Golden Deeps intersects significant sulphide mineralisation at Havilah Project

Golden Deeps Limited (ASX:GED) has announced the intersection of significant sulphide mineralisation in all three completed diamond drillholes at its 100% owned Havilah Project in the Lachlan Fold Belt Copper-Gold Province of central NSW. The drilling program has revealed thick copper and zinc sulphide mineralisation, with hand-held pXRF readings showing promising results.

Executive Commentary on Havilah Project's Initial Drilling Results

The intersection of sulphide mineralisation in all three initial holes at Havilah, including thick zones of copper and zinc sulphide mineralisation in HVD003, indicates we're on top of a large porphyry-sulphide system with similar characteristics to other major copper-gold discoveries in the Lachlan Fold Belt such as Cadia-Ridgeway and the recent Boda-Kaiser discovery. We look forward to completing the remainder of our diamond drilling program and receiving the laboratory results from the holes completed, which will be released as soon as they come to hand and are compiled.

Summary of Golden Deeps' Havilah Project Announcement

Golden Deeps Limited (ASX:GED) has reported the intersection of significant sulphide mineralisation in all three completed diamond drillholes at its 100% owned Havilah Project in the Lachlan Fold Belt Copper-Gold Province of central NSW. The initial drilling program has revealed promising thick copper and zinc sulphide mineralisation, with hand-held pXRF readings showing high-grade portable XRF (pXRF) readings of up to 18.5% Cu and 34.8% Zn. The company's CEO, Jon Dugdale, expressed optimism about the findings, comparing the characteristics to other major copper-gold discoveries in the Lachlan Fold Belt. The company looks forward to completing the remainder of the diamond drilling program and receiving the laboratory results from the completed holes. The Havilah Project aims to target porphyry/volcanic hosted copper-zinc and gold mineralisation in a belt of Ordovician age volcanic rocks, known for world-class copper-gold deposits such as Cadia-Ridgeway and the recent Boda-Kaiser discovery. The company plans to continue its exploration and drilling activities to further evaluate the potential of the Havilah Project.