Cyclone Metals Limited announce that a follow up sampling program is about to start at the Macraes South project, where rockchip results up to 8g/t gold have been reported. Macraes South is 100% owned and located 40km north of Dunedin in the Otago Province of New Zealand. This additional sampling is planned as a grid sampling program to upgrade an extremely anomalous area to potentially define a drilling target with some complementary regional stream sediment samples.

The grid area will surround Line 4 where extremely anomalous responses were obtained; with 2 rock chips samples 200m & 1km to the SE with 1.78 and 7.96g/t Au respectively and with the area being SE of and on strike of the Nenthorn mining area. The Ionic geochemical sampling completed here returned multiple samples with >25x background responses for Au with is empirically indicative of mineralisation in the near proximity. This grid will be spread across 2 properties and both landowners are agreeable to soil sampling without an access agreement.

It is proposed to undertake a grid sampling program with lines approximately 1600m long, 200m apart with samples collected every 50m. The Mareburn Gold Project is a high priority target with significant gold mineralisation in historical drilling, within the Macraes type thrust lodes. The Macraes South Gold Project has had no substantive exploration and only regional mapping and structural interpretation.

As with Mareburn, Cyclone is targeting the cross-cutting fault system. The Nenthorn Goldfield was discovered is 1888, only operating for a few years with an estimated production of 3,593ozs from 7157 tonnes at an average grade of 15.6g/t Au. Mineralisation was hosted in quartz veins and breccia zones, cross cutting the main fault system.