Egan Street Resources Limited announced that it has taken another key step towards developing a high-grade gold operation at its 100%-owned Rothsay Gold Project in WA, (Rothsay or the Project), with a substantial increase in the Mineral Resource to 454,000 ounces. The Mineral Resource Estimate has increased by 53,000 ounces, principally from shallow extensions to the main Woodley's Lode into areas that have historically been poorly, or not at all, tested, as well as identification of additional mineralisation on the Woodley's East hanging-wall lodes. This stems from a combination of successful infill and extensional drilling completed since the last Mineral Resource update announced on 14 May 2018. The increased Resource comprises 1.54 million tonnes at 9.2g/t Au for 454,000oz, reflecting the outstanding high-grade nature of the Rothsay Project and therefore its strong potential to be a low-cost, high-margin project which can deliver robust financial returns. EganStreet Managing Director Marc Ducler said the expanded Resource further strengthened the economic outlook at Rothsay.