Personal company secretary Stephen Brockhurst

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Sir Laurence Gold Discovery’s strike length doubled to more than 2 kilometers

CEO Ed Turner commented: “Sir Lawrence continues to exceed expectations. There are now important intersections on every drilling line, with a strike length of more than 2 kilometers and a stride length of 500 meters. Importantly, Sir Lawrence’s northern end is the last All four lines performed well. The result was the last drill hole at the eastern end, so mineralization was open there, as well as to the north and west. The diamond core drilling program scheduled to start in early 2022 has now doubled. In addition, there are also plans to carry out Hollow drilling of at least 4,000 meters to test further expansion of Sir Lawrence's mineralization system.

The intersection of 8m @ 5.0 g/t Au in an area hole 1.5 kilometers west of Sir Lawrence also proves the greater project potential. This is a good way to end this year, and we are eagerly looking forward to restarting drilling next year. "

Now, all composite analysis results come from the second hollow project at Goongarrie Lake, which includes Sir Laurence’s 107 holes and the Goongarrie Gold Project area with 32 holes1.

At Sir Lawrence, all 14 drilling lines now run through an important mineralized area.

Strike length of 2 kilometers. Mineralization remains open in all directions, and additional hollow core drilling is planned in 2022 to test the limits of the system.

The new hollow intersection from the north of Sir Laurence, including 12m @ 0.7 g/t Au, 64m from KGA0693 (line I), 16m @ 1.4 g/t Au, 64m from KGA0694 (line J), ​​12m @ 0.8 g/ t Au from the 64m of KHA0736 (line K) and the 12m @ 0.7 g/t Au of 60m of KGA0701 (line L) proves the great potential for further discovery in the mineralization system and the potential for further expansion of the system (Figure 1).

Important new intersections from holes KGA0677-0753 are included in Table 1, and all drilling details are included in Table 2 (NB previously published).

Outside of Sir Laurence, the boreholes on the regional line returned from the 22, 19 and 8 lines to many important intersections (Figure 2, Table 1). These include 8m @ 5.0 g/t Au, 12m in KGA0730, 1.5 km west of Sir Lawrence on Line 8. The Goongarrie gold project has extraordinary potential in multiple discoveries, including a major discovery and the results to date support and enhance this potential.

Figure 1: Sir Laurence Discovery's important core drilling results in the context of magnetism

Table 1: Sir Laurence Discovery and important hollow intersections in the area (>0.1 g/t Au)

Figure 2: The locations of all hollow drill collars for the first and second hollow projects that have been completed. area

The hole completed in the second program is inside the black circle

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Kingwest Resources Ltd. published this content on December 13, 2021 and is solely responsible for the information contained therein. Distributed by the public at 22:37:07 on December 13, 2021 UTC time, unedited and unaltered.