Province Resources Ltd. provided an update on drilling results from the Gnama nickel-copper project in the Fraser Range Province of Western Australia. Drilling has confirmed the prospectivity of the Gnama South project with drilling successfully intersecting a mafic intrusive body below historical supergene nickel-copper anomalism. Geochemical data indicates that this intrusion has a similar magmatic source and emplacement history as the Eye intrusion which hosts IGO's Nova-Bollinger deposit some 30km to the northeast.

Fraser Range ­ Gnama Nickel-Copper Project The Gnama Project is located at the southern end of the Fraser Range host to several recent nickel discoveries including Nova-Bollinger (Sirius Resources /IGO), Silver Knight (Creasy Group) and Mawson (Legend Mining). All these discoveries contain similar features: Shallow oxide Ni-Cu-Co anomaly; Barren interval below supergene enrichment; Local geology of meta-pyroxenites intruded into a sequence of quartz-feldspar-biotite-garnet meta-sediments; High-grade sulphide mineralisation, initially identified by either ground EM or downhole EM surveying. Gnama was first identified by Newmont in the 1960's from geochemical sampling and shallow drilling.

Sirius Gold Pty Ltd. then held the tenement from 2004 to 2011. Drilling by Sirius intersected significant elevated Ni, Cu and Co enrichment in the oxide zone above mixed mafic lithologies: Drill hole SFRC0005 intersected 16m @ 0.6% Ni, 0.14% Cu and 0.13% Co from 36m; Drill hole SFRC0006 intersected 20m @ 0.57% Ni, 0.17% Cu and 0.08% Co from 28m. At the time, Sirius remarked that "Whilst the elevated levels of Ni and Co could be explained by lateritic enrichment, the presence of copper suggests that the underlying rocks may contain sulphide mineralisation." Sirius discovered Nova in 2012, a year after drilling the Gnama tenement.

Province's drilling programme aimed to comprehensively test the bedrock below the supergene anomalism identified by Sirius. Drilling successfully reached depths greater than 250 metres and casing was installed to enable DHEM surveying to take place. In total 870 metres were drilled in 3 RC holes.

Drilling intersected mafic intrusive bodies in all 3 holes in close proximity to the Snowy's Dam HEM surveys were completed in GSRC002 and 003 as GSRC001 was blocked. No clear offhole bedrock anomalism was defined in the two holes with localised responses detected at certain depths within the mafic intrusives. As a consequence the focus moves to re-assessing historical surface EM surveys at the project and comparing their effectiveness given the results of Province's drilling.

In addition further trace element studies will be completed to confirm the degree of sulphur saturation and crustal contamination and aid in vectoring to potential targets. Further drilling is likely to focus on mapping out the extents of the Gnama intrusion and providing platforms for further high powered EM surveys to detect sulphide accumulations.Formation, a sulphide-bearing metasedimentary unit. The Snowy's Dam unit has been identified as a source of sulphur and crustal "contaminants" in the formation of the Nova-Bollinger Deposit (Maier et.

al., 20161). Saturation of sulphur in the magma chamber triggers the precipitation of sulphide minerals from the melt and accordingly a source of sulphur is a key criteria in the formation of magmatic sulphide hosted nickel copper mineralisation. Geochemical data from the Gnama intrusion displays a similar fingerprint to the "Eye" intrusion which hosts the Nova-Bollinger Deposit.

According to Maier et al (2016) the Nova-Bollinger intrusives have higher Al2O3 and CaO, and lower FeO and TiO2 at a given MgO content, and show significantly lower concentrations of incompatible trace elements. The presence of sulfide in samples around Nova­Bollinger samples results in the scatter in plots of Ni and Cu vs MgO, which is also seen in the Gnama samples. In contrast, if Ni was present solely in "silicate nickel" ie hosted in minerals such as olivine there would be a linear relationship between Ni and MgO.

Encouragingly assays from bedrock samples contained significant contents of sulphur with values averaging 0.5 % through the mafic intrusive. HEM surveys were completed in GSRC002 and 003 as GSRC001 was blocked. No clear offhole bedrock anomalism was defined in the two holes with localised responses detected at certain depths within the mafic intrusives.

As a consequence the focus moves to re-assessing historical surface EM surveys at the project and comparing their effectiveness given the results of Province's drilling. In addition further trace element studies will be completed to confirm the degree of sulphur saturation and crustal contamination and aid in vectoring to potential targets. Further drilling is likely to focus on mapping out the extents of the Gnama intrusion and providing platforms for further high powered EM surveys to detect sulphide accumulations.