CALIBRE DRILLING IDENTIFIES SIGNIFICANT DEPOSITEXTENSIONSON THE...

CALIBRE DRILLING IDENTIFIES SIGNIFICANT DEPOSITEXTENSIONS

ON THE RIO TINTO – ANTIPA CITADEL FARM‐IN PROJECT

HIGHLIGHTS

Diamond drilling at the Calibre deposit intersectssignificant widths of gold‐coppersilver

mineralisation substantially beyond the limits of theexisting Mineral Resource

located 45km east of Rio Tinto’s Winu copper‐gold‐silverdeposit.

Significant assay results for the first diamond drillhole (19CED0009) include:

o163.9m at 0.60 g/t gold and 0.04% copper from 303.1mdown hole, including:

26.0m at 1.11 g/t gold and 0.05% copper from 429.0m;and

0.47m at 14.45 g/t gold, 0.64% copper and 4.69 g/tsilver from 310m

19.8m at 0.62 g/t gold and 0.07% copper from 198.7mdown hole.

Citadel Project 2019 exploration programme completedwith final drill and

geophysical survey results expected prior to the end ofthe year.

2019 programme fully funded by Rio Tinto ExplorationPty Limited (“Rio Tinto”) who

are farming into the Citadel Project with $3.4M1 budget.Programme comprised:

Major ground electrical geophysical survey; and

7,000m drill programme testing resource extensiontargets at the existing Calibre

1.3Moz gold and 69.5kt copper deposit2 andmultiple new greenfields targets.