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Andromeda Metals Ltd.

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Summary

Project:

Eyre Peninsula - Wudinna Camp

Deposit:Wudinna
Location:Australia
Commodities:Gold
Date:5/8/2019
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Scoping Study
Report details:8-5-2019: Andromeda Metals Ltd. announces a Resource Estimation report for its Wudinna deposit at the Eyre Peninsula - Wudinna Camp project. Updated mineral resource at the project. Andromeda Metals (ASX: ADN) has been provided with an updated Mineral Re
Resources:(Resource, I+I): 4.430Mt @ 1.5g/t Au for 211Koz Au contained
CP/QP:[Resources]: Christine Standing (Optiro Pty Ltd.)
ABSTRACT:Andromeda Metals (ASX: ADN) has been provided with an updated Mineral Resource covering the Company’s Wudinna Gold Camp on the Eyre Peninsula in South Australia which is under a Joint Venture with Lady Alice Mines Pty Ltd (“LAM”) (refer ASX announcement dated 31 October 2017). LAM was acquired by London Stock Exchange Limited Cobra Resources PLC (“Cobra”) on 6 March 2019 and as a consequence Cobra is now acting as the operator of the Joint Venture. ADN’s Managing Director James Mash commented, “It is a very positive development to have Cobra Resources undertaking new exploration at the Wudinna Gold Project while the current focus for Andromeda Metals remains the Poochera Halloysite‐Kaolin Project”.

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