Further to its announcement on 9th January AusQuest Limited provided additional information and data to provide clarification of the statements regarding the visual estimates of mineralisation made in its release to the ASX dated 9th January 2020. Visual estimates of copper mineralisation made in the announcement are based on qualitative geological logging of drill core from drill-holes CDFDD08, 09, and 11, made by the Company's geologists. Visual estimates of mineralisation have a high degree of uncertainty and should not be used as an estimate or substitute for grade. Assay results for the holes are awaited and are expected during February 2020. The copper mineralisation appears to occur within andesitic volcanics that are overlain by relatively thick copper-poor dacitic volcanics. The copper sulphide mineralogy consists of chalcopyrite, bornite and chalcocite which occur in variable amounts within veins and breccias in sub-vertical shears and/or sub-horizontal manto-style structures that vary in thickness from several metres up to ~20 metres down-hole thickness. The visible copper mineralisation occurs in trace to low/moderate disseminated amounts, with mineralisation starting at down-hole depths ranging from ~190m in drill-hole CDFDD011, ~285m in CDFDD08 and ~395m in CDFDD09. A table containing the visual estimates of volume percent copper minerals for each drill-hole is provided below. Correlation between drill-holes is difficult given the reconnaissance nature of this program with drill-hole spacings generally greater than 250 metres in order to provide a more regional picture of the copper distribution than the definition of mineralisation intersected during the previous program. Once the Company has received and interpreted all assay data following completion of the drilling program, it will be in a position to develop a more complete understanding of the mineralisation and its controls and the potential of the prospect.