Accent Resources NL announced that it has completed a reverse circulation percussion (RCP) drilling programme at the Julia deposit within the Magnetite Range Project (MRP). The MRP is ideally located approximately 300 km by road from the Port of Geraldton in the Central Wheatbelt region of Western Australia and is immediately along strike to the northwest of the historical Extension Hill iron ore mine. The MRP contains total JORC 2004 Measured, Indicated, and Inferred Resources of 434.5 Mt at 31.4% Fe at a 15% DTR weight recovery cut off.

RCP drilling commenced on 17 September 2022 and concluded on 16 October 2022. All samples have been submitted for XRF analysis. Sample batch assay turnaround times have been averaging six to eight weeks.

Upon receipt and verification of all assay results, these will be integrated with the geological logging from the 2021 RC drilling, to aid in a re-interpretation of the geological data for the Julia deposit. CSA Global have been engaged to complete an updated geological model and Mineral Resource Estimate for the Julia deposit, incorporating the recent 2022 RCP drill holes. This work will be integral for future mining studies on the deposit.