Jutt Holdings Limited

Operations

Liberty-Indee Project

The Liberty-Indee Project is located in the West Pilbara region of Western Australia and covers 243 square kilometres south east of Roebourne. The project area comprises two granted Exploration Licences, E47/760 and E47/1209.

Jutt Holdings' 100% owned subsidiary, Jutt Resources, has entered into an agreement with Liberty Mining and Ourwest Corporation, whereby Jutt Resources has the right to acquire up to a 70% participating interest in the Liberty-Indee Project Tenements.

The project is within a base metal and gold mineralised region with multiple economic and sub-economic deposits of varying sizes. Within 100 kilometres of Liberty-Indee, there have been several positive resource discoveries. Range River Gold Limited reported resource estimates of 10.46 million tonnes at 1.6 grams per tonne (g/t) of gold for 529,000 ounces of gold with a cut off grade of 0.5 g/t. De Grey Mining Limited reported a resource estimate of 3.4 million tonnes at 1.8 g/t gold for 203,000 ounces of gold with a cut off grade of 0.5 g/t and 1.754 million tonnes at 2.6 g/t for 146,400 ounces of gold with a cut off grade of 1.5 g/t at their Wingina Well deposit. Thirty kilometres north of Liberty-Indee, Straits Resources Limited are reported to have two base metal deposits (6.6Mt @ 1% Cu and Zinc) at Mons Cupri and Whim Creek.

Recent exploration at Liberty-Indee has consisted mainly of rock chip sampling of quartz veins and soil sampling, with positive gold and copper results, requires further exploration. Jutt Holdings intends to assess and test identified targets by check sampling, geophysical surveys and drilling, as well as using the vast knowledge base from adjacent mines in the area as exploration models to test existing and find new targets.