The Company has curtailed exploration activities as it evaluates the results achieved
to date and undertakes a series of development focused studies. In addition, the
underground refurbishment activities commenced in 2022 have now been completed.
Consequently, it is anticipated that the Company’s future expenditures will be
materially reduced from prior quarters. Furthermore, future exploration activity is
largely discretionary and further exploration programs will be dependent on available
cash.
Ann: June Quarter Activities Report and Appendix 5b, page-4
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