Mount Burgess Mining N.L. announced that further to the announcement of 7 October 2021, the company confirmed that drillers have now arrived on site and have commenced drilling at the Nxuu Polymetallic Deposit, Botswana. The Kihabe ­ Nxuu polymetallic Zn/Pb/Ag/Cu/V/Ge project is situated on Prospecting Licence PL 43/2016, located on the Namibian border in Western Ngamiland, Botswana. The shallow basin-shaped polymetallic Nxuu Deposit contains Zinc (Zn), Lead (Pb), Silver (Ag), Vanadium (V) and Germanium (Ge) mineralisation in a totally oxidised quartz wacke formation, within a barren dolostone basin. The current Nxuu resource estimate, which is compliant with the 2004 JORC Code, did not fully represent the known mineral endowment at Nxuu, as it only included grade estimates for Zn/Pb/Ag. Subsequent drilling conducted in 2018 also included assaying for V and Ge, both of which have shown they are likely to represent significant credits for the Nxuu Deposit. Twenty two holes that have been assayed for V, results from which have previously been released to the market, show that: The 22 holes contain V mineralised intersections totaling 130.17m, averaging 5.92m per hole which extend beyond the Zn/Pb/Ag mineralised intersections totaling 282.06m, averaging 12.82m per hole; The 130.17m of V mineralised intersections which extend beyond the 282.06m of Zn/Pb/Ag mineralised intersections add a further 31.59% to the overall Zn/Pb/Ag/V potentially mineralised volumes; In the 130.17m of V mineralised intersections, V is hosted in the oxide mineral Descloizite. In Descloizite Vanadium Pentoxide (V2O5) is 1.785 times the mass of V. The 130.17m contains 155,438 ppm of V2O5, an average grade of 1,194 ppm V2O5 per metre; At a current V2O5 price of USD 17.42/kg, the 1,194ppm/m V2O5 grade represents an in-ground value of USD 20.80/t; Zn/Pb/Ag/V/Ge mineralisation is hosted in a quartz wacke. Excluding Kalahari sand cover, of the total quartz wacke content of 716.01m, 412.23m, that is 57.5% contains Zn/Pb/Ag/V/Ge mineralisation, leaving only 303.78m, that is 42.5% as sub-grade or barren quartz wacke; The Average depth to the base of Zn/Pb/Ag/V/Ge mineralisation of the 22 drill holes is 38.74m, that is 852.26m divided by 22. The Company will ensure henceforward that all drill holes will be assayed for all of Zn/Pb/Ag/V/Ge. Mineralogical and metallurgical test work conducted by ALS Laboratories has shown that: V is hoisted in the oxide mineral Descloizite in which Vanadium Pentoxide (V2O5) is 1.785 times the mass of V; 81% of V2O5 can be recovered on site through gravity separation, followed by subjecting the tail to flotation using Hydroxamate acid reagent for recovery of a bulk Zn/Pb/V2O5 concentrate. Mineralogical and metallurgical test work conducted by AMTEC has shown that: Zn is hosted in the oxide mineral Smithsonite; 93% Zn metal can be recovered on site by acid leaching, followed by solvent extraction and electro-winning (SX/EW). Both HQ and PQ drill core planned for this drilling programme will be used to determine ore operating characteristics to progress the process route to a Pe-feasibility study, including: Mineralogy to assess the economic liberation of the mineral assemblage throughout the process; Confirmation of previous test work and refinement of the on-site operational process requirements. Drill core from the oxide zone of the Kihabe Deposit which contains Germanium has now arrived in Australia. Mineralogical test work will be conducted in order to determine the host mineral of Germanium. The Kihabe Deposit is 7km west of the Nxuu Deposit.