Fresh assays from 2017 drilling reveal significantly higher Gold...

Fresh assays from 2017 drilling reveal significantly higher Gold grades than initially reported Specific assays for coarse, nuggety gold measured an average grade of 2.70 g/t Au in 35 samples, up from 1.97 g/t Au in initial assays HIGHLIGHTS •

35 core samples from maiden drilling campaign at the Zackly prospect within its Alaska Range Project have been re-assayed to determine if they contained significant coarse gold. •

The revised assays used a screen fire assay technique designed to provide more representative assays where coarse, nuggety gold and/or native copper is present. •

These results reveal that the average gold grade for the 35 samples using fire screen assay was 2.7g/t compared to 1.97g/t in the initial conventional fire assays. •

The results show that in almost all cases the grade of gold in coarse fractions is higher than in finer fractions. • Revised assays for native copper are expected shortly. •

This may allow for significant gold and copper recovery through gravity separation – this will be evaluated as part of the Company’s metallurgical test program •

The remaining ~100 mineralised core samples have now been submitted for screen fire assaying for both copper and gold. •

These results will be used to calculate the maiden JORC Resource Estimate for Zackly, which is on track for completion in this quarter