BMG Resources Limited (BMG or the Company) reported that it has received the first batch of assay results from 2,880m of drilling completed in December at the Company's 100%-owned Abercromby Gold Project, south of Wiluna in the north- eastern Goldfields. Abercromby is one of BMG's three highly prospective, 100%-owned gold exploration projects in the Tier 1 mining jurisdiction of Western Australia. BMG's other projects are Invincible in the Central Pilbara and South Boddington in the State's South West. BMG's maiden drill program at Abercromby was designed to test the nature and continuity of known mineralisation at the Capital prospect, which has yielded historic multiple thick and high-grade gold intersections. The Abercromby assay results are selections from mainly fresh rock intervals in 8 of 13 reverse circulation (RC) and diamond drill holes, accounting for circa 30% of the total samples of the campaign. Assays for the shallow oxide intervals of the RC holes are pending, along with all samples relating to the diamond drill holes. BMG's interpretation of mineralisation at Capital is that of an approximately north-trending shear zone that contains internal high-grade, south-plunging shoots. The initial assays from Capital indicate that the mineralised intervals from this set of results fall in, or are very close to, the spatial positions predicted by BMG's mineralisation model. This increases the Company's confidence in the grade distribution and general predictability at Abercromby. Once the assay results from the remaining sampling are returned, including those of the diamond holes that targeted key sections within and below the known mineralised shear, BMG will be able to better understand the controls to the mineralisation. Selected results on a hole-by-hole basis for the returned assays are shown below (lengths are downhole dimensions and estimated at circa 90% of true width): 2m @ 3.05gpt from 41m and 47m @ 0.84gpt Au from 103m, including 3m @ 3.95 from 119m and 3m @ 3.09 from 147m (EOH) (20ABRC0002), 11m @ 0.83gpt Au from 153m, including 4m @ 1.30 from 160m (20ABRC0003), 26m @ 6.07gpt Au from 192m, including 7m @ 21.22 from 192m (20ABRC0004), 21m @ 0.47gpt Au from 167m, including 1m @ 4.02 from 168m and 1m @ 1.11gpt from 205m (20ABRC0005), 59m @ 0.86gpt Au from 156m, including 7m @ 3.33 from 173m and 2m @ 2.87 from 213m (20ABRC0006), 33m @ 1.7gpt Au from 127m, including 3m @ 15.29 from 157m (20ABRC0008), 18m @ 0.48gpt Au from 221m (20ABRC0010) and 3m @ 0.13gpt Au from 83m (20ABRC0011). A number of additional planned holes were not completed in this initial drilling campaign due to time constraints and will be added to the 2021 drilling campaign. The detail and extent of the next drilling campaign will be determined once all assay results have been received and reviewed. In addition to the laboratory assays from the current drill program, the Company plans to undertake preliminary metallurgical test-work on samples to assess the metallurgical performance of the gold mineralisation ­ including to test recovery levels from an accelerated cyanide leach. The Company is also planning detailed geophysics via a sub-audio magnetic survey (SAM) to provide high resolution information on the structural controls of the mineralisation.