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EMERALD RESOURCES NL Capital/Financing Update 2024

Oct 29, 2024

64849_rns_2024-10-29_880da34a-0a04-42a9-b7d9-e321f161abbe.pdf

Capital/Financing Update

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ASX Announcement & Media Release

30 October 2024

Fast Facts

ASX Code: EMR Shares on issue: 656,952,527 Market Cap: ~A$2.7 billion Cash: A$157.4m (US$109.1m) (30 Sep 2024) Bullion: A$23.4m (US$16.2m) (30 Sep 2024)

Board & Management

Jay Hughes, Non-Executive Chairman Morgan Hart, Managing Director Mick Evans, Executive Director Simon Lee AO, Non-Executive Director Ross Stanley, Non-Executive Director Billie Slott, Non-Executive Director Michael Bowen, Non-Executive Director Mark Clements, Company Secretary Bernie Cleary, Operations Manager Okvau Josh Redmond, Operations Manager DRGP Brett Dunnachie, Chief Corporate Officer Shannon Campbell, Chief Financial Officer

Company Highlights

Team

  • Highly credentialed gold project operational and in-house development team;

  • A proven history of building projects on time and on budget.

Gold Production

  • Okvau Gold Mine commissioned on time on budget in 2021;

  • 2024 production guidance achieved of +100,000oz gold production at AISC US$780-US$850/oz;

Growth

  • Significant exploration and resource growth potential in Cambodia:

  • Okvau Gold Mine reserve expansion;

  • Memot Project (100%) maiden open pit inferred resource of 8MT @ 1.84g/t Au for 470koz (Updated Resource (interim) expected calendar 2024)

  • 1,428km[2] of prospective tenure

  • Significant exploration and resource growth potential in Australia: o Dingo Range Project located on the underexplored Dingo Range greenstone belt

  • Resource expected calendar 2024

  • 1,300km[2] of prospective tenure

ESG

  • Focussed on a net positive impact on nearmine environmental and social values by targeting strict compliance with corporate governance, international guidelines (IFC PS’s) and local laws by engaging and collaborating with all stakeholders.

  • Commitment to carbon neutral operations in Cambodia

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Emerald Continues Exploration Success in Australia and Cambodia

Highlights

Memot Gold Project, Cambodia (EMR 100%)

Practical completion of Stage 2 - 50,000m Resource extensional and infill program

  • New results from ongoing resource drilling program include:

  • 9m @ 12.61g/t Au from 193m including 1m @ 64.5g/t Au from 197m (DD24MMT256);

  • 0.8m @ 63.3g/t Au from 99m (DD24MMT298);

  • 1.1m @ 44.3g/t Au from 214m (DD24MMT219);

  • 15.2m @ 3.11g/t Au from 246.4m including 1m @ 29.9g/t Au from 252m (DD24MMT292);

  • 1.5m @ 27.00g/t Au from 206.2m (RCDD24MMT269); and

  • 2m @ 20.05g/t Au from 109m (DD24MMT259).

  • New drilling results to be included in Emerald’s updated resource estimation for Memot expected calendar 2024.

Okvau Gold Mine, Cambodia (EMR 100%)

Okvau Gold Mine – underground and open pit resource extensions

  • Underground and open pit extensional drilling at the Okvau Gold Mine continues to deliver significant gold mineralisation:

  • 11m @ 8.40g/t Au from 91m (RC24OKV644);

  • 7m @ 6.48g/t Au from 35m (RC24OKV642);

  • 8m @ 5.12g/t Au from 79m (DD24OKV589);

  • 5.1m @ 5.51g/t Au from 70.9m (RCDD24OKV637); and

  • 1m @ 22.09g/t Au from 87m (RCDD24OKV647).

Dingo Range Gold Project, Western Australia (EMR 100%) Resource definition program (Boundary-Bungarra Prospects)

  • Resource definition program continues to deliver significant gold mineralisation, new drilling results include:

  • 1.27m @ 20.18g/t Au from 155.73m (RCDD24HUR020);

  • 17m @ 1.31g/t Au from 67m (RC24NPT123);

  • 9m @ 2.22g/t Au from 118m (RC24BGA046);

  • 1.3m @ 20.18g/t Au from 155.73m (RCDD24HUR020);

  • 8m @ 2.46g/t Au from 164m(RCDD24HUR020); and

  • 1m @ 17.50g/t Au from 116m (RC24BDY219);

  • New drilling results to be included in Emerald’s maiden resource estimation expected calendar 2024.

Dingo Range regional exploration

  • High-grade results continue from the recently discovered Great Northern prospect, new drilling results include:

    • 11m @ 3.80g/t Au from 219m (RC24GRN045) including 2m @ 16.55g/t Au from 228m;

    • 10m @ 2.64g/t Au from 26m (RC24GRN055);

    • 1m @ 18.20g/t Au from 248m (RC24GRN058);

  • Registered Office 1110 Hay Street West Perth WA 6005

  • 1m @ 15.00g/t Au from 43m (RC24GRN054); and

  • 1m @ 11.60g/t Au from 148m (RC24GRN055).

T: +61 8 9286 6300

F: +61 8 6243 0032

  • W: www.emeraldresources.com.au

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Exploration Activities – Cambodian Gold Projects

Emerald’s exploration tenements, which comprise of a combination of five (5) 100% owned granted licences, and a further three (3) subject to joint venture agreements (with EMR earning majority ownership), cover a combined area of 1,428km² in Cambodia.

Figure 1 | Cambodian Gold Project | Exploration Licence Areas

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Memot Project, Cambodia – Extensional and Infill Resource Program (EMR: 100%)

The Memot Stage 2 drill program has largely been completed with an updated resource estimation to follow expected by the end of the calendar 2024. The Stage 2 program consists of a total of 185 collars for 49,686m of drilling and is designed to infill and extend the previously reported gold mineralisation at Memot that remains open in all directions and at depth. To date, both Stage 1 and Stage 2 have completed a total of 316 collars for 68,915m (18,769m RC and 50,077m diamond) with 64 collars for 20,803m completed since last time of reporting (refer Figures 2 and 3). Significant recent results received include:

  • 9m @ 12.61g/t Au from 193m including 1m @ 64.5g/t Au from 197m (DD24MMT256);

  • 0.8m @ 63.30g/t Au from 99m (DD24MMT298);

  • 1.1m @ 44.30g/t Au from 214m (DD24MMT204);

  • 15.2m @ 3.11g/t Au from 246.4m including 1m @ 29.9g/t Au from 252m(DD24MMT292);

  • 1.5m @ 27.00g/t Au from 206.2m (RCDD24MMT269);

  • 2m @ 20.05g/t Au from 109m (DD24MMT243);

  • 8.4m @ 4.74g/t Au from 278.8m including 0.6m @ 28.1g/t Au from 278.8m (DD24MMT299);

  • 1m @ 38.70g/t Au from 280.80m (DD24MMT290);

  • 1.1m @ 33.30g/t Au from 288m (RCDD24MMT197);

  • 1m @ 35.10g/t Au from 131m (DD24MMT279);

  • 23.8m @ 1.47g/t Au from 198m (DD24MMT287);

  • 1m @ 32.60g/t Au from 226m (RCDD24MMT172);

  • 1m @ 28.50g/t Au from 365m (RCDD24MMT197);

  • 2m @ 14.13g/t Au from 294.6m (DD24MMT287);

  • 4.6m @ 6.02g/t Au from 187.8m (DD24MMT301);

  • 1.1m @ 25.00g/t Au from 252m (RCDD24MMT266);

  • 0.6m @ 45.30g/t Au from 234.6m (RCDD24MMT195);

  • 0.6m @ 44.60g/t Au from 115m (DD24MMT294);

  • 18m @ 1.30g/t Au from 242m (DD24MMT221);

  • 7.4m @ 3.11g/t Au from 338m (DD24MMT287);

  • 2m @ 11.3g/t Au from 152m (RCDD24MMT264);

  • 0.6 @ 36.80g/t Au from 364m (DD24MMT291); and

  • 0.6m @ 35.80g/t Au from 389.60m (RCDD24MMT265).

Refer Appendix Three for all significant results.

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Both the Memot and Okvau Gold Projects are classified as IRGS, typically associated with intrusive igneous bodies that act as the source of hydrothermal fluids responsible for gold deposition. At Memot, gold precipitation appears to have occurred at different temperature and pressure conditions compared to that at the Okvau Gold deposit. This is inferred from the nature of the quartz sheeted veining and the textural evidence within the host rocks. Another distinguishing feature of the Memot deposit is the presence of multimetallic sulphide assemblages, indicating multiple hydrothermal fluid pulses. Each of the multiple stacked structures are discernible between drillholes and appear continuous between sections and down dip. Due to variable nature of the mineralisation interception of further pods of extremely high-grade mineralisation is expected as the density of drilling continues to increase.

The mineralisation is associated with multiple high-grade, narrow, stacked quartz vein sets, dipping shallowly to the northeast (refer Figure 3) with current interpreted strike length of 650m (refer ASX announcement 28 July 2022). Previously announced significant intersections include:

  • 6m @ 348.76g/t Au from 125m including 1m @ 2,090g/t Au from 130m (DD24MMT243)[ 5] ;

  • 5m @ 15.36g/t Au from 210m including 1m @ 67.4g/t Au from 214m (DD23MMT136)[3] ;

  • 31m @ 1.80g/t Au from 239m including 0.7m @ 21.80g/t Au from 257.6m (DD24MMT168)[ 5] ;

  • 4m @ 13.49g/t Au from 63m including 2m @ 26.31g/t Au from 63m (RC24MMT158)[4] ;

  • 2.5m @ 20.67g/t Au from 134.5m (DD24MMT200)[ 5] ;

  • 2m @ 23.29g/t Au from 131m (DD23MMT090)[ 2] ;

  • 1m @ 46.00g/t Au from 135m (DD24MMT188)[ 5] ;

  • 0.3m @ 145g/t Au from 14.2m (ML3)[1] ;

  • 7m @ 6.13g/t Au from 277m including 1m @ 40.00g/t Au from 277m (DD24MMT243)[ 5] ;

  • 3m @ 13.95g/t Au from 72m including 1m @ 36.40g/t Au from 73m (RC24MMT159)[ 4] ;

  • 2m @ 20.63g/t Au from 21m (RC24MMT197)[ 5] ;

  • 1m @ 37.20 g/t Au from 33m (DD21MMT005)[ 1] ;

  • 3.54m @ 10.30g/t Au from 0m (ZK8-1)[ 1] ;

  • 1m @ 33.60g/t Au from 162m (DD24MMT192)[ 5] ;

  • 2m @ 16.33g/t Au from 355m (RCDD24MMT151)[ 5] ;

