Maiden Drilling Programme Commences at Broad Flat Well Iron Project

Burley Minerals Limited (ASX: BUR, “Burley” or “the Company”) is pleased to confirm that the maiden drilling programme has commenced at the Broad Flat Well Iron Project (E47/4580) in the Pilbara, WA (1).

Highlights

• Heritage surveys completed by the Yindjibarndi Nation in June.
• Earthworks for access tracks and drill pads was recently completed by Yurra Pty Ltd, a civil services contractor majority-owned by the Yindjibarndi Nation.
• Drilling programme has commenced comprising 50 drillholes across >6 km of outcropping Channel Iron Deposits (CID)
• More than 66 hectares of mesa-form, channel iron deposits (CID) identified and sampled with rock chip samples returning assay grades averaging more than 56% Fe.
• Further rock chip sampling and mapping in progress on additional CID areas.

Photo 1: Heritage Survey Team from the Yindjibarndi Nation, with archaeologist, and Burley’s MD/CEO Stewart McCallion

Burley Minerals’ Managing Director and CEO, Stewart McCallion commented:

“Burley’s management are very excited to commence the maiden drilling programme at the Broad Flat Well Iron Project. Thanks to the Yindjibarndi Nation for completing the heritage survey in late June, and to Yurra for expeditious completion of the earthworks thereafter. Burley’s geologist and the drilling contractor have mobilised to site and are now drilling. I look forward to providing an update on the Brad Flat Well Project soon.”

Photo 2: Drill rig established on one of numerous CID targets at Broad Flat Well Iron Project

Broad Flat Well CID drilling programme commences

Figure 1: Broad Flat Well Iron Project Location; the tenement is approximately 115km from Dampier on the sealed, Manuwarra Red Dog Highway.

The drilling programme, as approved by DEMIRS, comprises approximately 50 drillholes over more than 6 km of outcropping CID. The targeted CID mineralisation area is illustrated in Figure 2.

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