Cookes Creek Western Extension JV Giralia 30% free carried, Hazelwood Resources Ltd 70%

Hazelwood Resources Ltd (Hazelwood) is earning a 70% participating interest with Giralia free carried at 30% to decision to mine in a large tenement in the Pilbara region of WA. Hazelwood completed a major Hoist EM airborne electromagnetic (EM) geophysical survey over the JV tenement, which outlined several conductive responses of interest including a large conductor at the Copper Gorge prospect, and three conductors at Far West along the Cookes Creek ultramafic sequence to the west of Hazelwood’s 100% owned Anomaly Hill nickel sulphide deposit. Previous drilling at Copper Gorge has intersected copper (zinc) mineralisation (13.7 metres @ 0.47% copper including 1.5 metre@ 2.3 % copper, and 4.7 metres @ 2.24% zinc, 0.14 % copper and 8.4 grams per tonne silver). Hazelwood plans drilling of conductor targets on receipt of statutory and Native Title clearances.