Kingsrose Mining Limited has received results from resampling 524.1 metres (328 samples) of quarter cut historical drill core from the Porsvann and Karenhaugen intrusions at its 100% owned Porsanger PGE-Copper-Nickel project in Finnmark County, Norway (Tables 1 and 2, and Figures 1 to 4). The resampling program included the analysis of rhodium, gold and nickel sulphide which were not analysed historically. Kingsrose resampled mineralised intercepts from four quarter cut historical drill holes at Porsvann and five holes at Karenhaugen (Figures 2, 3 and 4) for a total of 328 samples (including QC samples).

The aim of the resampling program was to validate the grade and thickness of historical intercepts, as well as to analyse for rhodium, nickel sulphide and a larger suite of elements for lithogeochemical analysis, as historical data is limited to platinum, palladium and copper analyses only. Platinum, palladium, gold and multielement analyses were carried out on all samples, with select intervals submitted for additional rhodium and nickel sulphide analyses. The results confirm the thickness and grade of historical intercepts (Figure 1), and also indicate the presence of potentially significant rhodium mineralisation (Table 1).

Elevated nickel sulphide is associated with sulphide mineralisation in hole PV-04 and indicates that more massive styles of mineralisation have the potential to be nickel bearing. The multielement suite of data will allow Kingsrose to examine metal ratios and zoning patterns for target generation and geological interpretation purposes.