DGAP-News: Conico Ltd. / Key word(s): Drilling Result 
Conico Ltd.: FIRST DRILL-HOLE AT RYBERG INTERSECTS SIGNIFICANT SULPHIDE MINERALISATION HIGHLIGHTS 
2021-07-26 / 10:29 
The issuer is solely responsible for the content of this announcement. 
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ACN 119 057 457 
AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT 
26 July 2021 
FIRST DRILL-HOLE AT RYBERG INTERSECTS SIGNIFICANT SULPHIDE MINERALISATION HIGHLIGHTS 
- Hole MIDD001 is the first ever drill-hole at the Ryberg Project and has been successfully completed, intersecting 
significant sulphide mineralisation from 78.24m to 133.12m (for a total of 54.88m) downhole. 
- Sulphides are present in semi-massive, matrix, vein and disseminated forms. The most abundant zone of mineralisation 
is between 117-124m downhole that contains approximately 4.5m of sulphide-bearing rock. 
- Preliminary investigations indicate that mineralisation may consist mostly of pyrrhotite and pentlandite, plus minor 
chalcopyrite which is a typical magmatic sulphide assemblage. 
- MIDD001 was collared on electromagnetic (EM) target ME1, within the Miki magmatic sulphide prospect. 
- Drill core will be processed and assayed as soon as possible. 
- The second drill-hole MIDD002 is near completion, and rigs have been established on holes MIDD003 and MIDD004, all of 
which are targeting magmatic sulphides at the Miki Prospect. 
Conico Limited (ASX: CNJ) ("Conico" or "the Company") and its wholly owned subsidiary Longland Resources Ltd ("Longland 
") are pleased to announce preliminary results from drill-hole MIDD001, the first ever drill-hole to at the Ryberg 
Project designed to test a magmatic sulphide target. 
The drill-hole encountered a sequence of highly altered gneiss intruded by mafic rock that contains zones of intense 
sulphide mineralisation (figures 1,2 & 3), commencing at 117m drilled depth. In aggregate the sulphide-rich portions of 
the drill core cover a width of approximately 4.5m and consist of non-pyritic sulphide that is likely to be pyrrhotite 
and pentlandite, plus minor chalcopyrite - therefore prospective for nickel and copper. The results are preliminary in 
nature as no drill core has yet been sent for analysis, with results in this announcement coming from observation of 
the core by a suitably qualified and experienced geologist. 
Longland CEO Mr Thomas Abraham-James said: 
"I would like to start by saying thank you to the shareholders and directors of Conico for putting their faith in 
Longland Resources when they acquired the company last year. We are a greenfields exploration company in a location far 
from Australia, they saw what I did in the potential of our Greenland assets. I take tremendous satisfaction in the 
first ever drill-hole to occur at Ryberg encountering significant sulphide mineralisation." 
The Ryberg Project is located on the east coast of Greenland (Figure 4) approximately 350km NW of Iceland. Longland (a 
wholly owned subsidiary of Conico) is the 100% owner and operator of the licences that cover an area of 4,521km^2. 
The current drilling program is focussed on two priority targets at Ryberg that commenced in July. The prospects are: 
- The Miki Prospect (Cu-Ni-Co-Pd-Au): Magmatic sulphide mineralisation associated with mafic dykes/sills that have 
intruded through Archean basement gneiss and Cretaceous sediments. There are well developed showings of 
copper-palladium-gold-rich sulphides at surface, with mineralisation occurring as globular sulphides up to 15 cm in 
diameter consisting of pyrrhotite and chalcopyrite. Grab samples from surface returned up to 2.2% copper, 0.8% nickel, 
3.3g/t palladium and 0.15 g/t gold. A second nickel-rich sulphide phase is also present, with surface samples grading 
up to 0.8% nickel and 0.1% cobalt. 
- The Sortekap Prospect (Au-Ni): Gold mineralisation is present at surface and is associated with quartz veins within 
Archean amphibolite, with surface samples grading up to 2.7 g/t Au. The mineralised veins trend ENE-WSW and appear in 
rusty bands in the field, caused by the oxidation of sulphides associated with the veins. Three sulphide phases have 
been identified which are arsenopyrite, pyrite and minor chalcopyrite. Adjacent to the gold veins is an ultramafic 
intrusion exhibiting magmatic sulphides with surface samples grading up to 0.33% nickel. 