  • 1m @ 31.70g/t Au from 49m (DD21MMT010)[ 1] ;

  • 1m @ 31.4g/t Au from 132m, 0.52% Cu and 0.52 % Zn (RC22MMT073)[ 1] ;

  • 0.3m @ 96g/t Au from 12.7m (ML7)[ 1] ;

  • 2m @ 13.62g/t Au from 54m (RC24MMT251)[ 5] ;

  • 9m @ 3.02g/t Au from 96m (DD24MMT208)[ 5] ;

  • 5.6m @ 4.85g/t Au and 0.67% Cu from 187m including 0.6m @ 31.60 g/t Au 6.04% Cu, 0.16% Pb and 0.25% Zn from 192m (DD22MMT080W0)[2] ;

  • 2m @ 12.49g/t Au from 146m including 1m @ 23.60g/t Au from 146m (RC24MMT155)[ 4] ;

  • 6m @ 4.07g/t Au from 1m (RC24MMT198)[ 5] ;

  • 1m @ 23.10g/t Au from 143m (RC24MMT157)[ 4] ;

  • 0.3m @ 76.5g/t Au from 10.7m (ML6)[ 1] ;

  • 1m @ 21.50g/t Au from 45m (DD24MMT168)[ 5] ;

  • 1m @ 21.30g/t Au from 69m and 1.06% Cu (RC22MMT039)[ 1] ;

  • 7m @ 3.04g/t Au from 138m (RCDD24MMT175)[ 5] ;

  • 1m @ 19.6g/t Au from 122m (RC24MMT191)[ 5] ;

  • 1m @ 13.5g/t Au, 89g/t Ag, 0.74% Pb and 4.33% Zn from 282m (DD24MMT194)[ 5] ;

  • 0.4m @ 17.70g/t Au from 190m (DD22MMT013)[ 1] ;

Refer ASX announcements 28 April 2023[1] , 4 July 2023[2] , 30 October 2023[3] and 28 April 2024[4] , 31 July 2024[5] .

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29 April 2022 Figure 2 | Memot artisanal workings with recent drill collars and significant intersections (purple) previously announced (black and blue) and historic (red)

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Figure 3 | Long section of the Memot resource with previously announced significant intercepts (black) and significant intercepts from the current reporting period (blue)

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Okvau Gold Mine, Cambodia (EMR: 100%)

During the June 2024 Quarter, Emerald commenced a drill program with the primary focus to infill and extend the current (August 2024) open pit resource and underground resource mineralisation (refer ASX announcement 29 August 2024). Drilling during the reporting period targeted mineralisation proximal to the northeastern (Stage 7) of the reserve pit shell. Significant results return include:

  • 11m @ 8.40g/t Au from 91m (RC24OKV644);

  • 7m @ 6.48g/t Au from 35m (RC24OKV642);

  • 8m @ 5.12g/t Au from 79m (DD24OKV589);

  • 5.1m @ 5.51g/t Au from 71m (RCDD24OKV637);

  • 8m @ 3.02g/t Au from 66m (DD24OKV589); and

  • 1m @ 22.09g/t Au from 87m (RCDD24OKV647).

This Quarter Emerald has completed 28 drill collars for 3,697m, 22 of which were RC for 1,848m, 6 of which were 586m of RC pre-collar and 1,263m of diamond core tails. The holes were predominately drilled from the Stage 7 pit floor, approximately 30m below the natural surface. The mineralisation is associated with massive sulphide pyrrhotite, arsenopyrite and pyrite stack vein sets hosted in both diorite and hornfels sedimentary lithologies.

The significant intercepts listed above are either outside the existing resource and likely to extend the known mineralisation or have been intercepted in areas that previous modelling has indicated to be mineralised, enhancing our confidence in the existing resource (refer Figures 4, 5 and 6).

Figure 4 | Plan view of significant drill intersections from Okvau Gold Project (recent results are highlighted in blue; black are historical)

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29 April 2022 Figure 5 | Okvau Underground cross section highlighting significant results, recent results are highlighted in blue; black are historical (refer Appendix Three)

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Figure 6 | Oblique Long Section along the Interpreted Eastern Feeder Zone highlighting significant results previously reported (black highlights) and from the current reporting period (Blue highlight - refer Appendix Three)

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Dingo Range Gold Project, Western Australia (EMR 100%)

The Dingo Range Gold Project consists of 39 exploration licences (including 7 applications) and 4 mining licences covering the majority of the Dingo Range greenstone belt with over 900km² of tenure (refer Figure 7) and has the potential to host multiple standalone deposits or satellite deposits to supply additional ore to a central milling location. It includes the gold mineralised prospects of Boundary, Neptune, Stirling, Hurleys and Bungarra extending over a 6.4km strike length.

Figure 7 | Dingo Range Tenement Map with the prospect locations

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Dingo Range Exploration Drill Program

Drilling results to date (current and historical) continue to demonstrate the continuity of mineralisation at depth and along strike. One air core, two RC percussion drill rigs and one diamond drill rig are currently engaged on site, continuing resource and exploration drilling activities and investigating along strike extensions, as well as drilling other regional targets such as the Great Northern prospect.

During the Quarter, exploration was focussed on further infill and extensional drilling at Great Northern, Boundary, Neptune and Bungarra prospects, completing 51 collars (9,940m) of both RC (8,335m) and diamond core drilling (1,584m). In addition, the Company completed 152 collars (6,782m) of shallow air core (AC) drilling, targeting geochemical and geophysical targets on the largely untested, interpreted mineralised corridor between the Boundary-Bungarra Prospects. Water exploration drill programs targeting potential water supply and proposed infrastructure sterilisation drilling for the planned mined development with 57 collars (2,819m) being completed during the Quarter.

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29 April 2022 Figure 8 | Current drilling completed on mining lease tenement (Plan view)

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Recently returned results from programs continue to demonstrate the continuity of mineralisation at depth and along strike on the Boundary-Bungarra Resource program and Great Northern prospect (located 3km northwest of Boundary) (refer Figure 10 and 12). These include:

  • 11m @ 3.8g/t Au from 219m including 2m @ 16.55g/t Au from 228m (RC24GRN045);

  • 10m @ 2.64g/t Au from 26m (RC24GRN055);

  • 1.27m @ 20.18g/t Au from 155.73m (RCDD24HUR020);

  • 17m @ 1.31g/t Au from 115m (RC24NPT123);

  • 9m @ 2.22g/t Au from 118m (RC24BGA046);

  • 8m @ 2.46g/t Au from 164m (RCDD24HUR020);

  • 1m @ 17.50g/t Au from 116m (RC24BDY219);

  • 1m @ 18.2g/t Au from 248m (RC24GRN058);

  • 5m @ 3.58g/t Au from 256m (RCDD24BDY220);

  • 3m @ 5.52g/t Au from 86m (RC24NPT119); and

  • 7m @ 2.27g/t Au from 96m (RC24NPT121).

Refer to Appendix One.

Drilling on the Great Northern prospect during the Quarter focused on closer spaced 25 and 50 x 100m spacing RC and some diamond drilling on the northern most lines to confirm the orientation of the mineralisation (refer Figure 9).

The mineralisation is associated with multiple, stacked, quartz vein sets located proximal to a granodiorite intrusion into basalt, striking NNW and dipping steeply towards ENE.

Further drilling is planned to continue to infill and extend the interpreted 1km strike of mineralisation which is untested to the North and South, along with the some reconnaissance drilling on the 3km of strike between Great Northern and Boundary (refer Figure 10).

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29 April 2022 Figure 9 | Great Northern Cross section with recent significant results in black (refer Appendix One) and previously announced (in blue). Magenta outlines are the interpreted orientation of the gold mineralisation

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Results from the Boundary-Bungarra Resource program to date continue to delineate mineralised high-grade structures. Historical drilling had only tested to[~] 110m vertical depth (average) with the drilling completed by the Company to date infilling and extending a significant portion of the mineralisation at Boundary, Stirling, Neptune and Hurleys Prospects to ~200-250m vertical.

The mineralisation on Boundary-Bungarra prospects remains open at depth and along strike throughout a significant portion of the prospects (refer Figures 11 and 13).

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29 April 2022 Figure 10 | Great Northern, Boundary, Stirling and Neptune Prospects Drill collars with recent significant results in blue (refer Appendix One) and previously announced in black (Plan view)

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Figure 11 | Oblique Long section view of the Boundary, Neptune and Stirling Prospects Drill Gram metre plot.

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29 April 2022 Figure 12 | Hurleys and Bungarra Drill collars with recent significant results in blue (refer Appendix One) and previously announced in black (Plan view)

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Figure 13 | Oblique Long section view of the Hurleys and Bungarra Gram metre plot with recent significant drill results in black (refer Appendix One)

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Boundary-Bungarra Historic Significant Intersections

The current resource drill program is designed to test the strike and down dip extension of historic significant intersections. These previous drill programs include 84,028m (80,684m RC and 3,344m diamond) completed since 2014 and 45,583m of drilling completed by various previous tenement holders (34,695m RC, 4,587m diamond, 432m AC and 5,869m RAB). Significant intersections over the Boundary-Bungarra Prospects to date include:

Boundary:

  • 5m @ 60.25g/t Au from 171m (WDDH8);

  • 45m @ 6.07g/t Au from 73m (BDRC058);

  • 27m @ 9.34g/t Au from 153m (BDRC035);

  • 53m @ 3.44g/t Au from 66m (WRC17) (EOH);

  • 47m @ 3.42g/t Au from 93m (BDRD0025);

  • 30m @ 5.16g/t Au from 151m (WDDH10);

  • 19m @ 7.89g/t Au from 58m (BRC1002);8m @ 17.14g/t Au from 38m (BDRC060);40m @ 3.17g/t Au from 55m (BDRD0022);27m @ 4.53g/t Au from 62m (BDRC014);9m @ 13.55g/t Au from 42m (WDDH1);30m @ 3.82g/t Au from 179m (BDRD0043);9m @ 12.55g/t Au from 42m (WRC23);27m @ 4.07g/t Au from 62m (BDRD0094);23m @ 4.16g/t Au from 73m (BDRC061);

  • 24m @ 3.88g/t Au from 20m (DRP176) (EOH);

  • 49m @ 1.89g/t Au from 74m (BDRD0061);45m @ 2.01g/t Au from 62m (BDRD0010).

Stirling:

  • 26m @ 5.83g/t Au from 33m (STRD0016);

  • 38m @ 2.62 g/t Au from 16m (SRC7);31m @ 2.75g/t Au from 35m (STRD0008);27m @ 2.30g/t Au from 59m (STRD0007);27m @ 2.25g/t Au from 31m (STRD0019).

