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CASTILE Rover 1 and regional exploration Investor Pack

Explorer 108

Explorer 108 is located 35 kms to the west of Rover 1 and drilling to date has defined a lead-zinc discovery with an initial polymetallic resource of 11.8Mt at 3.24% Zn, 2.00% Pb and 11.1 g/t Ag. In addition, a separate Indicated copper resource of 5.7Mt at 0.36% Cu as a blanket has been defined.

35 km west of Rover 111.8Mt Zn-Pb-Ag resourceAdditional 5.7Mt copper blanket
Explorer 108 comparison diagram and geological interpretation

Mt Isa analogue with a primary copper system still to define.

Castile’s geological model for Explorer 108 is a Mt Isa analogue given the numerous geochemical and structural similarities between the two systems. The primary copper system is yet to be defined.

A review of previously captured downhole electromagnetic surveys identified two subtle but significant off-hole conductive anomalies. These are to be re-surveyed using modern equipment to determine a vector to the source for further drill testing.

Polymetallic and copper upside in one page.

Explorer 108 broadens the Rover Project story by combining a defined lead-zinc-silver resource with a separate copper blanket and further untested geophysical targets.