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8 November 2019

Nonta

Soil sampling results 1250ppm and 325ppb gold

PDI Equity: 100%

Permit

In early 2019, the Company sampled and assayed 50 rock chip and dump samples from artisanal mine sites and rock outcrops on the Nonta Reconnaissance Authorisation.

A gold Bulk Leach Extractable Gold (BLEG) stream sediment sampling program was also completed, totalling 39 samples. Gold anomalous values (>0.25g/t Au) were obtained from 13 rock samples within the permit with a peak value of 29g/t Au. Eight of these samples, including the highest-grade values, came from a 300m-long zone of artisanal workings, which lies directly upstream of a train of highly anomalous BLEG stream sediment samples.

Previous Exploration Permit

2019 Soil Sampling Program

In May 2019, 446 samples collected on two grids – a reconnaissance 800m x 100m grid covering all of the gold-anomalous areas covered by the earlier BLEG survey2 and a tighter 100mm x 25m grid to test the Nonta prospect. The soil sampling program identified two distinct areas for follow-up exploration – a plus 5km-long north-south zone of anomalous gold (20-50ppb) on the broad spaced grid and a 400m-long north-northwest trending higher tenor zone on the tightly spaced grid; the latter remains open to the north. Both zones returned elevated gold values, including peak values of 1250ppm and 325ppb gold respectively.

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