Syndicated Metals has discovered consistent high grade copper and gold mineralization over 900 meters of strike from rock chip sampling along the Pindora Fault, 5 kilometers to the southeast of the Kalman deposit located in the Mount Isa region of Northwest Queensland. The Kalman deposit is an advanced molybdenum-rhenium and copper and gold deposit covering 700 square kilometers in the mineral-rich Mt Isa region. A review of the existing 60.8 million tonnes at 0.32% copper, 0.05% molybdenum, 1.19 grams per tonne rhenium and 0.15 gram per tonne gold JORC Resource at Kalman is currently underway. Importantly, the Kalman deposit has the potential to be a company maker for Syndicated with its significant exploration potential as a result of its sizeable targets. Thirty two samples were collected within EPM13870, with 10 contiguous samples taken over the strike length returning strongly anomalous copper and gold averaging 0.6 grams per tonne gold and 3% copper at what is known as the Pandora’s Gift prospect. The Pindora Fault is sub-parallel to the Pilgrim Fault zone which hosts the Kalman molybdenum rhenium and copper and gold deposit as well as a range of other base metal and gold targets. The Pindora Fault zone can be traced at surface within Syndicated tenements for approximately 10 kilometers. Sampling was carried out a nominal 100 metre centers along the northern 2.5 kilometers section of the fault within EPM13870, which is within the Kalman JV with Cerro Resources.

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