PERSEUS MINING LIMITED - Capital/Financing Update 2022

20 APRIL 2022

NEWS RELEASE

PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

Perseus Mining Limited (ASX/TSX: PRU) is pleased to report details of its recently completed resource drilling program at the Nkosuo prospect, located 7 km from its Edikan Gold Mine in Ghana. Preparation of a maiden Mineral Resource Estimate for the deposit has begun and is due for completion by the end of the June 2022 Quarter.

HIGHLIGHTS

Perseus records further impressive drilling results from the Nkosuo prospect on the Agyakusu Prospecting Licence, located within comfortable trucking distance of the processing facility at the Edikan Gold Mine in Ghana.
Resource definition drilling over the northern part of the deposit is now complete and work has begun on the estimation of a maiden Mineral Resource estimate for Nkosuo. This is due to be completed by the end of the June 2022 quarter.
Results continue to demonstrate strong potential for shallow, granite-hosted open-pitable gold resources, with:
NKS0048RD: 2.5m @ 87.3 g/t Au from 250.5m
NKS0056DD: 30.2m @ 1.68 g/t Au from 102.34m and 12.2m @ 8.03 g/t Au from 136.5m
NKS0100RC: 9m @ 13.93 g/t Au from 15m
NKS0117RC: 22m @ 3.92 g/t Au from 8m
NKS0120RC: 16m @ 4.17g/t Au from 24m
NKS0142RC: 10m @ 3.65 g/t Au from 36m
NKS0153RC: 7m @ 6.05g/t Au from 33m and 14m @ 7.72g/t Au from 44m
NKS0164RC: 6m @ 6.71g/t Au from 16m and 22m @ 1.48g/t Au from 28m
NKS0170RC: 43m @ 2.55 g/t Au from 7m and 39m @ 2.97 g/t Au from 56m
NKS0175RD: 5m @ 24.74 g/t Au from 131m
NKS0178RD: 14m @ 9.14 g/t Au from 2m, 30m @ 1.14 g/t Au from 20m and 48m @ 1.06 g/t Au from 66m
NKS0214RC: 10m @ 7.49 g/t Au from 26m
Results further confirm that the Nkosuo prospect hosts near-surface, granite-hosted gold mineralisation similar to that mined in Edikan’s Fobinso and Abnabna (“AG”) pits.
Mineralisation and granite host remain open to the south.
Nkosuo discovery has the potential to extend Edikan’s mine life beyond forecast end in FY2026-2027.

PERSEUS MINING LIMITED

Level 2, 437 Roberts Road, Subiaco WA 6008 ABN: 27 106 808 986

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

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Perseus’s Managing Director and CEO Jeff Quartermaine said:

“ As Perseus works towards consolidating our position as a reliable 500,000oz per year gold producer, our near-mine exploration drilling programmes are consistently delivering results that are aligned with this aim.

The drilling programme at Nkosuo has returned impressive results that demonstrate that the deposit has the potential to materially add to Edikan’s mine life. We are particularly encouraged by similarities between the Nkosuo deposit and the Fobinso and Abnabna deposits that we’ve already successfully developed, mined and processed at Edikan.

“While we are working towards completing a maiden Mineral Resource estimate for Nkosuo in the current quarter, we note that Nkosuo is just the first of several interesting targets located on the Agyakusu Exploration Licence. Perseus intends to continue exploring on each of the Agyakusu, Agyakusu-DML and Domenase exploration licence areas, all of which are under option to Perseus and all of which are located within comfortable trucking distance of our Edikan mill.”

NKOSUO EXPLORATION DRILLING

Results from Perseus’s recent exploration activities at the Nkosuo project adjacent to its Edikan Gold Mine (Edikan) in Ghana continue to confirm the outstanding potential to grow its gold inventory at Edikan through further drilling success.

Perseus secured an option to acquire the 23.85km[2 ] Agyakusu prospecting licence ( Appendix 1 - Figure 1.1 ), currently held by Ghanaian company Adio-Mabas Ghana Ltd, in November 2019 (see New Release 4 November 2019).

Exploration drilling commenced at the Nkosuo prospect on the Agyakusu PL on 1 July 2021, with the first highly encouraging results being reported last year (News Release dated 13 October 2021), and further updated in January 2022 (News Release 18 January 2022).

Perseus has drilled a total of 36,895 metres in 97 Reverse Circulation (“RC”), 19 diamond (“DD”) holes and 103 RC precollared diamond holes (“RD”). Drilling was initially conducted on a nominal 80 x 80 metre grid to scope out the extent and overall geometry of the host granite and contained mineralisation, subsequently infilled to 40 x 20 metres over the main mineralised zones to provide the basis for a mineral resource estimate.

Mineralisation at Nkosuo is hosted by an elongated NNE-trending granitic plug extending at least 1.2 kilometres in strike, with widths ranging from ~120 metres in the northern part to up to 160 metres in the southern part. The northern part of the intrusive body is dislocated by a sinuous NW-SE fault that offsets the northern 400 metres of the body ~160 metres to the northwest ( Appendix 1 - Figure 1.2) .

The strongest mineralisation is contained in the offset northern part of the intrusion and the northern central section of the southern part of the intrusion, gradually waning to the southwest. The granite body dips at around 70[0] to the west in the northern part of the intrusion, steepening to near vertical towards the south. Mineralisation within the granite consists of variably intense quartz stockwork veining with associated quartz-carbonate-sericite alteration. The veining and alteration are accompanied by 1-2% disseminated and selvage pyrite and arsenopyrite, with better gold grades generally associated with higher concentrations of arsenopyrite.

The granite remains open to the south, with indications from surface workings that mineralisation may strengthen within the southern apex of the intrusion, analogous to the situation in the northern apex.

Better intercepts from the Nkosuo drilling between 8 January and the completion of drilling on 28 March 2022 are shown below in Appendix 2 - Table 1 and on Appendix 1 – Figure 1.2 , with a complete summary included in Appendix 2 - Table 2 . Representative sections are presented in Appendix 1 – Figures 1.3 to 1.5 .

Results available to date from the Nkosuo drilling confirm Perseus’s previously declared potential for an Exploration Target of 10Mt to 15 Mt grading 0.9 to 1.1 g/t gold for 275 to 500koz contained gold (News Release dated 13 October 2021). Current indications are that the bulk of this resource will be at depths shallower than 150 metres.

The Exploration Target is conceptual in nature and takes no account of geological complexity, possible mining method or metallurgical recovery factors. The Exploration Target was estimated to enable an early assessment of the discovery’s potential to add to Edikan’s mine life.

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The potential quantity and grade of the Exploration Target is conceptual in nature and therefore is an approximation. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in estimation of a Mineral Resource. The Exploration Target has been prepared and reported in accordance with the 2012 edition of the JORC Code and NI 43-101.

The Exploration Target is defined by:

A wireframe of the host granite body used to limit the extent of interpreted mineralisation volume.
Drill sample intervals composited to uniform 2 metre down-hole lengths with composite gold grades capped at 10g/t.
Gold grades estimated by inverse distance squared weightings (IDW) into parent blocks with dimensions 20 metres east x 20 metres north x 10 metres elevation using a 50 metres east x 100 metres north x 100 metre elevation search ellipsoid with a minimum of four samples required to make an estimate.
Estimates informed only by samples within the granite.
Parent blocks sub-blocked against the granite wireframe and interpreted weathering surfaces using a minimum 5 metres east x 5 metres north x 2.5 metres elevation sub-block to reliably estimate the mineralisation volume.
Densities for weathered, transition and fresh rock assumed to be 1.8, 2.1 and 2.7 tonnes per cubic metre.
Sub-blocks grading greater than 0.4g/t gold and to a maximum vertical depth of approximately 170 metres.

NEXT STEPS

Results from the recent drilling will form the basis for a Mineral Resource Estimate to be completed during the June 2022 quarter.
Metallurgical testwork is underway and geotechnical drilling has been undertaken to support studies into the Ore Reserve potential, expected to be completed early in the September Quarter of 2022.
In anticipation that this work will lead to a positive outcome, Perseus has exercised its option over the Agyakusu permit, with the permit transfer currently awaiting Ministerial approval.
Baseline studies to meet the requirements of the ESIA process have also commenced.
Future drilling will focus on defining the southern extent of the granite and its contained mineralisation.
Exploration more broadly at Edikan will investigate high-order prospects on the adjacent Agyakusu DML and Domenase permits where soil geochemical sampling has identified strong gold-in-soil anomalies associated with mineralised granites.

This announcement has been approved for release by Perseus’s Managing Director and Chief Executive Officer, Jeff Quartermaine.

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COMPETENT PERSON STATEMENT:

The information in this report and the attachments that relate to exploration drilling results and the Nkosuo Exploration Target on the Agyakusu permit is based on, and fairly represents, information and supporting documentation prepared by Dr Douglas Jones, a Competent Person who is a Chartered Professional Geologist. Dr Jones is the Group General Manager Exploration of the Company. Dr Jones has sufficient experience, which is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’”) and to qualify as a “Qualified Person” under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). Dr Jones consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.

CAUTION REGARDING FORWARD LOOKING INFORMATION:

This report contains forward-looking information which is based on the assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management of the Company believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Assumptions have been made by the Company regarding, among other things: the price of gold, continuing commercial production at the Yaouré Gold Mine, Edikan Gold Mine and Sissingué Gold Mine without any major disruption due to the COVID-19 pandemic or otherwise, the receipt of required governmental approvals, the accuracy of capital and operating cost estimates, the ability of the Company to operate in a safe, efficient and effective manner and the ability of the Company to obtain financing as and when required and on reasonable terms. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used by the Company. Although management believes that the assumptions made by the Company and the expectations represented by such information are reasonable, there can be no assurance that the forward-looking information will prove to be accurate. Forward-looking information involves known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any anticipated future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, the actual market price of gold, the actual results of current exploration, the actual results of future exploration, changes in project parameters as plans continue to be evaluated, as well as those factors disclosed in the Company's publicly filed documents. The Company believes that the assumptions and expectations reflected in the forward-looking information are reasonable. Assumptions have been made regarding, among other things, the Company’s ability to carry on its exploration and development activities, the timely receipt of required approvals, the price of gold, the ability of the Company to operate in a safe, efficient and effective manner and the ability of the Company to obtain financing as and when required and on reasonable terms. Readers should not place undue reliance on forward-looking information. Perseus does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

ASX/TSX CODE: PRU

REGISTERED OFFICE:

Level 2 437 Roberts Road Subiaco WA 6008

Telephone: +61 8 6144 1700 Email: [email protected] ABN: 27 106 808 986

CONTACTS:

Jeff Quartermaine Managing Director & CEO [email protected]

Nathan Ryan

Media Relations +61 4 20 582 887 [email protected]

www.perseusmining.com

Claire Hall

Corporate Communications [email protected]

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APPENDIX 1 - FIGURES

Figure 1.1: Edikan Gold Project – Regional Geology, Tenements, Deposits and Prospects

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Figure 1.2: Nkosuo Prospect – Drilling and Selected Results. Locations of Sections 1-3 shown.

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Figure 1.3: Nkosuo Prospect – Drill Section 1 – 20,160N Local Grid showing selected recent intercepts.

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Figure 1.4: Nkosuo Prospect – Drill Section 2 – 20,080N Local Grid showing selected recent intercepts

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Figure 1.5: Nkosuo Prospect – Drill Section 3 - 19,920N Local Grid showing selected recent intercepts

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APPENDIX 2 – SIGNIFICANT INTERCEPTS

Table 1: Significant Intercept Highlights from Agyakusu Prospecting Licence - Nkosuo Prospect

(Based on lower cut-off of 0.5 g/t Au with maximum 2m internal waste <0.5 g/t)

Hole ID	From (m)	To (m)	Gold Intercept
NKS0048RD 250.5		253 2.5m @ 87.30g/t
NKS0056DD 102.34		132.52 30.18m @ 1.68g/t
NKS0056DD 136.48		148.64 12.16m @ 8.03g/t
NKS0058RD 204.1		215 10.9m @ 1.39g/t
NKS0058RD 220		257.4 37.4m @0.72g/t
NKS0061RD 65.1		83 17.9m @ 0.95g/t
NKS0061RD 102		122 20m @ 1.35g/t
NKS0062RD 104.23		141 36.77m @ 1.58g/t
NKS0064RD 104		114 10m @ 1.9g/t
NKS0064RD 117		136 19m @ 1.03g/t
NKS0064RD 139		149.3 10.3m 1.78g/t
NKS0065RD 280		286.5 6.5m @ 3.5g/t
NKS0072RD 123		160 37m @ 1.73g/t
NKS0074RD 293		300.5 7.5m @2.4g/t
NKS0077RD 159		178.15 19.15m @ 0.89g/t
NKS0078DD 67		71.3 4.3m @ 5.63g/t
NKS0078DD 133.6		160.9 27.3 m @ 2.3g/t
NKS0079DD 58		106 48m @ 0.91g/t
NKS0079DD 113		128.33 15.33m @ 1.45g/t
NKS0079DD 142.13		151.5 9.37m @ 2.93g/t
NKS0080DD 94		108 14m @ 1.19g/t
NKS0086RD 109		118 9m @ 1.67g/t
NKS0087RD 135		159.52 24.52m @1.37g/t
NKS0088RD 86		125.18 37.47m @ 2.21g/t
NKS0094RC 64		78 14m @ 2.89g/t
NKS0096RC 1		16 15m @ 1.36g/t
NKS0098DD 61		84 23m @1.21g/t
NKS0098DD 87		118 31m @ 1.42g/t
NKS0099RC 28		46 18m @ 3.23g/t
NKS0100RC 15		24 9m @ 13 93g/t
NKS0103RC 0		28 28m @ 0.95 g/t
NKS0103RC 44		60 16m @ 1.66g/t

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Hole ID	From (m)	To (m)	Gold Intercept
NKS0108RC 26		52 26m @ 1.1g/t
NKS0110RC 21		34 13m @ 3.97g/t
NKS0114RC 64		80 16m @ 1.79g/t
NKS0116RC 36		62 28m @ 1.02 g/t
NKS0116RC 68		76 8m @ 5.64g/t
NKS0117RC 8		30 22m @ 3.92g/t
NKS0119RC 38		62 24m @ 0.89g/t
NKS0119RC 80		102 22m @ 0.74g/t
NKS0120RC 24		40 16m @ 4.17 g/t
NKS0121RD 28		42 14m @ 1.69g /t
NKS0121RD 56		78.7 22.7m @ 1.48g/t
NKS0121RD 148		171.2 23.2m @ 1.42g/t
NKS0122RC 14		30 16m @ 1.22g/t
NKS0123RC 9		12 3m @ 6.99g/t
NKS0123RC 24		42 18m @ 1.96g/t
NKS0123RC 48		60 12m @ 2.42g/t
NKS0125RC 8		12 4m @ 4.8g/t
NKS0125RC 40		68 28m @ 2.2g/t
NKS0126RC 5		20 15m @ 1.04g/t
NKS0126RC 24		34 10m @ 1.56g/t
NKS0127RC 38		53 15m @ 3.88g/t
NKS0130RD 60		64 4m @ 5.92g/t
NKS0131RD 2		6 4m @ 1.52g/t
NKS0131RD 12		52 40m @ 1.13g/t
NKS0131RD 62		94 32m @ 1.23g/t
NKS0131RD 116.2		123.9 7.7m @ 1.16g/t
NKS0131RD 126.2		133 6.8m @ 1.33g/t
NKS0131RD 209.7		213.8 4.1m @ 1.3g/t
NKS0132RC 48		66 18m @ 0.9g/t
NKS0133RD 10		36 26m @ 2.1g/t
NKS0133RD 48		64 16m @ 1.27g/t
NKS0133RD 80.2		113 32.8m @ 2.01g/t
NKS0134RD 138		159.3 21.3m @ 3.39g/t
NKS0135RC 1		78 77m @ 0.89g/t
NKS0139RC 18		28 10m @ 1.5g/t

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Hole ID	From (m)	To (m)	Gold Intercept
NKS0139RC 34		52 18m @ 1.72g/t
NKS0140RC 0		14 14m @ 1.47g/t
NKS0140RC 18		52 34m @ 0.82 g/t
NKS0140RC 58		72 14m @ 2.09g/t
NKS0140RC 76		96 20m @ 1.25g/t
NKS0141RC 24		44 20m @ 1.57g/t
NKS0141RC 50		122 72m @ 1.12g/t
NKS0142RC 36		46 10m @ 3.65g/t
NKS0143RD 247		248.5 1.5m @ 14.65g/t
NKS0144RC 22		50 28m @ 0. 92g/t
NKS0144RC 56		102 46m @ 1.02g/t
NKS0144RC 104		138 34m @ 0.94 g/t
NKS0144RC 150		178 28m @ 1.02g/t
NKS0145RD 34		50 16m @ 1.59g/t
NKS0147RD 2		24 22m @1.4g/t
NKS0147RD 143.56		145.5 1.94m @ 8.62g/t
NKS0149RC 28		38 10m @ 4.31 g/t
NKS0150RC 64		82 18m @ 1.58g/t
NKS0151RD 115		133.5 18.5m @ 0.93 g/t
NKS0153RC 33		40 7m @ 6.05 g/t
NKS0153RC 44		58 14m @ 7.72g/t
NKS0159RD 106.5		141.2 34.7m @ 1.35g
NKS0159RD 145.7		157 11.3m @ 1.44g/t
NKS0161RC 72		90 18m @ 0.94g/t
NKS0164RC 16		22 6m @ 6.71g/t
NKS0164RC 28		50 22m @ 1.48g/t
NKS0165RD 114.50		147.00 32.5m @ 1.29g/t
NKS0166RD 1		20 19m @ 1.17g/t
NKS0166RD 130.50		132.50 2.00m @ 8.66g/t
NKS0170RC 7		50 43m @ 2.55g/t
NKS0170RC 56		95 39m @ 2.97 g/t
NKS0171DD 76		78.05 2.05m @ 4.13g/t
NKS0171DD 85		88 3m @ 4.13g/t
NKS0173RD 54		77 23m @1.12g/t
NKS0173RD 79.2		108.2 29m @ 2.62 g/t

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Hole ID	From (m)	To (m)	Gold Intercept
NKS0174RC 12		44 32m @ 2.95g/t
NKS0175RD 131		136 5m @ 24.74g/t
NKS0177RD 85		105 20m @ 1.2g/t
NKS0178RD 2		16 14m @ 9.14g/t
NKS0178RD 2		16 14m @ 9.14g/t
NKS0178RD 20		50 30m @ 1.14g/t
NKS0178RD 66		114 48m @ 1.06g/t
NKS0180RD 163.5		177 29.3m @ 0.83g/t
NKS0181RD 130.1		142 11.9m @ 1.28g/t
NKS0182RD 6		26 20m @ 0.8g/t
NKS0183RD 4		12 8m @ 1.24g/t
NKS0183RD 22		30 8m @ 4.25g/t
NKS0185RD 0		28 28m @ 1.17g/t
NKS0185RD 123.00		125.00 2.00m @ 8.84g/t
NKS0186RD 86		90 4m @ 4.68g/t
NKS0186RD 119		146 27m @ 1.25g/t
NKS0186RD 158		165 7m @ 3.42 g/t
NKS0186RD 177		188.68 11.68m @ 21.07g/t
NKS0189RD 98.90		103.50 4.60m @ 5.97g/t
NKS0190RD 16		38 22m @ 0.81g/t
NKS0191RC 56		74 18m @ 1.4g/t
NKS0192RC 2		20 18m @ 1.32g/t
NKS0194RD 40		46 6m @ 9.06g/t
NKS0194RD 108		114.45 6.45m @ 2.8g/t
NKS0194RD 133		139.4 6.4m @ 3.29g/t
NKS0195RD 1		26 25m @ 1.54g/t
NKS0196RD 66		78 12m @ 2.14g/t
NKS0201RC 30		58 28m @ 0.83g/t
NKS0202RC 76		86 10m @ 2.62 g/t
NKS0206RC 4		30 26m @ 0.96g/t
NKS0209RD 297		302.6 5.6m @ 1.14g/t
NKS0210RD 143		145 2m @9.24g/t
NKS0213RC 10		14 4m @ 3.83g/t
NKS0213RC 18		36 18m @ 2.03g/t
NKS0213RC 42		62 20m @ 1.49 g/t

