Cavalier Resources Limited announced high grade assay results have returned from its 100% owned Crawford Gold Project (Crawford). The Leonora Gold Project comprises two sub-projects, Crawford and Gambier Lass North, consisting of ten exploration licences, a prospecting licence, a miscellaneous licence and a mining lease. The Crawford Gold Deposit, which includes a 101,000oz JORC compliant Mineral Resource estimate, is located on the mining lease M37/1202.

Previously thought to be a primarily oxide-hosted supergene style mineralized system, Crawford had recently been privately advanced towards an open pit mining operation. As such, while most of the drill spacing was to grade control standards, it was shallow. The Company's maiden RC campaign was initially drilled to test the current 101,000 oz gold resource to provide further confidence both within the current resource and along extension of strike.

It was also designed to test for mineralization at depths previously undrilled. The results confirmed that there is further potential scope for increasing the current Crawford resource along strike, but more importantly at depth below the current resource boundary. Several new untested northern exploration targets were also drilled on the Crawford lease.

No significant intercepts were encountered for gold, however several holes retuned anomalous results. The Company intends to follow up and re-assay these holes for other potential types of mineralization. Results from the Company's drill campaign above 0.5g/t gold assayed are: 22CFRC0001: 9m at 3.84g/t Au from 7m, inc. 4m at 5.57g/t Au from 12m, 7m at 0.99g/t Au from 22m, 5m at 1.08g/t Au from 33m, 10m at 1.01g/t Au from 40m and 7m at 0.74g/t from 53m (end of hole 1m at 1.93g/t Au from 59m); 22CFRC0002: 1m at 1.21g/t Au from 9m, 1m at 2.98g/t Au from 12m, 2m at 0.71g/t from 15m, 1m at 0.59g/t Au from 24m, 9m at 2.65g/t Au from 31m, inc. 2m at 5.51g/t Au from 33m and 1m at 7.20g/t Au from 39m and 11m at 0.87g/t Au from 45m; 22CFRC0003:1m at 0.90g/t Au from 33m, 3m at 1.12g/t Au from 49m and 1m at 0.72g/t Au from 59m (hole ended in mineralization); 22CFRC0004: 1m at 3.51g/t Au from 29m, 1m at 0.69g/t Au from 35m and 3m at 2.82g/t from 45m; 22CFRC0005: 1m at 14.85g/t Au from 25m, 3m at 0.64g/t Au from 32m,13m at 2.08g/t Au from 37 m, inc. 2m at 6.99g/t Au from 42m and 2m at 3.24g/t Au from 55m; 22CFRC0006: 1m at 0.59g/t Au from 22m, 2m at 1.25g/t Au from 25m, 12m at 1.03g/t Au from 31m, 6m at 0.89g/t Au from 46m and 1m at 0.83g/t Au from 55m; 22CFRC0007: 5m at 0.69g/t Au from 29m, 1m at 1.05g/t Au from 40m, 3m at 1.27g/t Au from 45m and 7m at 0.81g/t Au from 52m; 22CFRC0008: 2m at 3.84g/t Au from 17m, 9m at 1.11g/t Au from 46m, inc. 1m at 4.27g/t Au from 52m, 5m at 1.86g/t Au from 59m, 3m at 2.16g/t Au from 70m, inc. 1m at 4.86g/t Au from 72m, 3m at 1.3g/t Au from 76m and 1m at 3.86g/t Au from 82m; 22CFRC0009: 2m at 0.96g/t Au from 36m, 2m at 0.63g/t Au from 40m, 2m at 2.91g/t Au from 48m and 1m at 1.58g/t Au from 59m (hole ended in mineralization); 22CFRC0010: 2m 0.75g/t Au from 37m, 1m at 0.61g/t Au from 43m, 4m at 0.94g/t Au from 49m.