• Highly anomalous gold results from soil sampling extend gold in soil anomalies to 7.3 km2 at southwest Tatau Island
• High grade gold in rock chip samples up to 22.5 ppm Au located between 150-450 m north of previous trenching and drilling
• Widespread alteration and elevated sulphides support presence of large hydrothermal system and exploration potential

St Barbara Limited has reported on the latest successful regional surface sampling and drilling program at southwest Tatau Island, Papua New Guinea (EL609). Highly anomalous gold results have been returned from the hand auger soil sampling program that extends the southwest Tatau Island +0.1 ppm gold in soil anomalies to an area covering 7.3 km2, comparable to the 6.9 km2 area at Simberi Island that hosts the Simberi deposits. In addition, high grade gold in rock chip samples were returned from within the soil anomalies, with values up to 22.5 ppm Au located between 150 m and 450 m north of previous historical trenching and drilling. High grade gold in soil samples from the Mt Tiro area returned values up to 2.39 ppm Au, located between 250 m and 500 m southwest or southeast of previous historical trenching and drilling. The presence of widespread alteration and elevated sulphides recorded in southwest Tatau Island supports the presence of a large hydrothermal system and the exploration potential of the area. The company plans to follow up the results with further soil sampling, trenching and RC drilling.

The company believes the presence of widespread alteration and elevated sulphides within the southwest Tatau Island supports the interpreted presence of a large hydrothermal system and demonstrates the exploration potential of the area. The company plans to follow up the results with further soil sampling, trenching and RC drilling.