LGF - L1 Gold Fund Limited

VAL – Valiant Gold Limited


QUARTERLY ACTIVITIES

HIGHLIGHTS
➢ Valiant completes ASX listing under the code “VAL” and commenced trading on 27 March 26.
➢ Initial Public Offer raised a total of $75m (before costs).
➢ Comet mine dewatering strategy well advanced.
➢ Maiden diamond drill program has commenced at South Emu – Triton Mine, Reedy South Project, with first assay results anticipated within 4-6 weeks.

MANAGEMENT COMMENT
Following a successful IPO and our first quarter as an ASX-listed company, we are now focused on execution. At Comet, our dewatering strategy is well advanced, and a contractor proposal for the works has been received and is currently under review. At Reedy, our maiden diamond drilling program at South Emu–Triton is underway to test significant depth extensions to the defined system and demonstrate that the current mineral resource is under-drilled at depth, with the short-term opportunity to add material ounces into a mine plan recognised.
Brendan Tritton, Managing Director & CEO

…I’m not convinced the market’s convinced

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no news since 30 April



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