Significant new gold hits in new Reverse Circulation (RC)...

Significant new gold hits in new Reverse Circulation (RC) drilling at Apollo’s flagship 840,000oz1Rebecca gold deposit.

➢ Step-down drilling opens new zone of high grade down-plunge exploration potential in lightly drilled southern part of deposit. Significant results in areas extending beyond the April 2021 Mineral Resource Estimate (MRE) include:
❖ 8m @ 7.81g/t Au* and 7m @ 3.71g/t Au* in RCLR0820
❖ 10m @ 2.54g/t Au* in RCLR0817
❖ 2m @ 13.69g/t Au in RCLR0827

➢ Additional drilling into emerging ‘footwall’ structure confirms high grades remain open to depth:
❖ 3m @ 10.77g/t Au and 8m @ 3.15g/t Au in RCLR0821

➢ Strong resource definition intercepts add value to Rebecca model:
❖ 6m @ 9.73g/t Au and 10m @ 1.13g/t Au* in RCLR0819
❖ 13m @ 1.68g/t Au in RCLR0818
❖ 30m @ 0.96g/t Au* at shallow depths in RCLR0825
❖ 12m @ 1.15g/t Au at shallow depths in RCLR0823* Intercept contains one or more composite sample that will now be resampled at 1m intervals.

➢ Ongoing resource definition drilling continues to find new shallow gold mineralisation in under- drilled parts of the optimised pit shell used to constrain the MRE of 29.1 million tonnes at 1.2g/t Au for 1.105 million ounces1 of gold. Results are expected to add more near-surface material at a higher average grade than the MRE.