Metalicity (ASX: $MCT) Yundamindra Gold Project update

Metalicity Limited (ASX: $MCT) has announced the expansion of its upcoming maiden drilling program at the Yundamindra Gold Project to target the highly prospective Bonaparte prospects. The historical drilling results have shown multiple high grade hits that remain open at depth and along strike. Yundamindra, located approximately 65km southeast of Leonora, is a key project for the company due to its high grade and close to surface nature, having historically produced 74kt @ 19.3g/t Au for 45,000 ounces. Metalicity expects its maiden drilling program at Yundamindra to commence shortly.

Executive Commentary on Yundamindra exploration

The Bonaparte prospect at Yundamindra provides another exciting opportunity for the Company, having returned significant historical intercepts that remain open along strike and at depth. We are only just beginning to understand the potential of this project and with a number of under capacity mills within close trucking distance of the Yundamindra project, we are highly encouraged by the value that may be unlocked from this project.

Summary of Metalicity's Yundamindra Gold Project expansion

Metalicity Limited (ASX: $MCT) is expanding its maiden drilling program at the Yundamindra Gold Project to target the highly prospective Bonaparte prospects, based on historical high grade hits that remain open at depth and along strike. The project, located approximately 65km southeast of Leonora, has historically produced 74kt @ 19.3g/t Au for 45,000 ounces. The company sees this expansion as a significant opportunity to unlock value from the project, with the maiden drilling program expected to commence shortly. Metalicity aims to confirm and extend known mineralisation occurrences within the area, which remain open along strike and at depth, and explore for new, high grade gold discoveries.