Hurleys:

  • 12m @ 3.30g/t Au from 13m (HRRD0020);

  • 12m @ 2.77g/t Au from 47m (HRRD0050);3m @ 9.00g/t Au from 62m (HRRD0062);9m @ 2.27g/t Au from 64m (HRRD0032).

Bungarra:

  • 14m @ 31.46g/t Au from 33m (LAVRD0126);

  • 19m @ 13.41g/t Au from 32m (DRP495);

  • 17m @ 13.28g/t Au from 49m (LAVRD0132);

  • 3m @ 67.37g/t Au from 30m (BFRC15);

  • 5m @ 39.41g/t Au from 31m (LAVRD0133);

  • 9m @ 17.02g/t Au from 33m (BFRC13);

  • 6m @ 23.26g/t Au from 89m (LAVRD0054);9m @ 15.45g/t Au from 39m (LAVRD0142);14m @ 9.74g/t Au from 30m (LAVGW0003);9m @ 14.58g/t Au from 75m (LAVRD0054);6m @ 19.28g/t Au from 53m (LAVRD0135);8m @ 12.38g/t Au from 48m (LAVRD0054);6m @ 16.16g/t Au from 59m (LAVRD0156);4m @ 23.78g/t Au from 49m (LAVGW0002).

Neptune:

  • 26m @ 6.95g/t Au from 40m (NPRD0039);

  • 16m @ 10.10g/t Au from 63m (NPRD0026);25m @ 5.24g/t Au from 0m (NPGC0053);17m @ 7.44g/t Au from 29m (NPRD0007);33m @ 3.82g/t Au from 37m (NPMD1019);40m @ 2.98g/t Au from 14m (NPGC0025);22m @ 4.87g/t Au from 17m (NPRD0056);15m @ 6.60g/t Au from 67m (NPMD1007);3m @ 29.85g/t Au from 45m (NPMD1026);6m @ 14.24g/t Au from 37m (NPGC0018);9m @ 9.44g/t Au from 82m (NPRD0078);9m @ 9.36g/t Au from 7m (NPGC0045).

Refer ASX announcements 30 October 2023, 4 July 2023, 28 April 2023, 31 January 2023, 7 October 2022, 5 July 2022 and 31 January 2023.

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Dingo Range Gold Project Regional Exploration

During the Quarter, 2,031 soil samples were collected across the Dingo Range Gold Project, including 849 samples (refer Figure 14) from the Stables prospect located 8.5km SE of the Bungarra Prospect. The program was designed on a 50 x 100m grid to follow up significant historic gold-in-soil anomalies on the Stables prospect. Results returned (including peak values of 111, 90 and 63 Au ppb) confirmed a continuous 3.4km x 0.85km NNW trending gold anomaly of greater 10ppb gold. The mineralisation is hosted within an ultramafic and has been largely untested by modern exploration drilling techniques. Historic drilling is limited to an average depth of 16m on a wide spaced 400 x 100m grid. Extensional soil sampling program has been planned along with a first pass reconnaissance RC drill program.

Figure 14 | Shallow Soil Sampling program on the Stables Prospect

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This ASX release was authorised on behalf of the Emerald Board by: Morgan Hart Managing Director.

For further information please contact Emerald Resources NL

Morgan Hart Managing Director

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About Emerald Resources NL

Overview

Emerald is a developer and explorer of gold projects. Emerald’s Okvau Gold Mine, Cambodia was commissioned in June 2021 and in full production by September 2021. Emerald has now poured ~350kozs of gold from its operations.

Emerald has significant exploration and resource growth potential in Cambodia through its holdings in a number of other projects which are made up of a combination of granted mining licences (100% owned by Emerald) and interests in joint venture agreements. Together, Emerald’s interests in its Cambodian Projects covers a combined area of 1,428km².

Emerald has significant exploration and resource growth potential in Australia with two highly prospective Western Australian gold projects comprising in excess of 1,300km² of tenure including the Dingo Range Gold Project which covers in excess of 800km² of the entire Dingo Range greenstone belt.

Emerald has a highly experienced management team, undoubtedly one of the best credentialed gold development teams in Australia with a proven history of developing projects successfully, quickly and cost effectively. They are a team of highly competent mining engineers and geologists who have overseen the successful development of gold projects in developing countries such as the Bonikro Gold Project in Cote d’Ivoire for Equigold NL and more recently, Regis Resources Ltd.

Table 1 | Okvau Mineral Resource Estimate (refer to announcement 29 August 2024)

Measured Resources Measured Resources Measured Resources Indicated Resources Indicated Resources Indicated Resources
Inferred Resources

Inferred Resources

Inferred Resources
Total Resources Total Resources Total Resources
Resource Cut Off Tonnage Grade Contained
Tonnage
Grade
Contained

Tonnage
Grade Contained
Tonnage
Grade Contained
Type Au g/t (Mt) (g/t Au)
Au (Koz)
(Mt) (g/t
Au)
Au (Koz) (Mt) (g/t
Au)
Au (Koz) (Mt) (g/t Au)
Au (Koz)
Stockpiles 0.5 3.52 0.84 95 - - - - - - 3.52 0.84 95
Open Pit 0.625 - - - 6.83 2.08
457
0.05 1.59 3 6.88 2.08 460
Underground
3.0
- - - 1.00 6.00
192
1.13 6.00 218 2.13 6.00 410
Total 3.52 0.84 95 7.83 2.58
649
1.18 5.8 221 12.53 2.40 965

*tonnage is rounded to the nearest 10,000t, grade is rounded to the second decimal point and ounces are rounded to the nearest 1,000oz

Table 2 | Okvau Ore Reserve Estimate (refer to announcement 29 August 2024)

Okvau Gold Mine - March 2024 Reserve Estimate Okvau Gold Mine - March 2024 Reserve Estimate Okvau Gold Mine - March 2024 Reserve Estimate Okvau Gold Mine - March 2024 Reserve Estimate
Resources Tonnage Grade Contained Au (oz)
Type (t) (g/t) Au

Proven
3.52
0.84
95
Probable 6.77 2.08 453
Total 10.29 1.66 548

*tonnage is rounded to the nearest 10,000t, grade is rounded to the second decimal point and ounces are rounded to the nearest 1,000oz

Table 3 | Maiden Memot Gold Project Open Pit Resource Estimate (refer to announcement 21 December 2023)

Memot Gold Project Resource Estimate Memot Gold Project Resource Estimate Memot Gold Project Resource Estimate Memot Gold Project Resource Estimate
Measured Resources* Indicated Resources* Inferred Resources* Total Resources
Au Lower Tonnage Grade Contained Tonnage Grade Contained Tonnage Grade Contained Tonnage Grade Contained
Cut off (Mt) (g/t
Au)
(Koz) (Mt) (g/t Au) (Koz) (Mt) (g/t Au) Au (Koz) (Mt) (g/t Au) (Koz)
0.9 - - - - - - 8.0 1.84 470 8.0 1.84 470

*tonnage is rounded to the nearest 100Kt, grade is rounded to the second decimal point and ounces are rounded to the nearest 10,000oz

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Forward Looking Statement

This document contains certain forward looking statements. These forward-looking statements are not historical facts but rather are based on the Company’s current expectations, estimates and projections about the industry in which Emerald Resources operates, and beliefs and assumptions regarding the Company’s future performance. Words such as “anticipates”, “expects”, “intends”, “plans”, “believes”, “seeks”’ “estimates”, “potential” and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to known or unknown risks, uncertainties and other factors, some of which are beyond the control of the Company, are difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward looking statements, which reflect the view of Emerald Resources only as of the date of this announcement. The forward looking statements made in this release relate only to events as of the date on which the statements are made. Emerald Resources will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances or unanticipated events occurring after the date of this announcement except as required by law or by any appropriate regulatory authority. This document has been prepared in compliance with the current JORC Code 2012 Edition and the ASX listing Rules.

The Company believes that is has a reasonable basis for making the forward-looking statements in this announcement, including with respect to any production targets and financial estimates, based on the information contained in this announcement. Reference is made to ASX Announcements dated 1 May 2017 and 26 November 2019. All material assumptions underpinning the production target, or the forecast financial information continue to apply and have not materially changed. 100% of the production target referred to in this announcement is based on Probable Ore Reserves.

Emerald has a highly experienced management team, undoubtedly one of the best credentialed gold development teams in Australia with a proven history of developing projects successfully, quickly and cost effectively. They are a team of highly competent mining engineers and geologists who have overseen the successful development of gold projects in developing countries such as the Bonikro Gold Project in Cote d’Ivoire for Equigold NL and more recently, Regis Resources Ltd.

Competent Persons Statements

The information in this report that relates to Dingo Range Exploration and Drill Results (Appendix One) and Cambodian Recent Drilling (Appendix Three) is based on information compiled by Mr Keith King, who is an employee to the Company and who is a Member of The Australasian Institute of Mining & Metallurgy. Mr Keith King has sufficient experience which is relevant to the style of mineralisation and type of deposits under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Keith King has reviewed the contents of this release and consents to the inclusion in this announcement of all technical statements based on his information in the form and context in which it appears.

Mr King has reviewed the contents of this news release and consents to the inclusion in this announcement of all technical statements based on his information in the form and context in which it appears.

No New Information

To the extent that announcement contains references to prior exploration results and Mineral Resource estimates, which have been cross referenced to previous market announcements made by the Company, unless explicitly stated, no new material information is contained. The Company confirms that it is not aware of any new information or data that materially affects the information included in the relevant market announcements and, in the case of estimates of Mineral Resources that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed.

