Project Enhancement Drilling Confirms High Grade Continuity

Date: Nov 9, 2018

• RC DRILLING SUCCESSFUL IN BOTH INFILLING AND EXTENDING DEFINED GABANINTHA MINERALISATION.
• CENTRAL PIT RC RESULTS CONFIRM CONSISTENCY OF GRADE AND WIDTH OF HIGH GRADE MINERALISATION ALONG STRIKE AND DOWN DIP.
• DEPTH EXTENSION INTERSECTIONS 25M TO 50M DOWN DIP OF CURRENT INDICATED RESOURCE. RESULTS INCLUDE:
  • 14M AT 1.17% V2O5 FROM 208M AND
  • 12M AT 1.17% V2O5 FROM 192M.
• RESOURCE INFILL HOLES INDICATE SCOPE TO EXTEND CENTRAL PIT INDICATED RESOURCE STRIKE LENGTH BY +300M TO THE SOUTH. RESULTS INCLUDE:
  • 16M AT 1.26% V2O5 FROM 28M AND
  • 14M AT 1.14% V2O5 FROM 90M.
• INFILL DRILLING AT THE SOUTHERN TENEMENT INTERSECTED HIGH GRADE MINERALISATION IN EACH HOLE WITH GRADES CONSISTENT WITH, OR EXCEEDING, THE RESOURCE GRADES.

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