HIGHLIGHTS • Outstanding high grade rock chip results from the...

HIGHLIGHTS
• Outstanding high grade rock chip results from the Company’s maiden exploration programme at Mt
Surprise
• A new mineralised gossanous outcrop of approximately 5 metres in width and 100 metres long has
been identified at Mt Surprise Project area.
• Best results returned include:
o 20.75% Cu, 41.7% Ag
o 11.65% Cu, 10.34 g/t Ag
o 10.06% Cu, 39.57 g/t Ag, 0.48 g/t Au
o 6.48% Cu, 66.39 g/t Ag, 0.19 g.t Au
o 3.01% Cu, 7.8 g/t Ag, 0.24 g/t Au
o 2.33% Cu, 10.66 g/t Ag, 0.26 g/t Au
o 1.39% Cu, 22 g/t Ag
• A further 3 samples from the new gossanous outcrop returned significant results for other base
metal mineralization, including:
o 2.94% Pb, 44.97 g/t Ag, 0.2% Zn
o 1.2% Pb, 12 g/t Ag
o 1.14% Pb, 21.01 g/t Ag, 0.2% Zn
• These highly prospective results indicate a potentially new copper system with follow up
exploration work planned for the Project in the coming weeks.
• Results for potential lithium samples taken from the initial programme are still pending.
Metalicity Limited (ASX: MCT) (“MCT” or “Company” is excited to announce that the Company has received its
first batch of assay results from its maiden exploration programme in October 2022 at its newly acquired 100%
owned Mt Surprise Project (EPM 28052) located circa 57km northeast of the town of Mt Surprise, 165 km west
of the major centre of Cairns. These assay results from rock chip sampling support the visual observations
regarding the prospectivity of the Project and potential target areas.
Commenting on the initial results, Metalicity Managing Director, Justin Barton said:
“To find an outcropping gossan of that size was particularly interesting, but to have these high-grade results
returned is an excellent endorsement of the high prospectivity of this recently acquired tenure and to the
Company’s maiden exploration activities in North Queensland. This now provides Metalicity with multiple
mineral anomalies and targets to follow up. To confirm the significant historical Copper results of >20% is very
exciting, whilst the tenure still remains highly prospective for Lithium.”