DGO Gold Limited announced that follow up drilling of significant proof of concept results has commenced at Pernatty, South Australia, 60km southwest of OZ Minerals' Carrapateena copper-gold mine and 100km northwest of Port Augusta. The company’s 4730km2 landholding on the Stuart Shelf is a significant position surrounded by companies such as BHP, FMG, OZ Minerals, and Coda Minerals. The company’s recent drill program confirmed the presence of Zambian style copper mineralisation under cover on the Stuart Shelf. Results from the proof of concept drilling at Moseley included 4m @ 0.8% CuEq (0.41% Cu, 0.04% Co, & 10.6g/t Ag) from 73m. A program of approximately 6000m wide spaced reverse circulation (RC) holes to test for Zambian Copper Belt (ZCB) style sediment hosted copper at Moseley. Approximately 10km of strike length of the target transition zone is to be tested by this program. Drilling is expected to take approximately 6 weeks with results due in late November 2021. This program is being conducted under a binding heads of agreement between the company and Investigator Resources Limited announced on September 21, 2020. Pernatty background: the company's Pernatty tenements are located in the Eastern Gawler Craton, South Australia within the Stuart Shelf Copper-Gold Province. Sixteen licences covering 4,730km2 form the company's Pernatty position 120km northwest of Port Augusta. Eleven are 100% held by the company and five are under a binding heads of agreement with Investigator Resources Limited, where the company can earn an 80% interest over 5 years. the company's consultant, Dr Stuart Bull has identified a +100km long transition zone between shallow water carbonates (Woocalla Dolomite) and reduced basin shales (Tapley Hill shale) overlying a basement high of oxidized sandstone (Pandurra Formation). Further, based on historic drill hole intersections, the depth to the prospective transition zone may be less than 100m. The basin setting at Pernatty has many similarities with the edges of the Katangan Basin in the Central African Copperbelt which hosts deposits such as Chambishi (40Mt @ 2.6% Cu). Historic drilling immediately east of the company's tenements identified copper at the Tapley Hill-Pandurra contact close to the interpreted transition zone. Selection Trust Ltd. intersected 1.9m @ 1.7% Cu from 185m when exploring for sedimentary copper immediately east of Pernatty in 1976 (hole PRL10/SAR5 - Open file report ENV02703). This result was not adequately followed up before the tenement was relinquished in 1978. Past exploration results highlight the potential for significant mineralization within the interpreted transition zone. The 280Kt of contained copper equivalent in resource at MG14 and Windabout (ASX:COD 26 October 2020) within the northern extension of the transition zone provides further support to the exploration model. The company drilled 44 RC holes for 3,733m at Pernatty in March 2021. Copper grades greater than 0.1% were intersected at all three areas drilled in the target transition zone. The best intersections were at Moseley where three holes over 1.5km across the targeted Adelaidean basin margin all had 1m assays greater than 0.5% Cu with associated elevated Co and Ag at depths of 50 to 80m. At Maslins, three holes had 1m assays greater than 0.7% Cu at depths of between 70 and 150m, with a best intersection of 0.7% Cu and 15g/t Ag at a depth of 146m. The drilling indicated that better mineralisation is more likely at a shallower basin position (i.e. west) of the Maslins holes. At Winnie Pinnie, results point to a 2.5 x 5km target east of the drilled area where the prospective base of the Tapley Hill Formation is approximately 100m deep and is untested by previous drilling. The Stuart Shelf Copper-Gold Province is a major copper province that includes examples of both Iron Oxide-Copper-Gold (IOCG) and stratiform sediment-hosted copper mineralisation in a NNW trending corridor 40km wide and at least 300km long. Deposits on the Stuart Shelf include the stratiform copper-cobalt deposits at Myall Creek, Mt Gunson and Emmie Bluff, BHP's world class Olympic Dam copper-gold-uranium mine, and a number of other copper-gold deposits including Oz Minerals' Prominent Hill and Carrapateena deposits.