Constellation Resources Limited reports that results from its recent aircore ('AC') drilling have delivered a compelling greenfields nickel sulphide target at the Eyre South Prospect, located within the overall Eyre Anomaly. The Company intends to commence a diamond drilling program this calendar year to systematically progress the evaluation of this promising prospect. Highlights include: Results from infill AC holes have confirmed a number of positive attributes underpinning the prospectivity of the Eyre South Prospect, including: A continuous, thick nickel-copper-cobalt-PGE ("Ni-Cu-Co-PGE") regolith blanket that is currently 380 metres in strike, up to 110 metres wide and remains open at depth; Mappable concentric zonation of high magnesium rich minerals in the basement units (increasing olivine and pyroxene content) that is located directly beneath the regolith anomaly. The zoned pattern could represent a feeder zone for the greater intrusion, a recognised favourable setting for the possible accumulation of nickel sulphides; and Optical petrological analysis from bottom of hole ("BOH") AC chips sourced within the interpreted "feeder zone", have confirmed the presence of trace levels of magmatic nickel-copper sulphides in multiple holes, underpinning the host rocks fertility. All assay results have been received from the Company's July 2021 and recently completed August 2021 AC programs. The August program consisted of 24 holes for a total of 2,367 metres. The two key objectives achieved by the program included completion of infill drilling at the Eyre South Prospect around reconnaissance hole KAC0091 to notionally 50 metre centres, in addition to infill and extensional drilling to test for further regolith anomalism at Wylie Anomaly, a new emerging nickel sulphide target. The Eyre South Prospect is located within the overall Eyre Anomaly, a highly prospective Ni-Cu-Co-PGE geochemical target interpreted to be over three kilometres in strike and up to 300 metres wide. The anomaly is located near the interpreted contact of a younger intrusive suite. The decision to complete the infill holes to 50 metre centres was critical to confirm both the continuity of a thick Ni-Cu-Co-PGE regolith blanket and in advancing the geological understanding of the basement rocks at the Eyre South Prospect. The same approach will be adopted to progress the other emerging targets in the area.