Alice Queen Limited provided an update regarding exploration at its 100% owned Viani (SPL1513) Project, located on the Pacific Rim of Fire in Vanua Levu, Fiji, following a week long field program. Highlights: Viani demonstrates the potential to host a high-grade gold epithermal deposit; Recent field program has been completed successfully; Known and historic features were re-surveyed and the historic grid issues have been resolved-an important task as it enables Alice Queen to reliably utilise the historical exploration data; Further rock chip samples were obtained and have been dispatched for assay; All rock chip samples from recent reconnaissance and field programs and will be reported in coming weeks. Field program: Led by exploration manager Mr. Melvyn Levrel and local Viani guides, a weeklong field reconnaissance program was undertaken to primarily: Resurvey known and historic features to resolve historic grid issues which will now enable the company to reliably utilise the historical exploration data; Further reconnaissance of geology of the area; Obtain further rock chip samples.

All rock chip samples from this and recent reconnaissance and field programs which have been dispatched for assays and the Company anticipates reporting these in the coming weeks. A new quartz reef, "Chris' Reef'' has been identified, 3 km along strike from Inoke's Reef, inside the gold (soil) anomaly and well aligned with the inferred mapped quartz system. Chris' Reef outcrops over an area of ~15x5m but the quartz system could potentially be sub-cropping over 100+m as several sub-crops were observed.

This suggests that some trenching could help to assist in identifying the wider quartz system.