Up to 57% Ni,

MTD022 and MTD022W1 intersected a ~506m thick package of high MgO adcumulate dunite ultramafic
containing disseminated magmatic sulphides (trace to 2%) that in places coalesced into interstitial blebs (3 to
5% sulphide). The sulphides started from ~120m downhole, with multiple broad +10m zones with pXRF
readings >0.4% Ni - best indication to date of potential for relatively shallow Type 2 Mt Keith-style mineralisation
.
Towards the end of the hole, near the basal contact of the complex, three intersections of high-tenor remobilised
massive nickel sulphide were observed (confirmed by spot pXRF readings up to 57% Ni). These remobilised
sulphide intersections (10-30cm in width) were significantly larger than those previously seen in holes MTD012
and MTD013. This may indicate closer proximity to a massive sulphide source and hole MTD022W1 was cased
for a follow-up DHEM survey of this area.