Ann: RC Drilling Delivers High-Grade Gold Intersection at Guyer, page-2

Final assay results have now been received for the remaining 15 holes of the maiden 31 RC drillhole campaign completed on two 1,500m spaced drill sections that evaluated the broad 3,500m long bedrock gold anomaly at Guyer.
• The 15 holes, all from drill Section 2, intersected gold mineralisation that includes a significant high-grade intersection of 7m @ 4.05g/t Au from 148m, including 1m @ 26.9g/t Au from 149m in GUYRC0028, the best gold intercept from Guyer to date.
• Every drillhole on the 1,000m wide Section 2 intersected gold mineralisation within an altered granodiorite host rock with additional results that include:
• 16m @ 0.50 g/t Au from 53m in GUYRC0028 Incl. 1m @ 3.99 g/t Au from 64m
• 11m @ 0.36 g/t Au from 197m in GUYRC0029 Incl. 1m @ 2.34g/t from 202m
• 6m @ 0.80 g/t Au from 108 in GUYRC0023 Incl. 1m @2.06 g/t Au from113m
• 11m 0.35 g/t Au from 64m in GUYRC0020 Incl. 1m @ 1.66 g/t Au from 107m

• The new results, combined with Section 1, further confirm and expand upon the broad +1,000m wide aircore anomaly, with multiple intervals of gold mineralisation now defined within the granodiorite host.
• The Guyer Trend is part of the $35 million exploration Farm-In and Joint Venture (JV) agreement signed on 18 December 2024 with Gold Road Resources Limited (ASX: GOR).
• A 2,300m campaign of diamond drilling, designed to confirm structural orientations and vectors toward high-grade zones within the granodiorite hosted gold envelope at Guyer, is underway.
• The ongoing exploration program is managed by Iceni and is part of the initial $5 million minimum expenditure commitment by GOR under the Farm-In agreement.