Sihayo Gold Limited provided an update on the latest drilling results from the Sihorbo South epithermal gold-silver target at Hutabargot Julu in the North block of the PT Sorikmas Mining Contract of Work located in North Sumatra Province, Indonesia. Sihorbo South ­ Latest Drilling Results Assay results have been received for a further eight holes at Sihorbo South (HUTDD122 to HUTDD129 inclusive). Work in Progress and Planning: Assay results for the last hole HUTDD130 are expected in late June.

Resource modelling of Sihorbo South has commenced targeting a maiden Mineral Resource, which will be assessed at a concept study level for incorporation into the Sihayo Starter Project as a satellite operation. Drilling operations are temporarily on hold at Sihorbo South and planning for the next stage of drilling is in progress. At Sihorbo South the geologists continue mapping and surveying the distribution and depth of these local mine workings to better understand their extent and to estimate the volume of material removed in the subsurface.

Information obtained to-date indicates that the historical mining was highly selective with large amounts of the top of the vein remaining. The workings are believed to be generally shallow (less than 50 m deep) and are more focused on extracting softer, strongly oxidised vein material. A drilling program has recently commenced at Sihayo.

This is a six hole /2,000 m drilling program designed to test for extensions to higher-grade gold mineralization in deeper jasperoid lenses and potentially high-grade feeder structures located below the Sihayo-1 pit, which may be amenable to underground mining.