Ann: Citadel Project IP Survey Identifies Significant Anomalies-AZY.AX, page-2

Citadel Project IP Survey Identifies Multiple
Chargeability Anomalies along 20 km Calibre Trend
Highlights
 Citadel Project Induced Polarisation (IP) Survey identifies
multiple high priority IP chargeability anomalies along a 20 km
NNW-SSE trending corridor, including several anomalies similar
or stronger than the Calibre and Magnum IP responses;
 500 to 1,000m long (and open) IP anomaly, stronger than
Magnum and Calibre IP anomalies, located at Blue Steel
target, approximately 3km south-southwest of Calibre;
 500 to 1,000m long (and potentially open) IP anomaly,
similar in intensity to Calibre, located at Meekus target,
approximately 8km north-northwest of Calibre;
 Magnum North IP identifies possible extensions to gold-
copper mineralisation 600 to 1,200m north of the Magnum
Mineral Resource; and
 Several other lower priority IP anomalies also identified
in other regions of the Citadel Project.
 IP orientation survey lines detect the Magnum, Calibre and
Corker mineralisation validating the IP technique (i.e. ‘Proof of
exploration concept’).
 An RC drilling programme to test high priority IP anomalies is
scheduled to commence during the fourth quarter of 2016 with
the objectives of delivering additional discoveries and extending
the limits of known mineralisation.