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High-Grade Assay Results from the Didievi Project

High-Grade Assay Results from the Didievi Project

HIGHLIGHTS

The assay results from hole first drill hole of the program have returned shallow and wide high grade gold values, the highlight intersection being 33.0 m at 2.4 g/t of gold from 31 m (DDD047).

The drilling program was designed to expand and upgrade the recently announced shallow, high grade, maiden gold inferred resource of 4.93Mt for 452koz of gold at 2.9 g/t Au (1.0 g/t Au cut off)1.

The first hole, DDD047, was drilled in the Domain – SW of the Blaffo Guetto prospect (Figure 1).

The mineralised intercept obtained by the first drillhole, DDD047, is located outside of the Blaffo Guetto Inferred Resource envelopes (Figure 2).

Mineralisation from hole DDD047 is hosted in a quartz porphyry (Figure 3a). Field traverses have identified sub- crops of the porphyries on the surface above this intersection suggesting that the mineralised porphyry extends to the surface, and it also remains open at depth (Figure 3b).

The discovery of the porphyry acting as a main host of the gold mineralisation is new for the Didievi Project and indicates the presence of a new mineralisation type, which significantly enhances the prospectivity of the project area and the potential for new gold discoveries. The gold lodes delineated by the previous drilling data were preferentially controlled by shear zones cutting the host volcano-sedimentary succession and also distributed along the contacts of the intrusive porphyry bodies. The mineralised porphyries represent new exploration targets and mapped by resistivity high anomalies, which could be due to unexposed and yet to be drill-tested porphyry bodies.

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