Dacian Gold Ltd. provided the update on its exploration program targeting potential base load opportunities across its extensive Mt Morgans tenement package, located in Laverton, Western Australia. Aeromagnetic Geophysical Survey: A comprehensive review of Dacian's existing geophysical data sets revealed a gap in detailed, high-quality aeromagnetic data coverage over the untested and highly prospective southern tenements covering Lake Carey. Consequently, during March 2021 a new airborne magnetic and radiometric survey covering 4,252 line kilometres was flown at 50m line spacings. This new geophysical data covering 178km2 will inform the identification and ranking of new base load targets for Dacian to add to its pipeline of exploration targets being advanced through to drill testing. Previously, this area was flown at 400m line spacings and represents an area that was historically underexplored and highly prospective for well-endowed gold mineral systems. HIGHLIGHTS: Dacian's multi-tiered exploration target strategy focuses on satellite pit, underground and base load opportunities. Mineral Systems approach applied to base load targeting, underpinned by higher resolution aeromagnetic surveys, geomechanical modelling, UltraFine soil surveys and geochronological age dating. New high-quality aeromagnetic survey flown over Dacian's highly prospective southern tenements during March 2021. Drilling of highly ranked and previously untested base load targets to commence in mid-2021. Geomechanical Modelling: Geomechanical modelling over all of Dacian's Mt Morgans tenements was commenced by GMEX Services Pty Ltd. in January 2021. Geomechanical modelling is a highly predictive tool that identifies the best structural targets for localising gold-bearing fluids in a mineral system and is ideally suited to structurally controlled orogenic gold deposits such as those discovered in the Laverton region (e.g. Sunrise Dam). These results will be used in collaboration with the new geophysical survey information to define high priority base load exploration targets to be tested later this year. UltraFine Soil Survey: The innovative UltraFine soil sampling technique detects gold anomalies that are absent in soils in covered areas using traditional survey sampling methods and analytical techniques. Orientation soil surveys using the UltraFine technique have been undertaken by Dacian in advance of larger scale soil surveys and drilling. Three targets with different types of cover are being tested currently and include Rainbow Bore (banded iron formation), La Strada (shear hosted mafic volcanics) and the Basin Margin (clastic sediments). Geochronological Age Dating: The Wallaby mine in the Laverton Greenstone Belt is the most well-endowed gold deposit in the region and is spatially and temporarily associated with syenitic rocks. Syenites are similarly associated with gold mineralisation at Dacian's Jupiter mine and Cameron Well project. These syenites will be dated using cutting edge geochronological methods at the John de Laeter Centre, Curtin University, to test whether these deposits are associated with the same gold mineralisation events. Additional syenites and associated felsic rocks will be dated as exploration programs progress, potentially including those at Cedar Island and the prospects along the Celia Tectonic Zone. NEXT STEPS: The recently flown aeromagnetic survey data and geomechanical modelling work streams are currently being assessed. These results will inform Dacian's exploration drill programs underway this year with drilling of base load opportunities across the southern tenement package beginning mid-2021.