Ann: High-Grade Drill Results Support Wiluna Sulphide Development, page-3

Wiluna Mining WMC

*HIGH-GRADE DRILL RESULTS SUPPORT WILUNA SULPHIDE DEVELOPMENT

• More high grades from Happy Jack & East Lode confirm Wiluna as a high-grade gold mine:

HJRD00067: 3.72m @ 5.31g/t HJRD00075: 3.60m @ 7.22g/t HJRD00078: 3.53m @ 13.37g/t HJRD00080: 2.56m @ 5.56g/t incl. 0.30m @ 35.50g/t WUDD0074: 3.34m @ 10.16g/t WUDD0075: 5.70m @ 5.98g/t & 3.00m @ 5.12g/t & 13.20m @ 7.41g/t
WURD0169: 8.20m @ 6.28g/t & 23.16m @ 5.55g/t
WURD0172: 3.48m @ 7.36g/t WURD0177: 4.47m @ 9.99g/t WURD0179: 11.60m @ 5.90g/t WURD0207: 7.75m @ 13.27g/t

• Results from ongoing drilling received after the cut-off date for the in-progress Mineral Resource update; demonstrate potential to upgrade the Resource on an ongoing basis.
• Mineral Resource update on track for release in November, Feasibility Study and Ore Reserves anticipated March quarter 2022.

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