Redcastle Resources Ltd. advised that RC drilling has recommenced at the company's Redcastle Gold Project in the northern goldfields of Western Australia. In the last 6 months, the Company has successfully executed: two separate RC drilling programmes at Redcastle for a total of approximately 2,650 metres drilled; and a broad spaced auger geochemical soil sampling programme of over 1,000 samples. Each drill campaign has delivered high-grade gold intercepts, and added significantly to the understanding of the gold system present at Redcastle.

The soils programme highlighted the untested prospectivity and potential scale of mineralisation at Redcastle. A total of 2,710m for 43 holes is proposed for this round of reverse circulation (RC) drilling. The current drilling programme has two primary aims: To test deeper and further along strike at the Queen Alexandra prospect; and To expand the drill coverage at Redcastle reef to approximately 700m along strike.

Drilling is expected to be finalised by mid-September with assays to be received thereafter. The locations of the proposed holes are shown on the map below in red. All holes are on M39.318.

The map shows existing holes in black and proposed in red. All holes at Queen Alexandra are drilled south, and the Redcastle Reef holes to the north.