Ann: CLASSIC AGREES FACILITY TO FUND PROJECT DEVELOPMENT, page-136

Classic’s Kat Gap project, located approximately 170km south of Southern Cross, has demonstrated significant potential, securing a $41m reserve at 2.5g/t and an inferred resource of $120m additional reserves at 2.19g/t within the area. Following a successful trial mining phase in mid-August 2023, the project has started generating revenue, with gold sales reaching approximately $967,000 across the September and December 2023 quarters. The partnership with AuResources aims to leverage this initial success, facilitating the transition to full-scale production and further exploration.