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Hole ID	From (m)	To (m)	Gold Intercept
NKS0214RC 26		36 10m @ 7.49g/t
NKS0215RC 16		54 38m @ 2.22g/t
NKS0216RC 2		42 40m @1.35 g/t
NKS0217RD 0		30 30m @ 1.62g/t
NKS0217RD 36		54 18m @ 1.32g/t
NKS0217RD 64		103.9 39.9m @ 1.09g/t
NKS0218DD 24.3		62.5 37.2m @ 1.06g/t

Table 2: Nkosuo drill holes and significant assays

Hole ID	East (mE)	North (mN)	Drill Type	Azimuth (°)	Dip (°)	Depth (m)	No of samples	From (m)	To (m)	Width (m)	Grade (g/t)
NKS0048RD	10835.13	19924.12	RD	119	-55	378.3	1	131.32	132	0.68	0.59
NKS0048RD	10835.13	19924.12	RD	119	-55	378.3	1	147.1	147.5	0.5	0.66
NKS0048RD	10835.13	19924.12	RD	119	-55	378.3	1	183	184	1	0.72
NKS0048RD	10835.13	19924.12	RD	119	-55	378.3	6	209	214.9	5.9	1.01
NKS0048RD	10835.13	19924.12	RD	119	-55	378.3	4	226	229.6	3.6	1.49
NKS0048RD	10835.13	19924.12	RD	119	-55	378.3	3	233.5	237	3.5	0.73
NKS0048RD	10835.13	19924.12	RD	119	-55	378.3	1	244.7	245.2	0.5	0.72
NKS0048RD	10835.13	19924.12	RD	119	-55	378.3	3	250.5	253	2.5	87.3
NKS0048RD	10835.13	19924.12	RD	119	-55	378.3	1	257	257.5	0.5	0.56
NKS0048RD	10835.13	19924.12	RD	119	-55	378.3	1	260	260.7	0.7	0.99
NKS0049RD	10957.08	19838.30	RD	119	-55	323	1	140.9	142	1.1	0.91
NKS0049RD	10957.08	19838.30	RD	119	-55	323	14	151	165	14	0.81
NKS0049RD	10957.08	19838.30	RD	119	-55	323	1	171	172	1	0.81
NKS0049RD	10957.08	19838.30	RD	119	-55	323	6	177.9	184	6.1	0.54
NKS0049RD	10957.08	19838.30	RD	119	-55	323	2	236	238	2	1.07
NKS0049RD	10957.08	19838.30	RD	119	-55	323	1	251	252	1	2.22
NKS0049RD	10957.08	19838.30	RD	119	-55	323	1	289	290	1	0.99
NKS0049RD	10957.08	19838.30	RD	119	-55	323	1	311	312	1	1.13
NKS0051RD	10998.13	19677.42	RD	119	-55	249.2	1	162.9	164	1.1	0.51
NKS0052RD	11073.80	19676.61	RD	119	-55	159.1	3	143	146	3	1.15
NKS0052RD	11073.80	19676.61	RD	119	-55	159.1	2	151.11	153	1.89	1.07
NKS0053RD	10954.67	19758.39	RD	119	-55	312	1	138	139.13	1.13	0.9
NKS0053RD	10954.67	19758.39	RD	119	-55	312	2	149	151	2	0.81
NKS0053RD	10954.67	19758.39	RD	119	-55	312	1	215.1	216.5	1.4	1.15
NKS0053RD	10954.67	19758.39	RD	119	-55	312	1	226	227.24	1.24	0.53
NKS0053RD	10954.67	19758.39	RD	119	-55	312	3	230.08	232.65	2.57	3.42
NKS0053RD	10954.67	19758.39	RD	119	-55	312	2	246.14	248.38	2.24	0.79
NKS0053RD	10954.67	19758.39	RD	119	-55	312	1	251.29	252	0.71	1.55
NKS0053RD	10954.67	19758.39	RD	119	-55	312	1	255	256.2	1.2	1.24
NKS0053RD	10954.67	19758.39	RD	119	-55	312	4	272.05	276.26	4.21	1.15
NKS0053RD	10954.67	19758.39	RD	119	-55	312	5	279	284	5	2.11
NKS0053RD	10954.67	19758.39	RD	119	-55	312	1	288	289.15	1.15	0.61

PERSEUSMINING.COM

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

==> picture [110 x 35] intentionally omitted <==

Hole ID	East (mE)	North (mN)	Drill Type	Azimuth (°)	Dip (°)	Depth (m)	No of samples	From (m)	To (m)	Width (m)	Grade (g/t)
NKS0053RD	10954.67	19758.39	RD	119	-55	312	1	291.43	292.2	0.77	0.88
NKS0054RD	11036.39	19715.47	RD	119	-55	251.1	1	174.7	175.5	0.8	0.66
NKS0054RD	11036.39	19715.47	RD	119	-55	251.1	1	179.5	180.5	1	0.96
NKS0054RD	11036.39	19715.47	RD	119	-55	251.1	2	182.64	184.4	1.76	0.92
NKS0054RD	11036.39	19715.47	RD	119	-55	251.1	1	194	195.1	1.1	0.63
NKS0054RD	11036.39	19715.47	RD	119	-55	251.1	1	210.1	210.64	0.54	0.97
NKS0054RD	11036.39	19715.47	RD	119	-55	251.1	1	237.8	238.85	1.05	0.83
NKS0055RD	11032.26	19636.53	RD	119	-55	213	1	177	178	1	1.2
NKS0056DD	10852.81	20137.95	DD	119	-55	252.1	1	3.3	4.3	1	1.68
NKS0056DD	10852.81	20137.95	DD	119	-55	252.1	6	66.1	71.44	5.34	1.44
NKS0056DD	10852.81	20137.95	DD	119	-55	252.1	3	79	82	3	1.36
NKS0056DD	10852.81	20137.95	DD	119	-55	252.1	4	86.26	89.8	3.54	2.02
NKS0056DD	10852.81	20137.95	DD	119	-55	252.1	2	96.2	98.3	2.1	0.95
NKS0056DD	10852.81	20137.95	DD	119	-55	252.1	33	102.34	132.52	30.18	1.68
NKS0056DD	10852.81	20137.95	DD	119	-55	252.1	13	136.48	148.64	12.16	8.03
NKS0056DD	10852.81	20137.95	DD	119	-55	252.1	1	183.86	184.6	0.74	1.16
NKS0056DD	10852.81	20137.95	DD	119	-55	252.1	4	243.33	249.05	2.46	0.81
NKS0057RD	10957.68	19635.74	RD	119	-55	273.2	1	221.2	222.2	1	0.65
NKS0058RD	10955.28	19714.11	RD	119	-55	303.2	1	109	110	1	0.66
NKS0058RD	10955.28	19714.11	RD	119	-55	303.2	1	119	120	1	1.15
NKS0058RD	10955.28	19714.11	RD	119	-55	303.2	1	157	158	1	1.85
NKS0058RD	10955.28	19714.11	RD	119	-55	303.2	1	160	161	1	0.6
NKS0058RD	10955.28	19714.11	RD	119	-55	303.2	1	165.91	167	1.09	1.16
NKS0058RD	10955.28	19714.11	RD	119	-55	303.2	1	178.5	179.44	0.94	1.06
NKS0058RD	10955.28	19714.11	RD	119	-55	303.2	1	182	183	1	0.72
NKS0058RD	10955.28	19714.11	RD	119	-55	303.2	1	193.1	194.2	1.1	0.96
NKS0058RD	10955.28	19714.11	RD	119	-55	303.2	3	197.1	200.1	3	3.46
NKS0058RD	10955.28	19714.11	RD	119	-55	303.2	11	204.1	215	10.9	1.39
NKS0058RD	10955.28	19714.11	RD	119	-55	303.2	33	220	257.4	37.4	0.72
NKS0058RD	10955.28	19714.11	RD	119	-55	303.2	1	264	265.1	1.1	2.08
NKS0058RD	10955.28	19714.11	RD	119	-55	303.2	1	289	289.9	0.9	0.97
NKS0058RD	10955.28	19714.11	RD	119	-55	303.2	1	294	295.1	1.1	9.64
NKS0058RD	10955.28	19714.11	RD	119	-55	303.2	1	297	298.36	1.36	1.14
NKS0061RD	10893.36	20157.38	RD	119	-55	171.1	1	36.5	38	1.5	0.61
NKS0061RD	10893.36	20157.38	RD	119	-55	171.1	1	41	42.5	1.5	1.22
NKS0061RD	10893.36	20157.38	RD	119	-55	171.1	1	45	46	1	4.25
NKS0061RD	10893.36	20157.38	RD	119	-55	171.1	17	65.1	83	17.9	0.95
NKS0061RD	10893.36	20157.38	RD	119	-55	171.1	9	86	96	10	0.89
NKS0061RD	10893.36	20157.38	RD	119	-55	171.1	20	102	122	20	1.35
NKS0061RD	10893.36	20157.38	RD	119	-55	171.1	2	125	127	2	0.75
NKS0061RD	10893.36	20157.38	RD	119	-55	171.1	5	131	136	5	0.69
NKS0061RD	10893.36	20157.38	RD	119	-55	171.1	7	140	148.5	8.5	1.04
NKS0061RD	10893.36	20157.38	RD	119	-55	171.1	6	153	160	7	0.75
NKS0062RD	10857.38	20157.94	RD	119	-55	231.1	1	90	91	1	0.87
NKS0062RD	10857.38	20157.94	RD	119	-55	231.1	38	104.23	141	36.77	1.58
NKS0062RD	10857.38	20157.94	RD	119	-55	231.1	5	160	164.6	4.6	1.24

PERSEUSMINING.COM

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

==> picture [110 x 35] intentionally omitted <==

Hole ID	East (mE)	North (mN)	Drill Type	Azimuth (°)	Dip (°)	Depth (m)	No of samples	From (m)	To (m)	Width (m)	Grade (g/t)
NKS0064RD	10874.77	20137.64	RD	119	-55	225.1	1	65.1	66.1	1	0.5
NKS0064RD	10874.77	20137.64	RD	119	-55	225.1	1	67	68	1	0.65
NKS0064RD	10874.77	20137.64	RD	119	-55	225.1	2	79	81	2	0.7
NKS0064RD	10874.77	20137.64	RD	119	-55	225.1	1	86	87	1	7.14
NKS0064RD	10874.77	20137.64	RD	119	-55	225.1	10	104	114	10	1.9
NKS0064RD	10874.77	20137.64	RD	119	-55	225.1	19	117	136	19	1.03
NKS0064RD	10874.77	20137.64	RD	119	-55	225.1	10	139	149.3	10.3	1.78
NKS0064RD	10874.77	20137.64	RD	119	-55	225.1	8	157	165	8	1.6
NKS0064RD	10874.77	20137.64	RD	119	-55	225.1	1	177	178.5	1.5	3.61
NKS0064RD	10874.77	20137.64	RD	119	-55	225.1	1	182	182.9	0.9	0.72
NKS0064RD	10874.77	20137.64	RD	119	-55	225.1	1	184.8	186	1.2	1.47
NKS0065RD	10957.63	19796.73	RD	119	-55	309	1	175	176	1	0.97
NKS0065RD	10957.63	19796.73	RD	119	-55	309	1	220	221.1	1.1	1.1
NKS0065RD	10957.63	19796.73	RD	119	-55	309	1	252	253	1	0.6
NKS0065RD	10957.63	19796.73	RD	119	-55	309	1	260	261	1	1.69
NKS0065RD	10957.63	19796.73	RD	119	-55	309	1	264.1	265.3	1.2	0.75
NKS0065RD	10957.63	19796.73	RD	119	-55	309	3	268	271.1	3.1	0.66
NKS0065RD	10957.63	19796.73	RD	119	-55	309	7	280	286.5	6.5	3.5
NKS0065RD	10957.63	19796.73	RD	119	-55	309	4	289	293	4	0.52
NKS0066RD	10995.92	19796.99	RD	119	-55	237.3	1	147	148	1	0.59
NKS0066RD	10995.92	19796.99	RD	119	-55	237.3	2	165	167	2	4.82
NKS0066RD	10995.92	19796.99	RD	119	-55	237.3	1	173.1	174	0.9	0.5
NKS0066RD	10995.92	19796.99	RD	119	-55	237.3	1	179	180	1	0.53
NKS0066RD	10995.92	19796.99	RD	119	-55	237.3	2	206.6	208.7	2.1	1.59
NKS0066RD	10995.92	19796.99	RD	119	-55	237.3	1	217	218	1	0.91
NKS0066RD	10995.92	19796.99	RD	119	-55	237.3	2	220	221.9	1.9	0.66
NKS0067RD	10954.10	19875.91	RD	119	-55	329.9	1	129.41	130.63	1.22	0.58
NKS0067RD	10954.10	19875.91	RD	119	-55	329.9	1	136.9	137.69	0.79	1.05
NKS0067RD	10954.10	19875.91	RD	119	-55	329.9	1	140.05	140.65	0.6	1.37
NKS0067RD	10954.10	19875.91	RD	119	-55	329.9	1	156.03	156.59	0.56	0.5
NKS0067RD	10954.10	19875.91	RD	119	-55	329.9	1	166	167	1	2.93
NKS0067RD	10954.10	19875.91	RD	119	-55	329.9	2	169.53	171	1.47	0.72
NKS0067RD	10954.10	19875.91	RD	119	-55	329.9	1	175.24	176	0.76	1.1
NKS0067RD	10954.10	19875.91	RD	119	-55	329.9	2	191	193	2	0.7
NKS0067RD	10954.10	19875.91	RD	119	-55	329.9	1	222.37	223	0.63	1.75
NKS0067RD	10954.10	19875.91	RD	119	-55	329.9	1	224.9	226.05	1.15	0.98
NKS0067RD	10954.10	19875.91	RD	119	-55	329.9	1	232.9	234.2	1.3	0.84
NKS0067RD	10954.10	19875.91	RD	119	-55	329.9	1	236.1	236.9	0.8	0.7
NKS0067RD	10954.10	19875.91	RD	119	-55	329.9	2	241	242.8	1.8	0.65
NKS0067RD	10954.10	19875.91	RD	119	-55	329.9	1	252	253	1	0.72
NKS0067RD	10954.10	19875.91	RD	119	-55	329.9	2	300	302.23	2.23	0.6
NKS0067RD	10954.10	19875.91	RD	119	-55	329.9	1	315.92	317	1.08	0.56
NKS0068RD	11037.15	19876.94	RD	119	-55	210.3	2	121	123	2	0.6
NKS0068RD	11037.15	19876.94	RD	119	-55	210.3	2	134	136	2	2.5
NKS0068RD	11037.15	19876.94	RD	119	-55	210.3	2	139	141	2	0.86
NKS0068RD	11037.15	19876.94	RD	119	-55	210.3	1	144	145	1	3.11

PERSEUSMINING.COM

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

==> picture [110 x 35] intentionally omitted <==

Hole ID	East (mE)	North (mN)	Drill Type	Azimuth (°)	Dip (°)	Depth (m)	No of samples	From (m)	To (m)	Width (m)	Grade (g/t)
NKS0068RD	11037.15	19876.94	RD	119	-55	210.3	1	148	149	1	1.73
NKS0068RD	11037.15	19876.94	RD	119	-55	210.3	2	153.4	156	2.6	0.56
NKS0068RD	11037.15	19876.94	RD	119	-55	210.3	1	192.03	193	0.97	0.69
NKS0068RD	11037.15	19876.94	RD	119	-55	210.3	2	198.85	201	2.15	0.7
NKS0068RD	11037.15	19876.94	RD	119	-55	210.3	1	204.09	204.85	0.76	1.42
NKS0069RD	10918.09	19713.76	RD	119	-55	393.2	1	112	113	1	1.78
NKS0069RD	10918.09	19713.76	RD	119	-55	393.2	1	119	120	1	0.54
NKS0069RD	10918.09	19713.76	RD	119	-55	393.2	1	162	163	1	0.75
NKS0069RD	10918.09	19713.76	RD	119	-55	393.2	3	165	167.5	2.5	0.61
NKS0069RD	10918.09	19713.76	RD	119	-55	393.2	1	177.2	178	0.8	0.55
NKS0069RD	10918.09	19713.76	RD	119	-55	393.2	1	193.2	194	0.8	2.39
NKS0069RD	10918.09	19713.76	RD	119	-55	393.2	1	221.6	223	1.4	0.5
NKS0069RD	10918.09	19713.76	RD	119	-55	393.2	1	225.3	226.23	0.93	1.02
NKS0069RD	10918.09	19713.76	RD	119	-55	393.2	1	236	237	1	0.68
NKS0069RD	10918.09	19713.76	RD	119	-55	393.2	1	267.3	268	0.7	0.92
NKS0069RD	10918.09	19713.76	RD	119	-55	393.2	1	270	271	1	1.85
NKS0069RD	10918.09	19713.76	RD	119	-55	393.2	1	389.33	390.4	1.13	0.81
NKS0070RD	10880.29	19918.73	RD	119	-55	448	2	113.36	115.88	2.52	2.67
NKS0070RD	10880.29	19918.73	RD	119	-55	448	1	122.5	123.9	1.4	0.51
NKS0070RD	10880.29	19918.73	RD	119	-55	448	2	163	165	2	0.56
NKS0070RD	10880.29	19918.73	RD	119	-55	448	1	168.5	170	1.5	0.56
NKS0070RD	10880.29	19918.73	RD	119	-55	448	3	231.7	233.7	2	0.76
NKS0070RD	10880.29	19918.73	RD	119	-55	448	1	242.5	244	1.5	0.73
NKS0070RD	10880.29	19918.73	RD	119	-55	448	1	257	258	1	0.88
NKS0070RD	10880.29	19918.73	RD	119	-55	448	1	260	261	1	1.5
NKS0070RD	10880.29	19918.73	RD	119	-55	448	4	304.1	308	3.9	0.55
NKS0070RD	10880.29	19918.73	RD	119	-55	448	2	314.9	317	2.1	6.04
NKS0070RD	10880.29	19918.73	RD	119	-55	448	1	320	321	1	9.37
NKS0070RD	10880.29	19918.73	RD	119	-55	448	1	325	326	1	2.35
NKS0070RD	10880.29	19918.73	RD	119	-55	448	3	331	334	3	2.37
NKS0070RD	10880.29	19918.73	RD	119	-55	448	1	354.1	355	0.9	0.98
NKS0070RD	10880.29	19918.73	RD	119	-55	448	1	358	359.1	1.1	0.55
NKS0070RD	10880.29	19918.73	RD	119	-55	448	2	365	367	2	1.04
NKS0070RD	10880.29	19918.73	RD	119	-55	448	1	371	372.1	1.1	0.91
NKS0070RD	10880.29	19918.73	RD	119	-55	448	1	374	375	1	2.52
NKS0070RD	10880.29	19918.73	RD	119	-55	448	1	390	391	1	0.87
NKS0071RD	10916.41	19880.39	RD	119	-55	363.5	6	85.18	86.11	5.92	0.92
NKS0071RD	10916.41	19880.39	RD	119	-55	363.5	1	94.05	95.04	0.99	0.64
NKS0071RD	10916.41	19880.39	RD	119	-55	363.5	1	97.12	98.23	1.11	0.83
NKS0071RD	10916.41	19880.39	RD	119	-55	363.5	2	101.6	103.6	2	0.98
NKS0071RD	10916.41	19880.39	RD	119	-55	363.5	1	112.9	114	1.1	0.5
NKS0071RD	10916.41	19880.39	RD	119	-55	363.5	1	122	123.1	1.1	0.58
NKS0071RD	10916.41	19880.39	RD	119	-55	363.5	7	127.9	135	7.1	0.9
NKS0071RD	10916.41	19880.39	RD	119	-55	363.5	3	138	141	3	0.66
NKS0071RD	10916.41	19880.39	RD	119	-55	363.5	1	150.1	151.3	1.2	0.5
NKS0071RD	10916.41	19880.39	RD	119	-55	363.5	1	152.24	153	0.76	0.74

