Completion Of Inaugural Drilling Campaign At Sunshine Deposit

Completion Of Inaugural Drilling Campaign At Sunshine Deposit

AUSTRALIA – Jervois Global Limited reported on its inaugural Sunshine drilling campaign at its Idaho Cobalt Operations (ICO) in Idaho. Drilling results will be utilized to confirm historic drill intercepts, comprised of 19,000m (104 drillholes) of core drilling, within the Sunshine deposit and be incorporated alongside within an updated Australian JORC / Canadian CIM compliant Sunshine Mineral Resource Estimate (MRE). ICO continues with the resource extension programme at its RAM deposit.

Uncapped drill results include: Hole SS23-01A intersected 2.9m CTW at 0.01% Co, 0.27% Cu, 0.03 g/t Au; and Hole SS23-02 intersected 1.2m CTW at 0.34% Co, 10.05% Cu, 13.68 g/t Au. In addition, mineralization was encountered in the hanging wall (HW”) to the Sunshine mineralized horizon, grading 0.42% Co, 0.18% Cu, 0.10 g/t Au across 1.0m CTW. Hole SS23-03 intersected 1.7m CTW at 0.68% Co, 0.35% Cu, 0.51 g/t Au. Hole SS23-04 intersected 0.5m CTW at 1.55% Co, 0.02% Cu, 1.30 g/t Au. Again, additional, mineralization was encountered in the footwall (FW”) to the Sunshine mineralized horizon, grading 0.15% Co, 0.71% Cu, 0.03 g/t Au across 2.2m CTW. Hole SS23-05 intersected 2.6m CTW at 0.78% Co, 0.12% Cu, 0.41 g/t Au. Hole SS23-06A intersected 3.2m CTW at 0.05% Co, 0.89% Cu, 0.07 g/t Au. Hole SS23-07 intersected 0.9m CTW at 0.07% Co, 1.10% Cu, 0.03 g/t Au. In addition, mineralization was encountered in the HW to the Sunshine mineralized horizon, grading 0.78% Co, 0.19% Cu, 0.38 g/t Au across 0.9m CTW, as well as in the FW to the Sunshine mineralized horizon, grading 0.25% Co, 0.22% Cu, 0.03 g/t Au.