Mila Resources Plc has now received the final results from its 2022 drilling campaign on its Kathleen Valley Gold Project in Western Australia. Kathleen Valley is located in a region that hosts some of the largest gold projects in Australia, including the adjacent, high-grade Bellevue Gold Project, the high-grade producing Agnew Gold Minelocated approx. 50km to the south and the Bronzewing Gold Mine 50km to the northeast.

Initial drilling has confirmed consistent, high-grade mineralisation and Mila has been focussed on expanding this to definea sizeable gold-silver resource. DHEM surveying was completed in the deep and easterly most holes KVDD037 and KVDD038. DHEM logging completed from 50-350m downhole in KVDD0037, but, the lowest section was blocked and the section from 350m to end of hole (EOH 448.2m) could not be surveyed. DHEM logging in hole KVDD0038 was completed from 50-363 m downhole (EOH 365.5m). KVDD0037 produced a moderate strength, broad large in-hole/off-hole anomaly apparent from approx.

100-340m+ DH but the hole was blocked below this depth. The source is of large areal size, <500S and centred above and south of this hole - dip approx. 55-65deg.  In late channels a strong off-hole anomaly is centred at approx. 100-260m DH and represents the high conductance central known sulphide zone above and south of this hole with the same approximate stratigraphic position.

KVDD0038 also produced a moderate strength off-hole conductor positioned approx. 30-40m to the edge south of this hole at approx. 260-270m. This is consistent with the same conductor as mentioned above.

A strong off-hole conductor is positioned above and south of this hole, consistent with the known main central sulphide zone (Coffey Deposit).