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3 March 2022

Sir Laurence Gold Discovery Continues to Grow

 62 aircore holes for 4,065m prove further extensions to the

Kanowna Belle style Sir Laurence Discovery at Lake Goongarrie

 Significant bedrock mineralisation in three different host rocks over + 2km strike length and +1km laterally

 Significant gold intercepts on every line of drilling, including:

24m @ 0.6 g/t Au inc. 4m @ 3.2 g/t Au in KGA0811

13m @ 0.9 g/t Au inc. 1m @ 4.5 g/t Au in KGA0781

4m @ 1.0 g/t Au in KGA0782

3m @ 1.1 g/t Au in KGA0799

 Mineralisation remains open in all directions

 Initial, expanded 4,000m diamond core drilling programme  to follow

CEO, Ed Turner commented “This extensional aircore drilling has continued 

to grow the Sir Laurence Gold Discovery and we have still not defined the limits of gold mineralisation.

It is very encouraging to intercept bedrock mineralisation as well as alluvial gold mineralisation over such a large area and in different host rocks.

This demonstrates the significant size of the 

mineralised system and the growth potential remains.

The planned initial diamond core drilling program has been expanded to 4,000m as a result of these successful aircore drill results and a further expansion is foreseeable.

However, the start of the program continues to 

experience delays due to ongoing Covid related personnel and equipment 

related issues which are being experienced across the industry.

Drilling will commence as soon as the necessary lake terrain modifications to the rig are complete.

This next phase of drilling will be a critical programme in delineating the primary mineralised controls within Sir Laurence so we will  be in a position to potentially define economic gold resources in the future.”