Mandrake Resources Limited has completed a drilling programme that included reverse circulation (RC) and diamond drilling targeting high-grade gold and copper mineralisation at the 100%-owned Berinka Pine Creek Gold Project in the Northern Territory. Mandrake drilled a total of 11 holes for 1,131m which comprised 1,047m of RC drilling plus an 84m diamond tail of NQ2 core at one of the holes. All RC samples have been submitted to the laboratory with results expected in the coming weeks.

Diamond core is currently being processed prior to the sampling and submission of applicable intervals to the laboratory for analysis. Carpentaria Exploration (CEC) first explored in the area in 1975 when a reconnaissance visit found quartz veining at what is now known as the Terry's Prospect that assayed 5.5g/t Au. Over the next six years CEC conducted soil sampling, mapping, gridding, rock chip sampling and ground magnetics.

Most of these activities were focused on the Terry's Prospect area which is situated approximately 2km south-east of Vegetation Anomaly. Importantly, Vegetation Anomaly and Terry's Prospect appear `connected' by a distinct NW-SE lineament as interpreted from magnetic imagery. In the mid-1980s CEC drilled 36 RC drill holes totaling 3,014m at Terry's prospect.

Best intersections include: 4m @ 6.6g/t from 32m; 6m @ 3.1g/t from 18m; 5m @ 2.6g/t from 30m. A complete list of all historic drill intercepts is contained in the Mandrake Resources prospectus lodged with the ASX on 24 May 2019. In mid-2020, Mandrake undertook frontier drilling at Berinka targeting two greenfield prospects, Vegetation Anomaly and Terry's Gap, identifid from aeromagnetics and historic gold results derived from costeans.

The programme in 2020 was curtailed by difficult ground conditions and rig breakdown. RC hole FBRC005 at Vegetation Anomaly returned the following high-grade gold-silver-copper intercept: 3m @ 1.8g/t Au, 32 g/t Ag and 2.1% Cu from 124m including; 1m @ 3.7 g/t Au, 69 g/t Ag and 3.1% Cu from 124m. The current drilling programme sought to follow up the encouraging 2020 drilling programme results and test four other prospects in the immediate vicinity.