PERSEUSMINING.COM

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

==> picture [110 x 35] intentionally omitted <==

Hole ID	East (mE)	North (mN)	Drill Type	Azimuth (°)	Dip (°)	Depth (m)	No of samples	From (m)	To (m)	Width (m)	Grade (g/t)
NKS0071RD	10916.41	19880.39	RD	119	-55	363.5	1	172	173	1	3.36
NKS0071RD	10916.41	19880.39	RD	119	-55	363.5	1	180.7	181.6	0.9	0.64
NKS0071RD	10916.41	19880.39	RD	119	-55	363.5	1	197.2	198	0.8	0.54
NKS0071RD	10916.41	19880.39	RD	119	-55	363.5	1	203.1	204.1	1	0.51
NKS0071RD	10916.41	19880.39	RD	119	-55	363.5	3	209	212	3	1.41
NKS0071RD	10916.41	19880.39	RD	199	-55	363.5	1	216.7	217.5	0.8	1.19
NKS0071RD	10916.41	19880.39	RD	199	-55	363.5	1	252.5	253.5	1	0.68
NKS0071RD	10916.41	19880.39	RD	199	-55	363.5	3	256.2	258	1.8	2.31
NKS0071RD	10916.41	19880.39	RD	199	-55	363.5	1	274.5	275.2	0.7	0.87
NKS0071RD	10916.41	19880.39	RD	199	-55	363.5	1	307.2	308	0.8	2.85
NKS0071RD	10916.41	19880.39	RD	199	-55	363.5	1	312	313	1	2.96
NKS0071RD	10916.41	19880.39	RD	199	-55	363.5	1	322.82	324	1.18	2.6
NKS0071RD	10916.41	19880.39	RD	199	-55	363.5	1	327.8	328.7	0.9	8.34
NKS0071RD	10916.41	19880.39	RD	199	-55	363.5	1	334	334.8	0.8	0.54
NKS0071RD	10916.41	19880.39	RD	199	-55	363.5	1	336	337	1	1.36
NKS0071RD	10916.41	19880.39	RD	199	-55	363.5	1	345	346	1	0.73
NKS0076RD	10998.52	19714.18	RD	199	-55	273.1	2	2	6	4	1.64
NKS0076RD	10998.52	19714.18	RD	199	-55	273.1	2	12	16	4	0.8
NKS0072RD	11035.17	19914.27	RD	119	-55	231	2	116	118	2	1.24
NKS0072RD	11035.17	19914.27	RD	119	-55	231	36	123	160	37	1.73
NKS0072RD	11035.17	19914.27	RD	119	-55	231	1	162.1	163	0.9	0.58
NKS0072RD	11035.17	19914.27	RD	119	-55	231	1	169	170	1	0.65
NKS0072RD	11035.17	19914.27	RD	119	-55	231	1	197	198	1	2.45
NKS0072RD	11035.17	19914.27	RD	119	-55	231	1	217	218	1	1.15
NKS0073RD	10916.08	19799.00	RD	119	-55	427.2	5	149.2	154.2	5	1.36
NKS0073RD	10916.08	19799.00	RD	119	-55	427.2	2	165.3	167.4	2.1	1.19
NKS0073RD	10916.08	19799.00	RD	119	-55	427.2	3	170	173	3	0.55
NKS0073RD	10916.08	19799.00	RD	119	-55	427.2	2	182	184	2	0.66
NKS0073RD	10916.08	19799.00	RD	119	-55	427.2	1	187	188	1	1.53
NKS0073RD	10916.08	19799.00	RD	119	-55	427.2	1	197	198	1	1.89
NKS0073RD	10916.08	19799.00	RD	119	-55	427.2	1	203.5	205	1.5	3.05
NKS0073RD	10916.08	19799.00	RD	119	-55	427.2	1	221	222	1	0.79
NKS0073RD	10916.08	19799.00	RD	119	-55	427.2	1	260	261	1	1.58
NKS0073RD	10916.08	19799.00	RD	119	-55	427.2	1	264.1	265.1	1	0.81
NKS0073RD	10916.08	19799.00	RD	119	-55	427.2	1	329.1	330.2	1.1	1.14
NKS0073RD	10916.08	19799.00	RD	119	-55	427.2	1	343.9	344.6	0.7	1.96
NKS0073RD	10916.08	19799.00	RD	119	-55	427.2	1	384.7	385.7	1	2.08
NKS0074RD	10879.52	19797.03	RD	119	-55	474.3	1	133.8	134.68	0.88	0.56
NKS0074RD	10879.52	19797.03	RD	119	-55	474.3	8	170	177	7	1.17
NKS0074RD	10879.52	19797.03	RD	119	-55	474.3	2	184	186	2	0.68
NKS0074RD	10879.52	19797.03	RD	119	-55	474.3	1	193	194	1	2.31
NKS0074RD	10879.52	19797.03	RD	119	-55	474.3	1	226	227	1	0.91
NKS0074RD	10879.52	19797.03	RD	119	-55	474.3	1	257	258.1	1.1	0.54
NKS0074RD	10879.52	19797.03	RD	119	-55	474.3	1	268.5	269.4	0.9	7.63
NKS0074RD	10879.52	19797.03	RD	119	-55	474.3	2	283.2	284.8	1.6	1.43
NKS0074RD	10879.52	19797.03	RD	119	-55	474.3	7	293	300.5	7.5	2.4

PERSEUSMINING.COM

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

==> picture [110 x 35] intentionally omitted <==

Hole ID	East (mE)	North (mN)	Drill Type	Azimuth (°)	Dip (°)	Depth (m)	No of samples	From (m)	To (m)	Width (m)	Grade (g/t)
NKS0074RD	10879.52	19797.03	RD	119	-55	474.3	1	303.2	303.9	0.7	0.95
NKS0074RD	10879.52	19797.03	RD	119	-55	474.3	1	310.9	312	1.1	2.22
NKS0074RD	10879.52	19797.03	RD	119	-55	474.3	1	332	333.3	1.3	0.96
NKS0074RD	10879.52	19797.03	RD	119	-55	474.3	1	339	340	1	0.63
NKS0074RD	10879.52	19797.03	RD	119	-55	474.3	1	343	344	1	0.63
NKS0074RD	10879.52	19797.03	RD	119	-55	474.3	1	364	364.7	0.7	1.57
NKS0074RD	10879.52	19797.03	RD	119	-55	474.3	1	402.8	403.3	0.5	0.65
NKS0075RD	10837.12	19879.27	RD	119	-55	495.2	1	206.9	207.46	0.56	3.66
NKS0075RD	10837.12	19879.27	RD	119	-55	495.2	5	226.1	231	4.9	1.02
NKS0075RD	10837.12	19879.27	RD	119	-55	495.2	2	234	235.5	1.5	0.77
NKS0075RD	10837.12	19879.27	RD	119	-55	495.2	1	240	241	1	1.74
NKS0075RD	10837.12	19879.27	RD	119	-55	495.2	6	301.9	307.4	5.5	0.61
NKS0075RD	10837.12	19879.27	RD	119	-55	495.2	1	309.1	310	0.9	0.68
NKS0075RD	10837.12	19879.27	RD	119	-55	495.2	17	320	335	15	0.99
NKS0075RD	10837.12	19879.27	RD	119	-55	495.2	1	354	355	1	0.61
NKS0075RD	10837.12	19879.27	RD	119	-55	495.2	1	448	448.7	1	3.17
NKS0075RD	10837.12	19879.27	RD	119	-55	495.2	1	454.5	456	1.5	4.23
NKS0075RD	10837.12	19879.27	RD	119	-55	495.2	1	466.58	467.1	0.52	1.75
NKS0076RD	10998.52	19714.18	RD	199	-55	273.1	2	2	6	4	1.64
NKS0076RD	10998.52	19714.18	RD	199	-55	273.1	2	12	16	4	0.8
NKS0076RD	10998.52	19714.18	RD	119	-55	273.1	1	229.3	229.8	0.5	0.77
NKS0076RD	10998.52	19714.18	RD	119	-55	273.1	1	234.7	235.24	0.54	0.81
NKS0076RD	10998.52	19714.18	RD	119	-55	273.1	1	252	252.6	0.6	0.51
NKS0076RD	10998.52	19714.18	RD	119	-55	273.1	1	268.5	269.2	0.7	0.98
NKS0077RD	11030.35	19793.66	RD	119	-55	219.1	1	121	122	1	0.51
NKS0077RD	11030.35	19793.66	RD	119	-55	219.1	6	124	130	6	1.39
NKS0077RD	11030.35	19793.66	RD	119	-55	219.1	1	133	134.1	1.1	1
NKS0077RD	11030.35	19793.66	RD	119	-55	219.1	13	136	149	13	0.98
NKS0077RD	11030.35	19793.66	RD	119	-55	219.1	19	159	178.15	19.15	0.89
NKS0077RD	11030.35	19793.66	RD	119	-55	219.1	1	179	180	1	0.53
NKS0077RD	11030.35	19793.66	RD	119	-55	219.1	1	182	183.1	1.1	0.68
NKS0077RD	11030.35	19793.66	RD	119	-55	219.1	1	198.48	199	0.52	1.85
NKS0078DD	11079.72	19955.86	DD	199	-55	212.9	2	0	1.7	1.7	0.62
NKS0078DD	11079.72	19955.86	DD	199	-55	212.9	1	2.7	3.7	1	0.51
NKS0078DD	11079.72	19955.86	DD	199	-55	212.9	1	11.2	11.7	0.5	0.58
NKS0078DD	11079.72	19955.86	DD	199	-55	212.9	4	14.7	17.7	3	0.95
NKS0078DD	11079.72	19955.86	DD	199	-55	212.9	12	24.2	33.2	9	1.16
NKS0078DD	11079.72	19955.86	DD	199	-55	212.9	1	35.2	36.2	1	0.62
NKS0078DD	11079.72	19955.86	DD	199	-55	212.9	1	38.6	39.95	1.35	0.9
NKS0078DD	11079.72	19955.86	DD	199	-55	212.9	1	42.2	43.2	1	0.5
NKS0078DD	11079.72	19955.86	DD	199	-55	212.9	3	45.45	49.2	3.75	1.33
NKS0078DD	11079.72	19955.86	DD	199	-55	212.9	6	53.7	59.05	5.35	1.77
NKS0078DD	11079.72	19955.86	DD	199	-55	212.9	4	67	71.3	4.3	5.63
NKS0078DD	11079.72	19955.86	DD	199	-55	212.9	7	74	81	7	1.26
NKS0078DD	11079.72	19955.86	DD	199	-55	212.9	3	86.9	90	3.1	3.97
NKS0078DD	11079.72	19955.86	DD	199	-55	212.9	2	94	96	2	3.57

PERSEUSMINING.COM

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

==> picture [110 x 35] intentionally omitted <==

Hole ID	East (mE)	North (mN)	Drill Type	Azimuth (°)	Dip (°)	Depth (m)	No of samples	From (m)	To (m)	Width (m)	Grade (g/t)
NKS0078DD	11079.72	19955.86	DD	199	-55	212.9	1	98	99	1	0.93
NKS0078DD	11079.72	19955.86	DD	199	-55	212.9	5	103.4	108	4.6	1.71
NKS0078DD	11079.72	19955.86	DD	199	-55	212.9	8	109.5	117	7.5	1.29
NKS0078DD	11079.72	19955.86	DD	199	-55	212.9	13	118	129	11	0.94
NKS0078DD	11079.72	19955.86	DD	199	-55	212.9	28	133.6	160.9	27.3	2.3
NKS0078DD	11079.72	19955.86	DD	199	-55	212.9	1	170	171	1	7.2
NKS0078DD	11079.72	19955.86	DD	199	-55	212.9	1	185.9	187.1	1.2	3.33
NKS0078DD	11079.72	19955.86	DD	199	-55	212.9	1	194	195	1	0.7
NKS0078DD	11079.72	19955.86	DD	199	-55	212.9	1	197.2	198.1	0.9	0.56
NKS0078DD	11079.72	19955.86	DD	199	-55	212.9	6	202	208	6	1.55
NKS0079DD	11035.17	19911.51	DD	119	-55	168.3	1	0	1.2	1.2	0.57
NKS0079DD	11035.17	19911.51	DD	119	-55	168.3	6	11.3	16.6	5.3	0.88
NKS0079DD	11035.17	19911.51	DD	119	-55	168.3	1	24.1	24.39	0.29	1.97
NKS0079DD	11035.17	19911.51	DD	119	-55	168.3	1	27.1	27.6	0.5	0.62
NKS0079DD	11035.17	19911.51	DD	119	-55	168.3	2	36.6	37.91	1.31	0.96
NKS0079DD	11035.17	19911.51	DD	119	-55	168.3	4	50.28	54.9	4.62	1.3
NKS0079DD	11035.17	19911.51	DD	119	-55	168.3	47	58	106	48	0.91
NKS0079DD	11035.17	19911.51	DD	119	-55	168.3	1	109.12	110.1	0.98	0.64
NKS0079DD	11035.17	19911.51	DD	119	-55	168.3	15	113	128.33	15.33	1.45
NKS0079DD	11035.17	19911.51	DD	119	-55	168.3	3	133.1	137	3.9	0.66
NKS0079DD	11035.17	19911.51	DD	119	-55	168.3	8	142.13	151.5	9.37	2.93
NKS0079DD	11035.17	19911.51	DD	119	-55	168.3	1	154	155	1	0.84
NKS0080DD	11052.60	19893.50	DD	119	-55	186.4	1	1.4	2.4	1	4.86
NKS0080DD	11052.60	19893.50	DD	119	-55	186.4	1	7.4	8.4	1	0.65
NKS0080DD	11052.60	19893.50	DD	119	-55	186.4	2	11.4	13.1	1.7	0.53
NKS0080DD	11052.60	19893.50	DD	119	-55	186.4	1	31	32	1	0.65
NKS0080DD	11052.60	19893.50	DD	119	-55	186.4	1	36	37	1	1.36
NKS0080DD	11052.60	19893.50	DD	119	-55	186.4	3	41.5	45	3.5	0.68
NKS0080DD	11052.60	19893.50	DD	119	-55	186.4	9	49.5	59.1	9.6	0.94
NKS0080DD	11052.60	19893.50	DD	119	-55	186.4	6	62.5	68.6	6.1	0.83
NKS0080DD	11052.60	19893.50	DD	119	-55	186.4	6	73.1	79.1	6	0.89
NKS0080DD	11052.60	19893.50	DD	119	-55	186.4	13	94	108	14	1.19
NKS0080DD	11052.60	19893.50	DD	119	-55	186.4	11	115	125.8	10.8	0.61
NKS0080DD	11052.60	19893.50	DD	119	-55	186.4	1	140.1	141.1	1	0.57
NKS0080DD	11052.60	19893.50	DD	119	-55	186.4	2	150.2	151.5	1.3	0.93
NKS0080DD	11052.60	19893.50	DD	119	-55	186.4	1	156	157	1	0.75
NKS0080DD	11052.60	19893.50	DD	119	-55	186.4	1	175.77	176.7	0.93	1
NKS0084RD	11054.32	19797.45	RD	119	-55	153.4	1	118	119.5	1.5	1.01
NKS0085RD	10973.22	19797.97	RD	119	-55	288.2	1	123	124.5	1.5	0.52
NKS0085RD	10973.22	19797.97	RD	119	-55	288.2	1	128	129	1	0.96
NKS0085RD	10973.22	19797.97	RD	119	-55	288.2	1	163	164	1	0.63
NKS0085RD	10973.22	19797.97	RD	119	-55	288.2	1	216	217	1	0.8
NKS0085RD	10973.22	19797.97	RD	119	-55	288.2	1	241.5	242.5	1	0.74
NKS0085RD	10973.22	19797.97	RD	119	-55	288.2	1	246	247	1	0.58
NKS0085RD	10973.22	19797.97	RD	119	-55	288.2	4	254	258	4	0.76
NKS0085RD	10973.22	19797.97	RD	119	-55	288.2	1	267	268	1	0.64

PERSEUSMINING.COM

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

==> picture [110 x 35] intentionally omitted <==

Hole ID	East (mE)	North (mN)	Drill Type	Azimuth (°)	Dip (°)	Depth (m)	No of samples	From (m)	To (m)	Width (m)	Grade (g/t)
NKS0085RD	10973.22	19797.97	RD	119	-55	288.2	1	280.2	280.7	1	1.35
NKS0086RD	11078.04	19938.14	RD	119	-55	216.6	10	109	118	9	1.67
NKS0086RD	11078.04	19938.14	RD	119	-55	216.6	1	126	126.5	0.5	0.64
NKS0086RD	11078.04	19938.14	RD	119	-55	216.6	1	127.7	128.35	0.65	0.67
NKS0086RD	11078.04	19938.14	RD	119	-55	216.6	13	132	143.15	11.15	0.77
NKS0086RD	11078.04	19938.14	RD	119	-55	216.6	9	146.1	155	8.9	0.74
NKS0086RD	11078.04	19938.14	RD	119	-55	216.6	1	170	171	1	0.97
NKS0086RD	11078.04	19938.14	RD	119	-55	216.6	1	176.95	178	1.05	1.11
NKS0086RD	11078.04	19938.14	RD	119	-55	216.6	1	198.5	199	0.5	0.73
NKS0086RD	11078.04	19938.14	RD	119	-55	216.6	1	204.88	205.41	0.53	1.98
NKS0086RD	11078.04	19938.14	RD	119	-55	216.6	6	209.84	214	4.16	1.53
NKS0087RD	11036.71	19894.57	RD	119	-55	216.3	7	124	131	7	0.91
NKS0087RD	11036.71	19894.57	RD	119	-55	216.3	25	135	159.52	24.52	1.37
NKS0087RD	11036.71	19894.57	RD	119	-55	216.3	1	163.4	164.4	1	0.78
NKS0087RD	11036.71	19894.57	RD	119	-55	216.3	1	178.9	179.9	1	0.52
NKS0087RD	11036.71	19894.57	RD	119	-55	216.3	1	189.6	190.67	1.07	0.51
NKS0087RD	11036.71	19894.57	RD	119	-55	216.3	1	198.5	199.46	0.96	1.38
NKS0088RD	11097.11	20000.10	RD	119	-55	127.1	2	77	79	2	1.25
NKS0088RD	11097.11	20000.10	RD	119	-55	127.1	38	86	125.18	37.47	2.21
NKS0090RC	11035.57	20017.78	RC	119	-55	36	1	8	8	2	1.58
NKS0091RD	11013.63	19995.30	RD	119	-55	282.3	1	151	152	1	0.75
NKS0091RD	11013.63	19995.30	RD	119	-55	282.3	1	153	154	1	0.53
NKS0091RD	11013.63	19995.30	RD	119	-55	282.3	1	166.3	167.7	1.4	0.5
NKS0091RD	11013.63	19995.30	RD	119	-55	282.3	1	174	175	1	0.57
NKS0091RD	11013.63	19995.30	RD	119	-55	282.3	1	205.64	207.5	1.86	1.71
NKS0091RD	11013.63	19995.30	RD	119	-55	282.3	2	220.1	222	1.9	1.23
NKS0091RD	11013.63	19995.30	RD	119	-55	282.3	1	227.1	228	0.9	1.11
NKS0091RD	11013.63	19995.30	RD	119	-55	282.3	1	231	232	1	0.9
NKS0091RD	11013.63	19995.30	RD	119	-55	282.3	1	239	240	1	0.75
NKS0092RD	10933.02	20077.71	RD	119	-55	131.6					NSI
NKS0094RC	10956.07	20057.91	RC	119	-55	82	3	6	12	6	0.93
NKS0094RC	10956.07	20057.91	RC	119	-55	82	8	22	38	16	0.79
NKS0094RC	10956.07	20057.91	RC	119	-55	82	1	50	52	2	1.09
NKS0094RC	10956.07	20057.91	RC	119	-55	82	8	64	78	14	2.89
NKS0095RD	10874.54	20075.53	RD	119	-55	213.1	1	61	62	1	2.67
NKS0095RD	10874.54	20075.53	RD	119	-55	213.1	4	66	70	4	3.24
NKS0095RD	10874.54	20075.53	RD	119	-55	213.1	1	132	133	1	0.73
NKS0095RD	10874.54	20075.53	RD	119	-55	213.1	1	150.9	152	1.1	1.38
NKS0095RD	10874.54	20075.53	RD	119	-55	213.1	1	170	171	1	0.68
NKS0095RD	10874.54	20075.53	RD	119	-55	213.1	1	179	180	1	1.9
NKS0095RD	10874.54	20075.53	RD	119	-55	213.1	1	184	185	1	0.65
NKS0096RC	11018.46	20037.94	RC	119	-55	42	8	1	16	15	1.36
NKS0098DD	10937.99	20117.93	DD	119	-55	123.6	2	19.4	22.4	3	4.37
NKS0098DD	10937.99	20117.93	DD	119	-55	123.6	1	26.73	28.4	1.67	0.55
NKS0098DD	10937.99	20117.93	DD	119	-55	123.6	1	35.1	36.2	1.1	0.91
NKS0098DD	10937.99	20117.93	DD	119	-55	123.6	3	43.4	47	3.6	0.73

