Castile Resources Limited advised that results from Hole 22CRD001-1 have revealed a new high grade gold zone at the Company's 100% owned Rover 1 Project. The new gold structure occurs outside, but directly adjacent to, Castile's current Mineral Resource Estimate (MRE) for Rover 1 in the Jupiter Deeps section of the deposit. The upper part of Hole22CDR001 has returned an exceptional intercept of IOCG mineralisation of: 31m at 4.0 g/t Gold, 1.0% Copper and 0.1% Bi from 868m (TW 20.2m) downhole.

This included a high grade core zone of: 9.5m at 9.6 g/t Gold with 1.4% Copper and 0.2% Bi from 881.5m downhole. This intercept points to the discovery a new additional high grade gold zone where late stage shears cut the IOCG alteration and also extends the Jupiter Deeps zone further down-dip. Other results from 22CRD001-1 include: 7m @ 2.5% Cu with 0.5g/t Au and 0.1% Bi from 906.0m downhole.

inc 1.7m @ 6.6% Cu with 0.8g/t Au and 0.1% Bi from 907.7m downhole. 8m @ 1.4% Cu with 0.9g/t Au, 0.1% Bi and 0.1% Co from 828.6m downhole. inc 5m @ 1.7% Cu with 1.2g/t Au, 0.1% Bi and 0.1% Co from 831m downhole.

Additionally, Hole 22CRD001-1 continued in IOCG alteration for 173.4 metres downhole expanding the interpreted true width of the Jupiter Deeps IOCG alteration to 86m (from 66m). The hole exited the IOCG alteration laterally which opens the base of the system for further extensions of the new high-grade copper-gold zones at depth. The drilling program continued with another wedge cut from this hole with the aim of testing the Ganymede high grade gold zones in the hanging-wall of the main IOCG zone.

. This wedge has been completed and the core is being prepared for assay. These results will be presented to the market as they are received.