Ann: Sir Laurence Diamond Core Drilling Commences, page-9

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https://www.kingwestresources.com.a...__sir_laurence_diamond_drilling_commences.pdf

Key Takeaway Points from this Announcement

1) We are delighted to read that KWR has commenced diamond core drilling at the Sir Laurence Gold Discovery. This has been a protracted, eagerly awaited key program, (with delays in its commencement completely beyond the control of the Company), which is designed to initially drill test the strongest defined parts of newly discovered Sir Laurence mineralisation to date

2) The aim of the drilling is to provide quality core samples to importantly yield key structural and lithological information, as well as providing further details on the makeup of the gold mineralisation  itself. At this point, it is believed that the Sir Laurence mineralisation shows analogous traits to that of the mineralisation observed at the +6Moz Kanowna Belle gold mine located approximately 75km to the southeast (Fig 2). Sir Laurence is also believed to demonstrate analogous similarities in terms of structural controls on mineraliastion to that of Kanowna Belle.

3) Drill core attained from this key program will provide essential information that will allow the Company to drill target the mineralisation at depth more efficiently. This is most definitely needed, as the Sir Laurence mineralisation footprint is now substantially large, being defined over 2km in strike and 1km in width extent.

4) The program was initially designed to comprise 2,000 metres of drilling. Encouragingly, this was subsequently increased to 4,000 metres. However, even at this early stage, the Company is expecting to expand again on that initial 4,000 metres as the program progresses.

5) Also in this market release and of great interest is the announcement that KWR has received the gold results from the recently completed aircore drilling program which was designed to drill test a series of highly prospective targets located east of Sir Laurence. The results reported (above) have demonstrated new gold mineralisation present in a wide variety of structures and a wide range of lithologies east of the Sir Laurence discovery, some showing similar geological analogies to that at Menzies to the north.

6) Most of the drilling tested a specific ultramafic rock unit called the Highway Ultramafic Unit. This rock unit is already well known to be exceptionally fertile for nickel sulphide deposits elsewhere in the belt, with excellent examples of such mineralisation being located immediately south of KWR’s Goongarrie lease being Auroch Minerals’ St Patricks and St Andrews deposits (Fig3). The Company is now awaiting the assay results of sampling undertaken from this program. It is important to understand that we are not expecting the Company to report “percentages of nickel” from this drilling as this is a geochemical drilling exercise. However, should elevated nickel values be detected, this will allow KWR to target electromagnetic surveys to areas of interest, which will, in turn generate a series of high quality near future drill targets. The nickel results are imminent