Ann: Intrusion Hosted Gold Up To 3.2 g/t Intersected at Strelley, page-2

Highlights - Strelley Project, Pilbara, Western Australia
• Intrusive hosted gold mineralisation has been intersected for the
first time at Strelley highlighting the potential for “Hemi style”
gold mineralisation within Carnaby’s large 442 km2 tenure.
• The recently discovered intrusion within the Bastion Prospect
remains completely open and untested to the north for 2 km.
• Recent aircore drilling has intersected the intrusion 370m to the
north of PLDD0005, where it appears to be widening to over 100
m width, results are pending.
• Bastion Prospect diamond drill hole PLDD0005 intersected a broad
mineralised intrusion hosted by disseminated sulphides;
9m @ 0.3 g/t gold from 136 m including
6m @ 0.6 g/t gold from 149m including
0.6m @ 3.2 g/t gold from 153.4m and
18m @ 0.1 g/t gold from 174.4 m including
0.3m @ 1.1 g/t gold from 174.4m
0.7m @ 1.2 g/t gold from 191.9m
• Results have only been received from the first 2 diamond holes
drilled at Strelley with results pending from the remaining 3
diamond and 288 aircore holes (7,366m) just completed.
The Company’s Managing Director, Rob Watkins commented:
“Hitting potentially “Hemi Style” intrusion hosted gold mineralisation at
the Bastion Prospect in the first ever diamond drill holes drilled at Strelley
is highly significant and has materially increased the potential of the
entire region. We look forward to receiving additional results over the
coming weeks and following up with a concerted RC drilling program
soon.”