This drill hole was part an approximate 1000 m RC drill programme recently completed at the Austin and Yannery prospects. Further results from the Yannery drill programme will be reported shortly.

Thomas Reddicliffe, Executive Director, commented: “This has proved to be an important follow-up drill programme for the company, and is a continuation of the methodical follow-up of the large Austin conductor anomaly. This deeper mineralised zone which occurs beneath and down dip of the currently larger known Whundo resource now appears to have the potential to significantly increase the resource. These results also give us confidence that there is still much to be found within the large conductive area between Whundo and the Yannery Prospect.”

Highlights

  • Follow up RC drill programme completed at the new Austin prospect.
  • 20 m wide Cu-Zn mineralised zone intersected in hole 23GTRC001.
    • The new mineralised zone is a continuation of a previously drilled zone which has thickened significantly and extended further down dip.
  • A continuation of a previously reported mineralised zone intersected by drilling in 2022 which included:
    • 22GTRC17: 8 m at 2.55% Cu from 141 m.
    • 22GTRC23: 12 m at 2.5% Cu from 161 m.
  • The thickening of the mineralised zone mirrors the larger overlying Whundo resource and is consistent with Austin being a separate mineralising event.
  • A follow-up DHEM survey to be completed shortly to further define the extent of this new mineralised zone.
  • Drill samples have been dispatched for fast-track laboratory analysis.