The Board of Laneway Resources Limited continuing high grade gold assay results from the geotechnical diamond drilling program completed earlier this year at the high grade Sherwood and Sherwood West deposits within Laneway's 100% owned Agate Creek Gold Project in North Queensland, part of its Gulf Savannah Region gold portfolio. Assays received for the Geotechnical Diamond Drilling at Agate Creek continue to deliver high grade gold results. Significant drill intercepts at the Sherwood deposit include: CCDD542 14.76m @ 4.29 g/t Au from 29.6m.

Including: 1.1m @ 9.88 g/t Au 1.15m @ 15.85 g/t Au 2.26m @ 8.0 g/t Au CCDD544 1.5m @ 6.13 g/t Au from 79m (including 0.5m @ 11.08 g/t Au) Significant drill intercepts at the Sherwood West deposit include: CCDD549 2m @ 3.41 g/t Au from 31m (including 1m @ 4.63 g/t Au) CCDD550 1m @ 6.01 g/t Au from 41m. These are the final drilling results from diamond drilling program completed earlier in the year. The diamond drilling program was designed primarily to assess geotechnical constraints for pit designs and where possible also targeting additional deeper Rhyolite zones at Sherwood and Sherwood West.

The drilling program follows the completion of the multi-element study, and was designed to confirm the interpreted intrusion related gold system (IRGS) potential and targeted: Interpreted extensions and repetitions at Sherwood and Sherwood West; and The deeper interpreted high grade gold zones below Sherwood.