Tennant Minerals Limited announced that the first hole drilled in the follow-up, up to 4,500m diamond drilling program at the high-grade Bluebird copper- gold discovery has returned a 55m intersection of strong to intense hematite and copper mineralisation. Bluebird is located within the company's 100% owned barkly project, 45km east of Tennant Creek township in the Northern Territory, and at the eastern edge of the Tennant Creek Copper-Gold Mineral Field. This 55m intensely copper mineralised intersection was returned from diamond hole BBDD0012, which was drilled to test the targeted shallow westerly-plunging mineralised zone at Bluebird approximately 20m to the west and deeper (down plunge) than the previous thick and high-grade drill hit in BBDD00091, which intersected: The first hole in the new diamond drilling program at the Bluebird copper-gold discovery near Tennant Creek (BBDD0012) has produced a 55m intersection of strong to intense hematite an copper mineralization from 155m downhole.

The intersection in BBDD0012 is located 20m to the west and deeper than the previous thick and high-grade intersection returned from BBDD00091 of: 50m @ 2.70% Cu, 0.52 g/t Au, 29.8 g/t Ag from 158m (down hole) in BBDD00091, including 24m @ 5.01% Cu, 1.01 g/t Au, 61.7 g/t Ag from 159m, including 5m @ 7.28% Cu, 1.29 g/t Au, 291 g/t Ag from 165m, and, including 4.3m @ 14.7% Cu, 3.10 g/t Au from 176.6m. The BBDD0012 intersection also confirms the intense hematite and copper mineralisation is increasing in thickness with depth to the west at the Bluebird discovery, and that the hole previously drilled on the same section tested beneath the thickest part of the plunging high-grade copper-gold zone: 35.5m @ 2.58% Cu and 0.27 g/t Au from 194m (down hole) in BBDD00102, including 18m @ 4.74% Cu and 0.50 g/t Au from 197m, including 5m @ 6.53% Cu and 0.67 g/t Au from 197m, and including 5.6m @ 8.06% Cu and 0.84 g/t Au from 205m. Drill core is being logged and processed for submission to Intertek Laboratories in Alice Springs for sample preparation ahead of assaying in Townsville.

Drilling of the next diamond hole, BBDD0013, a further 20m to the west and deeper, down-plunge of BBDD0012, is in progress. The latest results provide further confidence that Bluebird is a significant, high-grade copper-gold discovery within the highly-endowed Tennant Creek Mineral Field.