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Strong Coincident Ni-Cu-PGE Geochem and Magnetic Anomaly Identified at Dottyback, Byro East...



HIGHLIGHTS

  • First assay results received from maiden (Phase 1), multi-element soil program with 95% of results still pending

  • Strong 1000m x 350m concentric Ni-Cr-Cu-PGE anomaly identified at the Dottyback Prospect, coincident with magnetic high “bulls-eye” feature

  • Geochemical signature indicates underlying mafic/ultramafic host lithologies and potentially higher-grade Ni-Cu-PGE mineralisation

  • Remaining results from 1520 samples are expected in batches over the next 1 – 6 weeks

  • Both Regional Soil Survey and Phase 2 Infill Geochem program underway

  • Airborne magnetic survey on track for next month

“While patiently waiting for the first of the assays to be returned from last year's soil sampling program, we have been actively progressing both the Byro East project and the Orange East Project. These results are a very good start and confirm our belief in the region to host world-class Ni-Cu-PGE deposits. These results are expected to be the first of many across both our projects in the coming months.”


Jeremy Robinson

Limited Executive Chairman