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Appendix One | New Drill Results from Recent Drilling at Boundary, Bungarra, Great Northern, Hurleys or Neptune Prospects (>2 gram metre Au)

Prospect Hole Name Easting Northing RL Azi Dip End
Depth
(m)
From
(m)
To (m) Interval
(m)
Gold
g/t
Great Northern RC24GRN045 343,168 6,975,624 488 247 -60 252 219 230 11.0 3.80
Great Northern RC24GRN055 343,117 6,975,594 488 244 -60 204 26 36 10.0 2.64
Neptune RC24NPT123 345,301 6,971,327 500 223 -59 282 115 132 17.0 1.31
Bungarra RC24BGA046 348,563 6,968,166 502 225 -76 182 118 127 9.0 2.22
Hurleys RCDD24HUR020 348,029 6,969,335 509 53 -60 225 164 172 8.0 2.46
Boundary RC24BDY219 345,056 6,972,020 493 258 -60 174 116 117 1.0 17.50
Great Northern RC24GRN058 343,213 6,975,539 487 241 -60 252 248 249 1.0 18.20
Boundary RCDD24BDY220 345,279 6,972,237 496 269 -60 426 256 261 5.0 3.58
Neptune RC24NPT119 345,179 6,971,379 498 216 -60 90 86 89 3.0 5.52
Neptune RC24NPT121 345,207 6,971,354 498 225 -60 156 96 103 7.0 2.27
Great Northern RC24GRN054 343,246 6,975,609 488 243 -60 126 43 44 1.0 15.00
Hurleys RCDD23HUR015 348,012 6,969,381 510 47 -59 223 126 131.5 5.5 2.78
Boundary RCDD24BDY220 345,279 6,972,237 496 269 -60 426 287 302 15.0 0.85
Great Northern RC24GRN055 343,117 6,975,594 488 244 -60 204 148 149 1.0 11.60
Hurleys RCDD24HUR030 348,034 6,969,398 510 58 -60 228 154 157.15 3.2 3.92
Freeman's Find RC24FMF034 347,412 6,964,088 490 274 -61 151 90 92 2.0 5.03
Great Northern RC24GRN053 343,205 6,975,588 488 243 -60 198 19 23 4.0 2.55
Great Northern RC24GRN058 343,213 6,975,539 487 241 -60 252 74 86 12.0 0.71
Neptune RC24NPT120 345,184 6,971,354 498 226 -61 132 35 40 5.0 1.72
Hurleys RCDD23HUR016 347,941 6,969,384 510 46 -61 277 211.53 212.1 0.6 16.20
Boundary RCDD24BDY220 345,279 6,972,237 496 269 -60 426 275 282 7.0 1.33
Bungarra RC24BGA048 348,276 6,968,512 505 92 -56 150 121 122 1.0 7.61
Great Northern RC24GRN062 343,291 6,975,116 487 243 -60 192 189 190 1.0 8.37
Hurleys RCDD24HUR028 347,958 6,969,404 511 47 -61 229 85 95 10.0 0.83
Hurleys RCDD24HUR030 348,034 6,969,398 510 58 -60 228 83 93 10.0 0.84
Bungarra RC24BGA048 348,276 6,968,512 505 92 -56 150 74 78 4.0 1.79
Great Northern RC24GRN053 343,205 6,975,588 488 243 -60 198 154 165 11.0 0.62
Hurleys RCDD23HUR015 348,012 6,969,381 510 47 -59 223 178.45 181 2.6 2.79
Great Northern RC24GRN039 343,199 6,975,415 486 62 -61 175 108 116 8.0 0.74
Great Northern RC24GRN053 343,205 6,975,588 488 243 -60 198 130 131 1.0 5.54
Great Northern RC24GRN061 343,267 6,975,567 487 242 -60 258 133 136 3.0 2.07
Great Northern RC24GRN065 343,256 6,975,081 484 244 -60 192 106 108 2.0 2.77
Neptune RC24NPT122 345,294 6,971,299 499 226 -60 204 104 109 5.0 1.11
Stirling RC24STI065 345,810 6,970,772 505 230 -60 150 130 136 6.0 0.96
Great Northern RC24GRN045 343,168 6,975,624 488 247 -60 252 75 76 1.0 4.83
Great Northern RC24GRN052 343,186 6,975,572 488 239 -60 210 155 164 9.0 0.50
Great Northern RC24GRN066 343,537 6,974,536 488 242 -60 180 158 159 1.0 5.10
Neptune RC24NPT122 345,294 6,971,299 499 226 -60 204 91 94 3.0 1.71
Neptune RC24NPT124 345,284 6,971,369 499 231 -60 222 141 147 6.0 0.85
Stirling RC24STI066 345,790 6,970,789 505 231 -60 168 143 149 6.0 0.89
Hurleys RCDD23HUR016 347,941 6,969,384 510 46 -61 277 177 184 7.0 0.76
Hurleys RCDD23HUR016 347,941 6,969,384 510 46 -61 277 200.5 201 0.5 10.40
Hurleys RCDD23HUR016 347,941 6,969,384 510 46 -61 277 239 241 2.0 2.48
Boundary RCDD24BDY200 345,385 6,971,802 495 264 -61 442 326 333 7.0 0.73

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Great Northern
RC24GRN041 343,128 6,975,360 486 62 -61 187 153 161 8.0 0.51
Great Northern RC24GRN045 343,168 6,975,624 488 247 -60 252 37 38 1.0 4.10
Great Northern RC24GRN045 343,168 6,975,624 488 247 -60 252 195 196 1.0 3.81
Great Northern RC24GRN052 343,186 6,975,572 488 239 -60 210 86 87 1.0 3.86
Great Northern RC24GRN052 343,186 6,975,572 488 239 -60 210 96 100 4.0 0.91
Great Northern RC24GRN052 343,186 6,975,572 488 239 -60 210 105 106 1.0 4.03
Great Northern RC24GRN052 343,186 6,975,572 488 239 -60 210 122 123 1.0 4.06
Great Northern RC24GRN058 343,213 6,975,539 487 241 -60 252 159 161 2.0 2.23
Great Northern RC24GRN062 343,291 6,975,116 487 243 -60 192 122 126 4.0 1.11
Great Northern RC24GRN064 343,419 6,975,188 488 242 -60 156 45 46 1.0 3.80
Great Northern RC24GRN064 343,419 6,975,188 488 242 -60 156 145 151 6.0 0.74
Neptune RC24NPT121 345,207 6,971,354 498 225 -60 156 52 59 7.0 0.58
Neptune RC24NPT123 345,301 6,971,327 500 223 -59 282 252 253 1.0 3.71
Hurleys RCDD24HUR028 347,958 6,969,404 511 47 -61 229 201.83 204 2.2 1.94
Bungarra RC24BGA042 348,551 6,968,201 502 229 -61 246 190 193 3.0 0.92
Freeman's Find RC24FMF034 347,412 6,964,088 490 274 -61 151 21 25 4.0 0.73
Freeman's Find RC24FMF034 347,412 6,964,088 490 274 -61 151 118 121 3.0 0.92
Great Northern RC24GRN040 343,159 6,975,390 486 64 -61 205 83 87 4.0 0.72
Great Northern RC24GRN041 343,128 6,975,360 486 62 -61 187 105 110 5.0 0.54
Great Northern RC24GRN053 343,205 6,975,588 488 243 -60 198 193 194 1.0 3.45
Great Northern RC24GRN055 343,117 6,975,594 488 244 -60 204 79 80 1.0 2.92
Great Northern RC24GRN058 343,213 6,975,539 487 241 -60 252 17 20 3.0 0.92
Great Northern RC24GRN058 343,213 6,975,539 487 241 -60 252 37 39 2.0 1.57
Great Northern RC24GRN063 343,328 6,975,138 488 243 -61 192 137 138 1.0 3.25
Great Northern RC24GRN065 343,256 6,975,081 484 244 -60 192 58 59 1.0 2.68
Great Northern RC24GRN065 343,256 6,975,081 484 244 -60 192 77 78 1.0 3.17
Neptune RC24NPT120 345,184 6,971,354 498 226 -61 132 64 67 3.0 1.02
Boundary RCDD23BDY042 345,377 6,971,925 495 270 -60 454 372 378 6.0 0.54
Boundary RC24BDY213 345,014 6,971,962 494 263 -60 119 105 106 1.0 1.96
Boundary RC24BDY216 345,081 6,972,076 492 261 -60 204 131 133 2.0 0.89
Bungarra RC24BGA047 348,575 6,968,235 502 228 -73 240 131 132 1.0 2.43
Great Northern RC24GRN039 343,199 6,975,415 486 62 -61 175 63 64 1.0 2.48
Great Northern RC24GRN039 343,199 6,975,415 486 62 -61 175 72 75 3.0 0.72
Great Northern RC24GRN041 343,128 6,975,360 486 62 -61 187 128 129 1.0 1.67
Great Northern RC24GRN045 343,168 6,975,624 488 247 -60 252 116 118 2.0 0.94
Great Northern RC24GRN045 343,168 6,975,624 488 247 -60 252 127 130 3.0 0.77
Great Northern RC24GRN051 343,161 6,975,556 488 241 -60 48 44 46 2.0 0.77
Great Northern RC24GRN052 343,186 6,975,572 488 239 -60 210 171 172 1.0 2.15
Great Northern RC24GRN052 343,186 6,975,572 488 239 -60 210 189 191 2.0 0.92
Great Northern RC24GRN053 343,205 6,975,588 488 243 -60 198 55 56 1.0 1.96
Great Northern RC24GRN054 343,246 6,975,609 488 243 -60 126 98 99 1.0 2.46
Great Northern RC24GRN058 343,213 6,975,539 487 241 -60 252 99 101 2.0 1.21
Great Northern RC24GRN058 343,213 6,975,539 487 241 -60 252 185 188 3.0 0.56
Great Northern RC24GRN058 343,213 6,975,539 487 241 -60 252 225 227 2.0 0.96
Great Northern RC24GRN058 343,213 6,975,539 487 241 -60 252 237 238 1.0 2.15
Great Northern RC24GRN059 343,254 6,975,565 487 240 -60 84 41 42 1.0 2.09
Great Northern RC24GRN062 343,291 6,975,116 487 243 -60 192 32 33 1.0 1.65
Great Northern RC24GRN062 343,291 6,975,116 487 243 -60 192 56 57 1.0 2.22

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Great Northern
RC24GRN063 343,328 6,975,138 488 243 -61 192 89 91 2.0 0.85
Great Northern RC24GRN064 343,419 6,975,188 488 242 -60 156 89 90 1.0 2.46
Neptune RC24NPT120 345,184 6,971,354 498 226 -61 132 25 28 3.0 0.60
Stirling RC24STI067 345,758 6,970,825 504 230 -61 192 161 164 3.0 0.77
Hurleys RCDD23HUR015 348,012 6,969,381 510 47 -59 223 157 157.38 0.4 6.44
Boundary RCDD24BDY138 345,179 6,972,241 493 269 -61 282 197 198 1.0 1.58
Hurleys RCDD24HUR028 347,958 6,969,404 511 47 -61 229 174.4 178.8 4.4 0.54
Hurleys RCDD24HUR029 347,920 6,969,446 512 50 -60 241 234 235 1.0 1.76
Boundary RCWE24BDY221 345,314 6,972,007 494 25 -89 114 79 80 1.0 1.61

Appendix Two | JORC Code, 2012 Edition | ‘Table 1’ Report

Section 1 Sampling Techniques and Data from Recent Drilling Boundary, Bungarra, Great Northern, Hurleys or Neptune Prospects

(Criteria in this section apply to all succeeding sections)

  • Criteria JORC Code explanation Commentary Sampling techniques • Nature and quality of sampling (eg cut channels, random • Standards are inserted at regular intervals in sample batches chips, or specific specialised industry standard measurement to test laboratory performance. tools appropriate to the minerals under investigation, such as • All reverse circulation (RC) drilling is used to collect both a down hole gamma sondes, or handheld XRF instruments, 4m composite and 1m samples in the precollar. The 4m etc). These examples should not be taken as limiting the composite are determined based on areas of known very low broad meaning of sampling. or background mineralisation or geological assessment at

  • • Include reference to measures taken to ensure sample the rig. The 4m program composites are taken from the representivity and the appropriate calibration of any excess bagged material off the cone splitter taken every 1m. measurement tools or systems used. A spear sampling technique is then used to produce a 3-5kg

  • • Aspects of the determination of mineralisation that are composite sample. The 1m samples are split with a cone Material to the Public Report. splitter at the drill rig to produce a 3-5kg sub-sample. These

  • • In cases where ‘industry standard’ work has been done this 1m samples are submitted after the results of the 4m would be relatively simple (eg ‘reverse circulation drilling was composites are received to identify the zones of used to obtain 1 m samples from which 3 kg was pulverised mineralisation. to produce a 30g charge for fire assay’). In other cases, more • Diamond core was sampled using half-core where the core explanation may be required, such as where there is coarse is cut in half down the longitudinal axis and sample intervals gold that has inherent sampling problems. Unusual were determined by the geologist based on lithological commodities or mineralisation types (eg submarine nodules) contacts, with most of the sample intervals being 1 metre in may warrant disclosure of detailed information. length. In areas of no mineralised (negligible amounts of alteration/sulphides typically present with mineralisation) a 2m composite was submitted.

