Ann: Significant Copper Anomaly Uncovered at Kitlanya West, page-2

Highlights:

• Ongoing Aircore (AC) and shallow Reverse Circulation (RC) drilling at Cobre’s 100% owned Kitlanya
West (KITW) project has identified a consistent 2.5 x 1 kilometre (km) copper anomaly associated with
the Tlou fold target;
• The copper anomaly has been identified in 16 widely spaced shallow RC holes, in samples at the base
of cover (up to 165ppm Cu) and upper bedrock samples (up to 1530 ppm Cu);
• In one of the drill holes, minor chrysocolla and copper sulphide mineralisation was observed in RC
chips;
• Extending further support to the target, a clearly defined zinc (Zn) and lead (Pb) halo surrounding the
copper anomaly has been mapped from drill results ;
• Interpretation of magnetic data over the Tlou Target supports a geological setting similar to ASX-listed
Sandfire Resources Limited’s (ASX: SFR, Sandfire) T3 deposit, where mineralisation is associated with
thrust/s breaching a doubly plunging fold structure; and
• Follow-up work at the Tlou Target will include infill RC holes followed by a 1500m diamond drilling
programme designed to intersect structurally controlled high-grade mineralisation responsible for the
widespread copper anomalism.