Ann: Mt Stirling Assays Uncover New Gold Mineralised Zone, page-4

Mt Stirling Assays Uncover New Gold Mineralised Zone
Highlights:
 Another gold mineralised zone has been discovered at Mt Stirling ~60m east of Mt Stirling
Main Zone on section 1600N
 Phase 3 drillhole MSRD005 (section 1960N) has intercepted a significant ~5m (true width)
wide zone of lode material (from 261.36 – 271.00m) adding a further ~120m extension
directly along strike and down-dip of previous NW high grade MSRC061 intercepts of 5m @ 4.42
g/t Au from 73m inc 1m @ 6.07 g/t Au from 77m, with assay results expedited (ASX release
3/02/21)
 Assays from NW extension drill holes MSRC087- 88 due imminently
 Assays from section 1600N (down-dip of recently reported MSRC045 results of 14m @ 3.02 g/t
Au from 51m including 6m @ 5.90 g/t Au from 54m and 1m @ 21.34 g/t Au from 55m (ASX
release 27/01/21) have returned significant width and gold mineralisation including:
o 7m @ 1.20 g/t Au (from 137m MSRC046);
 inc 1m @ 2.90 g/t Au (from 140m);
 Assays from section 1640N include significant results of:
o 4m @ 2.07 g/t Au (from 55m MSRC048);
 inc 1m @ 2.86 g/t Au (from 58m);
o 5m @ 1.80 (from 126m MSRC049);
 inc 1m @ 3.96 g/t Au (from 130m)
 The interpreted strike of the Mt Stirling gold system exceeds ~600m
 Assays from MSRC049 down-dip adding a further Mineralisation footprint strike and depth
extents so far are on par and consistent with regional significant discoveries, e.g. St Barbara’s
(ASX:SBM) 4.8Moz Gwalia Mine and Saracen’s (ASX:SAR) 3.8Moz Thunderbox Mine, with the
Mt Stirling Gold System remaining open in all directions
 Phase 3 drill program continues with extensional resource diamond drilling on 80m spacing,
strategically planned to test structural model, extend resource, and vector on predicted plunge
positions across ~360m of the interpreted ~1,250m Mt Stirling mineralised strike
 Torian awaiting results from 31 drill holes at Mt Stirling, 18 holes at Stirling Well and 19 holes
from Diorite, with results forthcoming
 Results received to date bode well for Mt Stirling interim JORC resource upgrade due Q1 2021