Cassini Resources Limited announced to provide an update on exploration activities at the Yarawindah Brook Project. The Project is located on agricultural land 20km south of the township of New Norcia, 100km northeast of Perth, Western Australia. The Project is prospective for nickel, copper, cobalt and platinum group elements (primarily palladium and platinum) and is part of an emerging new nickel-copper-cobalt-PGE province that has been validated by Chalice Gold Mines recent high-grade discovery at the Julimar Project, approximately 40km south of Yarawindah Brook. Encouraging Results at Ovis Prospect Continue: Two diamond drill holes were completed at Ovis Prospect. Drill hole YAD0010 intersected multiple narrow, massive to semi-massive sulphide zones with peak grades of 1.96% Ni and up to 1.81g/t combined PGE within a 35m-wide disseminated sulphide zone. Although the host intrusion is sulphide- rich, as demonstrated in the ASX release of 29 May 2020, the Ni-Cu tenors are relatively low. YAD0011 also returned several narrow mineralised intervals e.g. 2m @ 0.69% Ni and 0.51% Cu within a broader sulphide-rich zone. This hole has demonstrated down-plunge continuity of the Ovis Prospect. These latest results support earlier drill results such as: 0.12m @ 5.97% Ni, 0.75% Cu, 0.39% Co & 2.66g/t PGE from 84.3m in YAD0005; 2.25m @ 1.09% Ni, 0.99% Cu, 0.08% Co & 0.24g/t PGE from 84.8m in YAD0008; and 0.9m @ 1.44% Ni, 0.76% Cu, 0.11% Co & 0.19g/t PGE from 86.5m in YAD0009. Mineralisation is hosted in metagabbro and metapyroxenite intrusive sequences, consistent with the exploration model targeting mafic-hosted, orthomagmatic massive sulphides. Drill hole YAD0012 was abandoned before reaching target depth after encountering difficult drilling conditions. The EM conductor is an important target and will be tested as part of a future drill program. The final hole of the program, YAD0013, targeted the XC06 EM conductor at Brassica Prospect. The hole successfully intersected the target plate comprising a 6m zone of sulphides, dominated by pyrrhotite with only minor nickel and copper sulphides. The results are similar to those intersected in drill holes YAD0001-0003 at the Brassica Prospect and with the stronger PGE soil anomalism at XC06 is attributed to greater enrichment in the weathered zone. New Search Space Untested by Previous Exploration: A more significant development is the latest interpretation and greater understanding of the geology and mineralisation at both prospect and regional scales. A review of company and historical drilling, as well as magnetic and electromagnetic data, has found that the Yarabrook Hill area represents only a small portion of a much larger mafic-ultramafic intrusion. Yarabrook Hill has been the main focus of exploration as this is where the intrusion outcrops and weathering processes have enriched PGE mineralisation. Contrary to historical narrow, folded geological model, the intrusion appears to be a flat sheet, at least 330m thick, which dips gently easterly from Yarabrook Hill under shallow country rock sequences. In detail however, the intrusion shows very complex variations in rock types and chemistry over short distances. The eastern part of the intrusion remains untested by drilling and airborne EM and is likely to be a more prospective part of the system, given that Ni-Cu tenors increase from west to east i.e. Brassica to Ovis. The Company has identified a circular magnetic anomaly, known as "Yenart", some 4km to the east of Ovis, which may represent a near surface exposure of the same intrusive system. The upper-most part of the intrusion is a thick sulphide-bearing unit, indicated by Cu values >500ppm (and mostly > 1000 ppm), that ranges in thickness from 70m to 190m. Mineralisation intensity varies considerably over short intervals, which has been observed at the Ovis and Avena Prospects, but is generally stronger near the hanging wall contact, although this is not clear if it is due to primary mineralisation processes or secondary metamorphic and structural overprints. The core of the intrusive complex can be mapped as a gravity anomaly and appears to have approximate dimensions of 18km x 5km. The exposed portion of the intrusion at Yarabrook Hill represents only 2% of the potential full intrusion area defined by the gravity anomaly. Cassini's AEM survey covered only 11% of the aerial extent of this anomaly. Most bedrock drilling in the project has only occurred at Yarabrook Hill with very little bedrock drilling beyond this area. Therefore the majority of this highly prospective intrusion has not been subjected to any form of exploration. The Brassica Prospect is now interpreted as a distal and less dynamic part of the intrusive system, albeit with a significant volume of low-tenor sulphide deposition. Brassica is approximately 4km west of the exposed portion of the main intrusion and does provide insight to the scale of the intrusive complex. The Company intends to progress exploration on multiple fronts: Infill gravity survey to improve anomaly resolution and mapping, Extend AEM coverage to the east and south over magnetic and gravity anomalies, Extend soil geochemistry coverage over the same area, Evaluate untested potential drill targets in the Yarabrook Hill area and Continue to progress land access and environmental approvals for all programs. AEM is a proven technique for the direct detection of shallow massive sulphides in the New Norcia region and is a high priority for the next phase of exploration. Any new EM anomalies would likely require ground EM surveys to validate the anomaly and assist drill targeting. Infilling the gravity coverage will assist with understanding of the intrusion geometry and extent. Expanding the soil geochemistry coverage may provide direct detection of disseminated sulphides and PGE mineralisation whilst also providing additional constraints for any new EM targets. There are several historical drill intercepts and untested EM conductors on the northern end of Yarabrook Hill that warrant drill follow-up. The Company is in the process of gaining land access and other approvals to enable drill testing of these targets.