Kingwest Resources Limited announced Updated Menzies Mineral Resource Estimates (MRE's) underway ­ due Feb. 2021. Since the last drilling update at Menzies 12 RC holes (KWR198 ­ KWR209) were drilled for 2068 metres in the Lady Shenton before the Christmas Break. These holes were designed to follow up numerous high-grade results previously reported with several successfully testing for depth extensions to the two main lodes at the Pericles Deposit within the Lady Shenton System. There are numerous high-grade intersections including: 4m @ 8.85 g/t Au from 115m (inc. 1m @ 31.79 g/t Au from 117m) in KWR199, 8m @ 4.84 g/t Au from 56m (inc. 1m @ 29.03 g/t Au from 63m) in KWR202, 1m @ 24.62 g/t Au from 133m in KWR202, 2m @ 10.18 g/t Au from 68m in KWR199 and 1m @ 14.31 g/t Au from 145m in KWR198. In KWR204 mineralisation comprising 6m @ 1.49 g/t Au was intersected 80m deeper than any previous drilling. This once again proves the potential to increase all resources further at depth. All results will be incorporated into the updated MRE which will be completed in February. Significant results have also been returned from drill holes previously reported at the Aspacia and Lady Irene Prospects although the Lady Irene samples are only spear composite samples at this stage. Single metre split assays are pending. These composites included 4m @ 9.98 g/t Au from 124m and 4m @ 5.60 g/t Au from 132m in KWR197. Lady Irene is located approximately 5km along strike to the NW of Menzies. It does not currently have a MRE but Open Cut production during the 1990's comprised 47,721t @ 4.77g/t for 6,502 oz to 34m depth. In H2, 2020 157 RC holes (KWR053 ­ KWR208) were drilled at Menzies for a total of 15,732 metres. All of these postdate the last JORC Mineral Resource Estimates (MRE's). The assay data from these 157 holes is expected to upgrade significant amounts of the MRE category from Inferred to Indicated level and increase the size of the MRE's, which currently total 319,900 ounces @ 2.1g/t Au. At Menzies a Scoping Study has also commenced and is due for completion in March 2021. The Scoping Study will focus on shallow ore that can be toll treated rather than be milled onsite at Menzies. There are a number of mills within trucking distance from Menzies enabling Kingwest to avoid unnecessary capital expenditure prior to the commencement of open cut mining. Further drilling in 2021 will focus on proving up deeper extensions to the updated MRE's and mineralisation that may be mined from underground operations following open cut mining.