Alice Queen Limited reported that core drilling for a Copper-Gold Porphyry Deposit will commence on 4 October 2022 at the company's Boda East Prospect on the Yarindury Project (EL8646), located in the Lachlan Fold Belt, NSW. This drilling program has been designed to test beneath previous drilling by Alice Queen at Boda East which intersected significant zones of anomalous to ore grade copper-gold in a structurally aligned Cu-Au-Mo porphyry system. This system has identifying features such as porphyritic diorite-monzonite-granodiorite dykes, pyrite- chalcopyrite ± bornite bearing quartz-carbonate (+biotite-actinolite-magnetite-epidote-chlorite) veins and disseminated sulphides in potassic to strong inner propylitic alteration around several key dykes.

Of most significance was the intersection of ore grades in association with classic porphyry veining in drill hole 20BEDH001: 1m at 0.90% Cu & 0.07 g/t Au from 326m with observable bornite, and 1m at 0.62% Cu & 0.13 g/t Au from 435m with observable chalcopyrite.