Pilbara projects drilling confirms gold & lithium potential

New Age Exploration (ASX:NAE)

Brahman Project

· Encouraging results received from the first 13 holes totalling 1500m of the planned 5000m Phase 2 Reverse Circulation drilling program

· The drilling was focused on high priority “Hemi Style” intrusive related and structural gold targets identified from an assessment of multiple geophysical datasets and multi-element geochemistry

· Proof of concept has been confirmed with the drilling encountering significant widths of previously unrecognised Mallina basin sediments beneath thin granitic “caps”, mafic-ultramafic intrusive lithologies, quartz-carbonate veining and extensive alteration halos including strongly developed zones of disseminated sulphides (pyrite)

· Gold potential confirmed with broad, coherent, low order gold and multi-element gold pathfinder geochemical anomalism reported from several drillholes at the Brahman Project, located 20-30 kilometres north of De Grey Mining’s Mallina Gold Project, 6.8 Moz Hemi Gold Deposit (ASX: DEG), Central Pilbara, Western Australia. Significant results include:

o 20m

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