  • Soil samples (approximately 100g) are collected to avoid any surface contamination from shallow (generally +/-1-10cm deep) shovel holes to selectively sample A-B horizon soil material and are used to define areas of interest and mineralised system footprints.

  • • Soil sample preparation is carried out at a commercial offsite laboratory (Bureau Veritas Canning Vale, Australia). Gold and multi-element assays are conducted at Bureau Veritas Canning Vale laboratory, utilising a 40 gram subsample of 90% passing 75µm pulped sample digested by Aqua Regia and analysed by ICP-MS or ICP-AES.

  • The drill program used SGS Laboratories, Kalgoorlie and Bureau Veritas Kalgoorlie for RC and diamond samples:

  • • SGS – samples crushed and milled to <75µm and assayed using fire assay (50g) with additional AAS.

  • Bureau Veritas – samples crushed and milled to <75µm (90% pass) and assayed using fire assay (40g) with additional AAS.

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Criteria
JORC Code explanation Commentary
Drilling techniques
Drill type (eg core, reverse circulation, open-hole hammer,
rotary air blast, auger, Bangka, sonic, etc) and details (e.g.
core diameter, triple or standard tube, depth of diamond
tails, face-sampling bit or other type, whether core is oriented
and if so, by what method, etc).

A Schramm 685 drill rig with a 5.5-inch hammer and a
Schramm 450 with a 5.375-inch hammer is used for RC
drilling.

5 3/8 hole were used to drill the RC holes. A UDR1000 rig is
used to drill NQ2 diamond Core.

All holes were downhole surveyed using a gyroscopic survey
tool (a REFLEX GYRO SPRINT-IQ™). A typical downhole
survey was taken at 10m depth to the end of hole. All
readings showed that down hole deviations were within
acceptable limits.
Drill sample recovery
Method of recording and assessing core and chip sample
recoveries and results assessed.

Measures taken to maximise sample recovery and ensure
representative nature of the samples.

Whether a relationship exists between sample recovery and
grade and whether sample bias may have occurred due to
preferential loss/gain of fine/coarse material.

RC drill sample recovery averaged better than 99%.
Logging
Whether core and chip samples have been geologically and
geotechnically logged to a level of detail to support
appropriate Mineral Resource estimation, mining studies and
metallurgical studies.

Whether logging is qualitative or quantitative in nature. Core
(or costean, channel, etc) photography.

The total length and percentage of the relevant intersections
logged.

All RC chips and diamond core is routinely logged
(qualitatively) by a geologist, to record details of regolith
(oxidation), lithology, structure, mineralization and/or
veining, and alteration. All logging and sampling data are
captured into a database, with appropriate validation and
security features.
Sub-sampling
techniques and
sample preparation

If core, whether cut or sawn and whether quarter, half or all
core taken.

If non-core, whether riffled, tube sampled, rotary split, etc
and whether sampled wet or dry.

For all sample types, the nature, quality and appropriateness
of the sample preparation technique.

Quality control procedures adopted for all sub-sampling
stages to maximise representivity of samples.

Measures taken to ensure that the sampling is representative
of the in-situ material collected, including for instance results
for field duplicate/second-half sampling.

Whether sample sizes are appropriate to the grain size of the
material being sampled.

Most samples are dry and there is no likelihood of
compromised results due to moisture.

This sample technique is industry standard and is deemed
appropriate for the material.

All RC samples were put through a fixed cone splitter at 1m
intervals with the sample reduced to between a 2kg to 5kg
sample.

The drilling used SGS Laboratories, Kalgoorlie and Bureau
Veritas, Kalgoorlie for RC samples: SGS– samples are dried
at 105° Celsius, crushed and milled to 85% passing -75µm.
Assay was 50g fire assay with AAS finish for gold. Bureau
Veritas– samples are dried at 105° Celsius, crushed and
milled to 90% passing -75µm. Assay was 40g fire assay with
AAS finish for gold.
Quality of assay data
and laboratory tests

The nature, quality and appropriateness of the assaying and
laboratory procedures used and whether the technique is
considered partial or total.

For geophysical tools, spectrometers, handheld XRF
instruments, etc, the parameters used in determining the
analysis including instrument make and model, reading
times, calibrations factors applied and their derivation, etc.

Nature of quality control procedures adopted (eg standards,
blanks, duplicates, external laboratory checks) and whether
acceptable levels of accuracy (ie lack of bias) and precision
have been established.

All samples are sent to the accredited SGS Laboratories,
Kalgoorlie 50g fire assay with AAS finish for gold or the
accredited Bureau Veritas laboratory in Kalgoorlie for 40g
fire assay with AAS finish for gold. These methods have a
lower detection limit of 0.01ppm gold.

Industry-standard QAQC protocols are routinely followed
for all sample batches sent for assay, which includes the
insertion of commercially available pulp CRMs at rate of 1
for every 20 field samples and pulp blanks at a rate of 1 for
every 50 field samples. Field duplicates were collected at the
rig, directly from the cyclone at a rate of one in every 50
samples for the entire program.

QAQC data are routinely checked before any associated
assay results are reviewed for interpretation.

All assay data, including internal and external QA/QC data
and control charts of standard, replicate and duplicate assay
results, are communicated electronically.
Verification of
sampling and
assaying

The verification of significant intersections by either
independent or alternative company personnel.

The use of twinned holes.

Documentation of primary data, data entry procedures, data
verification, data storage (physical and electronic) protocols.

Discuss any adjustment to assay data.

All field data associated with sampling, and all associated
assay and analytical results, are archived in a relational
database, with industry-standard verification protocols in
place.

The calculations of all significant intercepts (for drill holes)
are routinely checked by senior management.

Data verification and validation procedures undertaken
included checks on collar position against design and site
survey collar pick-ups by Licenced on site surveyors. Hole
depths were cross-checked in the geology logs, down hole
surveys, sample sheets and assay reports to ensure
consistency. All down hole surveys were exposed to rigorous
QAQC and drill traces were plotted in 3D for validation and
assessment of global deviation trends.

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Criteria
JORC Code explanation Commentary
Location of data
points

Accuracy and quality of surveys used to locate drill holes
(collar and down-hole surveys), trenches, mine workings and
other locations used in Mineral Resource estimation.

Specification of the grid system used.

Quality and adequacy of topographic control.

The grid system used is MGA_94. The creation of the
topographic surface is based on a site survey pick-up in
March 2014 by GEMS (Glockner Engineering and Mining
Services, licenced Australian surveyors) and again in July
2014, August 2015, August 2017, December 2023 and July
2024 of all drill holes and surface contour points in GDA_94.

Collars drilled prior to 20 December 2023 have been picked
up using Trimble RTK DGPS by Insight UAS authorised
surveyors. Drillholes drilled after 20 December 2023 have
been picked up using a hand GPS. These collars will continue
to be picked up using DGPS in future survey campaigns. It is
the intention to use a licenced surveyor with DGPS
equipment to pick up relevant collars prior to any resource
calculation.

All drill holes were downhole surveyed using a gyroscopic
survey tool (a REFLEX GYRO SPRINT-IQ™) and are routinely
undertaken at~5m intervals for the drilling.
Data spacing and
distribution

Data spacing for reporting of Exploration Results.

Whether the data spacing and distribution is sufficient to
establish the degree of geological and grade continuity
appropriate for the Mineral Resource and Ore Reserve
estimation procedure(s) and classifications applied.

Whether sample compositing has been applied.

This drill spacing is considered to be sufficient to establish
geological and grade continuity appropriate for the
declaration of estimates of resources.

The drill program adopted a standard sample length of
1.0m.
Orientation of data
in relation to
geological structure

Whether the orientation of sampling achieves unbiased
sampling of possible structures and the extent to which this
is known, considering the deposit type.

If the relationship between the drilling orientation and the
orientation of key mineralised structures is considered to
have introduced a sampling bias, this should be assessed and
reported if material.

Drill holes are usually designed to intersect target structures
with a “close-to-orthogonal” intercept.

Most of the drill holes intersect the mineralised zones at
sufficient angle for the risk of significant sampling
orientation bias to be low.
Sample security
The measures taken to ensure sample security.

All RC samples were sampled as single 1m calico samples,
each with a unique sample number. These calicos were
collected from the drill sites in allotments of 1 tonne bulka
bags. These bulka bags were loaded by field staff and
delivered to SGS Kalgoorlie or Bureau Veritas by road
transport supplied by the relevant laboratory. Zones of
waste a sampled as a composite sample using the spear
sampling technique. If the composite returns an anomalous
value, the individual 1m samples (collected and stored at the
time of drilling) are submitted for analysis.

Soil sample preparation is carried out at a commercial off-
site laboratory (Bureau Veritas Canning Vale, Australia). Gold
and multi-element assays are conducted at Bureau Veritas
Canning Vale laboratory, utilising a 40 gram subsample of
90% passing 75µm pulped sample digested by Aqua Regia
and analysed by ICP-MS or ICP-AES.
Audits or reviews
The results of any audits or reviews of sampling techniques
and data.

All QAQC data are reviewed routinely, batch by batch, and
on a quarterly basis to conduct trend analyses, etc. Any
issues arising are dealt with immediately and problems
resolved before results are interpreted and/or reported.

