Recharge Metals Limited provided another update on the Company's diamond drilling activities at the Brandy Hill South Project located within the Archaean Gullewa Greenstone Belt in Western Australia. Following diamond drillholes BHRCD027 and BHRCD028 reported on the 14th October, two additional diamond drillholes have been completed for a combined total of 836m. BHRCD029 and BHRCD030 were designed to test the modelled Downhole Transient Electromagnetic (DHTEM) conductor (referred to as BHD026-2).

Both holes (BHRCD029 and BHRCD030) intercepted a mafic-ultramafic complex, intruded by felsic porphyry, including extensive zones of massive, semi-massive to disseminated sulphides. The zones of massive sulphides, blebby sulphides and disseminated sulphide mineralisation broadly coincided with the location of the modelled position of the high-order conductor BHD026-2 (~2,400 siemens). Recharge is currently completing a fifth (and final) diamond hole testing an additional DHTEM modelled conductor.

Five (5) diamond holes were designed to test the two high-order conductors (2,400 siemens & 7,000 siemens) identified from drillhole BHD026 and other DHTEM conductors identified from drillhole BHRC017. BHRCD029 was completed to a depth of 411.5m. Preliminary observations of the drill core identified the following stratigraphic sequence; Granite becoming diorite to 127.12m, 127.12 to 200.70m felsic and porphyry lithologies (felsic tuffaceous schist and feldspar porphyry) 200.70 to 383.93m - mafic and porphyry lithologies (gabbro dolerite and feldspar porphyry) including from 347 to 366m a strongly pyrite-pyrrhotite-chalcopyrite mineralised gabbro (the potential source of the DHTEM anomaly), 383.93 to 411.50m - ultramafic lithology (Komatiite) (End of Hole).

All lithologies were variably foliated (weak to strong) and altered (K-metasomatised). Mineralisation, associated with quartz stockwork veining and mixed disseminated to blebby aggregates (pyrite, pyrrhotite & chalcopyrite) was intersected largely within the gabbro unit. BHRCD030 was drilled to a depth of 424.5m.

Preliminary observations from the drill core identified following stratigraphic sequence; Felsic and porphyry lithologies (felsic tuffaceous schist and feldspar porphyry) to 175.56m, 176.56 to 384.96- Mafic and porphyry lithologies (gabbro, feldspar porphyry, and quartz dolerite) including from 343 to 367.83m a strongly pyrite-pyrrhotite-chalcopyrite mineralised massive sulphide (the potential source of the DHTEM anomaly), 384.96 to 424.50m - ultramafic lithology (Komatiite) (End of Hole). All lithologies were variably foliated (weak to strong) and altered (K-metasomatised and serpentinised). Mineralisation associated with quartz veining (pyrite, pyrrhotite & chalcopyrite) occurs as disseminated to blebby aggregates and veins.

This information is based primarily on the visual inspection of the core. The core from BHRCD029 and BHRCD030 is yet to be assayed and analysed. The presence of copper is supported by in-field readings taken using a portable x-ray fluorescence instrument (pXRF).

Next Steps at Brandy Hill South: Completion of one remaining diamond hole. Detailed analysis of all drill core before being submitted to the laboratory for analysis. Assays are pending from eight pre-collar holes and BHRCD027 and BHRCD028.