Calidus Resources announced to report robust assay results from infill drilling at the Klondyke deposit within its Warrawoona Gold Project in Western Australia. Results from the infill drilling include: 2 m @ 44.55 g/t Au from 11m (20KLRC553) incl. 1m @ 88.65g/t from 10m; 21m @ 2.29 g/t Au from 2m (20KLRC556) incl. 2m @ 9.37 g/t Au from 2m; 19m @ 2.31 g/t Au from 5m (20KLRC559); 32m @ 1.31 g/t Au from 15m (20KLRC567); 17m @ 2.15 g/t Au from 36m (20KLRC562) incl. 1m @ 23.9 g/t Au from 39m; 18m @ 1.78 g/t Au from 36m (20KLRC550) Mineralisation to EOH; 26m @ 1.09 g/t Au from 34m (20KLRC551); 6 m @ 3.93g/t Au from 28m (20KLRC561) incl. 1m @ 16.4 g/t Au from 29m; 9 m @ 2.44g/t Au from 42m (20KLRC566) Mineralisation to EOH; 8 m @ 2.31g/t Au from 46m (20KLRC549) Mineralisation to EOH; and 21m @ 1.23 g/t Au from 21m (20KLRC564). The Klondyke deposit lies within mining leases M45/669, M45/547 and M45/670 approximately 25km southeast of Marble Bar. It forms part of the Warrawoona Gold Project and was initially discovered during the Pilbara gold rushes of the late 19th century when limited small-scale mining was undertaken. The Klondyke deposit currently contains a Resource of 42.3Mt @ 1.02g/t for 1.4Moz (Measured, Indicated and Inferred) and Ore Reserves (Open Pit and Underground) of 14Mt @ 1.2g/t for 521koz. In October and November 2020 twenty-seven (27) shallow RC holes for 1,595m were drilled. The drilling continues the Company's approach to a de-risking strategy through improving the drilling density and geological understanding in areas of the pit that will be mined in the early years of the updated mining schedule. As part of this de-risking, the drilling tests the veracity of the current Mineral Resource estimate covering the westernmost end of the Klondyke open pit (Klondyke King). Drilling was undertaken on the Highway Shear immediately adjacent to the planned Klondyke Pit to follow-up on low-grade rock chip samples and historic workings (Figure 4). Results for this drilling are presented in Tables Two and Four. Mineralised intercepts occurred in two holes beneath the workings including 2m @ 7.2 g/t Au from 16m in hole 20HWRC008. Additional drilling at the Highway Shear will be planned to assess continuity of the best intercept from this limited program. The proposed decline at Warrawoona is currently designed to cross-cut the Highway Shear near this intercept. Drilling at the Fuchsite Valley prospect, planned to follow up on an anomalous 3m @ 3.48g/t Au composite sample in water bore 20WWWB023 on the eastern extension of the Klondyke Shear, did not replicate the grade in the original composite. The details for these holes are also presented in Tables Two and Four. The results do support the extension of mineralisation along the Klondyke Shear but no additional drilling is planned at this time for Fuchsite Valley. The information in this announcement that relates to exploration results is based on and fairly represents information compiled by Ben Playford a competent person who is a member of the AIG. Ben Playford is employed by Calidus Resources Limited. Ben has sufficient experience that is relevant to the style of mineralisation and type of deposits under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 edition of the Australasian Code of Reporting of Exploration Results, Mineral Resources and Ore Reserves. Ben Playford consents to the inclusion in this announcement of the matters based on his work in the form and context in which it appears.