26 November 2019
High grade gold veins at Toweranna
➢ Strong high grade gold mineralisation intersects >500m below the current open pit resource
➢ The current Toweranna resource (July 2019 resource estimate) - 5.33Mt @ 2.1/t Au for 356,600oz – exists only in the top 200m
➢ The Drilling program since July 2019 targeted and has successfully achieved depth extensions to the mineralisation from 200 to beyond 700m.
➢ Significant new drill intercepts below the open pit resource include:
6.0m @ 9.0g/t Au from 300m in TRC150D (incl 2.18m @ 22.0g/t Au from 300.73m)
4.65m @ 8.3g/t Au from 745.65m in TRC174D (incl 1.2m @ 31.1g/t Au from 745.65m)
6.7m @ 5.1g/t Au from 282.51m in TRC160D (incl 0.95m @ 34.3g/t Au from 285.62m)
2.05m @ 16.3g/t Au from 666.15m in TRC174D (incl 0.35m @ 94.6g/t Au from 666.15m)
1.0m @ 32.8g/t Au from 369.2m in TRC173D
10.23m @ 2.9g/t Au from 384.77m in TRC160D (incl 1.15m @ 20.3g/t Au from 387.8m)
4.55m @ 4.8g/t Au from 553.45m in TRC149D (incl 0.38m @ 51.7g/t Au from 557.62m)
➢ An update of resources at Toweranna will be undertaken and reported as part of the next overall project resource update in early 2020, and to include completed and planned drilling undertaken to the end December 2019.
➢ Ore sorting test work on drill core and bulk samples at the TOMRA facility in NSW is underway.
Ann: High grade gold veins at Toweranna, page-3
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