CASTLE HITS HIGH-GRADE GOLD AT BUNDI PROSPECT

Strong Bundi RC drilling results support upcoming exploration

Castle Minerals Limited (ASX:CDT) has reported successful infill RC drilling at its Bundi prospect within the broader Kpali Gold Project in Ghana, with all five holes intersecting gold mineralisation above 1.00g/t Au.

Key intercepts included:

18m at 1.22g/t Au from 89m (25BURC003)
• 3m at 3.35g/t Au from 89m
• 3m at 1.77g/t Au from 101m
• 2m at 2.07g/t Au from 113m
7m at 3.26g/t Au from 114m (25BURC004)
• 5m at 4.34g/t Au from 114m
• 2m at 9.46g/t Au from 117m

A high-resolution aeromagnetic survey secured from a prior explorer at no cost is expected to considerably enhance targeting across the entire Kpali Gold Project.

Castle will commence auger drilling in early August 2025 to extend prospects and generate new targets, with follow-up RC drilling at Kpali and Bundi prospects scheduled for later this quarter.

Stephen Stone, Executive Chairman, said:

The Bundi RC drilling programme has bolstered the credentials of this prospect, just one of several within the broader Kpali Gold Project, and laid the foundations for follow-up RC drilling later in this Quarter.

It is still relatively early days at Kpali, a newly discovered West African gold district with a geological setting very similar to those of the region’s many deposits and mines.

As we deepen our understanding of the project, our confidence in expanding mineralisation through focused, systematic exploration at Bundi and our other compelling targets is considerably boosted.

High-resolution aeromagnetic data, recently acquired at no cost from a prior explorer, will substantially enhance this process, commencing with the finessing of auger sampling campaigns starting in early August.