DGO Gold Limited announced that interpretation of a new ground gravity survey conducted over the Lake Randall tenements in WA's Eastern Goldfields has defined a series of targets with potential to host Granny Smith and Mt Belches-style gold mineralisation beneath the lake sediments. A ground gravity survey was completed on a 400m by 400m spacing in September 2019 to refine drilling targets on structures beneath the lake sediments. Interpretation of the detailed ground gravity data, integrated with regional geophysical datasets by Terra Resources Pty Ltd. and Douglas Haynes Discovery Pty Ltd, has delineated fourteen gold targets. A detailed analysis by Douglas Haynes of DGO's ground on the western side of Lake Randall has identified several areas having potential for gold mineralisation. The identified targets are in brittle structural regimes located along N-S striking faults which cut or wrap around the contact of small granitoid intrusions. The targets are associated with magnetite alteration zones and host potential for Granny Smith-style gold mineralisation developed in the granitoid, the adjacent sediment and/or along the contact. Major N-S faults, interpreted by Terra Resources extending south from the 1.2Moz Mount Belches Mining Centre (10.5Mt @ 3.4g/t), intersect folded denser sediment or mafic units as mapped from the gravity data within the metasediments underlying Lake Randall. The interpreted denser units mirror the chevron folding observed in the mineralised BIF units to the north and represent new targets for gold mineralisation in the anticlinal fold noses and limbs in structural positions analogous to the Silverlake Resources' Maxwells, Cockeyed Bob and Santa deposits. DGO is preparing applications to obtain government and heritage approvals to conduct an 8,000m aircore drilling program to test these targets. Lake Randall is located 50km east of Gold Fields St Ives operation and 7km to the south of Silverlake Resources' Mount Belches Mining Centre which hosts mineral resources of 10.5Mt @ 3.4g/t Au for 1.2Mozs within the Mount Belches Formation. The gold mineralisation at Mount Belches is concentrated in the Santa Claus Member banded iron formation (BIF) unit of the Mount Belches Formation and mineralisation is localised in anticlinal fold hinges and on the limbs of chevron folds. DGO Holds 230km2 of untested, prospective terrain under shallow lake and transported sediment cover in two tenements: E15/1573 (JV with Romando Gold (WA) Pty Ltd) and E25/584 (100% DGO). The Lake Randall target was generated as a result of a comprehensive review for sediment hosted gold mineralisation in the Eastern Goldfields of Western Australia by Dr. Douglas Haynes who has been involved in a number of important mineral discoveries in Australia and Africa.