Essential Metals Limited announced that major new field exploration programs set to commence at kangan JV gold project. Highlights: Heritage clearances completed over parts of the Kangan Project tenement E47/3318 with JV partner Novo Resources Corp. (TSXV.NVO) ("Novo") preparing to commence field work, including sampling, before the end of September. The Kangan JV forms part of the Egina Alluvial Project, for which Novo issued an NI 43-101 Technical Report on 30 July 2020. The NI 43-101 Technical Report provides a comprehensive explanation of the types of exploration work being undertaken at the Egina Alluvial Project. In recent months, Novo has consolidated its position in the Pilbara region by buying out holders in the various joint ventures it operates and adding new ground. This included the acquisition of a 30% interest held by Novo JV partner, Mark Creasy, in 510km of tenements plus 100% of Creasy- held tenements totalling 1,865km. On 4 August, Novo announced the acquisition of Millenium Minerals Limited, owner of the Nullagine Gold Project, with the transaction giving it ownership of extensive infrastructure including a 1.5Mtpa process plant - allowing it to fast-track to production. Novo CEO Rob Humphryson and Essential Metals MD Tim Spencer visited the Egina Alluvial Project and other Novo Projects. The following points provide a summary description of the methodologies that Novo Resources is applying at Egina and will apply at Kangan: The Egina Project is highly prospective for gold, with coarse gold nuggets having been located at numerous locations on the Novo and joint venture tenements. Gold is located primarily in shallow Cenozoic gravels. Gold is likely sourced from conglomerate horizons within the Fortescue Formation conglomerates, or from other basement-hosted systems that have eroded away, with the gravels trapped in local depressions and swales. Up to the date of the NI 43-101 Technical Report (30 April 2020), Novo had carried out extensive non- mechanised costean sampling; mechanised mini-bulk sampling via the Mobile Alluvial Knudsen ("MAK"), large bulk sampling and very-large trench bulk sampling (approx. 100t and >700 t, respectively); Reverse Circulation ("RC"), water bore percussion and auger drilling; as well as high-resolution aerial photography and ground penetrating radar ("GPR") at Egina. The large and very-large bulk samples were processed through an IGR 3000 wet plant on site at the Station Peak Mining Lease (M47/561). Novo has been accumulating prospective tenure in the Pilbara and this year has seen it complete the following transactions: 12 March: Novo announced that it had consolidated its mineral property holdings in the Karratha region of Western Australia by acquiring a 100% interest in Exploration Licenses E47/1745 ("Purdy's Reward") and E47/3443 ("47K") from Artemis Resources Limited ("Artemis") and certain Artemis joint venture partners and dissolving the remaining Novo-Artemis joint ventures. 11 June: Novo announced a binding agreement to acquire three Exploration Licences known as the Mt. Elsie Project, comprising an area of approximately 19km2 and located 75km north-east of the town of Nullagine, Western Australia and adjacent to numerous Novo wholly-owned tenements. 12 June: Novo announced that it had entered into an option agreement with Bellary Dome Pty Ltd. for the option to acquire the gold rights in Exploration Licence 47/3555, located in the Southern Pilbara region of Western Australia. 15 June: Novo announced that it had signed a binding term sheet with Mark Creasy, consolidating 2,900km2 of prospective Pilbara Tenure. 4 August: Novo announced that it had signed an agreement to acquire Millenium Minerals Limited, stating it was a ".Transformative Acquisition to Fast-Track Planned Pilbara Conglomerate Gold Production". The transactions listed above demonstrate Novo's belief in the potential of its portfolio of Pilbara Gold Projects, including the Egina Alluvial Project. It is too early to determine how the Kangan Project fits within Novo's prospectivity ranking and, further down the track, within its production pipeline in the context of both the Egina Alluvial Project and its portfolio of Pilbara projects. The upcoming work programmes will begin to provide early information on the prospectivity of small sections of the Kangan Project ground, however, as has already been demonstrated, Novo has been able to explore large tracts of ground in a relatively short amount of time.