• DDIP survey defines a high-quality chargeable anomaly at Centre Forest
• Anomaly is untested by previous drilling and may indicate higher-grade Cu-Au mineralization
• Priority diamond drilling program planned to test the target

Constellation Resources Limited has completed a dipole-dipole induced polarisation (DDIP) survey at the Centre Forest Prospect within its 100% owned Ularring Copper Gold Project in Western Australia. The survey has successfully defined and enhanced a high-quality chargeable DDIP anomaly which, along with its location relative to previous drill intersections and relationship within a circular magnetic low, presents as a high-grade intrusion related copper gold target. The modelled chargeability peak responses (>16mV/V) are significantly higher in magnitude than the responses modelled over previous copper-gold drill intersections located up dip, indicating the potential for increased sulphide development and higher-grade mineralization. A priority diamond drilling program to test the promising intrusion related target is planned to commence in the following months, subject to drill rig availability. The Company previously engaged Core Geophysics to review and reprocess a single DDIP section line conducted by Sipa Exploration in 2007 at Centre Forest, which indicated a promising large low to moderate order chargeability anomaly. To confirm and enhance the working geological model, Constellation recently engaged Khumsup Geophysical Contractors to undertake 3 additional DDIP section lines. The modelled results from the newly acquired survey were highly successful in demonstrating the presence of an untested, open coherent, horizontal plunging >16mV/V chargeability zone from 300m depth that is 1.1km x 0.3km in size, with a higher chargeability core > 20mV/V located to the northeast of the 2007 DDIP chargeable anomaly.

A priority diamond drilling program to test the promising target at Centre Forest is on track to commence in the following months, subject to drill rig availability. The initial hole will be a vertical hole testing the highest modelled chargeable zones, and once results are processed, a second hole is planned down dip of a previous drill hole.