Ann: Updated Change of Director's Interest Notice, page-3

Just over a year ago, KO GOLD NZ said what they were going to do with the NZ Mining Rights that they got from us. I received on 24 Feb 2025 the following if any one is interested.

View this story in your browser

KO Gold Provides a Further Update on its Drilling Plans for its Exploration Permits in the Otago Gold District of New Zealand

Toronto, Ontario--(Newsfile Corp. - February 24, 2025) - KO Gold Inc. (CSE: KOG) ("KO Gold" or the "Company") is pleased to provide an update on its drilling plans in the Otago Gold District in New Zealand. The Company plans to complete reverse circulation (RC) and diamond drill holes on its Carrick, Hyde, Smylers, and Glenpark exploration permits. This drilling program will focus on: (1) Priority: the discovery of high-grade mineralized shear zones or lode gold within the Carrick Goldfield, which is located southwest of Santana Minerals Rise & Shine Shear Zone ("RSSZ") of the Bendigo-Ophir Project, and (2) testing the extensions of the Hyde-Macraes Shear Zone ("HMSZ") adjacent to OceanaGold's active Macraes Gold Mine (Figure 1).

KO Gold currently has a total of eight, 100%-owned prospecting and exploration permits for a total of 740 km² of prospective ground in the Otago Gold District.

Drilling Plans in Order of Priority:

1 Carrick (See Figure 2)

• Up to 18 drill holes are planned on the Carrick EP within the Carrick Goldfield targeting high-angle, lode-style gold mineralization and low-angle, shear-hosted gold mineralization within the Carrick-Potter Shear Zone (CPSZ). Historical drilling intercepted several mineralized intercepts grading between 1 to 4 g/t Au over 3 to 17 m including higher grade intervals of 7.4 g/t Au and 14.5 g/t Au over 2 m. KO Gold will test extensions to gold mineralization in the Lower Carrick Target through both twinning and step-out drilling.

2 Smylers (See Figure 3)