Neometals Ltd. announce an updated nickel Mineral Resource at its Armstrong deposit ("Armstrong"), estimated in accordance with the 2012 JORC Code. Armstrong forms part of the Mt Edwards Project located in a province of historic nickel sulphide mines. Utilising historical and new drilling and assay data, the reinterpreted Mineral Resource at Armstrong has increased by 60% to 13,200 tonnes of contained nickel. Reverse circulation ("RC") drilling was undertaken at Armstrong in December 2019. The RC program infilled the Mineral Resource to improve the understanding of the interpreted down plunge mineralised zone and to test the extent of remobilised high-grade shoots at depth below the main ultramafic-basalt contact. The recent RC drilling intercepted massive nickel sulphide, including 6 metres @ 8.11% nickel from 206 metres down drill-hole. This was the first nickel exploration drilling at Armstrong since 2007 and helped validate the previous drilling information and furthered the understanding of the channel geometry. The data produced by the December 2019 RC program warranted a reinterpretation of the Mineral Resource and has been used to produce a refined and focused Mineral Resource to JORC 2012 specifications considering modern mining techniques and economic factors. The Armstrong Mineral resource was estimated by Richard Maddocks from Auralia Mining Consultants and reviewed by Snowden Mining Industry Consultants. Future work at Armstrong will include diamond core drilling and sampling to understand the mineralogy and metallurgical characteristics, and RC drilling to increase confidence sufficient to upgrade the Mineral Resource classification and pave the way for advanced mining studies.