Exploration Update – Plumridge Nickel Project

Segue Resources (Segue or the Company) is pleased to provide an update on exploration activities at the Plumridge Nickel Project (Project) in the Fraser Range Province of Western Australia. Following a project-wide detailed gravity survey undertaken in 2016, MMG has now completed a HELITEM survey over a large portion of the Project area, with a total of 5,970 line kilometres flown.
All data was sent to AarhusGeo for inversion modelling with the aim of drill testing high priroty targets in September 2017. A sizeable portion of the survey has surveyed depths of up to 600m.

MMG has identified over 15 electro-magnetic (EM) targets and GAP Geophysics has commenced a ground SAMSON Fixed Loop EM (FLEM) survey of selected high priority targetsto refine the orientation of bedrock conductor plates prior to drilling. The ground FLEM programme will cover at least 15 targets and is expected to be completed in late August.
MMG is planning to drill test any high priority conductors identified from the ground FLEM programme with reverse circulation drilling in September 2017. All holes will be cased for downhole EM (DHEM) surveying to be undertaken in a short campaign during the latter stages of drilling.

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