Conico Limited through its 100% owned subsidiary Longland Resources Limited provide an update on the commencement of drilling and magnetic geophysical surveys at the Ryberg Project. Drilling commenced at the Ryberg Project on the 19th July with three diamond drill rigs on site, drilling 24 hours a day. The first drill target is a series of electromagnetic (EM) anomalies identified by surveys conducted in 2017 and 2020. All rigs are at the Miki Prospect where the EM anomalies are at depths ranging from between 80-200m from surface and are prospective for magmatic sulphides. Previous surface sampling in the vicinity yielded grades up to 2.2% copper, 0.8% nickel, 0.1% cobalt, 3.3g/t palladium and 0.2g/t gold. The objective is to determine whether a concentration of similar mineralisation exists at depth. The drill program will consist of a minimum of 5,000m with the contract allowing a maximum for a maximum of 10,000m. The Company also has the option to keep all drilling equipment on site in preparation for the recommencement of drilling in 2022. In addition, the heli-borne aeromagnetic geophysical survey has also commenced and will be flying the entire Ryberg Project area at 200m line spacing. The total survey distance is in excess of 24,000-line km and will give significant new insights in to the Project area.