Ann: Impressive Drill Assays and Metallurgical Testwork Results, page-4

Conclusions – Expansion of the New RAS Extension / Implications for additional Resources & Positive Gold Recoveries

The MDD025 and MDD025R results confirm continuity of higher-grade mineralisation both across and to the north in the RAS shoot extension which is now drilled over 1000 metres down plunge from outcrop and remains open at depth.
The average thickness and grade of the 10 holes defining the RAS down plunge extension (24.3m @ 3.06g/t Au) is 50% higher than reported in the 2021 RAS MRE (2.0g/t Au, min 0.50g/t, uncut).

The continued higher-grade bonanza mineralization intercepts (now to 51.2g/t Au in MDD025R) are indicative that these are not isolated and reinforce the potential for both higher grade mineralisation down plunge at CIT and SHR which remain relatively undrilled. Other prospects with strong geochemical anomalies also remain to be tested along the inferred 30km length of the RSSZ with the project area.

Metallurgical gravity / cyanide leach testwork 90% gold recoveries are significant and reflect the potential of the non-refractory nature of the RSSZ gold.

The results reinforce previous indications that the RSSZ is emerging as a potential multi-million-ounce system similar to the world class Macraes deposit (10Moz) 90 kilometres to the NE.