Ann: Acquisition of High-Grade WA Gold Project Completed, page-80

Gold up again lastnight past $1800 usd . Very interesting this little snippet. After Dona Maria we will move onto a potential Company maker where we
look for the source of the high‐grade mineralisation, namely the gold copper porphyry system which we believe
is driving the entire Juruena mineralised system.” Managing Director Dr Andrew Tunks said, “We are delighted to have been in a position to move swiftly to enter into an agreement to secure an Australian asset in the Palm Springs Project and we already have boots on the ground (within a week of announcing its acquisition) thus officially kicking‐off our 2020 field season in the Kimberley. The Palm Springs Project has significant upside potential for shear hosted high grade mineralisation, as demonstrated by the historical drill intercepts. Our plan is to heed the advice of numerous geologists previously working at the project by engaging structural experts to commence a detailed exploration program to gain an understanding of the structural setting and its controls on mineralisation. Following this we will compile a 3D model and get busy drill testing these high‐grade gold targets. “At Juruena in Brazil we have successfully executed our back to work strategy and we are already on hole two of our Resource expansion program targeting the Dona Maria and Crentes prospects. We have commenced work at the very high‐grade Dona Maria project where we are looking to convert inferred resources to indicated and extend the resource down plunge. After Dona Maria we will move onto a potential Company maker where we look for the source of the high‐grade mineralisation, namely the gold copper porphyry system which we believe is driving the entire Juruena mineralised system.”