Kaiser Reef Limited reported further encouraging drilling results from the ongoing A1 Mine diamond drilling programme. The drill holes are targeting near term and deeper lode positions, including a new high-grade lode. This newly discovered lode, the Neesham Reef, returned a spectacular result of 2.4m @ 215 g/t gold and is situated close to existing planned development drives.

A1 Mine Drilling Results: The latest batch of drill results returned exceptionally high-grade intervals including: A1UDH-484: 2.4m @ 215 g/t gold from 51.9m; A1UDH-485: 0.34m @ 506.8 g/t gold from 4.1m; A1UDH-485: 1.1m @ 31.4 g/t gold from 47.6m; A1UDH-486: 1.6m @ 11.0 g/t gold from 5.7m; A1UDH-487: 1.8m @ 8.3 g/t gold from 13m. These results follow previous stand out drilling results from earlier in this program including A1UDH-472: 4.6m @ 135.7 g/t gold from 36m, A1UDH-476: 1.92m @ 43.2 g/t gold from 3.2m and A1UDH-477: 1.2m @ 127.7 g/t gold from 3m. The drilling was targeting near term mining targets to the south of the Queens lode where very little previous drilling has been conducted and is an encouraging outcome.

Further drilling results are awaited, and the drilling remains ongoing.