SI6 Metals Limited announce that it has received the final assay results from the Phase Three aircore drilling program completed at the Monument Gold Project (MGP), Western Australia where 119 holes were drilled for 5,636m across four prospect areas. The MGP lies directly adjacent to and along strike of Dacian Gold Ltd.'s ~2Moz Au Mt Morgan's Project). Since acquiring the MGP in 2020, Si6 has been undertaking reconnaissance style aircore drilling across the 304km2 project area to test for a wide range of gold mineralisation styles similar to those evident in DCN's adjoining Mt Morgans Gold Project.

These include bulk tonnage felsic intrusion hosted along with banded iron formation (BIF) and mafic shear zone hosted gold mineralisation. In contrast to the Mt Morgans Project, more than 50% of the MGP comprises shallow surface cover and remains largely untested by shallow surface drilling. The MGP also contains interpreted strike extensions to the host rocks to Glencore's Murrin Murrin Ni-Co operation which are considered prospective for Ni-Co laterite mineralisation.

Aircore drilling at Fred's Well was undertaken with holes positioned on 100m spaced drill lines with collars 40m apart. Previous drilling had been undertaken at the north end of the northern group of workings on a 50m by 100m grid and consisted of shallow, vertical holes which appear to have missed the mineralised zone which projects to surface in between the historic drill collars. The Fred's Well geology is complex, comprising a mixed package of mafic, ultramafic, shale, chert and felsic porphyry intrusive lithologies.

The northern portion of the Fred's Well gold mineralisation occurs along sheared lithological contacts, predominantly associated with sediments and ultramafics. The best intersections from drill holes MOAC262 and MOAC374 are associated with a sediment-ultramafic contact. Historic workings suggest this gold occurrence is located on the intersection of 360o trending lithological sediment-ultramafic contact and a cross-cutting 300o north-west trending shear zone.

Weakly mineralised quartz veining occurring in the hanging wall of the broader mineralised zone in holes MOAC262 and MOAC374 returned: MOAC262: 24m @ 3.24g/t Au from 44m including 12m @ 6.35g/t Au, and MOAC374: 3m @ 2.98g/t Au from 72m. Drill hole MOAC374 was abandoned at 75m depth due to the rods becoming bogged in weathered ultramafic and the hole ended in mineralisation. In the southern portion of Fred's Well, the occurrence of felsic porphyry increases.

Hole MOAC277 intersected significant mineralisation associated with a 200m strike length of historic workings, which are located along the eastern contact of sediments and an interpreted 40m wide porphyry unit.