• High-grade gold results from the Fernyside lode confirm continuity of historical high-grade mineralisation
• Broad zone of lower-grade gold stockwork mineralisation intersected in the Main Lode
• Initial drilling confirms expected mineralisation exists within broad vein stockwork zones between historic voids

Aeris Resources Limited has provided an update on activities at the Golden Plateau deposit, located within the company's 100% owned Cracow tenement package in Queensland. The Golden Plateau deposit has been the most significant contributor to the known Cracow goldfield, with approximately 850,000 gold ounces produced between the 1930s to 1990s. The current 30-hole, 6,400m diamond drill program is designed to validate and refine the geological interpretation and confirm sections of the current void model. Significant gold intersections have been returned from the first two drill holes, including 5.0m at 12.7g/t Au from the Fernyside lode and 19.3m at 0.9g/t Au from the Main Lode, which includes higher-grade intervals of 2.1m at 1.3g/t Au and 2.2m at 5.5g/t Au. The high-grade intersection from the Fernyside lode is located along strike of the previously mined open pit, while the intersection in the Main Lode is located down dip of the previously mined pit and between the historical underground workings. The drill program is scheduled for completion in May, with assay results to be returned progressively and incorporated into an updated geological model to support open-pit mine design and environmental permitting assessments.

The company believes the Golden Plateau deposit has the potential to become a major ore source for Cracow, significantly extending the known life of the operation.