Ann: 30 June 2024 Quarterly Report, page-5

Called the company just to enquire about MT. Farmer as it wasn’t mentioned, they said they are still awaiting the last of the three tenures to be granted. Shouldn’t be too long.

Assays are in the lab for CUE gold - expecting a 4-6 week turnaround. They didn’t see it as material information at this stage, will see what the assays bring back.

General consensus for the chat - They still firmly believe in Ravensthorpe and what they have in that land holding, remember only certain parts of the land holding are actually in the Timber Reserve albeit the best targets. They really do believe in a successful appeal but they are just in a waiting process right now with the appeals convenor, the feeling is a decision will be made in coming months.

They are not in a hurry to dig into the bank balance, happy to do a bit of gold exploration work whilst they wait for the Ravensthorpe decision.

I think it’s the right play. Money making money in the bank & paying our staff costs. Shares making money / dividends and climbing gold price adding to shares value.

Patience should pay off in one way or the other.