Ann: Mt Stirling Gold Drilling & Mapping Preparation Underway, page-4

Highlights:
 Intersection was contained within RC hole MSRC001 and that hole returned an intercept of 2.99
g/t over 35m including 48.00 g/t over 2m
 A similar intersection was seen in MSRC002 yielding an intercept of 0.71 g/t over 39m including
2.09 g/t over 4m
 Desktop works uncover a much larger area of interest at the Mt Stirling and Diorite Projects, with
the potential for significant discoveries
 A new systematic exploration approach to be undertaken with the aim of increasing tonnes at the
cheapest discovery cost per ounce
 Permit to drill in place
 Drill contract to be awarded over the coming weeks to test down dip and along strike (Figure 3)
 Historical Diorite King and Diorite Queen mines to be re‐evaluated (Figure 4)
 Numerous quality targets to be followed up within the Diorite prospect (Figure 4)
 Mt Stirling Project sits adjacent to Red 5’s tenure that hosts the King of the Hills (KOTH) mine and
is located within the prolific Leonora Gold district in the Eastern Goldfields, which also contains the
Hills, St Barbara Gwalia and Saracen’s Thunderbox deposits