This ASX Announcement contains preliminary results from the first hole drilled at the Miki Prospect magmatic sulphide 
target. There are three diamond drill rigs on site that commenced drilling on the 19^th of July 2021, with the first 
hole MIDD001 completed on the 25^th July and the second and third holes (MIDD002 & MIDD003) currently underway. All 
holes are targeting the Miki Prospect however one rig is scheduled to mobilise to the Sortekap Prospect later in the 
season. 
Hole MIDD001 was drilled at an 80 angle using a CDI 500 heli-portable diamond drill rig from surface (Figure 6). The 
hole encountered ice until 30m drilled depth, then immediately entered Archaean gneiss that persists for the majority 
of the hole except where it is intruded by a coarse grained equi-granular rock between 117-124m drilled depth, the rock 
is likely to be mafic gabbro and is coincident with the zone of most sulphide mineralisation that contains 
approximately 4.5m of sulphide-bearing rock (Figure 7). It is worth noting however that sporadic pyrrhotite-pentlandite 
(plus minor chalcopyrite) is visible further up the hole in the form of fine veins and disseminations, and further 
downhole as matrix breccia and fine veins. 
Further mineralogical analysis is required but drill core observations indicate that sulphides are non-pyritic, most 
depicting varying shades of bronze colours, low hardness, slightly magnetic and are therefore compatible with 
pyrrhotite-pentlandite assemblages, plus minor chalcopyrite. 
The sulphide mineralisation which extends over 54.88m shows gradational textural characteristics with increasing 
sulphide content. In order starting from shallow to deep the visible sulphides consist of: 
- Fine veins (mm to cm scale) 
- Numerous commencing at 78.24m drilled depth 
- Sulphide matrix breccias (30% sulphide) 
- 100.91-101.59m downhole 
- 120.66-121.41m downhole 
- 121.83-121.88m downhole 
- 132.77-133.12m downhole 
- Disseminated 
- 117.10-117.20m downhole 
- Semi-massive sulphide (30-50% sulphide) 
- 117.5-120.47m downhole 
- 121.41-121.83m downhole 
All Miki Prospect drill-holes planned for this season are targeting modelled plates interpreted by geophysicist Kim 
Frankcombe from EM data acquired in 2020 (Figures 5 & 6). The interpretation concluded that three modelled plates 
satisfy the EM signal and are collectively referred to as the ME1 target. The three plates form a U shape that may 
represent sulphides accumulated along the base of a chonolith (intrusive conduit that channels magma) that is 300m wide 
and open along strike to the west. Drill-hole MIDD001 was drilled on the western margin of the southern-most plate and 
the mafic rocks intersected between 117-124m may represent the margin of the interpreted chonolith. 
Drill-hole MIDD001 was terminated at 217m depth in un-mineralised gneiss. The core is in the process of being cut, then 
sampled and sent for assay this week. Assays are anticipated to be received in 4-6 weeks, pending turnaround time at 
the assay laboratory. 
In addition to the drilling, a regional 200m line spaced heli-borne magnetic survey is underway. 
Guy T Le Page, FFIN, MAusIMM 
Executive Director 
COMPETENT PERSONS STATEMENT 
The information contained in this report relating to exploration results relates to information compiled or reviewed by 
Thomas Abraham-James, a full-time employee of Longland Resources Ltd. Mr. Abraham-James has a B.Sc. Hons (Geol) and is 
a Chartered Professional (CPGeo) and Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM). Mr. 
Abraham-James has sufficient experience of relevance to the styles of mineralisation and the types of deposit under 
consideration, and to the activities undertaken to qualify as a Competent Person as defined in the 2012 edition of the 
Joint Ore Reserve Committee (JORC) "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore 
Reserves". Mr. Abraham-James consents to the inclusion in this report of the matters based on information in the form 
and context in which it appears. 
FORWARD-LOOKING STATEMENTS 
This announcement contains forward-looking statements that involve a number of risks and uncertainties. These 
forward-looking statements are expressed in good faith and believed to have a reasonable basis. These statements 
reflect current expectations, intentions or strategies regarding the future and assumptions based on currently 
available information. Should one or more of the risks or uncertainties materialise, or should underlying assumptions 
prove incorrect, actual results may vary from the expectations, intentions and strategies described in this 
announcement. No obligation is assumed to update forward-looking statements if these beliefs, opinions and estimates 
should change or to reflect other future developments. 
Annexure 1 
Drill-hole     Easting Northing  Elevation Dip Azimuth Length 
MIDD001        565,714 7,571,884 298m      -80 215     217m

Annexure 2

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July 26, 2021 04:29 ET (08:29 GMT)