Ann: Tietto hits 22m at 5.62 g/t gold incl. 5m at 17.87 g/t gold, page-2

What a day for West African miners. Great intercepts here.
TIE gets better and better.


Highlights:  Tietto adds multiple high-grade gold drill intercepts at its 3.35Moz Abujar Gold Project from infill drilling at AG Core including:  22m @ 5.62 g/t Au from 97m incl. 5m @ 17.87 g/t Au (ZDD665 - Section 24A)  2m @ 59.77 g/t Au from 54m and;  6m @ 17.01 g/t Au from 61m incl. 2m @ 50.35 g/t Au (ZDD685 - Section25A)  14m @ 2.87 g/t Au from 136m incl. 4m @ 9.19 g/t Au (ZDD671A – Section 24A)  Drilling aims to convert a portion of Indicated resources (35Mt @ 1.5 g/t Au for 1.65Moz) to Measured - targeting the first two years of Abujar’s gold production  Third batch of assay results received (33 holes for 5,377m) from a 30,000m infill diamond drill program on 25m line spacing  Tietto awaits assays for 66 holes drilled (12,897m). The remaining 5,755m of infill drilling expected to be completed by the end of October 2021; next resource update due end Q4 CY21  Abujar Definitive Feasibility Study (DFS) demonstrated robust financial results and estimated gold production of 260,000oz in the first year and 200,000oz per year over the first six years of Abujar’s 11-year mine life for an NPV5% (pre-tax) A$1.3B and (posttax) A$0.97B using US$1,700/oz and A$/US$=0.741  Tietto continues to advance Abujar’s development with an early work program underway including front end engineering and design (FEED), site and camp construction  Tietto is targeting first gold at Abujar in Q4 CY2022  Tietto is well-funded, with ~$31M cash at bank at end of September 2021.