PERSEUSMINING.COM

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

==> picture [110 x 35] intentionally omitted <==

Hole ID	East (mE)	North (mN)	Drill Type	Azimuth (°)	Dip (°)	Depth (m)	No of samples	From (m)	To (m)	Width (m)	Grade (g/t)
NKS0098DD	10937.99	20117.93	DD	119	-55	123.6	1	52	53	1	0.75
NKS0098DD	10937.99	20117.93	DD	119	-55	123.6	24	61	84	23	1.21
NKS0098DD	10937.99	20117.93	DD	119	-55	123.6	33	87	118	31	1.42
NKS0099RC	10993.97	20116.79	RC	119	-55	56	9	28	46	18	3.23
NKS0100RC	10954.77	20197.87	RC	119	-55	24	5	15	24	9	13.93
NKS0101RC	11074.49	19717.74	RC	119	-55	133	1	14	16	2	0.52
NKS0101RC	11074.49	19717.74	RC	119	-55	133	1	20	22	2	2.38
NKS0102RD	10973.58	19837.31	RD	119	-55	294.2	1	48	50	2	2.28
NKS0102RD	10973.58	19837.31	RD	119	-55	294.2	1	124	126	2	1.17
NKS0102RD	10973.58	19837.31	RD	119	-55	294.2	1	134	135	1	0.57
NKS0102RD	10973.58	19837.31	RD	119	-55	294.2	1	136.1	137	0.9	0.61
NKS0102RD	10973.58	19837.31	RD	119	-55	294.2	1	150	151	1	0.53
NKS0102RD	10973.58	19837.31	RD	119	-55	294.2	1	154.9	156	1.1	0.56
NKS0102RD	10973.58	19837.31	RD	119	-55	294.2	1	191	192	1	2.05
NKS0102RD	10973.58	19837.31	RD	119	-55	294.2	1	209	210	1	0.84
NKS0102RD	10973.58	19837.31	RD	119	-55	294.2	1	253	254.1	1.1	1.55
NKS0102RD	10973.58	19837.31	RD	119	-55	294.2	1	291.35	292.1	0.75	1.02
NKS0103RC	11112.95	19915.23	RC	119	-55	97	14	0	28	28	0.95
NKS0103RC	11112.95	19915.23	RC	119	-55	97	4	32	40	8	0.71
NKS0103RC	11112.95	19915.23	RC	119	-55	97	8	44	60	16	1.66
NKS0103RC	11112.95	19915.23	RC	119	-55	97	6	64	76	12	1.46
NKS0103RC	11112.95	19915.23	RC	119	-55	97	3	80	86	6	0.78
NKS0103RC	11112.95	19915.23	RC	119	-55	97	2	90	93	3	0.81
NKS0104RD	11052.99	19916.20	RD	119	-55	192.2	2	148.3	150	1.7	0.89
NKS0104RD	11052.99	19916.20	RD	119	-55	192.2	2	153	155	2	0.57
NKS0104RD	11052.99	19916.20	RD	119	-55	192.2	1	164	165.1	1.1	0.5
NKS0105RD	11052.07	19755.88	RD	119	-55	183.1	1	123	124	1	3.47
NKS0105RD	11052.07	19755.88	RD	119	-55	183.1	1	126	127	1	0.55
NKS0105RD	11052.07	19755.88	RD	119	-55	183.1	1	140	141	1	0.53
NKS0105RD	11052.07	19755.88	RD	119	-55	183.1	1	143	144	1	1.6
NKS0105RD	11052.07	19755.88	RD	119	-55	183.1	1	150	151	1	0.54
NKS0105RD	11052.07	19755.88	RD	119	-55	183.1	1	155	157	2	0.78
NKS0105RD	11052.07	19755.88	RD	119	-55	183.1	5	160	165.05	5.05	1.48
NKS0105RD	11052.07	19755.88	RD	119	-55	183.1	6	169	176.66	7.66	1.18
NKS0106RD	10974.63	19760.15	RD	119	-55	275.8	1	58	60	2	1.07
NKS0106RD	10974.63	19760.15	RD	119	-55	275.8	1	98	100	2	0.56
NKS0106RD	10974.63	19760.15	RD	119	-55	275.8	1	102	104	2	0.78
NKS0106RD	10974.63	19760.15	RD	119	-55	275.8	11	243.4	256	12.6	0.75
NKS0106RD	10974.63	19760.15	RD	119	-55	275.8	5	260.1	265.2	5.1	0.87
NKS0107RC	10958.68	20076.98	RC	208	-50	130	1	1	2	1	1.52
NKS0107RC	10958.68	20076.98	RC	208	-50	130	3	20	26	6	1.36
NKS0107RC	10958.68	20076.98	RC	208	-50	130	4	30	38	8	1.11
NKS0107RC	10958.68	20076.98	RC	208	-50	130	1	44	46	2	0.67
NKS0107RC	10958.68	20076.98	RC	208	-50	130	2	70	74	4	0.86
NKS0107RC	10958.68	20076.98	RC	208	-50	130	1	90	92	2	0.9
NKS0107RC	10958.68	20076.98	RC	208	-50	130	1	96	98	2	5.92

PERSEUSMINING.COM

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

==> picture [110 x 35] intentionally omitted <==

Hole ID	East (mE)	North (mN)	Drill Type	Azimuth (°)	Dip (°)	Depth (m)	No of samples	From (m)	To (m)	Width (m)	Grade (g/t)
NKS0108RC	11038.88	20034.40	RC	208	-50	80	13	26	52	26	1.1
NKS0108RC	11038.88	20034.40	RC	208	-50	80	2	74	78	4	0.95
NKS0109RC	10998.75	20161.97	RC	28.5	-50	40	3	11	16	5	0.62
NKS0110RC	10958.67	20179.41	RC	28.5	-50	80	6	21	34	13	3.97
NKS0111RC	10838.22	20078.98	RC	208	-50	130					NSI
NKS0112RC	11038.83	20085.41	RC	208	-50	125	1	116	118	2	1.08
NKS0113RC	10918.56	20179.69	RC	28.5	-50	80					NSI
NKS0114RC	11157.48	20036.38	RC	208	-50	80	1	36	38	2	0.98
NKS0114RC	11157.48	20036.38	RC	208	-50	80	8	42	58	16	0.77
NKS0114RC	11157.48	20036.38	RC	208	-50	80	8	64	80	16	1.79
NKS0115RC	11158.99	20078.32	RC	208	-50	75	1	74	75	1	2.64
NKS0116RC	11119.03	20036.06	RC	208	-50	80	1	16	18	2	1.28
NKS0116RC	11119.03	20036.06	RC	208	-50	80	5	22	32	10	0.92
NKS0116RC	11119.03	20036.06	RC	208	-50	80	14	36	62	28	1.02
NKS0116RC	11119.03	20036.06	RC	208	-50	80	4	68	76	8	5.64
NKS0117RC	10898.72	20130.51	RC	28.5	-50	100	11	8	30	22	3.92
NKS0117RC	10898.72	20130.51	RC	28.5	-50	100	1	64	65	1	1.33
NKS0118RC	11078.88	20075.19	RC	208	-50	120	4	66	74	8	1.07
NKS0118RC	11078.88	20075.19	RC	208	-50	120	7	78	92	14	1
NKS0118RC	11078.88	20075.19	RC	208	-50	120	2	112	116	4	1.64
NKS0119RC	11114.80	20075.32	RC	208	-50	120	1	14	16	2	0.81
NKS0119RC	11114.80	20075.32	RC	208	-50	120	12	38	62	24	0.89
NKS0119RC	11114.80	20075.32	RC	208	-50	120	2	66	70	4	1.3
NKS0119RC	11114.80	20075.32	RC	208	-50	120	11	80	102	22	0.74
NKS0120RC	10918.25	20158.78	RC	28	-50	110	4	24	40	16	4.17
NKS0121RD	10892.72	20076.69	RD	119	-55	174.2	1	6	8	2	0.59
NKS0121RD	10892.72	20076.69	RD	119	-55	174.2	1	12	14	2	6.99
NKS0121RD	10892.72	20076.69	RD	119	-55	174.2	7	28	42	14	1.69
NKS0121RD	10892.72	20076.69	RD	119	-55	174.2	24	56	78.7	22.7	1.48
NKS0121RD	10892.72	20076.69	RD	119	-55	174.2	2	87.5	89.2	1.7	6.35
NKS0121RD	10892.72	20076.69	RD	119	-55	174.2	1	93.8	95	1.2	1.65
NKS0121RD	10892.72	20076.69	RD	119	-55	174.2	12	101	110.3	9.3	1.32
NKS0121RD	10892.72	20076.69	RD	119	-55	174.2	1	113	114	1	0.64
NKS0121RD	10892.72	20076.69	RD	119	-55	174.2	1	126	127	1	0.97
NKS0121RD	10892.72	20076.69	RD	119	-55	174.2	8	128.5	136.2	7.7	1.23
NKS0121RD	10892.72	20076.69	RD	119	-55	174.2	7	139	145	6	0.93
NKS0121RD	10892.72	20076.69	RD	119	-55	174.2	29	148	171.2	23.2	1.42
NKS0122RC	10898.77	20157.41	RC	29	-50	60	1	10	12	2	1.26
NKS0122RC	10898.77	20157.41	RC	29	-50	60	4	14	30	16	1.22
NKS0123RC	10956.18	20156.95	RC	119	-55	78	2	9	12	3	6.99
NKS0123RC	10956.18	20156.95	RC	119	-55	78	9	24	42	18	1.96
NKS0123RC	10956.18	20156.95	RC	119	-55	78	6	48	60	12	2.42
NKS0124RD	10854.04	20074.96	RD	119	-55	242.4	1	4	6	2	0.53
NKS0124RD	10854.04	20074.96	RD	119	-55	242.4	3	18	24	6	1.96
NKS0124RD	10854.04	20074.96	RD	119	-55	242.4	2	64	68	4	1.65
NKS0124RD	10854.04	20074.96	RD	119	-55	242.4	2	99	101.1	2.1	5.55

PERSEUSMINING.COM

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

==> picture [110 x 35] intentionally omitted <==

Hole ID	East (mE)	North (mN)	Drill Type	Azimuth (°)	Dip (°)	Depth (m)	No of samples	From (m)	To (m)	Width (m)	Grade (g/t)
NKS0124RD	10854.04	20074.96	RD	119	-55	242.4	1	142	143	1	1.45
NKS0124RD	10854.04	20074.96	RD	119	-55	242.4	1	161	162.5	1.5	0.61
NKS0124RD	10854.04	20074.96	RD	119	-55	242.4	2	170	172	2	1.45
NKS0124RD	10854.04	20074.96	RD	119	-55	242.4	1	235.86	237.3	1.44	0.54
NKS0125RC	10998.96	20097.51	RC	28.5	-50	120	2	8	12	4	4.8
NKS0125RC	10998.96	20097.51	RC	28.5	-50	120	1	18	20	2	0.7
NKS0125RC	10998.96	20097.51	RC	28.5	-50	120	14	40	68	28	2.2
NKS0125RC	10998.96	20097.51	RC	28.5	-50	120	1	74	76	2	1.29
NKS0125RC	10998.96	20097.51	RC	28.5	-50	120	2	84	88	4	0.89
NKS0126RC	11079.09	20031.40	RC	208	-50	60	8	5	20	15	1.04
NKS0126RC	11079.09	20031.40	RC	208	-50	60	5	24	34	10	1.56
NKS0126RC	11079.09	20031.40	RC	208	-50	60	2	40	44	4	0.83
NKS0126RC	11079.09	20031.40	RC	208	-50	60	1	52	54	2	1.32
NKS0127RC	10978.68	20076.27	RC	119	-55	60	1	24	26	2	2.52
NKS0127RC	10978.68	20076.27	RC	119	-55	60	1	32	34	2	0.8
NKS0127RC	10978.68	20076.27	RC	119	-55	60	8	38	53	15	3.88
NKS0128RD	10933.98	19837.56	RD	119	-55	354.1	1	60	62	2	0.83
NKS0128RD	10933.98	19837.56	RD	119	-55	354.1	1	66	68	2	2.43
NKS0128RD	10933.98	19837.56	RD	119	-55	354.1	2	126	128.5	2.5	0.77
NKS0128RD	10933.98	19837.56	RD	119	-55	354.1	1	138	139	1	0.88
NKS0128RD	10933.98	19837.56	RD	119	-55	354.1	1	140.5	142	1.5	0.54
NKS0128RD	10933.98	19837.56	RD	119	-55	354.1	2	151	153	2	1.235
NKS0128RD	10933.98	19837.56	RD	119	-55	354.1	1	155	156	1	0.73
NKS0128RD	10933.98	19837.56	RD	119	-55	354.1	3	163	166	3	0.61
NKS0128RD	10933.98	19837.56	RD	119	-55	354.1	1	167	167.7	0.7	0.52
NKS0128RD	10933.98	19837.56	RD	119	-55	354.1	2	170.5	173	2.5	0.94
NKS0128RD	10933.98	19837.56	RD	119	-55	354.1	2	188.2	189.6	1.4	1.2
NKS0128RD	10933.98	19837.56	RD	119	-55	354.1	1	222	223	1	1.19
NKS0128RD	10933.98	19837.56	RD	119	-55	354.1	1	272	273.1	1.1	0.76
NKS0128RD	10933.98	19837.56	RD	119	-55	354.1	1	277	278	1	0.59
NKS0128RD	10933.98	19837.56	RD	119	-55	354.1	1	288	289	1	3.03
NKS0128RD	10933.98	19837.56	RD	119	-55	354.1	1	302	303	1	0.63
NKS0128RD	10933.98	19837.56	RD	119	-55	354.1	1	322	323	1	0.58
NKS0128RD	10933.98	19837.56	RD	119	-55	354.1	2	327.9	330.1	2.2	1.25
NKS0128RD	10933.98	19837.56	RD	119	-55	354.1	1	334	335	1	1.42
NKS0128RD	10933.98	19837.56	RD	119	-55	354.1	1	336	337	1	0.54
NKS0128RD	10933.98	19837.56	RD	119	-55	354.1	1	338	339	1	0.59
NKS0129RD	10934.68	19759.00	RD	119	-55	300.2	1	4	5	1	1.5
NKS0129RD	10934.68	19759.00	RD	119	-55	300.2	1	62	64	2	0.5
NKS0129RD	10934.68	19759.00	RD	119	-55	300.2	1	82	84	2	1.2
NKS0129RD	10934.68	19759.00	RD	119	-55	300.2	4	112	120	8	0.7
NKS0129RD	10934.68	19759.00	RD	119	-55	300.2	1	133.5	134.6	1.1	1.24
NKS0129RD	10934.68	19759.00	RD	119	-55	300.2	2	145.9	148	2.1	0.55
NKS0129RD	10934.68	19759.00	RD	119	-55	300.2	5	155.6	160.6	5	0.72
NKS0129RD	10934.68	19759.00	RD	119	-55	300.2	1	229	230	1	6.61
NKS0129RD	10934.68	19759.00	RD	119	-55	300.2	10	234.4	243.85	9.45	0.8

