Ann: 2022 Drill Program at High-Grade Coyote Gold Operation, page-2

As expected. These guys are going to go hard for the rest of the year. They will do a similar thing at Paulsens this year as well so news flow should be strong moving forward. Once this market can see these deposits remain open and strongly mineralised, then we will have our day. All looking very good. Targets everywhere.


Black Cat Managing Director, Gareth Solly said: “We intend to hit the ground running at Coyote. Rigs are lined up to
commence our 2022 drilling programs. We will initially be targeting a mix of infill and extensional drilling at and around the
high-grade Speedy and Kavanagh lodes. Geophysical reviews, remodelling and target generation work will be undertaken
simultaneously. On the back of this work, high-impact discovery drilling will commence at regional targets including Coyote
East and Pebbles North. Compressing our assay turnaround time remains a priority and we intend to implement a number
of initiatives to support this objective ahead of drilling commencing in early July 2022. The 2022 field season at Coyote is
expected to provide constant and exciting news flow throughout the balance of the year.