Minerva Resources Plc (MVA)

Minerva Resources Plc (MVA)

Exploration Update – Tulu Kapi Gold Project, Ethiopia

Highlights
• Recent drill results show significant depth and strike extensions of high grade mineralisation at Tulu Kapi and additional hydrothermally altered zones
• Significant intersection results include 4.05m @ 5.8g/t Au, 5.47m @ 5.0g/t Au, 8.3m @ 8.55g/t Au, 20.7m @ 4.66 (with 5.3m @ 13.2g/t Au), 1.1m @ 18.0g/t Au,   2.82m @ 9.3g/t Au, 18.5m @ 4.3g/t Au and 11m @ 4.6g/t Au
• Drilling at the adjacent Gudeya-Guji and Guji prospects shows mineralised quartz veins

Terry Ward, Managing Director, commented today:
'The additional assay results verify the continuation of the multiple mineralised intersections with high grade values. They also support the presence of a widely mineralised system at the Tulu Kapi project. The assay results from the remaining holes at Tulu Kapi and  the drilling at the  Dina, Gudeya-Guji  and Guji  prospects are  expected later this month. We are proceeding to investigate the potential for these prospects to be combined with the Tulu Kapi Project in the establishment of a 'one treatment plant - multiple feed sources scenario''.

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