Technology Metals Australia Limited announced results of the diamond drilling component from the Northern Block of tenements resource infill and extension drilling program in support of the Definitive Feasibility Study at its Gabanintha Vanadium Project. The resource infill and extension drilling program consisted of 45 holes for 6,730m across the Northern Block of tenements and the Southern Tenement; with nine diamond holes (including four (4) RC pre-collars) in the North Pit area and eight diamond holes in the Central Pit area. The diamond drilling was designed to infill and extend the Northern Block Mineral Resource estimate in the North and Central Pit areas, aimed at increasing the Indicated Mineral Resource category/Probable Reserve estimate, and provide additional geotechnical and metallurgical data. RESOURCE INFILL AND EXTENSION DRILLING - NORTHERN BLOCK DIAMOND DRILLING: The Gabanintha resource extension and infill drilling program, which consisted of 6,730m of RC and Diamond drilling across 45 holes, was designed to: extend the Northern Block Mineral Resource estimate to increase the overall resource size and the Indicated Mineral Resource category/Probable Reserve estimate; upgrade, and convert part of, the Southern Tenement Inferred Mineral Resource estimate; provide geotechnical data, in particular for the footwall portions of the designed pre-feasibility study open pits, to enable a steepening of the designed open pit walls; and generate additional diamond core sample for the ongoing metallurgical test work program, including testing by proposed process plant equipment suppliers. Diamond drilling in the Northern Block of tenements consisted of: nine holes for a total of 1,127m in the North Pit area, with one geotechnical hole (GBDD017) not designed to intersect the mineralisation and the majority of the basal massive magnetite mineralisation intersected in GBDD014 removed for metallurgical testwork; and eight holes for a total of 1,279m in the Central Pit area, with four geotechnical holes (GBDD027 to GBDD030) not designed to intersect the mineralisation and the majority of the basal massive magnetite mineralisation intersected in GBDD023 removed for metallurgical testwork. Assay results for five of the diamond drill holes completed in the North Pit area of the Northern Block of tenements were reported in December 2018. Assay results for the RC drilling component of the resource and infill drilling program were reported in November 2018. The company has now received assay results for the balance of the diamond drill holes completed in the Northern Block of tenements. NB: five of the diamond holes completed in the Northern Block of tenements were solely for collection of geotechnical data (not assayed) and the majority of the basal massive magnetite mineralisation intersected in two holes (GBDD014 and GBDD023) has been removed for metallurgical testwork (assays pending). Diamond drilling in the Northern Block of tenements has been extremely successful In both infilling and extending the high grade basal massive magnetite mineralisation, with all holes designed to intersect the mineralisation returning high grade intervals, including 16.5m at 1.0% V2O5 from 166m (GBDD019, North Pit extension), 14m at 1.21% V2O5 from 156m (GBDD024, Central Pit extension) and 15.5m at 1.22% V2O5 from 16m (GBDD025, Central Pit infill). The North Pit and Central Pit areas of the Northern Block of tenements has now been drilled on nominal 100m line spacings over a combined strike length in excess of 2.3km, with a particular focus on extending the Indicated Resource component at depth and to the south of the southern portion of the Central Pit area. This drilling has confirmed the outstanding consistency of grade and width of the broad zones of basal massive magnetite mineralisation both along strike and down dip, extending the mineralisation in excess of 300m south of the current southern end of the Central Pit/southern limit of the Indicated Resource and intersecting the basal massive magnetite mineralisation at vertical depths of up to 190m. The high grade basal massive magnetite mineralisation remains open along the full strike length of the North Pit and Central Pit areas. The shallow diamond drill holes completed in this program confirm the very shallow weathering profile and low oxidation levels in the North Pit area, with negative or low (<3%) LOI's in all but one of the basal massive magnetite mineralisation intersections in this area, and the relatively shallow weathering profile and low oxidation levels in the Central Pit area. N.B. low LOI's indicate the presence of magnetite at shallow depths, with associated high recovery factors to magnetic concentrates. The shallow oxidation profile has positive implications for early access to higher yielding high grade mineralisation. The presence of this higher yielding high grade mineralisation has been confirmed through a systematic program of Davis Tube Recovery (DTR) testwork that has been completed on composite .samples throughout the North Pit and Central Pit areas. The DTR testwork was completed on composite samples (up to 4m composites) from all lenses and oxidation states across the proposed open pit areas using samples from the 2017 drilling program above a 0.4% V2O5 cut off grade. Full analysis of the data from this DTR testwork is ongoing, with initial results indicating an average 85% vanadium recovery in to a magnetic concentrate across all ore types within the current proposed North Pit. MINERAL RESOURCE ESTIMATE UPDATE - INCORPORATING BASE METALS: Assay results and geological data from the Gabanintha resource extension and infill drilling program are being incorporated in to an update of the overall Gabanintha Project Mineral Resource Estimate, initially focused on the Northern Block of tenements. The drilling has been very successful in extending the basal massive magnetite mineralisation down dip of the current Indicated Mineral Resource Estimate /base of the designed "PFS" open pits as well as along strike to the south. The results from the Northern Block of tenements drilling are expected to result in a proportion of the previously defined Inferred Mineral Resource Estimate being upgraded to Indicated Mineral Resource category and that the Inferred Mineral Resource Estimate will be extended further down dip. This expected upgrade of the Northern Block of tenements Indicated Mineral Resource Estimate highlights the scope to materially deepen the open pit design. Importantly the high grade basal magnetite mineralisation remains open at depth along the combined North Pit and Central Pit areas strike length in excess of 2.3km. As disclosed in December 2018 the Company has identified scope to produce a base metal concentrate from the non-magnetic tailings (tailings) fraction of the vanadium processing circuit.