Ann: Shallow High Grade Assays Infill Tunkillia's Area 51 Target, page-5

And just like clockwork the update in the inbox awaits. Nice work Alex and team.

The context of the regional approach highlights how big this will be for those with some foresight to see what's being achieved here. That's where the proper upside comes from as per Rick Rule's methodology and he would know.

"People's time preferences are so short that they don't care about the arithmetic equation. They care about whether a 20-cent stock is going to 22 cents. They don't give a damn about reality; they care all about perception. Those people are my normal victims."

Shallow High Grade Assays Infill Tunkillia's Area 51 Target +40 metre intervals highlight broad, coherent zone of gold mineralisation

HIGHLIGHTS ~3,450m RC and diamond drilling assays confirm broad gold mineralisation Multiple Area 51 intersections ranging from ~20m to ~50m down hole width Hole TKB175D includes44m @ 1.81 g/t Au(incl.6m @5.85 g/t Au) JORC Resource modeling underway for potential near-term update A further ~5,000m assays pending for Tunkillia and Tarcoola Projects

Dear Investors & Colleagues, We recently upgraded the Tunkillia Project’s JORC Resources to1.38 Million ouncesin December 2023. Infill drilling on the Area 51 satellite target has now confirmedanother broad, coherent zone of gold mineralisation including one hole returning 44 metres @ 1.81 g/t gold(announcement here). This opens the door to further near-term JORC Resources growth for Tunkillia, and these results further validate the expansive potential of Tunkillia’s gold mineralisation. Area 51 is thefifth new Tunkillia gold zone we have confirmed within a radius of ~4kmduring the past 2 years. Three of these have recently been converted to JORC Resources during December 2023 and we are reviewing Area 51 for the same result. We still have around 5,000 metres of assays pending for the Tunkillia and Tarcoola Projectswhich we expect to report soon, with drill planning also underway for other high priority discovery targets. We’re pleased to note thata parallel sales tender process is also underway for around $4 million dollars worth of gold in concentrates, and we expect to announce the results of that soon as well. We look forward to sharing a steady flow of interesting exploration, project and corporate updates to you all during the coming months. Regards, Alex Scanlon MD & CEO