PERSEUSMINING.COM

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

==> picture [110 x 35] intentionally omitted <==

Hole ID	East (mE)	North (mN)	Drill Type	Azimuth (°)	Dip (°)	Depth (m)	No of samples	From (m)	To (m)	Width (m)	Grade (g/t)
NKS0129RD	10934.68	19759.00	RD	119	-55	300.2	4	246.95	251.2	4.25	0.67
NKS0129RD	10934.68	19759.00	RD	119	-55	300.2	1	255	256.1	1.1	0.54
NKS0129RD	10934.68	19759.00	RD	119	-55	300.2	1	261.2	262.4	1.2	0.56
NKS0129RD	10934.68	19759.00	RD	119	-55	300.2	4	266.1	270	3.9	0.76
NKS0129RD	10934.68	19759.00	RD	119	-55	300.2	5	273	277.61	4.61	1.01
NKS0129RD	10934.68	19759.00	RD	119	-55	300.2	3	280.45	283.12	2.67	0.91
NKS0129RD	10934.68	19759.00	RD	119	-55	300.2	1	292.2	293.1	0.9	2.69
NKS0129RD	10934.68	19759.00	RD	119	-55	300.2	1	296.1	297.02	0.92	0.55
NKS0130RD	11014.50	19756.77	RD	119	-55	219.2	1	24	26	2	0.53
NKS0130RD	11014.50	19756.77	RD	119	-55	219.2	5	44	54	10	1.14
NKS0130RD	11014.50	19756.77	RD	119	-55	219.2	2	60	64	4	5.92
NKS0130RD	11014.50	19756.77	RD	119	-55	219.2	1	110	112	2	2.17
NKS0130RD	11014.50	19756.77	RD	119	-55	219.2	5	191	195.54	4.54	1.42
NKS0130RD	11014.50	19756.77	RD	119	-55	219.2	1	211.4	212.7	1.3	0.82
NKS0131RD	11055.06	19955.94	RD	119	-55	240.4	2	2	6	4	1.52
NKS0131RD	11055.06	19955.94	RD	119	-55	240.4	20	12	52	40	1.13
NKS0131RD	11055.06	19955.94	RD	119	-55	240.4	1	56	58	2	0.81
NKS0131RD	11055.06	19955.94	RD	119	-55	240.4	26	62	94	32	1.23
NKS0131RD	11055.06	19955.94	RD	119	-55	240.4	5	99	104	5	0.91
NKS0131RD	11055.06	19955.94	RD	119	-55	240.4	4	111	114.55	3.55	0.71
NKS0131RD	11055.06	19955.94	RD	119	-55	240.4	8	116.2	123.9	7.7	1.16
NKS0131RD	11055.06	19955.94	RD	119	-55	240.4	7	126.2	133	6.8	1.33
NKS0131RD	11055.06	19955.94	RD	119	-55	240.4	1	145	146	1	4.45
NKS0131RD	11055.06	19955.94	RD	119	-55	240.4	1	174	174.9	0.9	1.9
NKS0131RD	11055.06	19955.94	RD	119	-55	240.4	1	185	186.05	1.05	0.82
NKS0131RD	11055.06	19955.94	RD	119	-55	240.4	1	192.95	194	1.05	0.75
NKS0131RD	11055.06	19955.94	RD	119	-55	240.4	1	203.45	204.5	1.05	1.04
NKS0131RD	11055.06	19955.94	RD	119	-55	240.4	1	207	208	1	3.19
NKS0131RD	11055.06	19955.94	RD	119	-55	240.4	5	209.7	213.8	4.1	1.3
NKS0132RC	10918.43	20083.23	RC	208	-50	130	4	6	14	8	0.73
NKS0132RC	10918.43	20083.23	RC	208	-50	130	1	40	42	2	0.87
NKS0132RC	10918.43	20083.23	RC	208	-50	130	9	48	66	18	0.9
NKS0133RD	11051.50	19999.56	RD	119	-55	216.5	13	10	36	26	2.1
NKS0133RD	11051.50	19999.56	RD	119	-55	216.5	1	42	44	2	1.03
NKS0133RD	11051.50	19999.56	RD	119	-55	216.5	8	48	64	16	1.27
NKS0133RD	11051.50	19999.56	RD	119	-55	216.5	1	74	77.5	2	0.79
NKS0133RD	11051.50	19999.56	RD	119	-55	216.5	33	80.2	113	32.8	2.01
NKS0133RD	11051.50	19999.56	RD	119	-55	216.5	3	116.5	119	2.5	0.65
NKS0133RD	11051.50	19999.56	RD	119	-55	216.5	1	133	134	1	0.53
NKS0133RD	11051.50	19999.56	RD	119	-55	216.5	1	144	144.5	0.5	9.1
NKS0133RD	11051.50	19999.56	RD	119	-55	216.5	5	149	153.9	4.9	0.7
NKS0133RD	11051.50	19999.56	RD	119	-55	216.5	1	156.7	157.8	1.1	0.5
NKS0133RD	11051.50	19999.56	RD	119	-55	216.5	3	161.9	164.5	2.6	4.32
NKS0133RD	11051.50	19999.56	RD	119	-55	216.5	1	168.05	169.1	1.05	0.68
NKS0133RD	11051.50	19999.56	RD	119	-55	216.5	1	174.1	174.9	0.8	0.69
NKS0133RD	11051.50	19999.56	RD	119	-55	216.5	1	179	180	1	0.64

PERSEUSMINING.COM

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

==> picture [110 x 35] intentionally omitted <==

Hole ID	East (mE)	North (mN)	Drill Type	Azimuth (°)	Dip (°)	Depth (m)	No of samples	From (m)	To (m)	Width (m)	Grade (g/t)
NKS0133RD	11051.50	19999.56	RD	119	-55	216.5	2	184	186	2	1.09
NKS0133RD	11051.50	19999.56	RD	119	-55	216.5	2	196	197.5	1.5	2.25
NKS0133RD	11051.50	19999.56	RD	119	-55	216.5	2	201.91	204.12	2.21	0.71
NKS0134RD	10934.75	19918.73	RD	119	-55	375.1	1	80	82	2	0.69
NKS0134RD	10934.75	19918.73	RD	119	-55	375.1	1	88	90	2	1.84
NKS0134RD	10934.75	19918.73	RD	119	-55	375.1	3	100	106	6	1.58
NKS0134RD	10934.75	19918.73	RD	119	-55	375.1	2	112	116	4	1.45
NKS0134RD	10934.75	19918.73	RD	119	-55	375.1	2	122	126	4	1.29
NKS0134RD	10934.75	19918.73	RD	119	-55	375.1	8	127	135	8	1.12
NKS0134RD	10934.75	19918.73	RD	119	-55	375.1	22	138	159.3	21.3	3.39
NKS0134RD	10934.75	19918.73	RD	119	-55	375.1	2	164.7	167	2.3	0.64
NKS0134RD	10934.75	19918.73	RD	119	-55	375.1	7	172.1	179	6.9	1.09
NKS0134RD	10934.75	19918.73	RD	119	-55	375.1	1	182	183	1	0.57
NKS0134RD	10934.75	19918.73	RD	119	-55	375.1	1	275.63	276.4	0.77	0.66
NKS0134RD	10934.75	19918.73	RD	119	-55	375.1	1	296.1	297	0.9	0.58
NKS0134RD	10934.75	19918.73	RD	119	-55	375.1	1	300.7	301.2	0.5	1.27
NKS0134RD	10934.75	19918.73	RD	119	-55	375.1	1	306	307	1	1.1
NKS0134RD	10934.75	19918.73	RD	119	-55	375.1	1	321	322	1	0.6
NKS0134RD	10934.75	19918.73	RD	119	-55	375.1	1	327.1	328	0.9	1.44
NKS0134RD	10934.75	19918.73	RD	119	-55	375.1	1	335	336	1	1.96
NKS0134RD	10934.75	19918.73	RD	119	-55	375.1	11	338	349.1	11.1	0.9
NKS0134RD	10934.75	19918.73	RD	119	-55	375.1	1	369.1	370.13	1.03	0.5
NKS0135RC	11093.75	19837.59	RC	119	-55	90	39	1	78	77	0.89
NKS0136RD	10842.00	19837.11	RD	119	-55	501.4	1	32	36	4	1.35
NKS0136RD	10842.09	19837.11	RD	199	-55	501.4	3	194.85	197.7	2.85	4.26
NKS0136RD	10842.09	19837.11	RD	199	-55	501.4	1	208	209	1	1.23
NKS0136RD	10842.09	19837.11	RD	199	-55	501.4	1	235	236	1	0.53
NKS0136RD	10842.09	19837.11	RD	119	-55	501.4	1	289.5	290.4	0.9	1.12
NKS0136RD	10842.09	19837.11	RD	119	-55	501.4	1	306	307.1	1.1	2.13
NKS0136RD	10842.09	19837.11	RD	119	-55	501.4	3	306	309.05	3.05	1.26
NKS0136RD	10842.09	19837.11	RD	119	-55	501.4	2	314.2	315.6	1.4	1.94
NKS0136RD	10842.09	19837.11	RD	119	-55	501.4	1	322.4	323	0.6	0.72
NKS0136RD	10842.09	19837.11	RD	199	-55	501.4	1	470	471	1	0.68
NKS0137RD	10914.60	19598.01	RD	119	-55	342.1	1	42	44	2	0.54
NKS0137RD	10914.60	19598.01	RD	119	-55	342.1	3	64	70	6	0.73
NKS0137RD	10914.60	19598.01	RD	119	-55	342.1	2	86	90	4	0.88
NKS0137RD	10914.60	19598.01	RD	119	-55	342.1	1	143	144	1	0.81
NKS0137RD	10914.60	19598.01	RD	119	-55	342.1	1	153	154.2	0.95	2
NKS0137RD	10914.60	19598.01	RD	119	-55	342.1	1	184.9	186	1.1	0.59
NKS0137RD	10914.60	19598.01	RD	119	-55	342.1	1	190.15	191	0.85	1.26
NKS0137RD	10914.60	19598.01	RD	119	-55	342.1	1	203	204	1	1.36
NKS0137RD	10914.60	19598.01	RD	119	-55	342.1	1	215.2	216	0.8	0.52
NKS0137RD	10914.60	19598.01	RD	119	-55	342.1	1	223.05	224	0.95	0.5
NKS0137RD	10914.60	19598.01	RD	119	-55	342.1	2	228.6	231	2.4	1.33
NKS0137RD	10914.60	19598.01	RD	119	-55	342.1	1	234	235	1	0.96
NKS0137RD	10914.60	19598.01	RD	119	-55	342.1	1	251	252	1	1.75

PERSEUSMINING.COM

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

==> picture [110 x 35] intentionally omitted <==

Hole ID	East (mE)	North (mN)	Drill Type	Azimuth (°)	Dip (°)	Depth (m)	No of samples	From (m)	To (m)	Width (m)	Grade (g/t)
NKS0137RD	10914.60	19598.01	RD	119	-55	342.1	2	269	271.4	2.4	1.07
NKS0137RD	10914.60	19598.01	RD	119	-55	342.1	1	290.5	291.6	1.1	1.09
NKS0138RD	10893.47	19918.30	RD	119	-55	405.4	1	112	116	4	1.54
NKS0138RD	10893.47	19918.30	RD	119	-55	405.4	10	124.5	135.6	10.66	1.24
NKS0138RD	10893.47	19918.30	RD	119	-55	405.4	1	142	143	1	2.03
NKS0138RD	10893.47	19918.30	RD	119	-55	405.4	1	149	150	1	2.77
NKS0138RD	10893.47	19918.30	RD	119	-55	405.4	2	153	155	2	0.76
NKS0138RD	10893.47	19918.30	RD	119	-55	405.4	2	158	160	2	0.96
NKS0138RD	10893.47	19918.30	RD	119	-55	405.4	1	164	165	1	7.51
NKS0138RD	10893.47	19918.30	RD	119	-55	405.4	1	172	173	1	0.59
NKS0138RD	10893.47	19918.30	RD	119	-55	405.4	1	203.5	205	1.5	2.89
NKS0138RD	10893.47	19918.30	RD	119	-55	405.4	1	228.5	230	1.5	0.56
NKS0138RD	10893.47	19918.30	RD	119	-55	405.4	1	238	239	1	0.87
NKS0138RD	10893.47	19918.30	RD	119	-55	405.4	3	253	256	3	0.7
NKS0138RD	10893.47	19918.30	RD	119	-55	405.4	1	260	261	1	0.83
NKS0138RD	10893.47	19918.30	RD	119	-55	405.4	1	312	313	1	0.65
NKS0138RD	10893.47	19918.30	RD	119	-55	405.4	1	321	322	1	1.32
NKS0138RD	10893.47	19918.30	RD	119	-55	405.4	1	349	350.1	1.1	3.59
NKS0138RD	10893.47	19918.30	RD	119	-55	405.4	1	359.1	360	0.9	0.96
NKS0138RD	10893.47	19918.30	RD	119	-55	405.4	1	362	363.5	1.5	0.63
NKS0138RD	10893.47	19918.30	RD	119	-55	405.4	1	375	376	1	0.67
NKS0138RD	10893.47	19918.30	RD	119	-55	405.4	1	379	380	1	0.72
NKS0138RD	10893.47	19918.30	RD	119	-55	405.4	1	388.5	392.1	3.6	0.66
NKS0138RD	10893.47	19918.30	RD	119	-55	405.4	1	395.9	397.4	1.5	1.25
NKS0139RC	11096.34	19757.16	RC	119	-55	96	1	0	2	2	0.89
NKS0139RC	11096.34	19757.16	RC	119	-55	96	1	6	8	2	0.61
NKS0139RC	11096.34	19757.16	RC	119	-55	96	1	10	12	2	0.5
NKS0139RC	11096.34	19757.16	RC	119	-55	96	5	18	28	10	1.5
NKS0139RC	11096.34	19757.16	RC	119	-55	96	9	34	52	18	1.72
NKS0140RC	11053.36	19834.25	RC	119	-55	134	7	0	14	14	1.47
NKS0140RC	11053.36	19834.25	RC	119	-55	134	17	18	52	34	0.84
NKS0140RC	11053.36	19834.25	RC	119	-55	134	7	58	72	14	2.09
NKS0140RC	11053.36	19834.25	RC	119	-55	134	10	76	96	20	1.25
NKS0140RC	11053.36	19834.25	RC	119	-55	134	1	112	114	2	1.04
NKS0140RD	11058.26	19835.26	RD	119	-55	158.7	1	132	133	1	4.06
NKS0140RD	11058.26	19835.26	RD	119	-55	158.7	1	137	138	1	0.52
NKS0141RC	11093.53	19915.84	RC	119	-55	132	4	0	8	8	1.12
NKS0141RC	11093.53	19915.84	RC	119	-55	132	3	14	20	6	1.41
NKS0141RC	11093.53	19915.84	RC	119	-55	132	10	24	44	20	1.57
NKS0141RC	11093.53	19915.84	RC	119	-55	132	38	50	122	72	1.12
NKS0142RC	11133.39	19916.70	RC	119	-55	54	1	16	18	2	0.58
NKS0142RC	11133.39	19916.70	RC	119	-55	54	1	20	22	2	0.5
NKS0142RC	11133.39	19916.70	RC	119	-55	54	5	36	46	10	3.65
NKS0143RC	10895.53	19838.45	RC	119	-55	414.4	1	96	98	2	0.6
NKS0143RC	10895.53	19838.45	RC	119	-55	414.4	1	108	110	2	0.98
NKS0143RD	10895.53	19838.45	RD	119	-55	414.4	2	125	128	3	1.37

PERSEUSMINING.COM

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

==> picture [110 x 35] intentionally omitted <==

Hole ID	East (mE)	North (mN)	Drill Type	Azimuth (°)	Dip (°)	Depth (m)	No of samples	From (m)	To (m)	Width (m)	Grade (g/t)
NKS0143RD	10895.53	19838.45	RD	119	-55	414.4	1	130.25	131.25	1	2.15
NKS0143RD	10895.53	19838.45	RD	119	-55	414.4	1	181.5	183	1.5	0.6
NKS0143RD	10895.53	19838.45	RD	119	-55	414.4	2	190	192	2	5.69
NKS0143RD	10895.53	19838.45	RD	119	-55	414.4	1	206	207	1	0.64
NKS0143RD	10895.53	19838.45	RD	119	-55	414.4	1	247	248.5	1.5	14.65
NKS0143RD	10895.53	19838.45	RD	119	-55	414.4	4	275.9	280	4.1	2
NKS0143RD	10895.53	19838.45	RD	119	-55	414.4	2	285	287	2	0.84
NKS0143RD	10895.53	19838.45	RD	119	-55	414.4	1	294	295.5	1.5	0.56
NKS0143RD	10895.53	19838.45	RD	119	-55	414.4	3	298	301.5	3.5	0.64
NKS0143RD	10895.53	19838.45	RD	119	-55	414.4	1	309	310	1	1.22
NKS0143RD	10895.53	19838.45	RD	119	-55	414.4	1	312.9	314.3	1.4	0.58
NKS0143RD	10895.53	19838.45	RD	119	-55	414.4	1	315.5	316.5	1	0.54
NKS0143RD	10895.53	19838.45	RD	119	-55	414.4	1	324.8	325.9	1.1	2.58
NKS0143RD	10895.53	19838.45	RD	119	-55	414.4	1	342	343.1	1.1	0.79
NKS0143RD	10895.53	19838.45	RD	119	-55	414.4	1	368	371	3	1.57
NKS0144RC	11092.08	19955.79	RC	119	-55	178	4	1	8	7	0.71
NKS0144RC	11092.08	19955.79	RC	119	-55	178	14	22	50	28	0.92
NKS0144RC	11092.08	19955.79	RC	119	-55	178	23	56	102	46	1.05
NKS0144RC	11092.08	19955.79	RC	119	-55	178	17	104	138	34	0.94
NKS0144RC	11092.08	19955.79	RC	119	-55	178	1	142	144	2	0.55
NKS0144RC	11092.08	19955.79	RC	119	-55	178	1	150	178	28	1.02
NKS0145RD	10975.28	20117.71	RD	119	-55	130	1	10	12	2	0.67
NKS0145RD	10975.28	20117.71	RD	119	-55	130	3	16	22	6	0.77
NKS0145RD	10975.28	20117.71	RD	119	-55	130	1	28	30	2	2.4
NKS0145RD	10975.28	20117.71	RD	119	-55	130	8	34	50	16	1.59
NKS0145RD	10975.28	20117.71	RD	119	-55	130	1	54	56	2	1.62
NKS0146RD	10806.21	20117.48	RD	119	-55	165.2					NSI
NKS0147RD	10999.36	20000.19	RD	119	-55	150	11	2	24	22	1.4
NKS0147RD	10999.36	20000.19	RD	119	-55	150	1	32	34	2	1.38
NKS0147RD	10999.36	20000.19	RD	119	-55	150	3	38	44	6	0.81
NKS0147RD	10999.36	20000.19	RD	119	-55	150	1	56	58	2	0.73
NKS0147RD	10999.36	20000.19	RD	119	-55	150	6	83.6	88	4.4	0.98
NKS0147RD	10999.36	20000.19	RD	119	-55	150	1	90.9	91.4	0.5	17.76
NKS0147RD	10999.36	20000.19	RD	119	-55	150	1	99	99.7	0.7	2.21
NKS0147RD	10999.36	20000.19	RD	119	-55	150	2	139.5	140.75	1.25	0.82
NKS0147RD	10999.36	20000.19	RD	119	-55	150	1	141.35	142	0.65	0.53
NKS0147RD	10999.36	20000.19	RD	119	-55	150	3	143.56	145.5	1.94	8.62
NKS0149RC	10947.00	20056.20	RC	254	-45	50	4	10	18	8	0.81
NKS0149RC	10947.00	20056.20	RC	254	-45	50	5	28	38	10	4.31
NKS0150RC	10910.65	20078.48	RC	119	-55	90	1	18	20	2	0.55
NKS0150RC	10910.65	20078.48	RC	119	-55	90	6	48	60	12	0.95
NKS0150RC	10910.65	20078.48	RC	119	-55	90	9	64	82	18	1.58
NKS0151RD	10804.49	20159.27	RD	119	-55	165.2	17	115	133.5	18.5	0.93
NKS0151RD	10804.49	20159.27	RD	119	-55	165.2	5	145.5	150	4.5	0.67
NKS0152RD	10787.11	20118.58	RD	119	-55	165.5	1	131.5	132.5	1	0.63
NKS0152RD	10787.11	20118.58	RD	119	-55	165.5	3	133.5	137.5	4	3.07

