• Premier1 has commenced a 3,700m RC drilling program at the Mt Kersey Gold Prospect
• Drilling to test a preserved 1km+ hydrothermal system represented by a coincident gold and multi-element soil anomalies
• PLC is utilising up to $180,000 in EIS funding and an existing $176,000 Strike Drilling credit, significantly reducing cash costs

Premier1 Lithium Limited (ASX:PLC) has commenced a 3,700m RC drilling program at the Mt Kersey Gold Prospect, one of several highly prospective gold targets within the 5km2 zone of known gold mineralization at the Yalgoo Gold Project in Western Australia. The initial holes at Mt Kersey will target the hanging wall of a major inverse fault, where a significant geochemical anomaly, including gold and pathfinder elements such as Mo, Te, Bi, As, Cu, Zn, is evident at surface. This soil anomaly reflects an intact hydrothermal system that has never been effectively drill-tested. High-grade rock chips from the area include 26.4 g/t Au and 14.2 g/t Au, highlighting the potential for higher grades. The drilling program follows the completion of all necessary site preparations, including heritage clearance and access track/drill pad clearing. Premier1 is utilizing up to $180,000 in EIS funding and an existing $176,000 Strike Drilling credit, significantly reducing the cash costs of the campaign. The drilling is expected to be completed in two weeks, with assay results to follow.