Ann: Significant New Gold Target Identified at Monument, page-8

SYNDICATED TO FAST‐TRACK DRILLING OF SIGNIFICANT NEW GOLD TARGET AT MONUMENT PROJECT, WA   Initial resultsfrom recent IP survey revealstrong chargeability anomaly at A1 North   Highlights  Induced Polarisation (IP) geophysical survey at Syndicated Metals’ 100%‐owned Monument Gold Project in WA identifies a high‐priority exploration target 1.2km north of the recently drilled Korong Prospect.    Modelling and interpretation by respected geophysical consultants Terra Resources Pty Ltd and Southern Geoscience Consultants reveals a well‐defined, shallow, discrete IP chargeability anomaly (+20mV/V).    The new chargeability anomaly is much stronger than the IP/resistivity response associated with the Korong Prospect itself, where drilling last year returned encouraging intercepts such as 6m at 7.28g/t Au from 79m in MRC003.   

Because of its strength and definition, the A1 North target has been rated by both Southern Geoscience and Terra Resources as a high‐quality, high‐priority target, recommended for immediate drilling.    6‐10 hole Reverse Circulation (RC) drilling program planned to begin later this month.



   The tenement covering the A1 North prospect has been recently granted, and drilling approvals are currently underway.    The IP survey has revealed other lower‐order anomalies away from the main mineralised   Korong‐Waihi Corridor. These require investigation once final processing and interpretation of the data has been completed