PERSEUSMINING.COM

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

==> picture [110 x 35] intentionally omitted <==

Hole ID	East (mE)	North (mN)	Drill Type	Azimuth (°)	Dip (°)	Depth (m)	No of samples	From (m)	To (m)	Width (m)	Grade (g/t)
NKS0153RC	10912.58	20197.44	RC	119	-55	80	3	33	40	7	6.05
NKS0153RC	10912.58	20197.44	RC	119	-55	80	5	44	58	14	7.72
NKS0154RC*	11022.34	20000.03	RC	229	-55	100	5	10	20	10	1.09
NKS0154RC	11022.34	20000.03	RC	229	-55	100	1	32	34	2	0.66
NKS0154RC	11022.34	20000.03	RC	229	-55	100	1	44	46	2	0.6
NKS0154RC	11022.34	20000.03	RC	229	-55	100	3	52	58	6	0.85
NKS0155RC	11109.66	19678.99	RC	119	-55	63	1	14	16	2	1.78
NKS0155RC	11109.66	19678.99	RC	119	-55	63	2	24	28	4	0.67
NKS0155RC	11109.66	19678.99	RC	119	-55	63	1	44	46	2	1.34
NKS0156RC	11156.94	19680.13	RC	119	-55	55	1	2	4	2	2
NKS0157RD	10873.10	19877.83	RD	119	-55	429.4	1	114	116	2	0.59
NKS0157RD	10873.10	19877.83	RD	119	-55	429.4	1	172	173	1	3.73
NKS0157RD	10873.10	19877.83	RD	119	-55	429.4	1	178.3	179	0.7	0.77
NKS0157RD	10873.10	19877.83	RD	119	-55	429.4	1	200.2	201.2	1	1.02
NKS0157RD	10873.10	19877.83	RD	119	-55	429.4	1	208.75	210	1.25	0.96
NKS0157RD	10873.10	19877.83	RD	119	-55	429.4	1	212	213	1	0.68
NKS0157RD	10873.10	19877.83	RD	119	-55	429.4	1	277	278	1	0.96
NKS0157RD	10873.10	19877.83	RD	119	-55	429.4	3	303	306	3	0.62
NKS0157RD	10873.10	19877.83	RD	119	-55	429.4	1	312	312.9	0.9	0.51
NKS0157RD	10873.10	19877.83	RD	119	-55	429.4	1	327.4	328.4	1	0.66
NKS0157RD	10873.10	19877.83	RD	119	-55	429.4	1	334	335	1	0.5
NKS0157RD	10873.10	19877.83	RD	119	-55	429.4	1	348.2	349	0.8	2.99
NKS0157RD	10873.10	19877.83	RD	119	-55	429.4	2	366	368	2	4.19
NKS0157RD	10873.10	19877.83	RD	119	-55	429.4	1	371.7	373.2	1.5	0.52
NKS0157RD	10873.10	19877.83	RD	119	-55	429.4	1	374.1	375.3	1.2	0.59
NKS0157RD	10873.10	19877.83	RD	119	-55	429.4	1	377.2	378.2	1	0.67
NKS0157RD	10873.10	19877.83	RD	119	-55	429.4	1	399	400	1	1.28
NKS0158RC	11132.45	19679.92	RC	119	-55	60	1	2	4	2	0.78
NKS0158RC	11132.45	19679.92	RC	119	-55	60	2	12	16	4	0.93
NKS0158RC	11132.45	19679.92	RC	119	-55	60	1	22	24	2	0.58
NKS0158RC	11132.45	19679.92	RC	119	-55	60	2	28	32	4	0.77
NKS0158RC	11132.45	19679.92	RC	119	-55	60	6	36	48	12	0.83
NKS0159RD	10820.51	20158.62	RD	119	-55	170.2	1	97.7	99.2	1.5	0.72
NKS0159RD	10820.51	20158.62	RD	119	-55	170.2	27	106.5	141.2	34.7	1.35
NKS0159RD	10820.51	20158.62	RD	119	-55	170.2	10	145.7	157	11.3	1.44
NKS0160RC	11092.03	19678.33	RC	119	-55	65					NSI
NKS0161RC	11054.18	19717.55	RC	119	-55	90	1	66	68	2	0.85
NKS0161RC	11054.18	19717.55	RC	119	-55	90	9	72	90	18	0.94
NKS0162RC	11088.92	19718.49	RC	119	-55	100					NSI
NKS0163RD	10933.59	19798.93	RD	119	-55	140	1	66	68	2	0.89
NKS0163RD	10933.59	19798.93	RD	119	-55	140	1	74	75	1	0.61
NKS0163RD	10933.59	19798.93	RD	119	-55	140	1	80	81	1	2.6
NKS0163RD	10933.59	19798.93	RD	119	-55	140	1	110.5	112	1.5	2.84
NKS0163RD	10933.59	19798.93	RD	119	-55	140	1	117	118	1	0.64
NKS0163RD	10933.59	19798.93	RD	119	-55	140	1	121	122	1	0.96
NKS0163RD	10933.59	19798.93	RD	119	-55	140	1	133	134	1	1.26

PERSEUSMINING.COM

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

==> picture [110 x 35] intentionally omitted <==

Hole ID	East (mE)	North (mN)	Drill Type	Azimuth (°)	Dip (°)	Depth (m)	No of samples	From (m)	To (m)	Width (m)	Grade (g/t)
NKS0163RD	10933.59	19798.93	RD	119	-55	140	3	137	140	3	1.41
NKS0164RC	11095.14	19797.81	RC	119	-55	50	5	0	10	10	0.62
NKS0164RC	11095.14	19797.81	RC	119	-55	50	2	16	22	6	6.71
NKS0164RC	11095.14	19797.81	RC	119	-55	50	11	28	50	22	1.48
NKS0165RD	10891.87	20118.22	RD	119	-55	180.1	1	4	6	2	2.87
NKS0165RD	10891.87	20118.22	RD	119	-55	180.1	1	20	22	2	2.14
NKS0165RD	10891.87	20118.22	RD	119	-55	180.1	4	26	34	8	1.03
NKS0165RD	11041.35	20000.47	RD	304	-60	160.2	1	55	56	1	1
NKS0165RD	11041.35	20000.47	RD	304	-60	160.2	1	74	75	1	3.42
NKS0165RD	11041.35	20000.47	RD	304	-60	160.2	1	83.5	84.1	0.6	1.63
NKS0165RD	11041.35	20000.47	RD	304	-60	160.2	2	88	90.5	2.5	1.38
NKS0165RD	11041.35	20000.47	RD	304	-60	160.2	1	105	106	1	1.03
NKS0165RD	11041.35	20000.47	RD	304	-60	160.2	32	114.5	147	32.5	1.29
NKS0166RD	10994.85	19997.73	RD	119	-70	160.9	10	1	20	19	1.17
NKS0166RD	10994.85	19997.73	RD	119	-70	160.9	1	30	32	2	1.65
NKS0166RD	10994.85	19997.73	RD	119	-70	160.9	1	36	38	2	0.51
NKS0166RD	10994.85	19997.73	RD	119	-70	160.9	3	82	85	3	0.9
NKS0166RD	10994.85	19997.73	RD	119	-70	160.9	1	96.95	97.9	0.95	1.13
NKS0166RD	10994.85	19997.73	RD	119	-70	160.9	1	126.5	127.5	1	1.74
NKS0166RD	10994.85	19997.73	RD	119	-70	160.9	2	130.5	132.5	2	8.66
NKS0166RD	10994.85	19997.73	RD	119	-70	160.9	1	134.5	135.5	1	1.34
NKS0166RD	10994.85	19997.73	RD	119	-70	160.9	1	151.6	152.5	0.9	0.8
NKS0167RC	10959.14	20197.46	RC	119	-55	54	2	8	16	8	1.54
NKS0167RC	10959.14	20197.46	RC	119	-55	54	1	18	22	4	1.24
NKS0169RC	10912.40	20197.46	RC	119	-55	50	1	20	24	4	1.47
NKS0169RC	10912.40	20197.46	RC	119	-55	50	1	37	39	2	0.87
NKS0170RC	10936.28	20157.35	RC	119	-55	95	22	7	50	43	2.55
NKS0170RC	10936.28	20157.35	RC	119	-55	95	20	56	95	39	2.97
NKS0171DD	11013.20	19797.35	DD	119	-55	216.4	1	44	45	1	0.95
NKS0171DD	11013.20	19797.35	DD	119	-55	216.4	1	47	47.8	0.8	0.5
NKS0171DD	11013.20	19797.35	DD	119	-55	216.4	1	53	54	1	0.53
NKS0171DD	11013.20	19797.35	DD	119	-55	216.4	1	55	56	1	0.54
NKS0171DD	11013.20	19797.35	DD	119	-55	216.4	2	76	78.05	2.05	4.13
NKS0171DD	11013.20	19797.35	DD	119	-55	216.4	1	81	82	1	0.68
NKS0171DD	11013.20	19797.35	DD	119	-55	216.4	3	85	88	3	4.13
NKS0171DD	11013.20	19797.35	DD	119	-55	216.4	1	97	98	1	0.51
NKS0171DD	11013.20	19797.35	DD	119	-55	216.4	1	99.1	100	0.9	0.71
NKS0171DD	11013.20	19797.35	DD	119	-55	216.4	1	103	104	1	1.42
NKS0171DD	11013.20	19797.35	DD	119	-55	216.4	7	109	116	7	0.54
NKS0171DD	11013.20	19797.35	DD	119	-55	216.4	5	118.1	123	4.9	1.02
NKS0171DD	11013.20	19797.35	DD	119	-55	216.4	5	126.3	130.9	4.6	1.07
NKS0171DD	11013.20	19797.35	DD	119	-55	216.4	1	140	141.15	1.15	1.67
NKS0171DD	11013.20	19797.35	DD	119	-55	216.4	1	145.3	146.2	0.9	0.5
NKS0171DD	11013.20	19797.35	DD	119	-55	216.4	1	168	169	1	0.98
NKS0171DD	11013.20	19797.35	DD	119	-55	216.4	1	201.9	202.9	1	0.54
NKS0171DD	11013.20	19797.35	DD	119	-55	216.4	2	207.2	208.7	1.5	0.97

PERSEUSMINING.COM

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

==> picture [110 x 35] intentionally omitted <==

Hole ID	East (mE)	North (mN)	Drill Type	Azimuth (°)	Dip (°)	Depth (m)	No of samples	From (m)	To (m)	Width (m)	Grade (g/t)
NKS0171DD	11013.20	19797.35	DD	119	-55	216.4	2	210.6	212.77	2.17	0.64
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	1	45.1	45.6	0.5	6.76
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	4	61.5	65.1	3.6	1.15
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	3	70.8	73.7	2.9	1.54
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	1	76.5	77.5	1	0.66
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	1	89.8	90.8	1	0.74
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	1	91.8	92.8	1	1.13
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	2	94.8	97	2.2	0.93
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	1	98	99	1	5.31
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	2	102	103.6	1.6	0.67
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	4	106.6	110.2	3.6	0.76
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	2	114.2	116.5	2.3	1.11
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	1	119	120.5	1.5	0.58
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	2	127	129	2	1.99
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	3	131.9	134.5	2.6	0.5
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	1	136.5	137	0.5	4.57
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	4	158.35	162.4	4.05	0.75
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	1	165	165.9	0.9	1.86
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	2	178	180	2	1
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	1	204.5	205.5	1	1.29
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	4	221	225	4	1.04
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	2	227	229	2	2.68
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	4	233.5	237.5	4	0.57
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	1	240.95	241.5	0.55	0.79
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	1	259	259.8	0.8	0.62
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	2	283	285	2	1.05
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	1	289.5	290.5	1	0.91
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	1	294.5	295.5	1	3.33
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	1	299.5	300.5	1	0.57
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	1	301.35	301.9	0.55	1.05
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	1	307.7	308.7	1	0.61
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	1	310.65	311.65	1	4.51
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	1	315.5	316.5	1	0.56
NKS0172DD	10931.00	19877.66	DD	119	-55	336.4	1	318.5	319.5	1	1.19
NKS0173RD	11036.04	19916.74	RD	119	-70	140.4	1	0	2	2	2.83
NKS0173RD	11036.04	19916.74	RD	119	-70	140.4	1	18	20	2	0.7
NKS0173RD	11036.04	19916.74	RD	119	-70	140.4	8	34	50	16	0.93
NKS0173RD	11036.04	19916.74	RD	119	-70	140.4	15	54	77	23	1.12
NKS0173RD	11036.04	19916.74	RD	119	-70	140.4	30	79.2	108.2	29	2.62
NKS0173RD	11036.04	19916.74	RD	119	-70	140.4	13	112.2	124.9	12.7	0.69
NKS0173RD	11036.04	19916.74	RD	119	-70	140.4	11	128	139.2	11.2	1.29
NKS0174RC	10933.49	20247.73	RC	119	-55	55	16	12	44	32	2.95
NKS0175RD	10858.77	20117.67	RD	119	-55	249.7	1	0	1	1	0.58
NKS0175RD	10858.77	20117.67	RD	119	-55	249.7	1	74.3	75.4	1.1	0.62
NKS0175RD	10858.77	20117.67	RD	119	-55	249.7	10	95.8	106	10.2	1.46
NKS0175RD	10858.77	20117.67	RD	119	-55	249.7	2	117.4	119.2	1.8	0.67

PERSEUSMINING.COM

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

==> picture [110 x 35] intentionally omitted <==

Hole ID	East (mE)	North (mN)	Drill Type	Azimuth (°)	Dip (°)	Depth (m)	No of samples	From (m)	To (m)	Width (m)	Grade (g/t)
NKS0175RD	10858.77	20117.67	RD	119	-55	249.7	5	131	136	5	24.74
NKS0175RD	10858.77	20117.67	RD	119	-55	249.7	1	163.5	165	1.5	1.42
NKS0175RD	10858.77	20117.67	RD	119	-55	249.7	2	175.4	176.8	1.4	0.64
NKS0175RD	10858.77	20117.67	RD	119	-55	249.7	2	194.3	196	1.7	1.03
NKS0175RD	10858.77	20117.67	RD	119	-55	249.7	1	198.7	199.7	1	0.82
NKS0175RD	10858.77	20117.67	RD	119	-55	249.7	1	202	203	1	0.65
NKS0175RD	10858.77	20117.67	RD	119	-55	249.7	6	236.4	241.8	5.4	1.75
NKS0176RC	11018.78	19716.22	RC	119	-55	85					NSI
NKS0177RD	11033.48	19916.60	RD	119	-80	135.4	1	14	16	2	0.72
NKS0177RD	11033.48	19916.60	RD	119	-80	135.4	6	30	42	12	1.46
NKS0177RD	11033.48	19916.60	RD	119	-80	135.4	1	46	48	2	1.16
NKS0177RD	11033.48	19916.60	RD	119	-80	135.4	1	56	58	2	0.94
NKS0177RD	11033.48	19916.60	RD	119	-80	135.4	16	65	82	16	0.89
NKS0177RD	11033.48	19916.60	RD	119	-80	135.4	20	85	105	20	1.2
NKS0177RD	11033.48	19916.60	RD	119	-80	135.4	7	107	114	7	2.03
NKS0177RD	11033.48	19916.60	RD	119	-80	135.4	5.25	116.75	122	5	0.87
NKS0177RD	11033.48	19916.60	RD	119	-80	135.4	1	131	132	1	3.89
NKS0177RD	11033.48	19916.60	RD	119	-80	135.4	1	131	132	1	3.89
NKS0178RD	11095.55	19918.97	RD	119	-55	135	7	2	16	14	9.14
NKS0178RD	11095.55	19918.97	RD	119	-55	135	15	20	50	30	1.14
NKS0178RD	11095.55	19918.97	RD	119	-55	135	1	52	54	2	0.72
NKS0178RD	11095.55	19918.97	RD	119	-55	135	1	60	62	2	1.07
NKS0178RD	11095.55	19918.97	RD	119	-55	135	2	66	70	4	0.68
NKS0178RD	11095.55	19918.97	RD	119	-55	135	46	66	114	48	1.06
NKS0178RD	11095.55	19918.97	RD	119	-55	135	5	116	121	5	0.57
NKS0179RD	11056.98	19876.60	RD	119	-55	155.1	2	4	8	4	0.65
NKS0179RD	11056.98	19876.60	RD	119	-55	155.1	1	36	38	2	0.59
NKS0179RD	11056.98	19876.60	RD	119	-55	155.1	1	44	46	2	0.51
NKS0179RD	11056.98	19876.60	RD	119	-55	155.1	1	50	52	2	3.34
NKS0179RD	11056.98	19876.60	RD	119	-55	155.1	8	55	63	8	1.86
NKS0179RD	11056.98	19876.60	RD	119	-55	155.1	1	65.1	66	0.9	1.42
NKS0179RD	11056.98	19876.60	RD	119	-55	155.1	5	77	82.3	5.3	0.54
NKS0179RD	11056.98	19876.60	RD	119	-55	155.1	6	86	92	6	1.21
NKS0179RD	11056.98	19876.60	RD	119	-55	155.1	5	98	103.2	5.2	0.85
NKS0179RD	11056.98	19876.60	RD	119	-55	155.1	1	107	108	1	0.76
NKS0179RD	11056.98	19876.60	RD	119	-55	155.1	1	111	112	1	0.6
NKS0179RD	11056.98	19876.60	RD	119	-55	155.1	10	117	127	10	1.03
NKS0179RD	11056.98	19876.60	RD	119	-55	155.1	1	133	134	1	1.8
NKS0179RD	11056.98	19876.60	RD	119	-55	155.1	3	137	139.9	2.9	2.55
NKS0179RD	11056.98	19876.60	RD	119	-55	155.1	1	145.3	146	0.7	0.67
NKS0180RD	10973.72	19878.21	RD	119	-55	288	3	32	38	6	1.3
NKS0180RD	10973.72	19878.21	RD	119	-55	288	1	50	52	2	0.82
NKS0180RD	10973.72	19878.21	RD	119	-55	288	3	56	62	6	0.58
NKS0180RD	10973.72	19878.21	RD	119	-55	288	6	66	78	12	0.77
NKS0180RD	10973.72	19878.21	RD	119	-55	288	4	82	90	8	1.53
NKS0180RD	10973.72	19878.21	RD	119	-55	291	2	91	93	2	2.28

PERSEUSMINING.COM

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

==> picture [110 x 35] intentionally omitted <==

Hole ID	East (mE)	North (mN)	Drill Type	Azimuth (°)	Dip (°)	Depth (m)	No of samples	From (m)	To (m)	Width (m)	Grade (g/t)
NKS0180RD	10973.72	19878.21	RD	119	-55	291	6	100.2	106.9	6.7	1.3
NKS0180RD	10973.72	19878.21	RD	119	-55	291	1	127.5	129	1.5	0.53
NKS0180RD	10973.72	19878.21	RD	119	-55	291	3	147.7	150.8	3.1	1.4
NKS0180RD	10973.72	19878.21	RD	119	-55	291	14	163.5	177	29.3	0.83
NKS0180RD	10973.72	19878.21	RD	119	-55	291	1	179	180	1	3.07
NKS0180RD	10973.72	19878.21	RD	119	-55	291	1	215.1	215.6	0.5	1.23
NKS0180RD	10973.72	19878.21	RD	119	-55	291	1	218	219	1	5.61
NKS0180RD	10973.72	19878.21	RD	119	-55	291	4	233	237	4	0.51
NKS0180RD	10973.72	19878.21	RD	119	-55	291	1	240	241	1	4.23
NKS0180RD	10973.72	19878.21	RD	119	-55	291	19	256	274	18	0.65
NKS0181RD	10856.24	20119.31	RD	119	-55	170	3	56	61	5	1.84
NKS0181RD	10856.24	20119.31	RD	119	-55	170	1	71	72	1	0.59
NKS0181RD	10856.24	20119.31	RD	119	-55	170	1	74	74.9	0.9	2.83
NKS0181RD	10856.24	20119.31	RD	119	-55	170	1	79.1	80	0.9	2.25
NKS0181RD	10856.24	20119.31	RD	119	-55	170	1	87	88	1	1.4
NKS0181RD	10856.24	20119.31	RD	119	-55	170	13	93.6	106	12.4	0.96
NKS0181RD	10856.24	20119.31	RD	119	-55	170	3	116.3	118.6	2.3	1.98
NKS0181RD	10856.24	20119.31	RD	119	-55	170	12	130.1	142	11.9	1.28
NKS0181RD	10856.24	20119.31	RD	119	-55	170	1	162	163.5	1.5	0.74
NKS0182RD	11041.35	20000.47	RD	299	-60	160.2	10	6	26	20	0.8
NKS0182RD	11041.35	20000.47	RD	299	-60	160.2	2	32	36	4	0.9
NKS0182RD	11041.35	20000.47	RD	299	-60	160.2	2	56	60	4	0.63
NKS0182RD	11041.35	20000.47	RD	299	-60	160.2	1	68	70	2	2.61
NKS0182RD	11041.35	20000.47	RD	299	-60	160.2	1	74	76	2	3.09
NKS0182RD	11041.35	20000.47	RD	304	-60	160.2	1	90	91	1	1.01
NKS0182RD	11041.35	20000.47	RD	304	-60	160.2	1	94.85	95.85	1	0.57
NKS0182RD	11041.35	20000.47	RD	304	-60	160.2	2	107	109	2	0.81
NKS0182RD	11041.35	20000.47	RD	304	-60	160.2	1	135.5	137	1.5	0.53
NKS0183RC	11007.98	20116.56	RC	119	-55	30	4	4	12	8	1.24
NKS0183RC	11007.98	20116.56	RC	119	-55	30	4	22	30	8	4.25
NKS0184RC	11115.83	19638.64	RC	119	-55	60	1	22	24	2	0.86
NKS0185RD	11016.07	19837.42	RD	119	-55	170	14	0	28	28	1.17
NKS0185RD	11016.07	19837.42	RD	119	-55	170	1	44	46	2	0.7
NKS0185RD	11016.07	19837.42	RD	119	-55	170	2	50	52	2	0.57
NKS0185RD	11016.07	19837.42	RD	119	-55	170	1	56	58	2	0.91
NKS0185RD	11016.07	19837.42	RD	119	-55	170	8	71.5	79	7.5	0.72
NKS0185RD	11016.07	19837.42	RD	119	-55	170	1	99	100	1	0.71
NKS0185RD	11016.07	19837.42	RD	119	-55	170	1	106.8	107.5	0.7	6.03
NKS0185RD	11016.07	19837.42	RD	119	-55	170	1	113.5	114.5	1	5.93
NKS0185RD	11016.07	19837.42	RD	119	-55	170	2	123	125	2	8.84
NKS0185RD	11016.07	19837.42	RD	119	-55	170	1	128	129	1	1.25
NKS0185RD	11016.07	19837.42	RD	119	-55	170	1	135	136	1	1.58
NKS0185RD	11016.07	19837.42	RD	119	-55	170	1	148	149	1	0.86
NKS0185RD	11016.07	19837.42	RD	119	-55	170	1	152.11	154	1.89	0.69
NKS0185RD	11016.07	19837.42	RD	119	-55	170	1	155.5	156.1	0.6	3.03
NKS0185RD	11016.07	19837.42	RD	119	-55	170	4	161	165	4	1.73

