Castle Minerals Limited (ASX: CDT) ('Castle' or the 'Company') advises that a recently completed soil sampling program, which infilled previous wide-spaced auger sampling, has advanced several gold and base metal anomalies to drill-ready status at the Castle owned Polelle project located immediately to the east of the Meekatharra gold mining district of Western Australia.

The 827 sample point program has defined a gold anomaly of approximately 800m associated with the northern extent of an interpreted splay structure running sub-parallel to the Albury Heath shear zone. This shear zone hosts the Westgold owned Albury Heath gold deposit (ASX: WSX) (528,000 tonnes at 2.09g/t Au1) adjacent to the eastern boundary of Castle's Polelle licence.

Previous auger sampling by Castle along the splay structure returned coherent gold anomalism extending north-south for 2km. Whilst the soil and auger anomalism is generally of low-order, this is considered reflective of the alluvial and colluvial covered regolith. As previously disclosed, the wide-spaced auger sampling has indicated that the splay-related anomalism could extend south for an additional 2.2km towards the Lordy Bore area where the splay is interpreted to join the Albury Heath shear zone.

This is supported by several anomalous rock chip samples grading up to 4.91g/t Au which were collected by Castle where the splay intermittently outcrops as a quartz vein breccia. The Albury Heath shear zone and its splay extend for a combined 12km on the Polelle licence. Given the close association of gold anomalism with these structures, the scope for exploration success is considered strong.

Base metal anomalism

The recent soil and previous auger sampling results have also highlighted several areas of base metal anomalism. Coherent lead-zinc anomalism has been better defined in the northeastern corner of the Project by the recent infill soil sampling. This anomalism is associated with basaltic rocks which would suggest an association with a VMS style of mineralisation. The soil sampling covering the extension of the Albury Heath Shear into the far southern section of the licence has revealed a zone of anomalous zinc mineralisation with coincident low-level lead anomalism.

This is associated with felsic sedimentary rocks and may be indicative of a SEDEX style geological setting. The auger sampling also highlights several areas of copper anomalism associated with shearing in mafic volcanic / intrusive rocks as well as anomalous nickel values associated with ultramafic rocks. These will all be the subject of future exploration programs and emphasises the broad multi-metal prospectivity of the Project.

Contact:

Stephen Stone

Tel: +61 (0)418 804 564

Email: stone@castleminerals.com

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