CADs progress is in the quarterly, released 2 days ago. Mt...

CADs progress is in the quarterly, released 2 days ago.

Mt Berghaus aeromagnetic studies pending completion until final granting of Licence by DMIRS.

For the Roberts Hill tenement, the Company is nearing the final stages for requesting the necessary statutory approvals for a 16,000 to 20,000 metre scout air-core drilling campaign which will test many of the geophysical features identified. Lines of drill holes will be conducted over the priority 1 drill targets initially to a vertical depth not exceeding 140 metres.

At the adjoining Mt Berghaus Exploration Licence Application, E45/5041, analysis of the geophysical data is still under assessment. However, cursory examination of the TMI 1st Vertical Derivative data indicated similar north- easterly structures and potential intrusive-type features. Whilst the Mt Berghaus tenement remains in application status, no surface disturbance activities can be conducted, and the Company will focus its initial exploration activities entirely on the Roberts Hill tenement.

The Company is currently planning and obtaining relevant approvals (POW/Heritage) for its Pilbara exploration program in 2021. Details of the Company’s active 2021 exploration timetable and operational readiness will be provided in the first quarter of 2021 as details progress.