• Maiden soil program identifies strong 1.3km x 0.45km gold-copper anomaly at Chatham
• Chatham overlies a late-time VTEM anomaly, indicating potential for conductive sulphide mineralization
• No previous systematic exploration or drilling has been undertaken at Chatham

Constellation Resources Limited has announced the results of Ultrafine+TM soil sampling programs and recent diamond drilling activities within its 100% owned Ularring Gold Copper Project in Western Australia. The maiden soil program at Ularring has identified a strong geochemical 1.3km x 0.45km gold-copper soil anomaly at the Chatham target, located over the regionally important Meenar Shear. The Chatham geochemical anomaly exhibits maximum values of 78ppb Au and 1,126ppm Cu, with associated silver, tellurium and tungsten. This suite of coincident elements is consistent with known gold-copper drill intersections at Ularring. Chatham overlies the northern edge of a bullseye, late-time Versatile Time Domain Electromagnetic (VTEM) anomaly that was identified from a historical survey, which may indicate a conductive sulphide-rich unit below and potentially a prospective drill target. A review of historical records and field inspections indicates that no systematic on-ground exploration or drilling has ever been undertaken in the Chatham area. The Company has lowered the priority at its Centre Forest prospect while focusing on progressing the newly identified Chatham target, which represents an exciting new exploration opportunity within the Ularring Project.