Ann: Exploration commences at Lammerlaw Gold Project - NZ, page-3

HIGHLIGHTS
• Multiple anomalous arsenic samples have been identified from regional soil sampling carried out in
November 2020 with samples returning arsenic over 300ppm
• Results indicate strong potential for shear hosted gold mineralisation along the metamorphic/lithological
boundaries
• Infill soil sampling is commencing in the coming weeks to determine whether these anomalous zones are
connected
• Anomalous arsenic zones identified with an associated gold anomaly will support planning of preliminary
drill targets
• The projects are prospective for Macraes style gold deposits based on research by MacKenzie & Craw in 2016
which identified a ‘mirror image’ in the south of the Otago Schist belt (within the Permits) of the geology
present in the north of the schist belt some 60km away which hosts the >10Moz Au Macraes gold mine
within the Hyde Macraes Shear Zone (“HMSZ”).
• The company has also engaged the NZ technical team to complete comprehensive desktop studies on both
the newly acquired Manorburn and Marlborough Gold projects