Breakout just the beginning, page-5

Highlights

ACQUISITION OF THE MCCLEERY COPPER-COBALT PROJECT, CANADA HIGHLIGHTS

• New claims staked covering ~9km2 to secure a 100% interest in the McCleery Copper-Cobalt Project in the Yukon Territory, Canada
• Project targeted following a review of all historic cobalt occurrences in the Yukon • Previous exploration focused on copper mineralisation, with rock samples assaying up to 15.6% Cu and 420 g/T Ag
• Historic reports indicate only one sample from the Project has ever been assayed for cobalt - returning 0.76% Co and 14 g/T Ag
• Multiple occurrences of cobalt bloom (secondary cobalt) and cobaltite (cobalt sulphide) are reported; separated by approximately 1,000m of prospective strike
• The Project has not been explored since 1983 and has never been drilled
• No exploration focusing on the potential of the Project to host economic cobalt mineralisation has ever been undertaken

Overland Resources Limited (ASX: OVR; “Overland” and the “Company”) is pleased to announce that it has acquired a 100% interest in the McCleery Copper-Cobalt Project (“McCleery” or the “Project”) in the Yukon Territory, Canada.

The Company identified the opportunity during a recent review of all historic cobalt occurrences within the Yukon Territory.
The ground was open; hence Overland was able to secure a 100% interest in the Project at minimal cost by staking new claims.
The Company already has a strong presence in the Yukon, having been active at its Yukon Base Metal Project since 2007; where to date Measured, Indicated and Inferred Resources of 12.6Mt @ 5.3% Zn and 0.9% Pb have been delineated