DevEx Resources announced that it has received all results from its Stage 1 reconnaissance drilling programme at the 100%-owned Bogong Copper-Gold Project in NSW. The wide-spaced drilling program has confirmed the continuation of a zone of structurally controlled copper sulphide mineralisation (chalcopyrite and bornite) within and adjacent to a brecciated felsic porphyry (diorite), now extending over a strike length of over 400 metres. Of most significance, assay results show that the zone dips to the west and remains open to the south and at depth beneath Hole 3, indicating that there is potential for structural repetition of the mineralised breccia. Significant down-hole intercepts from the Bogong diamond drilling programme include: 19BGDD001 (Hole 1) 39.0m @ 0.5% Cu from 13m including: 12.6m @ 1.24% Cu1 from 16.8m, 19BGDD002 (Hole 2) 28.0m @ 0.6% Cu from 71m including: 6m @ 1.2% Cu from 79m and 19BGDD003 (Hole 3) 7.5m @ 0.9% Cu from 104.5m including: 2.5m @ 2.3% Cu from 104.5m. The copper mineralisation at Bogong shows a close association with strong sodic and silica alteration of the diorite which, in turn, lies within a broader potassic alteration system. Higher concentrations of copper sulphide mineralisation (both bornite and chalcopyrite) appear to be associated with a series of east-dipping breccias of variable thickness, as seen on Section 6081600mN. However, both the breccia and significant copper mineralisation is absent in Hole 19BGDD006 (Hole 6). Geological observations in Hole 6 of a strong shear zone at the western contact between the diorite and volcanic indicate the possibility of a fault offset to the mineralised breccia zone. The potential for a repetition of the mineralised breccia beneath Hole 6 requires further investigation. Hole 19BGDD003 (Hole 3), designed to step 300m to the south from the main drilling, encountered structurally controlled zones of copper sulphides close to the porphyry, which remains open to the south and at depth. Recent mapping and historical soil geochemistry support the possibility that the porphyry and copper -bearing structures are stepped and potentially repeat to the south-west. This area requires further investigation with mapping and soil geochemistry to determine the continuation of the copper mineralisation south of Hole 3. To the east of the main zone of copper mineralisation a broad north-south zone of hydrothermal pyrite and pyrrhotite veins (together with quartz stock works) appears to be flanking the eastern margin of the diorite within interbedded volcanic rocks, sediments and dolerites. This barren pyrite/pyrrhotite zone appears to be the cause of the stronger IP anomalies seen in the 2019 dipole-dipole Survey to the east of the copper sulphide zones. The Company is currently reviewing the results from the diamond drilling to determine whether late stage faulting has dislocated the mineralised breccia and additional follow-up drilling is required. Recent reconnaissance mapping and historical soil geochemistry support the possibility that the porphyry and copper-bearing structures continue to the south-west, with several feldspar porphyries mapped 300m to the south-west of Hole 3. This area requires further investigation with mapping and soil geochemistry to determine the continuation of the copper mineralisation. To the west of the historical Bogong copper working, mapping of a large magnetic anomaly underlying historical copper-in-soil geochemistry is progressing. The Company is planning several multi-element soil traverses over this area in the coming month. The Bogong Project, together with the nearby Junee Copper-Gold Project, collectively form part of DevEx's larger porphyry copper-gold exploration strategy and continue to represent a fresh opportunity for the Company, with no systematic exploration conducted at either project for decades.