Saracen Mineral Holdings Limited announced Karari drilling has continued to focus on infill grade control following a solid increase in Ore Reserves to 1.2Moz at 30 June 2019. This drilling was the final program from the 1940 drill drive, with the new drill drive on the 1805 level now established. Recent drilling has returned thick high grade results further demonstrating the increasing grade profile with depth. Significant results include 21.9m @ 5.6g/t, 16.5m @ 6.9g/t and 14.0m @ 8.0g/t. The high grade shoots remain open at depth and will be tested further during fiscal year 2020. The new 1805 drill platform is located 135m below the existing drill platform and will facilitate the next phase of Reserve growth, weighted to FY21. This will be counterbalanced by enhanced contributions in FY20 from other areas within the portfolio. Resource extension drilling has commenced and will continue to test the strong high grade mineralisation down plunge. Significant Karari infill intercepts: KRGC741 21.9m @ 5.6g/t; KRGC712 16.5m @ 6.9g/t; KRGC775 14.0m @ 8.0g/t; KRGC742 9.7m @ 10.7g/t; KRGC715 14.4m @ 5.1g/t; KRGC723 15.7m @ 4.5g/t. Carosue Dam Seismic Project: Data processing of the 3D seismic survey is now complete, with interpretation underway. The high-resolution fully nodal acquisition recorded 263 million traces of seismic data over 50km2 including Karari, Dervish and Atbara. This is the highest resolution hard rock survey in Australia and the second largest by area to date. The significant size of the dataset slowed progress, but was overcome by increased processing capacity. Interpretation of the high resolution survey has commenced with a significant number of previously unknown structural and geological features beginning to be resolved. The interpretation phase is an iterative process as new mapping and drilling information is integrated into the cube. The Atbara discovery, 4km north of the Carosue Dam mill, continues to evolve with further drilling. The initial broad 160m x 160m framework drilling identified a large system with a strike length of 860m between two major post mineralisation Proterozoic Dykes. Initial follow up drilling to the discovery hole (40m @ 3.8g/t) suggested that the mineralization is highly variable. Recently a close spaced 20m x 20m program was completed to assist in understanding the short range variability. Significant new Atbara results include 45m @ 1.8g/t, 54m @ 1.4g/t and 359m @ 0.5g/t. During the December quarter 2019 over 15,000 pulp samples were sent off for Copper and Molybdenum analysis. The results indicate that while copper and molybdenum are present, the quantities are too low to be considered currently economic. The variable grade distribution across the project allows for flexibility in any future approach. Current drilling has shown the presence of large lower grade domains as well as more discrete higher grade zones, both of which will be followed up and investigated further. The Safari Bore project is located 70km north-northeast of the Carosue Dam mill, and 5km west of the Deep South underground mine. Mineral Resources of 2.9Mt at 2.1g/t for 200,000 ounces were reported at 30 June 2019. The project was previously mined between 2003 and 2005, producing 210,000 ounces at an impressive open pit grade of 2.9g/t. The last drilling at Safari Bore was completed by Saracen in 2010. Significant open pit-able results from recent Resource definition drilling include 4m @ 19.3g/t, 21m @ 2.5g/t and 26m @ 2.4g/t. Safari Bore sits adjacent to the large regional Pinjin Fault. The steeply west south-westerly dipping stratigraphy is highly deformed with mylonitic fabrics commonly observed. High grade mineralisation is commonly associated with intense sericite-albite alteration proximal to quartz-carbonate veining and local brecciation. Aircore drilling has successfully identified a large gold anomaly (Okavango) to the west of Safari Bore, now defined over a strike length of 6.0km and up to 1.2km wide. The prospect is a strong basement anomaly that is coincident with albite-sericite alteration and key pathfinder elements including; As, Bi, Mo, Sb, Te and Ce. The infill aircore drilling program across the Okavango prospect has now been completed. This program has reduced the drill spacing down to 200m x 100m. The program has further refined and delineated the core of the anomaly. Significant new Okavango results include 1050ppb, 964ppb and 879ppb. Drilling has continued at the Otto Bore project, 8km north of the Thunderbox Plant. A maiden Ore Reserve of 950kt at 2.0g/t for 60,000 ounces was reported at 30 June 2019. Recent activity has focused on extending the drilling coverage north of the current Ore Reserve. This drilling has further demonstrated the growth potential of the project with some impressive open pit-able results being returned including 15m @11.2g/t, 16m @ 5.7g/t and 7m @ 5.3 g/t.