Native Mineral Resources Holdings Limited has received assay results from the initial diamond drill holes completed at the Leane's Copper Prospect ("Leane's") in North Queensland. This batch comprised 155 samples from drillholes testing for porphyry intrusions. Drilling was stopped short of the intended target depths of 200-300m due to the onset of the wet season in December. As a result, drilling to date has only tested to shallow depths with hole LDD001 stopping at 135m and LDD002 stopped at 60m. Both holes will be completed to a minimum of 200m as soon as access permits. Due to drilling not reaching the intended target depths, no significant intersections of either copper or gold were returned. However, further detailed analysis of the diamond core under digital microscope have confirmed the existence of porphyry intrusions throughout the core in both holes LDD001 and LDD002. Comparisons have been drawn between Leane's and the large Red Dome and Mungana porphyry-and-skarn associated copper-gold deposits due to the presence of these porphyry intrusions. Further similarities have been noted between the Phase 1 (320Ma) gold mineralised aplitic rock at Mungana and the late-stage Phase 3 (290Ma) unmineralized aplite associated with high-level epithermal breccias such as the Griffiths Hill historic pit on the south east edge of Red Dome. Planning for the exploration programme in 2021 is well advanced and will be announced this quarter. The programme will include the extension of depth and completion of LDD001 and LD002 along with additional diamond drilling to intersect the porphyry intrusive systems at depth. During the microscopic examination, it was noted that some of the aplitic core had clasts of other often coarser aplite. This was evident at LD001 49.5m and LDD 002 at 24.5m, 34m and 40.85m. These could potentially represent an earlier intrusive phase. Given the importance of the age relationship between the Mungana and Leane's systems, quarter core from LDD002 at 20-21m will be submitted for radiometric dating at James Cook University to further establish the similarities. Results from this testing are expected in April. Further, 16 core samples have also been sent to Mintex Petrology for petrographic analysis with reports due towards the end of February 2021.