Austin Metals Limited announced a significant expansion to the gravity survey at the Austin Gold Project in Western Australia. A gravity survey conducted by Atlas Geophysics on the Shadow Prospect commenced on 29 January 2022 and was designed to cover the entire large target area of 6km by 4km. The Gravity survey is particularly important in identifying key mafic host rocks such as dolerites and cross-cutting structures at the Project which are known to host high grade gold deposits in the area, as demonstrated at Musgrave Minerals and their high-grade White Heat and Starlight structures which sit adjacent to the Austin Gold Project.

Preliminary results have been received from the Shadow Block gravity survey and the results are highly encouraging. As a result, Austin has decided to more than double the size of the program to include a new survey block to the north that extends over an area of 6.5 km by 5 km. This will enable Austin to further understand the extent of key mafic rocks across its large tenement holding.

The new North Block survey area covers the important Brunswick Hill, Brians and Mt Sandy prospect areas where high grade gold has been previously reported at all three prospects. This new survey data aims to map key mafic lithologies and important cross structures that are concealed beneath thin soil cover that may be targeted in the next phase of exploration work in 2022 by Austin Metals. The program is expected to be completed in approximately one week with processing and interpretation of results to commence thereafter, which will compliment other recent explorations efforts to identify key drilling targets.