OPERATIONAL UPDATE ▪ Multipurpose Drill Rig Secured for Flagship Burbanks Project ▪ Experienced drilling contractor secured for 5,500m program; ▪ Multipurpose rig to be mobilised to site in early November; ▪ Ability to complete reverse circulation and diamond drilling. ▪ Phillips Find Drilling Yields High Grade Intercepts, Including: ▪ PFRC101: 17m @ 2.09g/t Au from 95 metres, including: ▪ 2.0m @ 8.93g/t Au from 110 meters. ▪ PFRC103: 8.0m @ 1.84g/t Au from 179 metres, including: ▪ 2.0m @ 3.26g/t Au from 183 metres. ▪ Program served to meet expenditure requirements. ▪ Burbanks Stage I Trial Mining Joint Venture (JV) ▪ Lateral development in ore and waste continues; ▪ 5,650t and 39,550t of ore and waste mined, respectively; ▪ Stoping expected to begin in mid-December 2021.
BAR Price at posting:
2.9¢ Sentiment: Hold Disclosure: Held