Tribune Resources Limited ('Tribune' or the 'Company', ASX: TBR) is pleased to provide this resource drilling update for its Adiembra prospect in Ghana.

Tribune Resources (Ghana) Limited is 100% owned by Tribune and operates the mining lease for the Japa Project in Ghana, where the Adiembra prospect is being drilled. This announcement has been authorised by Anton Billis, Managing Director of Tribune Resources Limited.

Contact:

Stephen Buckley

Tel: +61 8 9474 2113

The Reverse Circulation and Diamond Core drilling program at the Japa Project which commenced in December 2019 continued throughout the March Quarter. The drilling program was designed to more clearly define mineralisation within the Adiembra prospect through infill drilling and testing both lateral and depth extensions to the system, ultimately enabling a Mineral Resource estimation to be prepared.

Gold mineralisation at Adiembra is hosted by narrow quartz and quartz-pyrite veins which crosscut a sequence of shale, siltstone, sandstone and phyllite in a regular orientation almost normal to the strike of the rock package. Drilling by Tribune to date has defined mineralisation within a very broad system over 1400 metres long, up to 700 metres wide and to a maximum depth of 255 metres below surface. Within this large system, mineralisation is concentrated within two distinct lodes, Adiembra West and Adiembra Central. Adiembra West has a strike length of over 1250 metres and ranges from 40 to 80 metres in width whilst Adiembra Central has a strike length of over 1400 metres and ranges from 60 to 180 metres in width. Both lodes are open along strike and at depth.

Drilling will continue throughout April and it is anticipated that the current campaign will be completed during May. Upon receipt of all data a Mineral Resource estimation for Adiembra will be undertaken.

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