IronRidge Resources Limited announce multiple high-grade drill intersections and the confirmation of new gold targets at the Zaranou Project ("Zaranou") in Côte d'Ivoire, West Africa. The license borders with Ghana and is along strike from significant operating gold ("Au") mines including Chirano (5Moz Au), Bibiani (5.5Moz Au) and Ahafo (17Moz Au). Additional 4m composite RC and AC results for the ongoing drilling programme at the Zaranou license have been received and are displayed in Figure 1 and Table 1 below. Drilling has returned multiple high-grade and broad low-grade drill intersections at the Ehuasso target, in addition to first reported significant drill intersections at the new Coffee Bean, Mbasso and Yakassé targets. Approximately 40,000m of the planned 50,000m programme has been drilled to date after resumption of drilling post the Christmas/New Year shut-down. Highlight gold drill intersections at greater than 5 gram-metres for the 4m composite results in RC and AC drilling at the targets. All sampling was completed at the drill site and consisted of initial 4m composites submitted for analysis, of which all composites greater than 0.1g/t gold will be re-submitted for analysis at 1m intervals from retained primary samples at the project site. ALS laboratory completed sample preparation in Côte d'Ivoire and sample analysis in Burkina Faso, with results passing internal and laboratory QA/QC protocols, providing confidence in reported results. All AC and RC drilling to date has been completed at -55 to -60 degrees dip. New drilling results reported herewith continue to confirm mineralisation potential at the Ehuasso target with both high-grade drill intersections at depth e.g., hole ZAAC0763: 16m at 6.68g/t Au from 100m and broad low-grade mineralisation both near surface, e.g. hole ZARC0101: 68m at 1.4g/t Au from 20m, and at depth, e.g. hole ZARC0104: 64m at 1.41g/t Au from 100m. In addition to ongoing success at the Ehuasso target, the first reported results for the current programme at the Mbasso and Coffee Bean targets have returned multiple drill intersections confirming continuity and grade along tested structures e.g., hole ZAAC0763: 8m at 14.01g/t Au from 4m, hole ZAAC0757: 8m at 9.32g/t Au from 32m and hole ZAAC0904: 40m at 0.9g/t Au from 16m. The Mbasso - Coffee Bean -Ehuasso targets cover a combined strike of 8km, centralised over the robust 'Coffee Bean' magnetic anomaly (refer RNS of 11 November 2019), with high-grade drilling results to date following structures visible within the aeromagnetics data. Preliminary drilling results at the Yakassé target have returned highly encouraging drill results, including a high-grade drill intersection of 28m at 4.07g/t Au from 124m in hole ZARC0100. Drilling remains ongoing at this developing target. The current 50,000m combined AC and RC drilling programme is progressing well with at the Ehuasso Main, Yakassé and M'Basso targets with approximately 40,000m drilled to date. Drilling is targeted to be completed by the end of January 2021. All target areas occur along a 47km striking shear structure along the length of the Zaranou license with regional soils confirming prospectivity along the structure and key target areas, as well as previous drilling completed within zones of hard rock artisanal workings.