Diamond Drill Rig Locked in for Kanowna Gold Project

Cosmo Metals has secured a diamond drill rig and entered a significant drill-for-equity agreement, advancing the second phase of the Kanowna Gold Project near Kalgoorlie. The program is focused on unlocking structural and sediment-hosted gold potential adjacent to a tier-one gold asset.

<ul><li>Diamond drill rig secured for the second phase of high-impact exploration at the Kanowna Gold Project, 13km from Kalgoorlie.</li><li>Drilling to focus on a WA Government co-funded 400m deep hole at the Laguna Verde prospect, targeting the extension of the Fitzroy Fault associated with gold mineralisation.</li><li>Additional diamond tails may be completed on RC holes testing for high-grade Invincible style gold deposits.</li><li>Drill-for-equity agreement reached with Terra Drilling, allowing up to $40,000 of drilling costs to be paid in Cosmo shares to preserve cash for future exploration.</li><li>Project strategically located with significant nearby gold infrastructure and prospective geology for large-scale discoveries.</li></ul>

ASX:

$

00%

Diamond Drill Rig Locked in for Kanowna Gold Project