Cohiba Minerals Limited announced significant zinc results from in-fill, follow-up assays for PSDDH01 at the Pernatty C project. The drill program (conducted from December 2021 to March 2022) tested the Tapley Hill Formation for Zambian Copper Belt (ZCB) sediment hosted mineralisation, and to continue to drill to the Wallaroo Group basement for Copper Skarn or distal IOCG (Iron Ore Copper Gold) mineralisation. Geophysical magnetic and electrical conductivity anomalies were used to plan the drill holes.

The original target of high temperature chalcopyrite vein and IOCG related alteration and/or mineralisation was not encountered but significant mineralisation and assay results were obtained from low temperature calcite - sphalerite veins with Zinc-Lead-Silver association. Detailed examination of the drill core resulted in the decision to submit additional samples for analysis. The assay results have been weighted based on the sample length, and all reported intervals are continuous sample lengths.

No minimum assay cut-off has been applied and intervals quoted are down-hole widths true widths are not currently able to be determined. The results are summarised below: PSDDH01:1m @ 5.28% Zn and 2.36ppm Ag from 788m o 7m @ 0.53% Zn from 904m; Including 1m @ 1.57% Zn and 3.5ppm Ag from 907m;1m @ 1.21% Zn and 3.94ppm Ag from 933m o 7m @ 0.63% Zn and 2.56ppm Ag form 978m; Including 0.8m @ 2.13% Zn and 13.3ppm Ag from 982.4m; 6m @ 0.74% Zn and 7.0ppm Ag from 1,078m; Including 1m @ 2.78% Zn, 0.16% Cu, 0.13% Pb, 0.13 ppm Au and 4.4ppm Ag from 1,082m; 8m @ 0.34 % Zn and 2.87ppm Ag from 1,088m.