Xantippe Resources Limited advised that Reverse Circulation (RC) drilling for lithium targets at the Blanche target on its Southern Cross Project in Western Australia, has intersected a further two thick intervals of pegmatite. There is also mineralogy indicative of fractionation conducive to Lithium mineralisation at the Blanche Prospect (Blanche). These are in hole 3 (SXRC0019} and hole 4 (SXRC0020). Hole 4 is a step-out approximately a 500-metresdue north of SXRC0017. The results from the four holes are seen as geologically significant. The 100%-owned Southern Cross project (Exploration Lease E77/2609) covers some 790 hectares in the Yilgarn mining region of Western Australia. The Blanche target, occupies a distinct magnetic low within the host stratigraphy and is interpreted to
represent the northern extension of the system intersected by Black Dragon/Zenith to
the south. Several pegmatites in this region of Western Australia sustain profitable
mining operations, with Blanche being in close proximity to some of Australia's most
significant deposits.
The first hole, SRXC0017, returned pegmatite from 140m to 216m downhole. The next
hole, SXRC0018, intersected pegmatite from 120m to 228m downhole.
The third hole SXRC0019 returned pegmatite from 144-192m depth and the fourth
hole returned pegmatite from 154-234m, still on pegmatite. SRXC0020 was a
significant 500- metre step out north of first hole (i.e. SXRC0017). The line spacings
between the first, second and third holes is approximately 150 metres.
All pegmatite intervals contain variable amounts of what is interpreted to be two
important Li-ore minerals (lepidolite and eucryptite), as evidenced by the response to
UV lamp testing). Importantly, the pegmatite intervals present very similar to those
encountered by Zenith/Black Dragon to the immediate south.

Samples from these four encouraging drill holes have been submitted to the laboratory for
expedited analysis and XTC expects results to be available within two weeks.
Drilling is currently underway on the four additional infill holes.
Significantly, the occurrence of pegmatite so far is constrained to within an obvious
zone of low magnetic intensity, interpreted to represent the physical characteristics of
the intrusive target rock. Conformity to this trend in further drilling would make
possible the presence of large volumes of pegmatite, which reinforces the project's
prospectivity.
Assay confirmation of grade and tenor of lithium-bearing pegmatites within Xantippe's
lease boundaries will pave the way for subsequent drill programs and additional
groundwork to test the regional extent of mineralisation and whether additional areas
of prospectivity exist within the lease.