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Spargoville Project Aircore Drilling Results

Spargoville Project Aircore Drilling Results

HIGHLIGHTS

Aircore holes were drilled in east-west traverses across distinct gold anomalies defined by soil-auger sampling in both E15/1688 and E15/1689. Best results were returned from drilling into two large soil-auger gold anomalies within E15/1688; one representing the Fugitive Prospect and the other, referred to as the Anomaly 37 Prospect. Results from the Fugitive Prospect include:

Results from the Anomaly 37 Prospect include:

The latest aircore results and recent RC drilling results from the Fugitive Prospect (ASX:AWJ Announcement dated 4 June 2024) reaffirm the potential within E15/1688 in particular and provide further incentive to undertake deeper RC drilling in the Fugitive and Anomaly 37 Prospects.

Program and Results

A total of 71 aircore holes were drilled by Kalgoorlie-based Kennedy Drilling in July. Holes were drilled in traverses across distinctive gold anomalies defined by auger sampling within two tenements; E15/1688 and E15/1689 (Figure 1). Eighteen of the aircore holes infilled gaps in drilling in the soil-auger anomaly defining the Fugitive Prospect.

Samples were taken at 1m intervals and combined using a hand-held scoop into 4m composites for gold analyses via 25g aqua regia digest and mass spectrometer finish. The bottom of hole composite for each hole was also submitted for analysis of Au and a suite of 48 other elements via a 4-acid digest and ICP MS finish. Composite samples returning 100ppb Au (0.1g/t Au) or more were resampled as single metre intervals.

Fifty of the 1m samples returned assays of 100ppb Au (ie, 0.1g/t Au) or more. They are recorded as composite intervals in Table 1. Drill hole details are recorded in

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