H2 Strategy for GML was to complete 30,000m of RC/AC drilling to...

H2 Strategy for GML was to complete 30,000m of RC/AC drilling to investigate high value targets around Montague, Whistler and Achilles. This has been broken into 2 pieces of work (shown in the slide below). Very positive results have recently been reported.




1. 15,000m of AC drilling in Achilles region. Part of the Achilles reporting has been release with significant yields up to 16.2 g/t. (below) The second half of this drilling is completed, however, there has been a backlog at the labs in Perth. This reporting is expected in the next week or two. A positive results will all but confirm Achilles as a third large resource.

2. 11,000 meters of drilling around Montague and Whistler. This is currently underway and is aiming to uncover a gold system between two existing resources (120k oz each) expanding and joining these two will significantly increase the current inferred resource - pretty much just increasing the overall value of the asset. This revision of the resource is expect in Q1 (H1 at the latest) next year.

A nice pathway of announcments coming - if they are successful (which the leadership team seems very bullish on) - this could be a big one. Looking forward to it.

GLTA & DYOR