Gecko North

GECKO NORTH GOLD PROJECT – WESTERN AUSTRALIA

The Gecko North tenement E15/1587 is considered to have underexplored potential for both structurally-hosted gold mineralisation and paleochannel-hosted gold accumulation similar to that in development at the Jaurdi Gold Project (ASX: BCN) 5km to the NE. Segments of paleochannel are recognized in the north-eastern part of the tenement and scope is seen for reconnaissance aircore drilling targeting gold shed from the western side of the Jaurdi Range gold deposits.

The Company has continued to compile all previous exploration over bedrock structural targets and has identified several areas where past surface sampling may have been too wide-spaced to provide an effective test, and structural targets in granite areas north of the Gekko gold deposit that remain unexplored.

The Company started geochemical work during the first quarter of 2019, collecting 219 auger samples on five local grids. No significant gold anomalism was returned in this work. Additional sampling is currently planned.

Targetting continues, with potential recognised for geochemical drilling to test unexplored structural zones along the northern margin of a large granite intrusion. The transported profile over this target area is too thick to allow effective surface sampling techniques.