Warrego East Project, NT (MLS 80%)

The Warrego East Cu-Au Project in the Northern Territory (NT) includes granted E32725, directly along strike to the east of the Warrego copper-gold deposit (production 6.75Mt @ 1.9% Cu, 6.6 g/t Au) and three EL applications both north and south of Tennant Creek along strike from high-grade Cu-Au deposits (Figure 3).

Figure 3: Location of Tennant Creek Project tenements and major Cu-Au deposits and targets.

The Company has completed a detailed gravity survey in the area of shallow cover directly east of the Warrego Cu-Au deposit in EL 32725 (Figure 3). Processing of the gravity data is in progress.

Drilling will be planned to test coincident gravity-magnetic targets in fresh rock, below the zone of weathering, targeting high-grade copper-gold discoveries similar to Bluebird and Warrego.