KASAI (ELEMENTAL)

Provided an update, where airborne geophysics, geological mapping, trenching, channel sampling, soil geochemistry and stream sediment geochemistry had been completed. Results from the exploration had identified four priority targets for drill testing within the project area, including the Mt Lupamba-Kassulu, Mt Lupanda-Kamana and Kasana targets.

Reported to have continued with geological mapping, trenching, channel sampling, soil geochemistry and stream sediment geochemistry. The trenching programme has been focused on the Mt Lupamba-Kassulu and Mt Lupanda-Kamana targets. The infill sampling will enable better placement of the trenches and ensuing drilling. A total of 23,548 soil samples have been taken to date on the Kasai Gold Project with 19,111 results received. Highlights from the results received include 4m at 13.3 g/t Au, 4.5m at 5.5g/t Au, 2m at 17.49 g/t Au and 8m at 8.44 g/t Au including 2m at 51.22 g/t Au from a trench located at the west end of main Kassulu Pit and 4.5m at 1.1g/t Au from a channel sample from the far west wall of Kassulu Pit. Also found 0.30m at 32.88 g/t Au and 4m at 7.84 g/t Au from outcrop to south of main Mt Lupamba mineralised zone.

Reported to date a total of 19,600 soil samples and 11,922 results have been received. Zones of gold anomalism have now been traced over a significant area at the Kasai Gold Project measuring approximately 20km x 6km. Confirming the interpretation of the area as a potential gold district.