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Exceptional New Thick, High-Grade Intercepts

Exceptional New Thick, High-Grade Intercepts

Highlights:

This release contains new assay results from recent surface drilling targeting the recently discovered high-grade Pepper Gold Prospect (DGRC1431-DT and DGDH071), as well as the immediately adjacent and growing Never Never Gold Deposit (DGDH066 and DGDH072-W2).

Management Comment

Spartan Managing Director and Chief Executive Officer, Simon Lawson, said: “The parent hole to the recently reported deepest intercept at Pepper of 25.24m @ 16.66g/t gold (DGRC1431-DT-W1) rewrites history again, being deeper still and returning an exceptional intercept of 30.79m @ 12.12g/t gold (DGRC1431-DT). These two holes are separated by about 50m and demonstrate the continuity of thick, high-grade gold mineralisation at this exciting new and growing prospect.

“The Never Never Gold Deposit also continues to throw up pleasant surprises, with a new thick and consistently high-grade intercept of 19.67m @ 19.43g/t gold (DGDH066) from within the Inferred area of the existing Mineral Resource Estimate. This near 400 gram x metre result provides strong support for our objective of converting Inferred ounces to the higher confidence Indicated category by in-filling this part of the existing MRE.

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