Ann: High Grade Assay Results from Pearse North, page-2

High-Grade Mineralisation Intersected at Pearse North,
Mineral Hill
• Five diamond drill holes have been completed over the proposed Pearse North open pit project
area.
• Preliminary significant intersections (using a 1.0g/t Au cut off) include:
o PNGT01 – 7.4m @ 2.91g/t Au and 27g/t Ag from 0.6m.
o PNGT02 - 3.6m @ 4.90g/t Au and 70g/t Ag from 42.4m.
o PNGT03 - 3.0m @ 6.03g/t and 54g/t Ag from 52.0m.
o PNGT04 – 4.0m @ 3.35g/t Au and 90g/t Ag from 22.0m.
o PNGT04 – 9.82m @ 2.46g/t Au and 18g/t Ag from 28.1m.
• These drill holes were primarily conducted to gather geotechnical data for pit wall designs.
• The results validate the existing resource model and enhance the level of confidence in the
estimates' geometry and grade.