M24 5.56% 1.7¢ mamba exploration limited

Ann: Gold Anomaly Identified at the Ashburton Project, page-2

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    Auger sampling at the Bettina Prospect at Lyndon, within the Ashburton Gold Project, has
    identified a gold anomaly measuring approximately 300m by 200m
    The gold anomaly results are up to 15 times background gold levels
    The anomaly is centred around historical workings measuring approximately 50m x 20m and
    to a depth of around 5m
    Historical drilling and rock chip sampling of the workings identified high grade mineralisation
    including rock chips of 46.5 g/t from quartz veins within the workings and RC drill results of up
    to 4m @ 21.5 g/t gold. Recent rock chip sampling has confirmed the high grades with rock
    chip samples returning up to 36.5g/t gold
    The majority of the anomaly remains undrilled
    A Programme of Works (PoW) to drill the anomaly has been approved by DMIRS
    RC Drilling is being planned to test the anomaly and is expected to be undertaken in mid 2022
 
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