Keith King completed his most recent site visit and lab audit
of both the SGS Kalgoorlie and Bureau Veritas Kalgoorlie
laboratoriesinSeptember 2023.

Section 2 Reporting of Exploration Results from Boundary, Bungarra, Great Northern, Hurleys or Neptune Prospects

(Criteria listed in the preceding section also apply to this section)

Criteria Explanation Commentary
Mineral tenement and
land tenure status

Type, reference name/number, location and ownership
including agreements or material issues with third parties
such as joint ventures, partnerships, overriding royalties,
native title interests, historical sites, wilderness or national
park and environmental settings.

The security of the tenure held at the time of reporting along
with any known impediments to obtaining a licence to
operate in the area.

The prospects within the Dingo Range Gold Project are
100% held by Emerald Resources NL’s wholly owned
subsidiary, Emerald Resources (WA) Pty Ltd or by its wholly
owned subsidiaries.

The tenure is considered to be secure.
Exploration done by
other parties

Acknowledgment and appraisal of exploration by other
parties.

Historical drilling was conducted between 1989 – 2005 by
companies Julia Mines NL, Eagle Mining NL, Deep Yellow
NL and Korab Resources Ltd.
Geology
Deposit type, geological setting and style of mineralisation.

Geology comprises a basalt country rock and BIF with
intrusions of various composition and ages. All Boundary
prospects are associated with an approximately 45 degree
to subvertical dipping mineralised lode (or sheets) that
have formed in association with the basalt/BIF contact and
Orogenic hydrothermal mineralisation typical of the WA
goldfields. Gold Mineralisation is as shallow as a few
metres below surface, extends to some 300m below
surface and is open at depth.

The weathering profile displays a surface laterite, followed
by clay/saprolite weathering predominately in association
with the weathered basalt. Saprock is encountered earlier

Page 20 of 35

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~~29 April 2022~~
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Criteria
Explanation Commentary
in association with weathered BIF. Global fresh rock is
encountered from 70m down hole, but weathering is not
well advanced at Neptune and hard saprock and fresh rock
are encountered in more shallow horizons.
Drill hole Information
A summary of all information material to the understanding
of the exploration results including a tabulation of the
following information for all Material drill holes:
-
easting and northing of the drill hole collar;
-
elevation or RL (Reduced Level – elevation above sea
level in meters) of the drill hole collar;
-
dip and azimuth of the hole;
-
down hole length and interception depth;
-
hole length.
If the exclusion of this information is justified on the basis
that the information is not Material and this exclusion does
not detract from the understanding of the report, the
Competent Person should clearly explain why this is the case.

Details of significant drilling results are shown in Appendix
One.
Data aggregation
methods

In reporting Exploration Results, weighting averaging
techniques, maximum and/or minimum grade truncations
(eg cutting of high grades) and cut-off grades are usually
Material and should be stated.

Where aggregate intercepts incorporate short lengths of
high grade results and longer lengths of low grade results,
the procedure used for such aggregation should be stated
and some typical examples of such aggregations should be
shown in detail.

The assumptions used for any reporting of metal equivalent
values should be clearly stated.

No high grade top cuts have been applied.

The reported significant intersections in Appendix One are
above 2 gram metre intersections and allow for up to 4m
of internal dilution with a lower cut trigger values of
greater than 0.5g/t.
Relationship between
mineralisation widths
and intercept lengths

These relationships are particularly important in the
reporting of Exploration Results.

If the geometry of the mineralisation with respect to the drill
hole angle is known, its nature should be reported.

If it is not known and only the down hole lengths are
reported, there should be a clear statement to this effect (eg
‘down hole length, true width not known’).

All reported intersections are down hole lengths. True
widths are unknown and vary depending on the
orientation of target structures.
Diagrams
Appropriate maps and sections (with scales) and tabulations
of intercepts should be included for any significant discovery
being reported These should include, but not be limited to a
plan view of drill hole collar locations and appropriate
sectional views.

Appropriate maps and sections are included in the body
of this release.
Balanced reporting
Where comprehensive reporting of all Exploration Results is
not practicable, representative reporting of both low and
high grades and/or widths should be practiced to avoid
misleading reporting of Exploration Results.

All significant drilling results being intersections with a
minimum 2 gram metre values are reported in Appendix
One.
Other substantive
exploration data

Other exploration data, if meaningful and material, should be
reported including (but not limited to): geological
observations; geophysical survey results; geochemical survey
results; bulk samples – size and method of treatment;
metallurgical test results; bulk density, groundwater,
geotechnical and rock characteristics; potential deleterious
or contaminating substances.

Surface geological mapping and detailed structural
interpretation have helped inform the geological models.
Further work
The nature and scale of planned further work (eg tests for
lateral extensions or depth extensions or large-scale step-out
drilling).

Diagrams clearly highlighting the areas of possible
extensions, including the main geological interpretations and
future drilling areas, provided this information is not
commercially sensitive.

Additional drilling programs are being planned across all
exploration licences.

Page 21 of 35

==> picture [137 x 33] intentionally omitted <==

29 April 2022

Appendix Three | New Significant Intercepts - Okvau and Memot Resource definition infill. (Note: Assays are still pending for Ag, Cu, Pb and Zn)(>2 gram metre Au or anomalous Ag, Cu, Pb or Zn values)

Prospect Hole Name Easting
IND60
Northing
IND60
RL Azi Dip End
Depth
(m)
From (m) To (m) Interval
(m)
Gold g/t
Okvau RC24OKV644 694,711 1,396,836 110 135 -81 130 91 102 11.0 8.40
Okvau RC24OKV642 694,683 1,396,835 110 315 -60 60 35 42 7.0 6.48
Okvau DD24OKV589 694,667 1,396,840 110 180 -60 127 79 87 8.0 5.12
Okvau RC24OKV678 694,537 1,396,713 80 315 -60 140 81 102 21.0 1.84
Okvau RC24OKV581 694,657 1,396,948 130 315 -76 151 4 12 8.0 3.94
Okvau RCDD24OKV637 694,679 1,396,856 110 184 -62 202 70.9 76 5.1 5.51
Okvau DD24OKV589 694,667 1,396,840 110 180 -60 127 66 74 8.0 3.02
Okvau RCDD24OKV647 694,633 1,396,489 160 312 -64 470 87 88 1.0 22.09
Okvau RCDD24OKV590 694,730 1,396,736 160 315 -65 372 255 259 4.0 4.56
Okvau RC24OKV678 694,537 1,396,713 80 315 -60 140 60 62 2.0 8.25
Okvau RC24OKV597 694,700 1,396,875 110 315 -60 130 73 80 7.0 2.15
Okvau RC24OKV649 694,689 1,396,824 110 135 -77 144 79 82 3.0 3.21
Okvau RC24OKV584 694,716 1,396,860 110 315 -58 165 81 86 5.0 1.84
Okvau RCDD24OKV637 694,679 1,396,856 110 184 -62 202 104 113 9.0 0.94
Okvau DD24OKV589 694,667 1,396,840 110 180 -60 127 24 29 5.0 1.59
Okvau RC24OKV585 694,712 1,396,841 115 315 -78 120 69 73 4.0 2.08
Okvau RCDD24OKV637 694,679 1,396,856 110 184 -62 202 60 70 10.0 0.84
Okvau RCDD24OKV647 694,633 1,396,489 160 312 -64 470 342 348 6.0 1.35
Okvau RC24OKV678 694,537 1,396,713 80 315 -60 140 46 49 3.0 2.21
Okvau RCDD24OKV635 694,664 1,396,868 110 225 -60 303 176 177 1.0 5.93
Okvau RC24OKV577 694,625 1,396,815 131 315 -80 50 40 41 1.0 4.63
Okvau RC24OKV597 694,700 1,396,875 110 315 -60 130 15 16 1.0 5.40
Okvau RC24OKV584 694,716 1,396,860 110 315 -58 165 107 108 1.0 3.73
Okvau RCDD24OKV590 694,730 1,396,736 160 315 -65 372 157 159 2.0 1.95
Okvau RC24OKV581 694,657 1,396,948 130 315 -76 151 52 55 3.0 1.06
Okvau RC24OKV581 694,657 1,396,948 130 315 -76 151 98 99 1.0 2.76
Okvau RC24OKV597 694,700 1,396,875 110 315 -60 130 87 89 2.0 1.42
Okvau RC24OKV643 694,682 1,396,827 110 315 -60 145 83 85 2.0 1.61
Okvau RC24OKV649 694,689 1,396,824 110 135 -77 144 95 97 2.0 1.48
Okvau RC24OKV584 694,716 1,396,860 110 315 -58 165 118 122 4.0 0.51
Okvau RC24OKV585 694,712 1,396,841 115 315 -78 120 33 36 3.0 0.63
Okvau RC24OKV597 694,700 1,396,875 110 315 -60 130 95 96 1.0 1.77
Okvau RC24OKV597 694,700 1,396,875 110 315 -60 130 105 108 3.0 0.71
Okvau RC24OKV643 694,682 1,396,827 110 315 -60 145 115 116 1.0 1.58
Okvau RC24OKV644 694,711 1,396,836 110 135 -81 130 125 127 2.0 1.10
Okvau RC24OKV678 694,537 1,396,713 80 315 -60 140 11 12 1.0 1.87
Okvau RCDD24OKV635 694,664 1,396,868 110 225 -60 303 15 16 1.0 2.07
Okvau RCDD24OKV647 694,633 1,396,489 160 312 -64 470 330 331 1.0 2.46

Page 22 of 35

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~~29 April 2022~~
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~~29 April 2022~~

