Recharge Metals Limited announced assay results from 8 Reverse Circulation (RC) pre-collars plus an update on the completion of diamond drilling at the Company's Brandy Hill South Project located within the Archaean Gullewa Greenstone Belt in Western Australia. Results from 5 diamond tails at the Brandy Hill South Project remain pending. Eight (8) RC pre-collar holes were completed in August, with five (5) of the pre-collars continued with diamond drilling.

Following the completion of 4 diamond holes, the final diamond hole (BHRCD034) has now been completed. BHRCD034 targeted the modelled Downhole Transient Electromagnetic (DHTEM) conductor BHD017A. A total of 2,056.4 metres was completed during this RC and diamond drilling program.

BHRCD034 intercepted a mafic-ultramafic complex, intruded by felsic porphyry units and typified by extensive zones of massive, semi-massive to disseminated sulphides. Intense zones of sulphide mineralisation broadly coincide with the projected location of the modelled conductor BHD017A. The lateral extent of mineralisation has been increased to more than 550 metres in strike and 250 metres in width, and mineralisation has been intersected at depths of up to 335 metres.

Mineralisation remains open in all directions. Drilling commenced in September to test high-order electromagnetic (EM) conductors identified from DHTEM surveys. The drilling program comprised eight (8) RC pre-collar holes, for a total of 873m in preparation for subsequent diamond tail drilling.

Results have been received for the eight drillholes, with five holes intersecting significant mineralisation. The holes were not designed to deliver any significant results, however five of the holes produced significant results, including: BHRCD030: 30m @ 0.5% Cu & 5.64 g/t Ag from 90m including 6m @ 1.42% Cu, 1.24% Ni, 0.12% Co & 18 g/t Ag from 91m. BHRC031: 9m @ 0.31% Cu & 1.8 g/t Ag from 84m.

BHRC032: 2m @ 0.51% Cu from 85m, 1m @ 0.58% Cu from 94m, 15m @ 3.48 g/t Ag from 85m. BHRCD033: 26m @ 0.31% Ni and 1.5 g/t Ag from 93m including 8m @ 0.31% Cu from 95 m. BHRCD034: 31m @ 0.27% Ni from 69m including 7m @ 4.68 g/t Ag from 78m. Five (5) diamond holes were designed to test two high-order EM conductors identified from the DHTEM survey of drillhole BHD026 and other DHTEM conductors identified from drillhole BHRC017.

The final hole BHRCD034 was completed to a depth of 376.6m. Preliminary observations of the drill core identified the following stratigraphic sequence; Ultramafic lithologies to 192.57m, 192.57 to 217.05m - felsic and porphyry lithologies (felsic tuffaceous schist and feldspar porphyry). 217.05 to 376.6m (EOH) ­ mafic and porphyry lithologies (dolerites and feldspar porphyry).

All lithologies were variably foliated (weak to strong) and altered (K-metasomatised). Mineralisation consists predominantly of pyrite with variable amounts of chalcopyrite, pyrrhotite and magnetite. Mineralisation appears to be spatially associated with quartz (±carbonate) stockwork veining with the strongest mineralisation occurring within variably K-metasomatised quartz dolerite units.

Assays pending for five (5) diamond tail holes. The samples from holes BHRCD027, BHRCD028, BHRCD029, BHRCD030 and BHRCD034 have been submitted for analysis. Assay results are anticipated to be received in coming weeks.

Review of the geology and structural data from the diamond drilling program is ongoing with the aim of delineating the lateral and depth extent of mineralisation as well as vectoring in on high-grade zones of mineralisation.