Ann: MAIBELE KEEPS GROWING - Deepest Intersection Yet, page-2

DEEPEST INTERSECTION YET – OPENS UP MAIBELE
• New zone-Hole 94 hits 12m of sulphide stringers including ~3m of massive and disseminated suphides
at 400m depth testing downhole EM conductor.
• Potential zone extends for 16km strike length and at depth

STEP OUT HOLE 94 (MADD0094) IS THE FIRST DEEP HOLE AND OPENS UP THE MAIBELE NICKEL DEPOSIT WITH AN INTERSECTION OF ~12m OF SULPHIDE STRINGERS INCLUDING ~3m OF MASSIVE & DISSEMINATED SULPHIDES. THE MINERALISATION STILL NEEDS TO BE ASSAYED TO CONFIRM THAT THE SULPHIDES CONTAIN NICKEL HOWEVER MINOR CHALCOPYRITE (Cu) IS VISIBLE IN THE CORE.
• MAIBELE NORTH MINERALISED ZONE NOW EXTENDED TO ~900m. HOLE 94 IS 250m TO THE EAST OF THE LAST MINERALISED HOLE IN CURRENT DRILL PROGRAM.
• MAIBELE IS OPEN AT DEPTH AND ALONG STRIKE TO THE EAST AND WEST.
• MAIBELE POTENTIAL NOW OPEN TO REINTERPRETATION AS HOLE 94 WAS TARGETTED ON A DOWNHOLE ELECTROMAGNETIC (EM) CONDUCTOR WITH NO SURFACE EXPRESSION (NOT A VTEM ANOMALY).
• DOWN HOLE EM NOW PLANNED TO TARGET OTHER CONDUCTORS WITH 5 HOLES SELECTED.