Caeneus Minerals Ltd. announced results from the first pass exploratory air core (AC) drill program on its Roberts Hill Gold Project in the highly prospective Mallina Basin, Pilbara. The company completed the AC drill program in late October 2021 and has now received all analytical results from 4 metre composite samples submitted to ALS Laboratories in Perth. A comprehensive multi-element protocol (AuME-TL44) was selected for lithogeochemical and vectoring purposes.

Of the total 197 holes drilled, the Company previously reported that 84 of these holes terminated in sulphide accumulation across the prospective areas targeted in this drilling campaign. Several holes returned anomalous results for gold as well as a number of shallow intercepts confirming silver mineralisation. The best mineralized intercept was encountered in RHAC147 which lies within an interpreted NW trending shear zone crosscutting a sediment/granite contact.

As this is the maiden campaign across a prospective region never drilled before in the Pilbara, exploration holes have been spaced at 200 metres across the various target zones. The Company will now focus on these areas of mineralisation to determine whether a follow up program incorporating E-W closely spaced fence line traverses may reveal the potential for continuity across the Roberts Hill tenure. The Company has added the mineralised intersection in RHAC147 as a new bedrock exploration target within an expanding Mallina Basin exploration portfolio.

These mineralised areas of interest will be revisited as part of a broad secondary drilling program also incorporating the eastern portion of the Roberts Hill tenements and the Mt Berghaus applications that currently remain in a pending status. The Company has now concluded its maiden exploration campaign across Roberts Hill in the Pilbara. The team are working diligently to interpret the significant technical data received from this initiative whilst formalising the schedule for activity to continue over the weeks and months ahead.

It is anticipated that the Company will continue to build momentum across its Pilbara tenements and looks forward to providing ongoing updates to shareholders as ongoing programs are finalised and in the case of Mt Berghaus, as tenements are granted and prepared for exploration.