Syndicated Metals (SMD):The results are from infill drilling,...

Syndicated Metals (SMD):

The results are from infill drilling, with some holes having high grades and some low grades.

’Drilling results reported previously (BARC074 to BARC118) have provided coverage for resource definition within and around both the Southern Shoot and the Northern Shoot, confirming the interpretation of a high-grade (>2.5% Cu) hangingwall lode of mineralisation, supported by thick zones of lower grade (0.5% to 1.5% Cu) mineralisation.’

’The program was designed to in-fill and upgrade the current Barbara Mineral Resource (Indicated Mineral Resource of 3.8Mt at 1.6% Cu and 0.2ppm Au and Inferred Mineral Resource of 1.6Mt at 1.1% Cu and 0.1ppm Au) and to demonstrate the continuity and style of mineralisation, both at the thick, high-grade Southern Shoot and the generally thinner Northern Shoot. The holes were designed primarily on 20m in-fill sections.’