Ann: Aircore drilling defines new 600m gold target at Sandstone, page-2

Hi investors and visitors. My summary follows;

• Confirmation of new Tailings South gold target,
• 800m south of a 100% owned MDI processing plant,
• Tailings South will be the last prospect tested as part of the current 12,300m RC drilling program,
• 11,000m of 12,300m of the current program has been completed, assays are pending,
• An additional 3,000m of RC drilling is planned to upgrade inferred mineral resources to indicated mineral resources,
• An additional 800m of Diamond Core drilling is planned to provide additional bulk density,
• The Sandstone pre-feasibility study is planned to be completed June 2020,
• The outcome of the study will inform a decision of the viability of recommissioning the Sandstone gold project,
• Recommissioning will take approx. 5 months if decided,
• Recent takeover offers for this project from Spectrum Metals ($SPX) and Alto Metals ($AME) at significant premiums.