PERSEUSMINING.COM

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

==> picture [110 x 35] intentionally omitted <==

Hole ID	East (mE)	North (mN)	Drill Type	Azimuth (°)	Dip (°)	Depth (m)	No of samples	From (m)	To (m)	Width (m)	Grade (g/t)
NKS0186RD	10895.91	20118.88	RD	119	-55	207.2	2	4	8	4	2.66
NKS0186RD	10895.91	20118.88	RD	119	-55	207.2	2	18	22	4	0.89
NKS0186RD	10895.91	20118.88	RD	119	-55	207.2	4	26	34	8	1.2
NKS0186RD	10895.91	20118.88	RD	119	-55	207.2	2	86	90	4	4.68
NKS0186RD	10895.91	20118.88	RD	119	-55	207.2	2	100	104	4	1.01
NKS0186RD	10895.91	20118.88	RD	119	-55	207.2	4	112.5	117	4.5	0.73
NKS0186RD	10895.91	20118.88	RD	119	-55	207.2	27	119	146	27	1.25
NKS0186RD	10895.91	20118.88	RD	119	-55	207.2	2	150	152	2	4.74
NKS0186RD	10895.91	20118.88	RD	119	-55	207.2	7	158	165	7	3.42
NKS0186RD	10895.91	20118.88	RD	119	-55	207.2	6	169	175	6	1.11
NKS0186RD	10895.91	20118.88	RD	119	-55	207.2	12	177	188.68	11.68	21.07
NKS0186RD	10895.91	20118.88	RD	119	-55	207.2	2	200.26	202	1.74	0.82
NKS0187RC	11100.10	19640.41	RC	119	-55	60	1	16	18	2	0.86
NKS0188RC	11080.99	19641.15	RC	119	-55	60					NSI
NKS0189RD	10907.92	19879.88	RD	119	-55	185.2	5	98.9	103.5	4.6	5.97
NKS0189RD	10907.92	19879.88	RD	119	-55	185.2	1	107	108	1	1.49
NKS0189RD	10907.92	19879.88	RD	119	-55	185.2	1	109	110	1	1.2
NKS0189RD	10907.92	19879.88	RD	119	-55	185.2	1	127	128	1	2.05
NKS0189RD	10907.92	19879.88	RD	119	-55	185.2	1	130.4	131.6	1.2	1.52
NKS0189RD	10907.92	19879.88	RD	119	-55	185.2	1	139.86	141.2	1.34	0.93
NKS0190RD	11053.43	19956.95	RD	119	-75	155	4	2	10	8	1.4
NKS0190RD	11053.43	19956.95	RD	119	-75	155	11	16	38	22	0.81
NKS0190RD	11053.43	19956.95	RD	119	-75	155	2	42	46	4	0.95
NKS0190RD	11053.43	19956.95	RD	119	-75	155	1	54	56	2	1.12
NKS0190RD	11053.43	19956.95	RD	119	-75	155	1	77	78	1	0.59
NKS0190RD	11053.43	19956.95	RD	119	-75	155	11	84.2	94.1	9.9	1.1
NKS0190RD	11053.43	19956.95	RD	119	-75	155	10	96	105	9	0.89
NKS0190RD	11053.43	19956.95	RD	119	-75	155	8	108.1	115.72	7.62	1.01
NKS0190RD	11053.43	19956.95	RD	119	-75	155	2	126.4	128.1	1.7	1.46
NKS0190RD	11053.43	19956.95	RD	119	-75	155	1	133	134	1	2.64
NKS0190RD	11053.43	19956.95	RD	119	-75	155	1	151	152	1	0.81
NKS0191RC	11095.62	19878.84	RC	119	-55	85	1	26	28	2	0.79
NKS0191RC	11095.62	19878.84	RC	119	-55	85	2	36	40	4	1.65
NKS0191RC	11095.62	19878.84	RC	119	-55	85	1	50	52	2	0.63
NKS0191RC	11095.62	19878.84	RC	119	-55	85	9	56	74	18	1.4
NKS0192RC	11116.22	19876.96	RC	119	-55	36	9	2	20	18	1.32
NKS0192RC	11116.22	19876.96	RC	119	-55	36	1	30	34	4	0.8
NKS0193RC	11133.66	19877.86	RC	119	-55	24	1	3	4	1	0.83
NKS0194RD	10915.00	20057.04	RD	119	-55	144.2	1	2	4	2	0.61
NKS0194RD	10915.00	20057.04	RD	119	-55	144.2	1	30	32	2	0.99
NKS0194RD	10915.00	20057.04	RD	119	-55	144.2	3	40	46	6	9.06
NKS0194RD	10915.00	20057.04	RD	119	-55	144.2	3	54	60	6	1.33
NKS0194RD	10915.00	20057.04	RD	119	-55	144.2	1	72	74	2	0.56
NKS0194RD	10915.00	20057.04	RD	119	-55	144.2	7	78	92	14	0.68
NKS0194RD	10915.00	20057.04	RD	119	-55	144.2	7	108	114.45	6.45	2.8
NKS0194RD	10915.00	20057.04	RD	119	-55	144.2	9	117.4	126.5	9.1	1.22

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Hole ID	East (mE)	North (mN)	Drill Type	Azimuth (°)	Dip (°)	Depth (m)	No of samples	From (m)	To (m)	Width (m)	Grade (g/t)
NKS0194RD	10915.00	20057.04	RD	119	-55	144.2	7	133	139.4	6.4	3.29
NKS0195RD	11053.55	19960.06	RD	0	-90	150.8	13	1	26	25	1.54
NKS0195RD	11053.55	19960.06	RD	0	-90	150.8	1	34	36	2	5.76
NKS0195RD	11053.55	19960.06	RD	119	-90	150.8	17	88	105.73	17.73	0.81
NKS0195RD	11053.55	19960.06	RD	119	-90	150.8	1	107	108	1	0.7
NKS0195RD	11053.55	19960.06	RD	119	-90	150.8	1	114	115	0.9	0.87
NKS0195RD	11053.55	19960.06	RD	119	-90	150.8	1	118	119	1	0.89
NKS0195RD	11053.55	19960.06	RD	119	-90	150.8	1	122	123	1	0.64
NKS0195RD	11053.55	19960.06	RD	119	-90	150.8	1	129.2	130	0.8	1.71
NKS0195RD	11053.55	19960.06	RD	119	-90	150.8	1	135	136	1	0.73
NKS0196RD	10823.55	20078.05	RD	119	-55	165.4	1	25	29	4	2.66
NKS0196RD	10823.55	20078.05	RD	119	-55	165.4	1	36	38	2	0.72
NKS0196RD	10823.55	20078.05	RD	119	-55	165.4	1	54	56	2	0.86
NKS0196RD	10823.55	20078.05	RD	119	-55	165.4	8	66	78	12	2.14
NKS0196RD	10823.55	20078.05	RD	119	-55	165.4	1	84	85	1	0.52
NKS0196RD	10823.55	20078.05	RD	119	-55	165.4	1	87	88	1	1.16
NKS0196RD	10823.55	20078.05	RD	119	-55	165.4	1	90	91	1	1.01
NKS0196RD	10823.55	20078.05	RD	119	-55	165.4	3	108	111	3	0.73
NKS0196RD	10823.55	20078.05	RD	119	-55	165.4	1	144	145	1	1.61
NKS0196RD	10823.55	20078.05	RD	119	-55	165.4	1	149	150	1	1.12
NKS0197RD	10781.53	20080.44	RD	119	-55	165	1	141.7	142.2	0.5	0.93
NKS0197RD	10781.53	20080.44	RD	119	-55	165	2	159.5	160.7	1.2	0.66
NKS0198RC	11240.95	19924.91	RC	209	-55	114	1	32	36	4	0.51
NKS0198RC	11240.95	19924.91	RC	209	-55	114	1	110	112	2	0.64
NKS0199RD	10959.32	20044.69	RD	299	-75	155.5	6	1	12	11	0.6
NKS0199RD	10959.32	20044.69	RD	299	-75	155.5	5	16	26	10	1.09
NKS0199RD	10959.32	20044.69	RD	299	-75	155.5	5	36	46	10	0.61
NKS0199RD	10959.32	20044.69	RD	299	-75	155.5	1	60	62	2	0.69
NKS0199RD	10959.32	20044.69	RD	299	-75	155.5	1	72	73	1	0.64
NKS0199RD	10959.32	20044.69	RD	299	-75	155.5	13	90.68	103.2	12.52	0.87
NKS0199RD	10959.32	20044.69	RD	299	-75	155.5	2	107.3	110	2.7	3.89
NKS0199RD	10959.32	20044.69	RD	299	-75	155.5	2	118	120.1	2.1	1.21
NKS0199RD	10959.32	20044.69	RD	299	-75	155.5	1	124.2	125	0.8	2.2
NKS0199RD	10959.32	20044.69	RD	299	-75	155.5	1	142	142.9	0.9	0.62
NKS0200RD	11079.96	19803.16	RD	119	-55	165.6	4	75.95	79.25	3.3	3.32
NKS0200RD	11079.96	19803.16	RD	119	-55	165.6	1	116.8	118	1.2	1.35
NKS0200RD	11079.96	19803.16	RD	119	-55	165.6	1	157.75	158.75	1	1.49
NKS0201RC	10639.24	20057.82	RC	119	-55	60	1	8	10	2	0.61
NKS0201RC	10639.24	20057.82	RC	119	-55	60	1	12	14	2	0.63
NKS0201RC	10639.24	20057.82	RC	119	-55	60	14	30	58	28	0.83
NKS0202RC	11241.95	19967.87	RC	209	-55	90	4	76	86	10	2.62
NKS0203RD	10635.70	19926.55	RD	119	-55	339.1	1	56	58	2	1.01
NKS0203RD	10635.70	19926.55	RD	119	-55	339.1	2	61	64	3	0.84
NKS0203RD	10635.70	19926.55	RD	119	-55	339.1	1	123.5	124.17	0.67	1.86
NKS0203RD	10635.70	19926.55	RD	119	-55	339.1	1	100.5	162	1.5	0.7
NKS0203RD	10635.70	19926.55	RD	119	-55	339.1	1	178.05	179	0.95	3.26

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Hole ID	East (mE)	North (mN)	Drill Type	Azimuth (°)	Dip (°)	Depth (m)	No of samples	From (m)	To (m)	Width (m)	Grade (g/t)
NKS0203RD	10635.70	19926.55	RD	119	-55	339.1	2	206	208	2	0.98
NKS0203RD	10635.70	19926.55	RD	119	-55	339.1	1	210	211.5	1.5	1.16
NKS0203RD	10635.70	19926.55	RD	119	-55	339.1	1	215	216	1	2
NKS0203RD	10635.70	19926.55	RD	119	-55	339.1	1	223	224.1	1.1	0.55
NKS0203RD	10635.70	19926.55	RD	119	-55	339.1	1	229.1	230.1	1	0.64
NKS0203RD	10635.70	19926.55	RD	119	-55	339.1	1	243	244.05	0.5	1.54
NKS0203RD	10635.70	19926.55	RD	119	-55	339.1	1	248.5	249	0.5	0.5
NKS0203RD	10635.70	19926.55	RD	119	-55	339.1	3	325.7	328.15	2.45	1.34
NKS0204RD	11238.24	20002.41	RD	209	-55	132					NSI
NKS0205RC	10796.98	20158.65	RC	119	-55	18					NSI
NKS0206RC	10795.26	20117.99	RC	119	-55	44	13	4	30	26	0.96
NKS0206RC	10795.26	20117.99	RC	119	-55	44	1	36	38	2	0.75
NKS0207RC	10795.26	20117.99	RC	119	-55	44	1	2	4	2	0.66
NKS0207RC	10795.26	20117.99	RC	119	-55	44	1	80	82	2	1.81
NKS0207RC	10795.26	20117.99	RC	119	-55	44	5	116	126	10	0.5
NKS0208RC	10639.77	20113.07	RC	119	-55	88					NSI
NKS0209RD	10758.73	19898.03	RD	119	-55	485.1	1	124	125	1	1.94
NKS0209RD	10758.73	19898.03	RD	119	-55	485.1	2	139.5	140.9	1.4	0.56
NKS0209RD	10758.73	19898.03	RD	119	-55	485.1	4	142	145.5	3.5	0.88
NKS0209RD	10758.73	19898.03	RD	119	-55	485.1	2	169	171	2	1.21
NKS0209RD	10758.73	19898.03	RD	119	-55	485.1	1	179.5	181	1.5	1.36
NKS0209RD	10758.73	19898.03	RD	119	-55	485.1	1	251	252	1	0.52
NKS0209RD	10758.73	19898.03	RD	119	-55	485.1	1	254	255	1	2.27
NKS0209RD	10758.73	19898.03	RD	119	-55	485.1	2	260	262	2	2.05
NKS0209RD	10758.73	19898.03	RD	119	-55	485.1	1	270	271	1	0.63
NKS0209RD	10758.73	19898.03	RD	119	-55	485.1	2	281.1	283	1.9	3.45
NKS0209RD	10758.73	19898.03	RD	119	-55	485.1	6	297	302.6	5.6	1.14
NKS0209RD	10758.73	19898.03	RD	119	-55	485.1	1	315.5	317	1.5	0.51
NKS0209RD	10758.73	19898.03	RD	119	-55	485.1	1	319	320	1	0.99
NKS0209RD	10758.73	19898.03	RD	119	-55	485.1	2	388	390	2	0.72
NKS0210RD	11047.98	19958.40	RD	299	-62	170	3	4	10	6	1.59
NKS0210RD	11047.98	19958.40	RD	299	-62	170	7	14	28	14	0.92
NKS0210RD	11047.98	19958.40	RD	299	-62	170	1	50	52	2	0.57
NKS0210RD	11047.98	19958.40	RD	299	-62	170	1	54	56	2	0.5
NKS0210RD	11047.98	19958.40	RD	299	-62	170	1	80	81	1	0.77
NKS0210RD	11047.98	19958.40	RD	299	-62	170	2	85	87	2	0.86
NKS0210RD	11047.98	19958.40	RD	299	-62	170	3	11.8	115	3.2	0.91
NKS0210RD	11047.98	19958.40	RD	299	-62	170	1	121.1	122.1	1	1.04
NKS0210RD	11047.98	19958.40	RD	299	-62	170	4	132	135.8	3.8	2.44
NKS0210RD	11047.98	19958.40	RD	299	-62	170	2	143	145	2	9.24
NKS0210RD	11047.98	19958.40	RD	299	-62	170	1	156.4	157.3	0.9	1.14
NKS0211RC	11155.56	19917.29	RC	119	-55	24	3	4	10	6	0.76
NKS0212RC	11158.58	19920.94	RC	119	-55	50	1	1	2	1	0.71
NKS0213RC	11155.78	19958.45	RC	119	-55	66	2	10	14	4	3.83
NKS0213RC	11155.78	19958.45	RC	119	-55	66	9	18	36	18	2.03
NKS0213RC	11155.78	19958.45	RC	119	-55	66	10	42	62	20	1.49

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Hole ID	East (mE)	North (mN)	Drill Type	Azimuth (°)	Dip (°)	Depth (m)	No of samples	From (m)	To (m)	Width (m)	Grade (g/t)
NKS0214RC	11159.38	19938.36	RC	119	-55	50	1	16	18	2	0.7
NKS0214RC	11159.38	19938.36	RC	119	-55	50	5	26	36	10	7.49
NKS0215RC	11157.23	19978.47	RC	119	-55	84	3	4	10	6	0.95
NKS0215RC	11157.23	19978.47	RC	119	-55	84	19	16	54	38	2.22
NKS0215RC	11157.23	19978.47	RC	119	-55	84	1	58	60	2	1.24
NKS0215RC	11157.23	19978.47	RC	119	-55	84	4	72	80	8	0.69
NKS0216RC	11159.39	20000.99	RC	119	-55	45	20	2	42	40	1.35
NKS0217RD	11104.08	20000.89	RD	119	-50	118	15	0	30	30	1.62
NKS0217RD	11104.08	20000.89	RD	119	-50	118	9	36	54	18	1.32
NKS0217RD	11104.08	20000.89	RD	119	-50	118	29	64	103.9	39.9	1.09
NKS0217RD	11104.08	20000.89	RD	119	-50	118	2	108	110	2	0.7
NKS0217RD	11104.08	20000.89	RD	119	-50	118	1	112	113	1.4	0.55
NKS0218DD	11105.13	19758.76	DD	119	-55	81.5	1	4.3	5.8	1.5	0.55
NKS0218DD	11105.13	19758.76	DD	119	-55	81.5	11	9	20.3	11.3	0.56
NKS0218DD	11105.13	19758.76	DD	119	-55	81.5	11	9	20.3	11.3	0.56
NKS0218DD	11105.13	19758.76	DD	119	-55	81.5	36	24.3	62.5	37.2	1.06
NKS0218DD	11105.13	19758.76	DD	119	-55	81.5	3	64.9	68	3.1	0.66
NKS0219RC	11135.92	19960.78	RC	119	-58	105	6	16	28	12	0.68
NKS0219RC	11135.92	19960.78	RC	119	-58	105	4	32	40	8	0.9
NKS0219RC	11135.92	19960.78	RC	119	-58	105	1	46	48	2	1.21
NKS0219RC	11135.92	19960.78	RC	119	-58	105	2	52	56	2	0.94
NKS0219RC	11135.92	19960.78	RC	119	-58	105	1	64	66	1	0.99
NKS0219RC	11135.92	19960.78	RC	119	-58	105	1	70	96	1	1.77

