Aeris Resources Limited announced the first drill hole (TAKD001) at the Anomaly K target within the Company's 100% owned Tritton tenement package in New South Wales has intersected an 18.8 metre interval (18.8 metre estimated true width) containing disseminated and banded sulphides (predominately pyrite with lesser chalcopyrite). Drill hole TAKD001 was designed to test a bedrock conductor initially detected via an airborne EM survey and follow-up ground Moving Loop EM (MLTEM) survey. Based on visual logging, sulphide minerals are predominately pyrite with lesser amounts of chalcopyrite. Samples for assay will be sent to the laboratory following completion of logging and results are expected 3 to 4 weeks thereafter. A Down Hole EM (DHEM) survey will commence after the completion of TAKD001 and a follow-up drill hole is then planned. Technical Discussion: Anomaly K prospect was first identified following the detection of a potential bedrock conductor from an airborne EM survey in December 2018. A follow-up ground based Moving Loop survey (MLTEM) confirmed the presence of two potential conductive bodies over the prospect. The larger modelled conductor with dimensions of 250 metres (strike) x 250 metres (dip) is located from 150 metres below surface. It is interpreted to dip moderately (30 to 40 degrees) south-east, which is consistent with a majority of known mineralised systems within the Tritton tenement package. Drill hole TAKD001 was targeted to intersect the bedrock conductor at approximately 200 metres down hole. TAKD001 intersected an 18.8 metre (18.8 metre estimated true width) thick interval from 197.5 metres downhole. Sulphide textures varied between disseminations to massive sulphide bands within a chlorite altered turbidite host sequence (assays pending). Based on visual logging, sulphide minerals are predominately pyrite with lesser amounts of chalcopyrite. Within the sulphide interval a 6.8 metre thick zone of banded massive sulphides is interpreted to be the conductive horizon detected from the various EM surveys. A Down Hole EM (DHEM) survey will now be undertaken to assist with planning a follow-up drill hole Samples from drill hole TAKD001 will be dispatched to the laboratory for analysis. Assay results are expected to be returned early in 2021. Significance of results: The discovery of a thick sulphide interval at Anomaly K is consistent with Aeris' view that there remains significant potential within the Tritton tenement package for the discovery of additional mineralised systems beyond the current known deposits. Within the southern half of the tenement package approximately 750kt of Cu metal has been discovered to date along a 50km stratigraphic corridor between the Budgery and Avoca Tank deposits. North of Avoca Tank the stratigraphic corridor has been confirmed to extend an additional 65km through EL6126 and EL8084 with the potential to extend a further 40km through EL8810. The discovery of a significant sulphide intersection at Anomaly K validates the prospectivity within the underexplored northern half of the Tritton tenement package.