Prospect

Hole Name
Easting
WGS84
Northing
WGS84
RL Azi Dip End
Depth
(m)
From
(m)
To
(m)
Interval
(m)
Gold
g/t
Silver
(g/t)
Copper
(ppm)
Lead
(ppm)
Zinc
(ppm)
Memot DD24MMT256 633,623 1,317,849 49 225 -64 445 193 202 9.0 12.61 2.21 373 15 92
including 197 198 1.0 64.50 2.80 103 0 21
Memot DD24MMT298 633,666 1,317,783 46 233 -70 375 99 99.8 0.8 63.30 4.00 238 13 43
Memot DD24MMT219 633,700 1,317,722 48 225 -63 384 214 215.1 1.1 44.30 13.20 702 256 469
Memot DD24MMT292 633,641 1,317,762 45 225 -60 371 246.4 261.6 15.2 3.11 4.99 1,981 42 112
including 252 253 1.0 29.90 18.60 5,470 67 326
Memot RCDD24MMT269 633,625 1,317,810 48 225 -65 361 206.2 207.7 1.5 27.00 38.64 5,407 959 577
Memot DD24MMT259 633,636 1,317,999 47 225 -67 373 109 111 2.0 20.05 0.73 78 2 40
Memot DD24MMT299 633,654 1,317,698 47 225 -80 397 278.8 287.2 8.4 4.74 2.59 355 175 762
including 278.8 279.4 0.6 28.10 2.10 307 5 41
Memot DD24MMT290 633,460 1,317,886 47 40 -88 327 280.8 281.8 1.0 38.70 1.10 95 7 110
Memot RCDD24MMT197 633,693 1,317,844 49 225 -60 393 288 289.1 1.1 33.30 25.10 1,730 483 2,060
Memot DD24MMT279 633,599 1,317,895 50 225 -59 377 131 132 1.0 35.10 12.00 147 244 201
Memot DD24MMT287 633,654 1,317,773 46 225 -65 383 197 220.8 23.8 1.47 2.25 689 21 171
Memot RCDD24MMT172 633,648 1,318,151 45 225 -70 391 226 227 1.0 32.60 39.00 2,810 341 195
Memot RCDD24MMT197 633,693 1,317,844 49 225 -60 393 365 366 1.0 28.50 2.50 714 10 26
Memot DD24MMT287 633,654 1,317,773 46 225 -65 383 294.6 296.6 2.0 14.13 8.54 278 294 425
Memot DD24MMT301 633,460 1,317,883 47 230 -80 375 187.8 192.4 4.6 6.02 - - - -
Memot RCDD24MMT266 633,655 1,317,912 49 225 -72 391 252 253.1 1.1 25.00 9.90 331 195 1,545
Memot DD24MMT272 633,662 1,317,885 49 225 -63 387 135 136 1.0 27.50 3.80 311 10 18
Memot RCDD24MMT195 633,761 1,317,843 49 225 -55 381 234.6 235.2 0.6 45.30 6.90 768 58 69
Memot DD24MMT294 633,590 1,317,769 46 230 -61 313 115 115.6 0.6 44.60 4.50 461 14 53
Memot DD24MMT221 633,675 1,317,756 46 225 -60 336 242 260 18.0 1.39 3.49 1,026 70 261
Memot DD24MMT287 633,654 1,317,773 46 225 -65 383 338 345.4 7.4 3.11 2.00 375 43 82
Memot RCDD24MMT264 633,621 1,317,873 49 225 -70 336 152 154 2.0 11.30 1.55 132 36 508
Memot DD24MMT291 633,679 1,318,114 45 225 -69 388 364 364.6 0.6 36.80 2.80 250 9 59
Memot RCDD24MMT265 633,639 1,317,894 49 225 -70 393 389.6 390.2 0.6 35.80 31.90 4,220 170 263
Memot RCDD24MMT191 633,745 1,317,780 47 220 -55 447 324 328 4.0 5.17 3.35 347 96 1,196
Memot DD24MMT287 633,654 1,317,773 46 225 -65 383 30.8 31.4 0.6 33.70 15.50 266 131 48
Memot DD24MMT299 633,654 1,317,698 47 225 -80 397 188.2 199 10.8 1.84 5.45 1,660 55 202
Memot DD24MMT204 633,522 1,317,884 44 225 -63 328 5.3 9.6 4.3 4.55 1.57 255 30 157
Memot DD24MMT281 633,694 1,317,741 47 225 -81 376 183.6 184.3 0.7 27.90 39.90 9,300 337 858
Memot RCDD24MMT277 633,665 1,317,853 49 225 -65 343 232.6 233.8 1.2 15.98 20.50 4,030 4,076 288
Memot DD24MMT256 633,623 1,317,849 49 225 -64 445 285 286 1.0 18.25 4.70 1,360 26 87
Memot RCDD24MMT264 633,621 1,317,873 49 225 -70 336 228 228.8 0.8 22.40 44.00 7,900 1,750 7,320
Memot DD24MMT256 633,623 1,317,849 49 225 -64 445 244 250 6.0 2.97 1.61 835 7 61
Memot RCDD24MMT269 633,625 1,317,810 48 225 -65 361 236.4 246.4 10.0 1.73 3.75 1,259 20 74
Memot DD24MMT219 633,700 1,317,722 48 225 -63 384 90 92 2.0 8.25 17.55 1,713 941 3,890
Memot DD24MMT221 633,675 1,317,756 46 225 -60 336 48 53 5.0 3.11 12.88 710 639 2,782
Memot DD24MMT281 633,694 1,317,741 47 225 -81 376 311 312 1.0 15.05 3.80 525 106 47
Memot RCDD24MMT267 633,610 1,317,861 49 230 -67 342 202.4 203 0.6 24.90 1.20 197 5 48
Memot RCDD24MMT277 633,665 1,317,853 49 225 -65 343 217 218.4 1.4 10.51 11.94 1,155 180 1,842
Memot RCDD24MMT186 633,380 1,318,023 45 225 -58 319 179.8 180.4 0.6 24.50 - - - -
Memot DD24MMT259 633,636 1,317,999 47 225 -67 373 224 226 2.0 7.34 10.08 968 208 310
Memot RCDD24MMT267 633,610 1,317,861 49 230 -67 342 128 130 2.0 7.27 4.95 333 153 128
Memot DD24MMT294 633,590 1,317,769 46 230 -61 313 86.2 90.4 4.2 3.27 5.19 1,319 42 379

Page 23 of 35

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~~29 April 2022~~

Memot

DD24MMT221
633,675 1,317,756 46 225 -60 336 212 213 1.0 13.45 4.00 118 202 247
Memot RCDD24MMT260 633,553 1,317,877 49 225 -67 343 273 273.6 0.6 22.00 11.00 476 45 60
Memot DD24MMT298 633,666 1,317,783 46 233 -70 375 16.4 17.8 1.4 9.37 6.23 423 302 644
Memot RCDD24MMT163 633,783 1,317,925 48 225 -61 401 207 208 1.0 12.65 10.20 817 88 114
Memot RCDD24MMT183 633,459 1,318,101 45 225 -63 315 227.8 228.4 0.6 20.00 20.30 1,280 804 1,685
Memot DD24MMT287 633,654 1,317,773 46 225 -65 383 157 160 3.0 3.88 6.16 1,428 91 166
Memot DD24MMT281 633,694 1,317,741 47 225 -81 376 344.3 349.4 5.1 2.27 1.17 199 18 739
Memot DD24MMT287 633,654 1,317,773 46 225 -65 383 287.6 289.4 1.8 6.35 3.98 846 22 69
Memot DD24MMT242 633,762 1,317,738 49 223 -62 354 44 45 1.0 11.05 6.30 835 66 1,015
Memot RCDD24MMT195 633,761 1,317,843 49 225 -55 381 193 200 7.0 1.57 1.55 301 59 531
Memot DD24MMT219 633,700 1,317,722 48 225 -63 384 163 164 1.0 10.85 19.70 4,690 104 604
Memot RCDD24MMT277 633,665 1,317,853 49 225 -65 343 265 266.2 1.2 8.95 2.95 217 81 261
Memot DD24MMT287 633,654 1,317,773 46 225 -65 383 308.4 313.6 5.2 2.03 3.51 1,056 185 275
Memot DD24MMT292 633,641 1,317,762 45 225 -60 371 205.8 206.4 0.6 17.50 21.70 788 581 2,020
Memot DD24MMT299 633,654 1,317,698 47 225 -80 397 295 295.6 0.6 17.15 39.10 700 123 70
Memot DD24MMT281 633,694 1,317,741 47 225 -81 376 18.7 19.9 1.2 8.54 2.00 147 41 46
Memot DD24MMT216 633,625 1,317,701 46 225 -68 240 187.9 189 1.1 9.23 12.30 1,855 414 2,600
Memot DD24MMT290 633,460 1,317,886 47 40 -88 327 208 210.2 2.2 4.55 11.90 2,387 276 1,444
Memot RCDD24MMT267 633,610 1,317,861 49 230 -67 342 21 26 5.0 1.98 3.28 1,830 6 90
Memot DD24MMT295 633,517 1,317,920 47 215 -68 378 193.6 203.4 9.8 1.01 1.33 493 7 86
Memot DD24MMT298 633,666 1,317,783 46 233 -70 375 299 299.6 0.6 16.45 13.20 5,270 108 264
Memot DD24MMT290 633,460 1,317,886 47 40 -88 327 49.8 50.6 0.8 12.30 10.20 1,030 351 16,900
Memot DD24MMT284 633,613 1,317,942 48 225 -72 362 63.6 64.2 0.6 16.25 31.00 12,600 543 563
Memot DD24MMT216 633,625 1,317,701 46 225 -68 240 48 51.3 3.3 2.88 10.80 1,256 632 882
Memot DD24MMT283 633,586 1,317,953 48 65 -87 384 78.6 79.8 1.2 7.87 72.55 12,395 627 10,343
Memot RCDD24MMT267 633,610 1,317,861 49 230 -67 342 175 179.6 4.6 2.03 0.68 207 6 42
Memot DD24MMT285 633,648 1,317,835 48 225 -65 376 27 28.2 1.2 7.68 1.15 145 35 157
Memot RCDD24MMT265 633,639 1,317,894 49 225 -70 393 362 364.2 2.2 4.18 9.93 934 73 121
Memot DD24MMT299 633,654 1,317,698 47 225 -80 397 147 147.6 0.6 15.00 17.10 2,850 472 27,100
Memot RCDD24MMT269 633,625 1,317,810 48 225 -65 361 165.7 166.3 0.6 15.00 108.00 31,300 304 902
Memot DD24MMT219 633,700 1,317,722 48 225 -63 384 98 104 6.0 1.48 2.47 551 100 195
Memot DD24MMT291 633,679 1,318,114 45 225 -69 388 233.8 234.8 1.0 8.82 20.90 4,040 97 262
Memot DD24MMT289 633,699 1,317,921 48 225 -75 403 334.4 335 0.6 14.70 43.00 9,070 718 573
Memot RCDD24MMT163 633,783 1,317,925 48 225 -61 401 374 375 1.0 8.81 5.50 934 75 89
Memot RCDD24MMT161 633,863 1,318,015 49 225 -60 421 288 293 5.0 1.75 3.87 360 83 90
Memot DD24MMT281 633,694 1,317,741 47 225 -81 376 216 221.3 5.3 1.65 3.89 842 294 319
Memot RCDD24MMT195 633,761 1,317,843 49 225 -55 381 206 211 5.0 1.73 0.65 231 3 36
Memot DD24MMT279 633,599 1,317,895 50 225 -59 377 215 216 1.0 8.61 0.20 134 1 39
Memot RCDD24MMT269 633,625 1,317,810 48 225 -65 361 31 35 4.0 2.14 12.63 2,570 103 2,192
Memot DD24MMT256 633,623 1,317,849 49 225 -64 445 111 112 1.0 8.47 1.00 81 35 32
Memot RCDD24MMT193 633,753 1,317,779 49 220 -67 364 259 264 5.0 1.68 1.36 418 78 102
Memot RCDD24MMT269 633,625 1,317,810 48 225 -65 361 12 16 4.0 2.10 1.34 192 52 361
Memot DD24MMT242 633,762 1,317,738 49 223 -62 354 320 321 1.0 8.38 29.50 641 3,800 7,750
Memot RCDD24MMT265 633,639 1,317,894 49 225 -70 393 47 50 3.0 2.79 3.10 683 30 127
Memot DD24MMT288 633,402 1,317,908 46 225 -63 250 161.4 164.6 3.2 2.60 18.71 2,531 249 323
Memot DD24MMT298 633,666 1,317,783 46 233 -70 375 207 215.2 8.2 1.01 6.35 366 518 535
Memot DD24MMT221 633,675 1,317,756 46 225 -60 336 26 29.4 3.4 2.43 2.00 134 145 244
Memot RCDD24MMT193 633,753 1,317,779 49 220 -67 364 317 318 1.0 8.20 16.20 805 648 3,740