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APPENDIX 3: JORC TABLE 1 – NKOSUO PROPERTY

JORC 2012 Table 1 – Section 1 sampling techniques and data

(Criteria in this section apply to all succeeding sections)

Criteria JORC Code Explanation	Commentary
*Sampling* *techniques* Nature and quality of sampling (e.g. cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc.). These examples should not be taken as limiting the broad meaning of sampling. Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. Aspects of the determination of mineralisation that are Material to the Public Report. In cases where ‘industry standard’ work has been done this would be relatively simple (e.g. ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (e.g. submarine nodules) may warrant disclosure of detailed information.	Other than for soil sampling and an airborne EM-magnetics-radiometrics survey conducted in 2020 there has been no previous mineral exploration at Nkosuo. The presence of gold mineralisation was first revealed by artisanal miners in 2019. Perseus commenced drilling in July 2021. Drilling completed 1 January 2022 to 31 March 2022 is tabulated below. Drilling Type No. Holes RC metres DD metres RC 43 3,166.00 0.00 Pre-collared DD 41 3,425.60 5,346.90 DD from surface 6 0.00 1,004.70 Totals 90 6,591.60 6,351.60 RC drilling used face-sampling hammers with 136mm hole diameter. Samples were collected at one metre intervals and logged visually for recovery, sample condition (dry, damp, wet) and contamination. Sample recoveries were measured by weighing bulk recovered samples. Diamond drilling utilised HQ triple-tube (61.1mm Ø) drilling in weathered materials and NQ2 (50.6mm Ø) diameter core in fresh rock. Diamond core recoveries were measured linearly per drill run. Core recoveries average 70% in weathered materials and 100% in fresh rock.
*Drilling* *techniques* Drill type (e.g. core, reverse circulation, open- hole hammer, rotary air blast, auger, Bangka, sonic, etc.) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc.).	RC drilling used face-sampling hammers with 136mm hole diameter. Samples were collected at one metre intervals. Diamond drilling utilised HQ triple-tube (61.1mm Ø) drilling in weathered materials and NQ2 (50.6mm Ø) diameter core in fresh rock. Core in fresh rock was oriented using a “Reflex ACT II” device.
*Drill sample* *recovery* Method of recording and assessing core and chip sample recoveries and results assessed. Measures taken to maximise sample recovery and ensure representative nature of the samples. Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.	RC drill samples were logged visually for recovery, sample condition (dry, damp, wet) and contamination. Sample recoveries were measured by weighing bulk recovered samples. Preliminary evaluation indicates that RC sample recoveries have averaged 19.3kg in weathered material and 29.3kg in fresh rock. 64 samples (3%) have been logged as being wet Diamond core recoveries were measured linearly per drill run. Core recoveries average 70% in weathered materials and 100% in fresh rock. The Competent Person considers that there are presently insufficient data available to permit a meaningful examination of potential relationships between sample recovery and gold grade.
*Logging* Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies. Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc.) photography. The total length and percentage of the relevant intersections logged.	Geological logs are available for the entire lengths of all drill holes. The logging is qualitative in nature. Sieved samples of RC chips from each metre of drilling were logged for colour, rock type, alteration type and intensity, vein quartz content, sulphide mineralisation, weathering and oxidation. The chips are stored in plastic chip trays and the trays photographed. Diamond drill core was logged for geology, structure and geotechnical characteristics. Geological logging included colour, lithology, weathering, oxidation, vein type and vein volume percentage, sulphide species and their estimated percentage, alteration and alteration intensity. Structural logging included fault, fold, cleavage and joint orientation, lithological contacts and vein orientations. Drill core was photographed prior to cutting.

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Criteria	JORC Code Explanation	Commentary
*Sub-*	If core, whether cut or sawn and whether	RC drill samples were collected at drill sites over one metre intervals and
*sampling*	quarter, half or all core taken.	manually split using multi-stage riffle splitters to produce assay sub-samples
*techniques*		averaging around 3kg. All RC holes have been assayed in entirety.
*and sample* *preparation*	If non-core, whether riffled, tube sampled, rotary split, etc. and whether sampled wet or dry.	In weathered materials, diamond core was halved using spatulas or knives. In fresh rock, core was sawn in half using a diamond blade saw, with one half sent for assaying and the other half stored in core trays for reference. Samples were normally taken at 1 metre intervals. All diamond drill core has been
	For all sample types, the nature, quality and	assayed.
	appropriateness of the sample preparation technique.	Preparation of core and RC samples followed a standard path of drying at 105 degrees C for at least 12 hours, crushing the entire sample to 85% passing -
	Quality control procedures adopted for all	2mm and grinding a 1.5kg split to 85% passing 75 microns. 300g pulp
	sub-sampling stages to maximise	subsamples are selected by multiple scoop passes.
	representivity of samples.	Quality control measures adopted to confirm the representivity of samples
	Measures taken to ensure that the sampling	from RC and diamond drilling include:
	is representative of the in-situ material collected, including for instance results for field duplicate/second-half sampling.	• Field re-splits of RC samples at an average frequency of around one duplicate per 20 primary samples respectively.
		• Submission of coarse blanks at an average of around 1 blank per 20
	Whether sample sizes are appropriate to the	primary samples
	grain size of the material being sampled.	• Use of pressurised air between every sample in crushing and pulverising
		equipment and quartz wash/prep blank every 25th sample
		• Screening of approximately 1:20 crushed and pulp samples to check
		grind size
		Sample preparation techniques are considered appropriate to the style of
		mineralisation. Available information indicates that sample sizes are
		appropriate to the grain size of the material being sampled.
*Quality of*	The nature, quality and appropriateness of	All RC and diamond core samples have been assayed by 50g fire assay with
*assay data*	the assaying and laboratory procedures used	AAS determination by Intertek Testing Services Ghana at their Tarkwa assay
*and*	and whether the technique is considered	laboratory. The technique is considered a total extraction technique.
*laboratory* *tests*	partial or total.	Quality control procedures include submission of coarse blanks (1:20) and
	For geophysical tools, spectrometers,	certified reference standards (1:20).
	handheld XRF instruments, etc., the parameters used in determining the analysis including instrument make and model,	The available information indicates that the assaying of RC and core samples is free from any significant biases and is of acceptable accuracy.
	reading times, calibrations factors applied
	and their derivation, etc.
	Nature of quality control procedures adopted
	(e.g. standards, blanks, duplicates, external
	laboratory checks) and whether acceptable
	levels of accuracy (i.e. lack of bias) and
	precision have been established.
*Verification*	The verification of significant intersections by	Numerous significant mineralised intersections have been checked against
*of sampling*	either independent or alternative company	visual alteration and sulphide mineralisation in drill chips and core.
*and* *assaying*	personnel. The use of twinned holes.	No holes have been deliberately twinned. Geology, structure and geotechnical logs are paper based. Sample intervals
	Documentation of primary data, data entry	are recorded in pre-numbered sample ticket books. All logging, sample
	procedures, data verification, data storage	interval and survey data are manually entered to digital form on site and
	(physical and electronic) protocols.	stored in an acQuire relational database. Data exports are normally in the
		form of MS Access files.
	Discuss any adjustment to assay data.
		Data verification procedures include automated checks to:
		• prevent repetition of sample numbers
		• prevent overlap of from-to intervals in logging and sample interval data
		• ensure that total hole depths in collar, assay and geology tables match
		• ensure that drill collar coordinates are within the project’s geographic
		limits

Down-hole survey data are examined for large deviations in dip or azimuth that may represent erroneous data or data entry errors and corrected on a case-by-case basis including estimates of dips and azimuths where the original data appear to be in error.

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Criteria	JORC Code Explanation	Commentary
		Additional data checks include viewing drill hole traces, geological logging and
		assays in plan and section views.
		The Competent Person’s independent checks of database validity included:
		Comparison of assay values between nearby holes, checking for internal
		consistency between, and within database tables, comparisons between assay
		results from different sampling phases. Additional checking included
		comparing database assay entries with laboratory source files. These checks
		showed no significant discrepancies in the database used for resource
		estimation
*Location of*	Accuracy and quality of surveys used to	Drill hole collars have been surveyed by qualified mine surveyors using
*data points*	locate drill holes (collar and down-hole	differential GPS equipment with coordinates recorded in UTM grid, WGS84
	surveys), trenches, mine workings and other	Zone 30N datum.
	locations used in Mineral Resource
	estimation.	All RC and diamond core holes have been surveyed at 12m depth and at
		approximately 30m down-hole increments using digital compass instruments.
	Specification of the grid system used.	A topographic surface has been established by a drone photogrammetric
	Quality and adequacy of topographic	survey conducted in 2020. The topographic surface is expected to be reliable
	control.	to +/- 0.2m.
		Topographic control is adequate for the current work being undertaken at
		Nkosuo.
*Data*	Data spacing for reporting of Exploration	The Nkosuo prospect is delineated by regular drilling at 80m x 80m X-Y spacing
*spacing*	Results.	in holes dipping at -55 degrees toward 160 degrees (UTM grid) azimuth. The
*and* *distribution*	Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate	drill pattern has been partially infilled to 40m x 80m in places. Drill coverage generally extends to about 150m vertical depth and to a maximum of about 280m depth.
	for the Mineral Resource and Ore Reserve	The data spacing has established geological continuity of the host granite but
	estimation procedure(s) and classifications	has not defined the continuity of mineralisation sufficiently to permit reliable
	applied.	estimation of Mineral Resources.
	Whether sample compositing has been
	applied.
*Orientation*	Whether the orientation of sampling	Drill holes are oriented approximately orthogonal to the trend of the granite
*of data in*	achieves unbiased sampling of possible	body that hosts mineralisation. The orientation of mineralised structures
*relation to*	structures and the extent to which this is	within the granite is presently unconfirmed but there is no indication that
*geological*	known, considering the deposit type.	exploration results to date are affected by a significant bias due to orientation.
*structure*
	If the relationship between the drilling
	orientation and the orientation of key
	mineralised structures is considered to have
	introduced a sampling bias, this should be
	assessed and reported if material.
*Sample*	The measures taken to ensure sample	RC and core samples were delivered to the secure core yard compound at
*security*	security.	Edikan mine by Perseus personnel. RC field sample splits and samples of half
		diamond core were placed in numbered bags and those bags, in turn, placed
		into polywoven sacks that were closed with plastic cable ties prior to transport
		to the assay laboratory by laboratory personnel. Security guards were
		employed at drilling sites and at the core yard compound on a 24 hour per day
		basis.
		Results of field duplicates along with the general consistency of assay results
		between adjacent drill holes and drilling methods provide confidence in the
		general reliability of the assay data.
*Audits or*	The results of any audits or reviews of	Nkosuo drill hole data have not been subject to any formal audit.
*reviews*	sampling techniques and data.	The Competent Person has reviewed the available sampling and assaying
		quality control data and found no errors or bias likely to significantly affect the
		reliability of the exploration data. These reviews included review of database
		consistency, comparisons between database records and laboratory source
		files, and review of QAQC information.
		The Competent Person considers that the sample preparation, security and
		analytical procedures adopted for the Nkosuo drilling provide an adequate
		basis for the reporting of Exploration Results.

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JORC 2012 Table 1 – Section 2 Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section)

Criteria	JORC Code explanation	JORC Code explanation	Commentary
*Mineral*	Type,	reference name/number, location	The Nkosuo prospect is located on the Agyakusu Prospecting Licence PL2/177
*tenement and*	and ownership including agreements or		granted to Adio-Mabas Ghana Limited and renewed on 15th January 2020.
*land tenure*	material issues with third parties such as		The permit is valid until 14th January 2023. In 2019 Perseus Mining (Ghana)
*status*	joint ventures, partnerships, overriding		Limited entered into an agreement with Adio-Mabas Ghana Limited under
	royalties, native title interests, historical		which it has an option to purchase the permit. Perseus has exercised its
	sites, wilderness or national park and		option and ministerial approval to transfer the permit to Perseus Ghana
	environmental settings.		Exploration Limited, which has been nominated by Perseus to hold the
	The security of the tenure held at the time		permit, is being applied for. Should Perseus apply for a mining lease, the
	of reporting along with any known		Government of Ghana shall retain a 10% free carried interest in the company
	impediments to obtaining a licence to		holding the mining lease. Additionally, the Government of Ghana is entitled
	operate in the area.		to a 5% royalty on nett revenue (revenue minus transport and refining costs).
			Adio-Mabas Ghana Limited will also retain a 1.5% NSR royalty.
			A further 0.5% of nett revenue is required to be paid to a local community
			development fund.
			The Nkosuo prospect area is not affected by sites of historical or
			environmental significance. Ongoing drilling to delineate a resource requires
			negotiation of access agreements with farmers and payment of
			compensation for affected crops. Exploitation of the deposit will require an
			environmental and social impact assessment, community consultation and
			the grant of an Exploitation Permit. Nkosuo is located 7km from the Edikan
			mine processing plant.
*Exploration*	Acknowledgment and appraisal of		There has been no exploration by other parties.
*done by other*	exploration by other parties.
*parties*
*Geology*	Deposit type, geological setting and style of mineralisation.		The Nkosuo prospect is a granite-hosted orogenic gold deposit similar to several deposits exploited at Perseus’s nearby Edikan Gold Mine. Edikan
			gold deposits occur near the western flank of the Ashanti Greenstone Belt
			along the Obuasi-Akropong gold corridor. The Central Ashanti property is
			underlain principally by Paleoproterozoic Birimian metasediments of the
			Kumasi-Afema basin, positioned between the Ashanti and Sefwi Greenstone
			Belts. The flysch type metasediments consist of dacitic volcaniclastics,
			greywackes plus argillaceous (phyllitic) sediments, intensely folded, faulted
			and metamorphosed to upper green schist facies. Minor cherty and
			manganiferous exhalative sediments are locally present, and graphitic
			schists coincide with the principal shear (thrust) zones. Numerous small
			Basin-type or Cape Coast-type granitoids have intruded the sediments along
			several regional structures. Structurally controlled gold mineralisation
			occurs in two principal modes: disseminated pyrite-arsenopyrite
			mineralisation associated with quartz veining and sericite alteration hosted
			by granitoids and shear-zone hosted mineralisation associated with pyrite-
			arsenopyrite mineralisation in and adjacent to quartz veins in deformed
			metasedimentary rocks.
			The Nkosuo deposit comprises mineralisation hosted by a single NNE striking
			granitoid body measuring at least 600m along strike, typically 250m
			horizontal width and dipping approximately 75° toward WNW. Drilling has
			confirmed that the body is continuous to at least 250m vertical depth below
			surface. The entire granite is not mineralised throughout but drilling to date
			indicates substantial zones of gold mineralisation up to 100m horizontal
			width.
*Drill hole*	A summary of all information material to		A table of drill hole and intercept details is included in the report to which
*Information*	the understanding of the exploration		this table relates.
	results including a tabulation of the
	following information for all Material drill
	holes:
	•	easting and northing of the drill hole
		collar
	•	elevation or RL (Reduced Level –
		elevation above sea level in metres)
		of the drill hole collar
	•	dip and azimuth of the hole
	•	down hole length and interception
		depth hole length.

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Criteria	JORC Code explanation	Commentary
	If the exclusion of this information is
	justified on the basis that the information is
	not Material and this exclusion does not
	detract from the understanding of the
	report, the Competent Person should
	clearly explain why this is the case.
*Data*	In reporting Exploration Results, weighting	The cut-off grade, minimum down-hole length and maximum included
*aggregation*	averaging techniques, maximum and/or	internal waste are clearly stated in the report to which this table relates.
*methods*	minimum grade truncations (e.g. cutting of	Higher-grade “included” intercepts are clearly reported.
	high grades) and cut-off grades are usually	Drill hole intercepts have not been reported as metal equivalents.
	Material and should be stated.
	Where aggregate intercepts incorporate
	short lengths of high-grade results and
	longer lengths of low-grade results, the
	procedure used for such aggregation
	should be stated and some typical
	examples of such aggregations should be
	shown in detail.
	The assumptions used for any reporting of
	metal equivalent values should be clearly
	stated.
*Relationship*	These relationships are particularly	The geometry of the host granite body has been established but the
*between*	important in the reporting of Exploration	orientation(s) of mineralised zones within the granite are not yet defined.
*mineralization*	Results.	Intercepts are clearly described as down-hole lengths because true widths
*widths and*	If the geometry of the mineralisation with	are not presently known.
*intercept*	respect to the drill hole angle is known, its
*lengths*	nature should be reported.
	If it is not known and only the down hole
	lengths are reported, there should be a
	clear statement to this effect (e.g. ‘down
	_hole length, true width not known’). _
*Diagrams*	Appropriate maps and sections (with	Appropriate plans and cross-sections are included in the report to which this
	scales) and tabulations of intercepts should	table relates.
	be included for any significant discovery
	being reported These should include, but
	not be limited to a plan view of drill hole
	collar locations and appropriate sectional
	views.
*Balanced*	Where comprehensive reporting of all	Holes that did not intercept significant mineralisation are shown on plans and
*reporting*	Exploration Results is not practicable,	cross-sections and “NSI” holes are included in tables of intercepts.
	representative reporting of both low and
	high grades and/or widths should be
	practiced to avoid misleading reporting of
	Exploration Results.
*Other*	Other exploration data, if meaningful and	Soil sampling has defined a strong gold-in-soil anomaly over the Nkosuo
*substantive*	material, should be reported including (but	prospect. The airborne geophysical survey has helped elucidate the general
*exploration*	not limited to): geological observations;	geology of the area. Otherwise, there are no other material exploration data
*data*	geophysical survey results; geochemical	yet available for Nkosuo prospect.
	survey results; bulk samples – size and
	method of treatment; metallurgical test
	results; bulk density, groundwater,
	geotechnical and rock characteristics;
	potential deleterious or contaminating
	substances.
*Further work*	The nature and scale of planned further	Perseus intends to continue drilling at Nkosuo to delineate a Mineral
	work (e.g. tests for lateral extensions or	Resource and to undertake such other studies as are required to complete a
	depth extensions or large-scale step-out	feasibility study, economic evaluation and estimate of Ore Reserves that will
	drilling).	contribute to the Life-of-Mine plan at Edikan.
	Diagrams clearly highlighting the areas of
	possible extensions, including the main
	geological interpretations and future
	drilling areas, provided this information is
	not commercially sensitive.

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PERSEUS MINING LIMITED — Capital/Financing Update 2022

46513_rns_2022-04-19_4cba73fc-84fc-486c-9eb0-2842bbf05026.pdf

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PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

HIGHLIGHTS

Perseus’s Managing Director and CEO Jeff Quartermaine said:

NKOSUO EXPLORATION DRILLING

NEXT STEPS

COMPETENT PERSON STATEMENT:

CAUTION REGARDING FORWARD LOOKING INFORMATION:

ASX/TSX CODE: PRU

REGISTERED OFFICE:

CONTACTS:

Claire Hall

APPENDIX 1 - FIGURES

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NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

APPENDIX 2 – SIGNIFICANT INTERCEPTS

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NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

APPENDIX 3: JORC TABLE 1 – NKOSUO PROPERTY

JORC 2012 Table 1 – Section 1 sampling techniques and data

NEWS RELEASE | PERSEUS COMPLETES RESOURCE DRILLING PROGRAMME AT NKOSUO

JORC 2012 Table 1 – Section 2 Reporting of Exploration Results

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PERSEUS MINING LIMITED Capital/Financing Update 2022