Coolgardie Minerals Limited announced that the third Parcel of oxide ore from the Geko pit has been sold to Northern Star Resources for net revenue of $1.668 million (excl GST). The sold oxide ore represented part of the high-grade supergene zone located in the western area of the pit. The final physical results were 7,980 tonnes at 5.94g/t Au sold for contained gold of 1524oz. The 35% increase in the mined grade above the Mining Reserve grade of 4.40g/t to 5.94g/t Au in this ore zone is a direct result of a comprehensive review conducted by the company following poor reconciliation of the mined grade of the Geko operations in November and early December. The review resulted in: The appointment of Garry Mills as Geko Project Manager in December. RC "grade control" drill spacing being halved from 12m line spacing with 11 m hole spacings to 6m line spacing with 5.5m hole spacings which better defined the ore zones. A collaborative mining review with the mining contractor SMS Mining Services (SMS) to reduce mining dilution within the ore zones. Further grade control drilling is underway to determine the extent of the remaining supergene zone in this area as well as defining the Stage 2 oxide ore zones for mining in January 2019. Exploration on Geko Mining Lease outside of the current Geko Pit (Contributing JV: CM1 70% /Bulletin Resources 30%): In addition to the sale of the high-grade ore, CM1 has undertaken RC drilling immediately west of the western perimeter of the Geko pit to determine whether the high-grade supergene zone extends outside the current pit design. The four vertical RC holes completed intersected mineralisation in three holes with the best intersection of 5m @ 19.09 g/t Au in hole GGCO431 from 37m down hole.