 360,000oz at avery highaverage head grade of 15 grams per tonne (g/t).●Limited work has been conducted in and around the CosmopolitanGold Mineand other prospectsincluding Champion, McTavish and Leipold.●Historicaldrilling has returnednear surfaceintersections such as:

oLeipold -3m @ 107.2 g/t Au from 32 metres in LQRC0026oLeipold -4m @ 104.8 g/t Au from 36 metres in BLQ012oMcTavish -3m @ 52.33 g/t Au from 23m in hole CRC136oCumberland-3m @ 44.0 g/t Au from 18 metresin KOYC106*●Recent holes drilledby Metalicity have returned near surface intersections such as:oMcTavish -5metres@ 17.9 g/t Au from 48metres▪inc. 1metre@ 80.17 g/t Au from 51metres (McTavish)oLeipold -6 metres@ 9.4g/t Au from 26metres▪inc. 2metres@ 19g/t Au from 26metres (Leipold

The KookynieGold Projectis underexplored, but doescontain some excellent intersections including:
oLeipold -3m @ 107.2 g/t Au from 32 metresin LQRC0026*oLeipold -4m @ 104.8 g/t Au from 36 metresin BLQ012*oMcTavish -3m @ 52.33 g/t Au from 23m in hole CRC136*oCumberland -3m @ 44.0 g/t Au from 18 metresin KOYC106*