Pursuit Minerals Limited provide assay results from Air Core (AC) drilling at the Commando Project in June 2022. Drilling at Bungarra Prospect discovered a deep weathering trough trending NE-SW with significant chlorite and albite alteration of saprolitic granite. These wide-spaced 320m x
80m traverses have identified a >800m trend of low-grade bottom-of-hole (BOH) bedrock gold mineralisation up to 200m wide, similar to early exploration results of the Golden Cities gold deposits (~1.5m Oz Au -Federal, Havana-Suva and Jakarta) by AMAX and Centaur Mining. The Bungarra mineralisation appears to trend NW, similar to the trend observed at Havana-Suva and Federal gold deposits nearby, although additional drilling is required to confirm this. The gold mineralisation is hosted in weakly oxidised granite as noted in Plate 1 below. It is not known if grades will increase substantially below these first BOH anomalies and additional drilling is required to clarify this. One-metre samples of anomalous composite zones have
been collected and submitted for urgent assay at ALS Laboratories Perth. The 5 holes drilled at WCUB911 located strong potassic alteration and one shallow result of 4m @ 0.81 g/t Au confirms gold anomalism at the prospect. Drilling at Skink prospect failed to locate any significant gold mineralisation in the iron and silica altered saprolitic granite (14 holes completed, average depth 29.6m). At Paddington North, 42 holes across auger gold anomalies were completed along the highly sheared greenstone-granite contact at Wedge, as well as the Whisperer mafic body within 9-mile monzogranite. At Wedge, strong chlorite-biotite alteration is developed whilst at Whisperer quartz-sericite and iron alteration was noted. At Whisperer the best grades were located on line 6629870N to the north of historical workings and close to the greenstone-granodiorite contact, a common structural setting for gold mineralisation in the area. Additional drilling is warranted to search for high grade mineralisation at Whisperer.