Ann: One of Australia's highest-grade deposits - 356koz @ 14.6g/t, page-4

Say no more on Coyote.

Black Cat’s Managing Director, Gareth Solly, said: “With our new geology model and just five months of drilling, we have
demonstrated that Coyote Central is one of the highest-grade underground deposits in Australia, containing 356koz @
14.6g/t Au. We have also substantially increased the total Coyote Central Resource to 424koz @ 8.8 g/t Au, with average
ounces per vertical metre of >1,000 oz.
Furthermore, the new Resource currently extends to 400m below surface even though there is known mineralisation down
to 700m and remains open beyond that. We expect to further extend the Resource with additional drilling.
It is exciting to have already demonstrated the grade and scale potential of Coyote within such a short period of time.”