Minotaur Exploration Limited announced that IP geophysical anomalies identified at Pyramid Gold Project, Queensland. Minotaur recently completed its first Induced Polarisation (IP) geophysical survey at the Pyramid project. IP chargeability anomalies possibly associated with basement-hosted gold mineralisation have been defined at Djoser, Pradesh and Gettysberg gold prospects. Gold mineralisation at Gettysberg is known to be spatially associated with sulphide where a historic IP geophysical survey produced a coherent chargeability anomaly over the entire known gold-mineralised envelope along 600m of strike. Gold mineralisation at Marrakesh and Pradesh, along strike 4-6km southwest of Gettysberg also has minor sulphide, considered detectable through IP geophysics. At Djoser, 700m southeast of Marrakesh, a strong coincident gold-lead-zinc-copper-arsenic soil and rock chip anomaly, measuring 600m x 600m, has a geochemical fingerprint consistent with an Intrusion Related Gold System (IRGS) alteration halo. IRG-type deposits typically have sulphide associated with gold mineralisation and hence commonly produce positive IP chargeability responses. Additionally, their metal associations are strongly vertically zoned, with gold-bismuth dominant mineralisation underlying lead-zinc anomalous zones. Djoser has not been drilled previously despite its high-tenor gold-in-soil and silver-base metal anomalism. The IP survey had three main objectives: to determine if gold mineralisation at Marrakesh and Pradesh responded to IP, and if so, did either or both of the prospects have IP chargeability anomalies extending beyond the current limits of drilling; to assess the Djoser IRG-type target for a positive IP response that may be related to sulphide developed at depth below the surface geochemical anomaly, and; to run a trial IP line along strike south of the Gettysberg gold prospect, where there is no historic drilling but the gold-in-soil anomaly continues, albeit at lower tenor to the main prospect itself. If successful further IP surveying would be warranted covering the broader gold-in-soil anomaly along strike to the south. Results of the IP survey provide encouragement for extensions to known mineralisation at Pradesh and Gettysberg gold prospects and indicates that sulphide may be developed below the surface geochemical anomaly at Djoser. 13 lines of Induced Polarisation (IP) geophysical data were collected along parts of the Gettysberg Fault corridor between Marrakesh and Pradesh and east of Marrakesh at Djoser, and from a single additional line south of Gettysberg. Survey lines are spaced at 200m or 400m intervals with depth of investigation down to 200m. Djoser is a substantial gold-in-soil anomaly with +50ppb gold values covering an area 600m x 600m. Coincident lead-zinc-copper-arsenic anomalism is also present in soils over a similar area. Historic rock chip sampling over the broader soil anomaly area also records highly anomalous values including; gold up to 4.1g/t, lead up to 12.2%, zinc up to 0.62%, copper up to 0.54%, silver up to 220/t. The dominant lithology is sandstone with numerous gossanous quartz veins and minor breccia zones. Felsic porphyry dykes are also noted but appear to be only a minor occurrence, although their presence may support the concept of gold mineralisation linked to an IRG-type mineral system. Five (5) lines of IP data, spaced 200m apart, were collected over the main soil anomaly. A large IP chargeability response is apparent over the broader prospect area, with a 600m x 400m zone of 15-25mV/V below the central and southern portion of the gold-in-soil anomaly. These IP responses are very encouraging given the highly anomalous soil and rock chip values at surface. Mapping and additional rock chip sampling will be conducted to better understand the geology in the areas of the IP anomaly with the view to elevate the prospect to drill status. Previous drilling at Pradesh comprised 6 holes that targeted a strong +200ppb gold-in-soil anomaly coincident with minor outcropping quartz veins. The best historic drill intercept is in MDRC007 with 84m @ 0.21g/t Au from surface. Results of the recent IP survey indicate there is no IP chargeability anomaly associated with gold mineralisation where drilled. However, a coherent +16mV/V IP chargeability anomaly is defined on 4 consecutive survey lines covering 600m of strike that lies immediately west of the historic drilling. The chargeability anomaly is offset from the peak of the gold-in-soil anomaly but still lies within the broader +20ppb gold zone. Whilst the known gold mineralisation does not respond to IP, it does not preclude gold being developed with stronger sulphide development, as is the case at Gettysberg, meaning that the IP chargeability anomaly is still considered prospective, as its existence was unknown when previous drilling was undertaken. Minotaur considers the IP chargeability anomaly worthy of further investigation and will soon conduct field checks to advance the target to drill status. Gettysberg hosts significant gold where previous drilling, including the recent 12-hole program by Minotaur, outlines mineralisation over an area 600m x 100m. Numerous zones of high-grade gold occur within a lower-grade gold halo over much of that area. That work focused on a +200ppb gold-in-soil anomaly and is associated with outcropping quartz veining and breccia with attendant strong silica-sericite-chlorite alteration. The Gettysberg soil anomaly is open along strike to the southwest, is less intense (+20ppb) but persistent and has not been tested by drilling. The lower intensity of the surface gold anomaly could be due to the gold system diminishing in strength, or it is deeper and does not outcrop, or there may be other aspects influencing its tenor such as soil type, depth of weathering of the bedrock or other factors. Given the main Gettysberg gold system is known to respond to IP geophysics, with a pronounced discrete chargeability anomaly known from an IP survey completed in the mid 2000’s, Minotaur completed a step-out IP survey line 400m along strike to the southwest to investigate if the chargeability anomaly extends beyond the limits of the Gettysberg prospect itself. The new survey line produced a discrete 18mV/V IP chargeability anomaly that corresponds to the on-strike position of the Gettysberg gold system and lies below a +20ppb gold-in-soil anomaly. A second IP chargeability anomaly occurs 300m east, but its significance is not yet known as it does not have a corresponding gold-in-soil anomaly. Both anomalies will be investigated as part of the field follow-up of the Djoser and Pradesh IP anomalies. It appears likely that the western IP anomaly will require further survey lines to fully map the chargeability anomaly extents that may lead to drill investigation.