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G11 defines new Copper / Gold drill target at Sedgwick Bluff TAS.
G11 defines new Copper / Gold drill target at Sedgwick Bluff

About this update from G11 Resources Limited
G11 Resources Ltd ('G11' or 'the Company') is pleased to announce it has recently modelled high priority drill targets at its Sedgwick Bluff Copper / Gold target located next to Sibanye Stillwater's Mt Lyell Copper / Gold mine in the world class Mt Read Volcanics. These new targets are located nearby to Queenstown and are approximately 1.1km from the Copper Chert ore body which is part of the Mt Lyell mine. The G11 Resources technical team is currently in Tasmania reviewing logistics and meeting with potential contractors in preparation for drill approvals for the proposed drill site to test these anomalies. It is G11's immediate priority to finalise the grant of EL11/2025, complete Flora and Fauna surveys and seek drill approvals from Mineral Resources Tasmania (MRT). The G11 Resources technical team has also identified other high priority areas at the NE Pyrite zone and once further analysis is complete, the Company will make further ASX announcements in relation to exploration plans on these additional targets ABOUT TASMANIA AND THE MT READ VOLCANIC BELT Tasmania's Mt Read Volcanic belt is home to a world class mineral endowment and has mines such as Mt Lyell (Cu, Au), Henty (Au) , Roseberry (Zn, Pb, Cu, Ag, Au), Hellyer (Zn, Pb, Cu, Ag, Au), and Renison Bell (Sn). The Mt Read Volcanic belt still remains largely underexplored predominantly due to access. Mining is the largest contributor to Tasmania's GDP and western Tasmania's economy is highly reliant on mining and mineral exploration. The state government is highly supportive of the mining and exploration industry. Significantly Tasmania is powered 100% by renewable energy. New Copper Target The new Copper Target is a modelled CSAMT (Controlled Source Audio-frequency Magnetotellurics) anomaly identified at the Zig Zag area of Sedgwick Bluff . This resulted from the inversion and modelling completed by a qualified and suitably experienced Geophysicist from Geokincern Pty Ltd , an independent consultancy contracted by G11 Resources to complete the interpretation and review of the data collected on the Sedgwick Bluff tenement. The CSAMT survey was completed by the previous exploration licence holders in 2021 (for further details please refer to the Appendix A). The Sedgwick Bluff Project is included in the proposed acquisition of Pacific State Metals (Holdings) Pty Ltd , which was approved by shareholders of G11 at a general meeting of shareholders held on 6 November 2025 . Contact: Email: [email protected] Competent Person Statement The information in this report that relates to Exploration Targets and Exploration Results is an accurate representation of the available data and is based on information compiled by Mr Richard Buerger who is a Member of the AIG (6031). Mr Buerger is a consulting geologist to G11 Resources Limited . Mr Buerger has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person (CP) as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC). 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr Buerger consents to the inclusion in the report of the matters based on his information in the form and context in which it appears (C) 2025 Electronic News Publishing, source ENP Newswire
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