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Cape Lambert Resources Limited (ASX:CFE) Priority Drill Targets Confirmed at Kukuna

 
PRIORITY DRILL TARGETS CONFIRMED AT KUKUNA - DRILLING TO COMMENCE WITHIN THREE WEEKS
 
Key Points:

- Results from ground geophysical surveys and trench and rock chip
sampling confirm extensive distribution of specular hematite schist
at Kukuna, and highlight priority drill targets.

- Significant trench results include:
       32m at 44.9% Fe from trench KUTR2 in the north, and
       44m at 42.5% Fe from trench KUTR3 in the south.

- 24 rock chip samples returned with average of 41.8% Fe.

- Ground geophysics indicate several potential units of hematite schist
trending north-south under shallow cover over the entire 12km length
of the licence.

- Diamond drill rig currently being mobilised to site, with drilling
anticipated late June/early July.

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