RC DRILLING UNDERWAY AT LADY SAMPSON

Caprice Resources Ltd provided an update on the Northampton Polymetallic Project (Northampton), located in the Northampton Mineral Field of Western Australia. Northampton is a historical mining area with over 100 years of base metals mining, with minimal on-ground exploration completed during the last 50 years. Phase 2 RC drilling has commenced at Lady Sampson, approximately 40km southeast of the town of Northampton. Phase 2 is following up the February RC drill program, which was the first drilling completed in the area. The maiden program was very successful, intercepting high-quality base metals mineralisation in the majority of the holes completed. This new program aims to test the grade continuity between the original intercepts, as well as strike and depth extensions. The new program is being drilled towards the west, which should yield an optimal orientation to assess the potential of Lady Sampson.

Managing Director, Andrew Muir, commented: “The first drill results from Lady Sampson were excellent, considering it was a maiden program in a new area. Phase 2 will yield further insights into the potential for the Prospect given the zone remains open at depth and along strike. We look forward to seeing how this exciting new area develops, and as a proof of concept for future targeting in the region.”