How much Bigger can Longonjo get !, page-9

PM8 finished up +12.5% in London overnight.

04/08 Announcement *Further High-Grade Intersections!

 Fresh rock mineralisation ‐ adding a whole new dimension to the project:
Wide, continuous high‐grade intersections grading 2% to 4% REO have been
returned from the fresh rock immediately below the weathered zone. The
mineralisation remains open below the 80 metre drill depth and to the north
and west. The reported grades and potential size of the further
mineralisation are very encouraging and whilst not currently included in the
current Bankable Feasibility Studies work has commenced on including this
mineralisation in the overall development of the project.
 New Mineral Resource estimate: Work has commenced on an updated
Mineral Resource estimate to be reported in September 2020.

Executive Director & COO Dave Hammond commented:

“These final results have further highlighted the world‐class opportunity at the
Longonjo Project. The drilling continues to prove the continuity of the weathered
mineralisation, returning significant grades from surface outside of our current
mine plan. We expect these infill drilling results will allow us to upgrade the existing
resource categories and extend the mine life.

Further drill testing of the fresh rock zone, which is not in the current mine plan, has
also exceeded expectations. With many holes ending in mineralisation at eighty
metres depth, identifying several open positions, the potential for a sizeable deposit
of this second style of mineralisation is an exciting possibility.

All assay results have now been received, and SRK Consulting has commenced the
estimation process. We look forward to reporting a new Mineral Resource estimate
in September.”

Cheers tela