Ann: High Grade Gold Results Returned From Grace, page-3

ASX ANNOUNCEMENT 15 December 2021

High grade gold results returned at Grace Project
25km from the Telfer Gold mine in the Paterson Province

HIGHLIGHTS

•Assay results received for first EIS-funded drill hole from maiden diamond drilling program
at Grace Project in the highly prospective Paterson Province which hosts the world class
Telfer Gold Mine.
•Gold mineralisation within a wide silica-carbonate rich brecciated ore system over returning
20.8m @ 2.0/t Au from 203.2m including high grade intercepts of 2m @ 3.6g/t Au from
216m and 3m @ 8.38 g/t Au from 221m.
•In addition, 15.7m @ 0.39g/t Au was returned from 762m which is associated with a silica
altered felsic intrusive which represents a new style of mineralisation at the Grace Project.
•Further Results from PDD0001 and from a further 4 diamond drill holes and 1 reverse

circulation (“RC”) hole expected over the coming weeks.
•The Intrusive related gold mineralisation highlights the prospectivity of the numerous
untested magnetic targets at the Grace Project.
•Mineralised interval has been intersected over 200m from the nearest drilling and remains
open to the east and west and at depth.
•A combined diamond and RC drilling programme planned to commence in first quarter 2022
to test high-priority targets at Grace Project.