Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-3

Great quarterly, they are making good progress on all fronts: Mulgabbie, Patricia and Brazil:

• At Mulgabbie the trial HL can be done cheaply by hiring a lot of the equipment. A 51-hole AC drilling program completed in January 2025, drilling to fresh rock at this newly identified cross fault site. Plans for 2025 include additional drilling, at cross fault positions and further exploration of a newly mapped 4km paleochannel with numerous high-grade gold intercepts, including up to 162.5 g/t Au
• At Patricia high-grade samples exhibit gossan boxwork textures, suggesting the presence of pyrite mineralisation at depth within fresh rock. Heritage survey and Section 18: completed and lodged with DLPH
• At Brazil widespread anomalous niobium in soil results extending over a 1km² area, results may indicate carbonatite intrusion related mineralisation as a source of this large 1km² niobium anomaly, gives confidence to plan two diamond drill holes at priority targets.

All sounds very promising and exciting