Ann: Drilling and Corporate Update, page-2

Great to see the drilling underway, big results are expected here

D Zone drilling Diamond drill hole VDD183 has commenced at D Zone. The drill hole is targeting high grade copper mineralisation approximately 120m down plunge from the previously drilled hole VDD166 (Figure 2), which intersected 5.9m at 1.5% Cu and 13m at 1.6% Cu. Hole VDD183 is expected to intersect the target zone at approximately 570m down hole. Further drilling will be undertaken at D Zone and then the drill rig will move to A Zone targeting high grade mineralisation in the southern area. Specifically, a shallow zone where historical drill holes have returned intersections including 4.7m at 3.5% Cu in D-7843 and 3.4m at 2.9% Cu in D-6114, and in the deeper main down plunge domain where structural interpretation suggests a shallowing of the plunge orientation, and adjacent historical holes have intersected up to 6.5m at 3.4% Cu in hole VDD127. The drilling program is aimed at further definition of high grade copper zones to support an updated resource estimate