PT Stargate Dua Pasific Resources — North Block Deposit

The North IUP showed great potential deposit with high grade up to 3.12% nickel sample from 30 test pits done previously in 2010.

Stargate has commenced with JORC-compliant drilling exploration programme in July 2021 to confirm the high grade deposit potential. The stage 1 programme consists of 400x200 drill-hole grid and up to 50x50 infill grid in prospective areas. GPR survey is also underway to identify bedrock layer and to delineate the deposit calculation.

Interim drilling result of 144 drill holes (about 2,880m of samples) will be reported starting in Dec 2021 and be completed in Apr 2022.