Golden Mile Resources Limited announced that it has completed a reverse circulation (RC) drilling program at its Yarrambee base metals Project, located in the Murchison region of Western Australia. The RC drill program comprised a total of 10 holes for 1,663 metres. Reverse circulation ("RC") drilling completed at Yarrambee Project 10 holes for 1,663 metres completed All holes successfully reached target depth All holes sampled on 4m intervals, and 1m where sulphides were intersected Samples have been submitted to the lab for assay analysis and preliminary results are expected in approximately 6 weeks The 100% owned Yarrambee Project is located approximately 500 km north-east Perth within the Murchison region of Western Australia.

The Project is prospective for both VMS copper-zinc sulphide mineralisation and magmatic nickel-copper-PGE sulphide mineralisation. Historical and Company drilling to date has confirmed copper and zinc mineralisation associated with sulphide mineralisation within a volcano-sedimentary sequence which has some similarities with the Golden Grove VMS deposit located approximately 115km to the west. The Project also contains a large area of the Narndee Igneous Complex ("NIC"), a layered intrusion that historical work in the region has shown to be prospective for magmatic nickel sulphide mineralisation.

Previously Golden Mile reported that a promising new target horizon, consisting of structurally controlled hydrothermal copper mineralisation, was intersected in initial drilling carried out at the TBW target which included 2m @ 2.29% Cu and 5.5 g/t Ag from 57m (YERC003). The Company also reported that the drilling completed at the Tank target was inconclusive and more drilling required. The recent drilling included follow-up at TBW, and testing of the high priority Tank target.

The drilling also tested three targets identified as potentially structurally controlled hydrothermal copper mineralisation similar to TBW. The remainder of the drilling was completed at the Narndee South, ND1-4 and TB5-7 targets and continued the systematic testing of base metals (Cu, Ni, Zn, Pb) identified in the previously announced airborne electromagnetic ("AEM") and moving loop electromagnetic ("MLEM") surveys.