DISCOVERY OF SIGNIFICANT NEW ZONES OF HIGH-GRADE GOLD MINERALISATION AT 100% OWNED MINYARI DEPOSIT
Highlights
RC drilling at Minyari returns multiple high-grade gold and copper intersections, including new “Minyari East” discovery where further significant zones of gold-copper-silver-cobalt mineralisation were intersected outside the existing Mineral Resource
Significant results for the first eleven RC holes (3,129m) include: New “Minyari East” Discovery:
31.0m at 3.20 g/t gold and 0.26% copper from 383.0m down hole to end‐of‐hole in 21MYC0205, including:
o 2.0m at 17.54 g/t gold, 1.40% copper and 2.19 g/t silver from 390.0m, also including: 1.0m at 32.10 g/t gold, 2.29% copper and 3.83 g/t silver from 391.0m
o 2.0m at 18.80 g/t gold, 0.82% copper and 2.30 g/t silver from 397.0m, also including: 1.0m at 33.00 g/t gold, 0.80% copper and 3.56 g/t silver from 398.0m
6.0m at 16.83 g/t gold, 0.50% copper and 0.96 g/t silver from 335.0m down hole in 21MYC0208, including:
o 1.0m at 58.90 g/t gold, 0.75% copper and 1.88 g/t silver from 339.0m
22.0m at 2.60 g/t gold and 0.08% copper from 294.0m down hole in 21MYC0200, including:
o 1.0m at 42.30 g/t gold, 0.16% copper and 1.03 g/t silver from 294.0m Minyari Resource Infill:
21.0m at 3.58 g/t gold, 0.64% copper and 1.66 g/t silver from 100.0m down hole in 21MYC0208, including:
o 8.0m at 4.86 g/t gold, 1.27% copper and 3.01 g/t silver from 101.0m, also including: 1.0m at 20.60 g/t gold, 2.85% copper and 8.25 g/t silver from 102.0m
38.0m at 1.71 g/t gold and 0.05% copper from 122.0m down hole in 21MYC0204, including: o 2.0m at 10.16 g/t gold and 0.13% cobalt from 140.0m
56.0m at 1.20 g/t gold, 0.42% copper and 1.08 g/t silver from 136.0m down hole in 21MYC0201
119.0m at 0.86 g/t gold and 0.08% copper from 70.0m down hole in 21MYC0207, including:
o 10.0m at 2.21 g/t gold and 0.24% copper from 92.0m
4.0m at 6.49 g/t gold, 0.26% copper and 0.11% cobalt from 149.0m down hole in 21MYC0200
New Minyari East high-grade gold-copper mineralisation:
1. Enhances Resource and development opportunity ‐ Just 80m east of the existing
Minyari Mineral Resource boundary
2. Remains open in all directions ‐ Intersected along 140m of strike and 150m of dip
3. Further potential ‐ Multiple additional zones of mineralisation within eastern zone
4. Diamond tails and additional RC and diamond drilling planned
13,000m of 21,000m Resource infill, Resource extensional and brownfield discovery drill programme completed – Three drill rigs currently on site (awaiting assays for 10,000m)
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