Commencement of Drilling at Mount Hope

19/03/2020

A 1,400 metre aircore drilling program commenced this week at the Mount Hope Halloysite-Kaolin Prospect.

The Mount Hope Prospect is located on Andromeda Metals' 100% owned EL 6286 located approximately 80 kilometres northwest of Port Lincoln in South Australia.

The drilling is being undertaken within the historic Mount Hope kaolin resource of 12.26Mt that was outline by Abaleen Minerals NL in 1973 (refer ADN ASX release dated 24 October 2018). This Mineral Resource estimate is not reported in accordance with the JORC 2012 Code and investors are cautioned that the Company has not yet completed the work to verify the historical resource estimate.

Technical work conducted by the South Australian Department for Mines and Energy recognised the existence of high value halloysite-kaolin material similar to that found at the Poochera Project.

Work is continuing on the Poochera Project Pre-Feasibility Study which is planned for release during late April/early May.

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