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Ann: Tuena Gold Project Expansion, page-2

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    Tuena Gold Project, New South Wales
    • Three new mineral exploration licenses granted at Tuena expanding the total
    holdings to 747 square kilometres (from 178 square kilometres).
    • Licences on the Godolphin-Copperhania-Structural Zone that hosts the multi-million
    ounce McPhillamys Gold Project (Regis Resources) located to the north and the
    newly discovered Cullarin Project (Sky Metals) located to the south.
    • In addition to the previously announced high-grade gold targets at Tuena, two new
    targets identified with both gold and base-metal signatures potentially related to
    Volcanogenic Massive Sulphide (VMS) style:
    o Lucky Hit South Prospect with a VMS-Gold geochemical signature extending
    over a 2600 metre by 400 metre zone.
    o Markham’s Prospect with a VMS-Gold geochemical signature extending over a
    1600 metre by 400 metre zone.
    • Expansion of exploration activities including drilling being planned for
    commencement in the 3rd quarter calendar 2020 (subject to approvals)
 
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