KALAMAZOO RESOURCES LIMITED — M&A Activity 2020

Aug 23, 2020

ASX Announcement

24 August 2020

KALAMAZOO COMPLETES ACQUISITION OF ASHBURTON GOLD PROJECT FROM NORTHERN STAR

Highlights

• Kalamazoo Resources Limited (ASX: KZR) is pleased to announce that it has completed the acquisition from Northern Star Resources Limited (ASX: NST) of the 1.65Moz Ashburton Gold Project, located on the southern edge of the Pilbara Craton, WA

• Matthew Rolfe, previously from Northern Star and Dr Margy Hawke have now commenced with Kalamazoo as Senior Exploration Geologists for the Ashburton Gold Project

• The exploration team will be led by Kalamazoo’s WA based Director Paul Adams, previously Managing Director of Spectrum Metals Limited

• Kalamazoo has commenced planning for an extensive exploration and drilling campaign with the aim to make new discoveries, substantially increase the 1.65Moz oxide and sulphide gold resource, and advance project development plans

• The first drilling campaign is planned to commence in Q4, 2020

Kalamazoo’s Director and Project Manager Paul Adams said today, “We are extremely pleased to have now completed this major Ashburton Gold Project acquisition. We would like to thank Northern Star for the opportunity to advance this highly prospective project and to acknowledge its key peoples’ professionalism in developing and completing the transaction.

In recent weeks we have established a very experienced project team and will now look to expand the existing 1.65Moz gold resource and progress development plans for what we consider will be a transformational project for Kalamazoo and our shareholders”.

For further information, please contact:

Luke Reinehr	Victoria Humphries
Chairman / CEO	Investor Relations – NWR Communications
luke.reinehr@kzr.com.au	victoria@nwrcommunications.com.au

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