Heavy Minerals Limited announce that drilling has recommenced at its 100% owned Port Gregory Project. Specialist Mineral Sands Driller, Bostech Drilling remobilised to site on the 7th January to begin the 2022 campaign. The 2021 program saw a total of 100 holes drilled for 3,094 m. Assay results for the entire 2021 program will be available for release to the market in late January, subject to laboratory throughput and HVY's interpretation and compilation.

The drilling program at Port Gregory, has been extended by two months to the end of February as part of HVY's phased approach to the campaign. HVY is focused on key deliverables including JORC Mineral Resource definition, confidence in the Mineral Resource estimate and extension of the mineralised footprint. Importantly, HVY remains on target to deliver a Maiden JORC Mineral Resource in First Quarter 2022 as originally planned.

The additional time drilling in January and February will allow the Company to finalise the resource definition component of the campaign, infill drill key mineralised zones to develop resource confidence and to extend the mineralised footprint of the project beyond the original target area. Tenement E70/5934 was applied for on the back of encouraging visual panning results at the eastern boundary of Tenement E70/5160.