17,600g/t Silver Intersected at Tarcoola’s Tolmer Prospect28,000...

17,600g/t Silver Intersected at Tarcoola’s Tolmer Prospect 28,000 gram-metres silver drilled less than 50 metres from surface

HIGHLIGHTS New 'Tolmer' gold-silver system recently confirmed by high-grade Au / Ag assays New shallow drilling intersects 6m @ 4,747g/t Ag (incl. 1m @ 17,600g/t Ag) Gold and silver assays for 2,230m deeper RC drilling remain outstanding

Dear Investors & Colleagues, We recently announced the discovery of high-grade silver within in the new Tolmer gold systemat the Tarcoola Gold Project,with high-grade silver up to 312 g/t Ag present alongside high grade gold grading up to 83.6 g/t Au. We are therefore pleased to share that further assays confirm additional near surface mineralisation grading up to17,600 g/t Ag (within 6m @ 4,747 g/t Ag). This is an exciting addition to the Tolmer prospect.The intersection sits only ~50m from surface - shallower than our neighbouring Perseverance Mine. The 6m @ 4,747 g/t Ag also sits in the transitional domain between oxide and fresh rock, with the AC drilling unable to penetrate fresh rock. We have completed 2,230m RC drilling to test for depth extension. Assays are expected in the coming weeks. A detailed copy of this announcement can be found on the ASX platform and the Company's websitehere. Regards, Alexander Scanlon Managing Director & CEO

Only 50m depth