Undervalued but not for long

Currently drilling and with previous high grades extremely undervalued.
Drilling Identifies Multiple High-Grade Gold Shoot Targets
During the quarter Stage 2 drilling was completed by Rumble which included nineteen (19) RC drill holes (total of
2148m) and four (4) diamond core drill holes (total of 1944.2m). Refer previous ASX announcement 20 May 2020
for full details. The two stages of drilling have been successful in making high grade gold discoveries, but just as
important, provided a greater geological understanding of the controlling structure(s) and deposition styles
associated with the high-grade gold mineralisation. Six (6) compelling high-grade gold zones and targets have
been delineated providing high confidence in finding new, near-term high-grade gold discoveries.
1. Western Queen Central – High-Grade Gold Shoot
o Two stages of drilling by Rumble has confirmed the down-plunge continuity and position of
the high-grade gold shoot providing confidence of further gold mineralisation at depth
which remains open:
o 6m @ 34.24 g/t Au from 354m (WQRC007D)
o 6.3m @ 36.09 g/t Au from 305.7m (WQD-1072)
o 11.8m @ 16.08 g/t Au from 340.4m (WQD-1089)
2. Western Queen Central North – Potential Strike Extension of Shallow High-Grade Gold
Mineralisation
o The new “blind” shallow high-grade gold intersected 250m north of the historic Western Queen
Central
(8m @ 7.22 g/t Au from 49m - WQRC026) is open to the north.
o Potential for repeats of the historic high-grade gold Western Queen Central Shoot to the north.
(historic open pit production – 190,000oz @ 8.9 g/t Au)
3. Western Queen Central North – Potential High-Grade Gold Shoot
o Immediately north of the Western Queen Central shoot and open cut historic drilling includes:
 7m @ 60.6 g/t Au from 70m (WQJC-32)
 6m @ 37.34 g/t Au from 50m (QNC-10310-1)
 11m @ 16.8 g/t Au from 51m (WQP-1055)
o Partially blind high-grade zones are truncated & transposed by reverse faulting and pegmatite
jacking
o Zones are inferred to continue down-plunge as high-grade shoots below the faulting
o Potential repeat of the historic high-grade gold Western Queen Central Shoot
(historic open pit production – 190,000oz @ 8.9 g/t Au)
4. Western Princess - Potential Shallow High-Grade Gold Shoot
 5m @ 3.64 g/t Au from 52m (WQRC031)
 3m @ 19.9 g/t Au from 8m (WQRC011)
o Drilling has shown the shear zone is wide with multiple structurally controlled shoots - there is
high potential to define deeper plunging shoots
5. Western Queen Central Oxide - Potential Shallow High-Grade Gold Shoot
 2m @ 40.37 g/t Au from 4m (WQY-85)
 3m@ 10.42 g/t Au from 1m (WQY-123)
 5m @ 5.11 g/t Au (Inc 1m @ 16.9 g/t Au) from 365.5m (WQRC023D) – Rumble -
interpretation indicates drilling clipped high-grade shoot at depth
o Potential to define a high-grade shoot below the oxide mineralisation
6. Cranes - Potential Shallow High-Grade Gold Shoot
 14m @ 4.87 g/t Au from surface (CRAC015)
o Potential to define a high-grade shoot below laterite mineralisation