NTM Gold Ltd. announced the maiden Inferred Mineral Resource Estimate (MRE) for Hub, located 40 kilometres north-east of Leonora, Western Australia. The MRE is 890.3kt @ 4.9 g/t Au for 140.8koz of gold using a 0.5g/t Au lower cut off. The MRE has been classified as Inferred according to the JORC Code 2012. The Hub MRE consists of Oxide, Transitional and Fresh material. The Oxide component contributes 43.0koz at a grade of 6.6g/t Au, Transitional 17.7koz at 4.1g/t Au and Fresh material 80.2koz at 4.5g/t Au. The global MRE at the Redcliffe Gold Project is now 679koz. Of this, Hub and GTS Oxide and Transition material contributes 1.2Mt at 3.0g/t Au for 120koz to the MRE. The high-grades of the Oxide and Transitional from surface down to approximately 100m provide a major opportunity to capitalise on the Hub discovery as well as GTS. Hub was discovered by NTM by aircore drilling in October 2018. The MRE incorporates data from 89 reverse circulation (RC), 15 RC with diamond tails (RCD) and 3 diamond holes on nominal 50m spacings down to a depth of 360m. The Mineral Resource Estimate was undertaken by independent resource consultants' BM Geological Services Pty Ltd. (BMGS). With the completion of the Hub MRE, the global MRE for the Redcliffe Project is now 13.4mt at 1.6g/t for 678.7koz, using a 0.5g/t lower cut-off grade. This represents a 26% increase in ounces and a 23% increase in grade over the previously quoted MRE for the project (12.5mt at 1.3g/t for 537.9koz. Hub is located in the centre of the Redcliffe Project and is located just off the Nambi road. The MRE is limited by drilling density and remains open to the north, south and depth. The Hub stratigraphy is a package of northerly striking, folded, sub-vertical to steep East dipping felsic volcanics, mafic, intermediate and felsic volcaniclastics, and minor shales. The deposit area has been intruded by both dolerite and lamprophyre dykes which brecciate and stope out the mineralised zones. The high-grade mineralised zone strikes North-South and is sub-vertical to steeply dipping. The zone is discrete over a maximum of 5-6m downhole in fresher material with generally little low-level Au anomalism surrounding the high-grade zone. Mineralisation at Hub is characterised by increased deformation, increased pyrrhotite content (up to 15%) and crenulation fabric. The resource starts from surface and has oxide, transitional and fresh components. The oxide material has the highest grade of 6.6g/t. Recent leach tests demonstrated that all material types are amenable to traditional cyanide processing methods with an average recovery of +96%. The Hub mineralisation consists of a north south trending package, split into 3 main zones, separated by crosscutting lamprophyre dykes. The deposit was estimated using Ordinary Kriging grade interpolation of 1m composited data. A Surpac block model was used for the estimate with block sizes of 25mNS by 10mEW by 10m vertical with a minimum subblock size of 6.25mNS by 0.625mEW by 1.25m vertical. The interpretation was based on a nominal 1g/t gold lower grade cut-off and a minimum downhole intersection of 3m to allow for potential open pit mining widths in the portion of mineralisation shallower than 200m vertical depth. These parameters were tightened for the deeper sections, in an effort to increase grade for potential UG mining by allowing a minimum downhole intersection of 1.5m. The main mineralised trend is interpreted to be 900m long, at least 360m deep (open at depth) and up to 6m horizontal width in places. Base of laterite, base of complete oxidation (BOCO) and top of fresh rock (TOFR) surfaces were generated based on the oxidisation and lithology logging in the database to create the weathering profiles of oxide, transitional and fresh. The dataset was assessed for bias from extreme grades that would require adjustment or top-cut. The results of the MRE suggest that by applying a top cut of grades only decreases the grade estimation by 6.5% and overall ounces by the same amount. This is supported by low CV's. Consequently, the MRE is quoted using Uncut grades. The search criteria were based on the overall orientation of the individual domain geometries and the variogram models. Ellipses were orientated along the main axis of the lode. Bulk density (BD) samples were collected from diamond core samples through selected horizons in the HUB mineralogy. Samples from nearby deposits were also used to assign BD's. Assigned BD's were: oxide/high weathered: 2.00; transition weathered: 2.50; and fresh: 2.78. The Mineral Resource is classified as Inferred based on the density of drill data, the geological understanding, consistency of gold assay grades and the likelihood of mining taking place. A potential open pit portion of the Mineral Resource was classified as Inferred up to a depth of 200 vertical meters. This shallow portion of the Mineral Resource allowed for mineralised intersections at a minimum of 3m downhole width to allow for practical mining considerations. For the areas deeper than 200 vertical meters, a change to UG mining methodologies was considered for classification. The minimum downhole intersection required was reduced to 1.5m and a higher economic cut-off grade of 3.5 g/t gold was imposed to ensure there were reasonable prospects of economic extraction. The main lodes were the only lodes considered for classification in the MRE. All minor lodes remain unclassified.