Ann: EM Survey Extends Golden Swan Potential, page-2

EM SURVEY EXTENDS GOLDEN SWAN POTENTIAL
1 October 2020
HIGHLIGHTS
 A downhole electromagnetic (DHEM) survey, which utilised a newly installed in-mine loop, has
successfully identified an additional high conductance anomaly down dip of the high-grade
intersections at Golden Swan
 The newly interpreted DHEM plate at Golden Swan forms part of a contiguous series of open-ended
EM plates now detected for over a 170m dip extent
 Remodelling of the Southern Terrace geological surface has highlighted a sizable new area with
the potential to host additional massive nickel sulphide mineralisation (see Figure 1)
 Funds committed for an underground drill drive to provide an optimum drill position for resource
definition of Golden Swan and the testing of targets within the greater Southern Terrace area
 Drilling continues to expand the footprint of nickel sulphide mineralisation from Golden Swan