Going forward, the Board of the Company is confident that the...

Going forward, the Board of the Company is confident that the Troy would be able to deliver positive cash flow and secure additional funds if required. Some of the key operational activities that will impact the near-term plans of the Company are mentioned below.

1. Troy will strive to achieve the planned operational performance and positive cash flow from its underground as well as open pits in the next 12 months.
2. Update on the Reserve and Resource estimate for the Smarts Underground.
3. Optimising pit design and mine operation further.
4. Troy will finalise the trial mining results from the Ohio Creek prospect.
5. The mining and mineral resource plan is in progress for the greenfield target- Goldstar.