RC And Diamond Rigs Commence Drilling At Morrissey Hill, Yinnetharra, W.A.

Reach Resources Limited (ASX: RR1 & RR1O) (“Reach” or “the Company”) is pleased to advise that Strike Drilling and DDH1 Drilling have both mobilised their drill rigs and crews to the Company’s 100% owned Morrissey Hill Lithium Project, late last week. As of this morning, both RC and Diamond Drill rigs have commenced drilling high-priority drill targets at the Bonzer Pegmatite Field.

HIGHLIGHTS

• Drilling has commenced at the Company’s 100%-owned Morrissey Hill Lithium Project, Yinnetharra WA
• Morrissey Hill is located adjacent to Delta Lithium’s (ASX: DLI) Malinda Lithium Project, Yinnetharra WA
• The maiden drill campaign consists of a proposed ~2500 RC (Strike Drilling) and ~2000 diamond drill hole (DDH1) program, concentrated on the Bonzer Pegmatite Field
• The Company is fully funded to complete a significant drill program at Morrissey Hill and upon any success, would quickly look at expanding its activities in the area

Figure 1: One of the drill rigs on site

The maiden drill program will consist of a proposed ~2500m RC and ~2000m diamond drill hole program concentrated on the Bonzer Pegmatite Field but may include reconnaissance holes at the Malibu Lithium prospect, the Swallowtail Copper prospect and further south of the Bonzer Pegmatite Field where a large number of outcropping pegmatites have been recently mapped and heritage cleared.

The program will include ~8-10 RC holes to approximately 100m to 300m depth and another 8-10 DDH to similar depths for ~4500m drilling in total. Holes are planned to assess grade, size and scale of the mapped pegmatites and test for the presence of “blind” sub-surface pegmatite bodies.

Figure 2: Morrissey Hill with Rig in the distance

This announcement has been authorised by the Board of Reach Resources Limited

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