Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2

EM survey delivers 10 new high-priority targets at Pincunah;

Multiple high-priority conductive zones defined for follow-up, including:
o Five hosted in volcanic rocks identified as high-priority Cu-Zn-Pb sulphide VMS drill
targets, including one along strike from Valley of the Gossans;
o Five targets identified in mafic-ultramafic intrusive rocks as Ni-Cu sulphide targets plus
a further two targets identified as Cu-Au targets

Trek continues to review other potential acquisitions and investments in the resource sector.
• Cash position at 31 December 2021 of $7.3 million.