Page 24 of 35

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~~29 April 2022~~
ASX Announcement& Media
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~~29 April 2022~~
ASX Announcement& Media
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~~29 April 2022~~

Memot

DD24MMT299
633,654 1,317,698 47 225 -80 397 40.4 41 0.6 13.55 10.10 810 195 780
Memot DD24MMT299 633,654 1,317,698 47 225 -80 397 205.2 205.8 0.6 13.40 9.50 1,775 68 113
Memot DD24MMT279 633,599 1,317,895 50 225 -59 377 312 313 1.0 8.03 0.90 128 2 17
Memot DD24MMT285 633,648 1,317,835 48 225 -65 376 319.6 320.2 0.6 13.10 13.30 2,220 147 639
Memot DD24MMT256 633,623 1,317,849 49 225 -64 445 414 417 3.0 2.58 0.22 322 3 18
Memot RCDD24MMT163 633,783 1,317,925 48 225 -61 401 155 156.2 1.2 6.41 24.10 4,260 446 17,550
Memot DD24MMT211 633,604 1,317,679 45 230 -60 303 16.6 19.2 2.6 2.96 10.58 1,421 189 373
Memot RCDD24MMT265 633,639 1,317,894 49 225 -70 393 56 59 3.0 2.55 6.93 1,233 60 1,049
Memot RCDD24MMT191 633,745 1,317,780 47 220 -55 447 234 235 1.0 7.53 1.10 708 11 35
Memot DD24MMT287 633,654 1,317,773 46 225 -65 383 325.4 326 0.6 12.50 7.00 1,840 108 331
Memot DD24MMT295 633,517 1,317,920 47 215 -68 378 59.8 60.4 0.6 12.25 6.30 1,320 123 1,230
Memot RCDD24MMT260 633,553 1,317,877 49 225 -67 343 156 160.2 4.2 1.74 7.11 735 76 182
Memot DD24MMT272 633,662 1,317,885 49 225 -63 387 309 313 4.0 1.81 0.13 173 2 30
Memot DD24MMT293 633,647 1,317,870 49 225 -61 178 38 40.4 2.4 3.00 0.07 60 1 34
Memot DD24MMT301 633,460 1,317,883 47 230 -80 375 369 370 1.0 7.13 - - - -
Memot DD24MMT273 633,697 1,317,775 47 230 -71 408 166 168 2.0 3.53 9.60 1,830 52 100
Memot RCDD24MMT269 633,625 1,317,810 48 225 -65 361 300.6 303 2.4 2.93 2.43 1,570 8 40
Memot RCDD24MMT195 633,761 1,317,843 49 225 -55 381 249 254 5.0 1.40 4.41 1,303 80 77
Memot DD24MMT300 633,684 1,318,015 46 225 -66 444 243.4 244 0.6 11.35 20.80 1,620 1,370 514
Memot DD24MMT226 633,674 1,317,684 47 225 -62 360 53 54.2 1.2 5.65 9.10 855 510 10,950
Memot DD24MMT273 633,697 1,317,775 47 230 -71 408 387 389 2.0 3.39 5.75 1,410 56 113
Memot RCDD24MMT269 633,625 1,317,810 48 225 -65 361 275.7 280.6 4.9 1.38 0.86 352 6 40
Memot RCDD24MMT261 633,570 1,317,898 48 225 -70 332 325.2 328.8 3.6 1.87 2.21 384 18 128
Memot DD24MMT279 633,599 1,317,895 50 225 -59 377 236.8 242 5.2 1.29 2.05 429 82 399
Memot RCDD24MMT191 633,745 1,317,780 47 220 -55 447 210 213 3.0 2.22 5.40 605 237 1,362
Memot RCDD24MMT197 633,693 1,317,844 49 225 -60 393 83 84 1.0 6.54 1.50 185 27 92
Memot RCDD24MMT267 633,610 1,317,861 49 230 -67 342 98 99 1.0 6.51 2.40 86 45 49
Memot DD24MMT273 633,697 1,317,775 47 230 -71 408 325 329 4.0 1.59 3.50 749 16 73
Memot DD24MMT256 633,623 1,317,849 49 225 -64 445 16.3 17.8 1.5 4.15 0.80 385 5 233
Memot DD24MMT294 633,590 1,317,769 46 230 -61 313 159.8 164.8 5.0 1.24 6.26 845 164 3,479
Memot RCDD24MMT163 633,783 1,317,925 48 225 -61 401 284 288 4.0 1.55 1.53 157 28 665
Memot DD24MMT297 633,460 1,317,886 47 40 -60 316 53 53.8 0.8 7.74 5.90 531 132 10,150
Memot RCDD24MMT265 633,639 1,317,894 49 225 -70 393 294.2 295 0.8 7.67 0.40 166 2 35
Memot DD24MMT211 633,604 1,317,679 45 230 -60 303 185.1 186.2 1.1 5.46 1.40 98 541 470
Memot DD24MMT299 633,654 1,317,698 47 225 -80 397 52 53.1 1.1 5.44 10.90 2,220 166 212
Memot DD24MMT298 633,666 1,317,783 46 233 -70 375 366.8 367.4 0.6 9.97 0.90 92 2 29
Memot DD24MMT292 633,641 1,317,762 45 225 -60 371 58.2 61.2 3.0 1.98 5.40 894 144 242
Memot DD24MMT298 633,666 1,317,783 46 233 -70 375 160.9 161.6 0.7 8.44 38.00 6,220 94 646
Memot DD24MMT279 633,599 1,317,895 50 225 -59 377 277 279 2.0 2.95 1.15 844 5 35
Memot DD24MMT282 633,707 1,317,668 48 225 -63 315 14.4 15.1 0.7 8.41 3.00 862 28 90
Memot RCDD24MMT191 633,745 1,317,780 47 220 -55 447 303 308 5.0 1.17 1.20 300 26 92
Memot RCDD24MMT163 633,783 1,317,925 48 225 -61 401 215 216 1.0 5.81 0.70 189 8 45
Memot DD24MMT296 633,708 1,318,006 47 225 -76 393 388.2 388.8 0.6 9.68 12.10 2,420 62 392
Memot DD24MMT272 633,662 1,317,885 49 225 -63 387 63 66 3.0 1.93 2.03 414 36 249
Memot RCDD24MMT269 633,625 1,317,810 48 225 -65 361 221.9 222.5 0.6 9.60 45.00 7,560 190 1,925
Memot DD24MMT272 633,662 1,317,885 49 225 -63 387 121 126 5.0 1.14 1.64 213 93 566
Memot DD24MMT242 633,762 1,317,738 49 223 -62 354 224 229 5.0 1.14 3.59 1,031 52 107
Memot RCDD24MMT267 633,610 1,317,861 49 230 -67 342 224.8 226.6 1.8 3.16 29.95 5,846 105 1,210

Page 25 of 35

ASX Announcement& Media
Release
~~29 April 2022~~
ASX Announcement& Media
Release
~~29 April 2022~~
ASX Announcement& Media
Release
~~29 April 2022~~
ASX Announcement& Media
Release
~~29 April 2022~~

Memot

DD24MMT274
633,572 1,318,025 46 220 -65 445 42 43 1.0 5.63 2.90 537 177 132
Memot RCDD24MMT176 633,489 1,317,778 47 225 -63 276 138 139 1.0 5.62 57.00 4,370 1,875 8,340
Memot DD24MMT229 633,567 1,318,275 42 225 -58 340 193.9 195.2 1.3 4.32 14.40 4,368 94 358
Memot DD24MMT299 633,654 1,317,698 47 225 -80 397 46.6 47.2 0.6 9.34 9.90 915 212 225
Memot DD24MMT281 633,694 1,317,741 47 225 -81 376 369.5 370.5 1.0 5.58 90.00 2,470 3,220 1,445
Memot DD24MMT294 633,590 1,317,769 46 230 -61 313 97.8 102.6 4.8 1.16 2.87 697 83 294
Memot RCDD24MMT277 633,665 1,317,853 49 225 -65 343 125.8 127 1.2 4.60 2.65 146 126 564
Memot DD24MMT286 633,669 1,317,789 46 225 -76 162 160.4 161.2 0.8 6.85 19.40 3,350 115 183
Memot DD24MMT285 633,648 1,317,835 48 225 -65 376 45.6 46.8 1.2 4.54 5.30 656 192 1,994
Memot DD24MMT226 633,674 1,317,684 47 225 -62 360 211 214 3.0 1.81 1.73 93 607 3,207
Memot DD24MMT295 633,517 1,317,920 47 215 -68 378 220.6 223.6 3.0 1.80 2.63 387 460 2,293
Memot RCDD24MMT191 633,745 1,317,780 47 220 -55 447 202 203 1.0 5.32 2.20 775 15 47
Memot RCDD24MMT159 633,704 1,318,001 47 220 -57 487 391 392 1.0 5.25 3.70 213 35 98
Memot RCDD24MMT266 633,655 1,317,912 49 225 -72 391 227 228.2 1.2 4.36 1.10 191 18 478
Memot RCDD24MMT266 633,655 1,317,912 49 225 -72 391 274 274.6 0.6 8.68 1.40 528 16 75
Memot DD24MMT221 633,675 1,317,756 46 225 -60 336 179 180 1.0 5.16 6.60 329 162 139
Memot DD24MMT286 633,669 1,317,789 46 225 -76 162 31 34.4 3.4 1.51 2.68 144 69 123
Memot DD24MMT256 633,623 1,317,849 49 225 -64 445 301 303 2.0 2.56 1.18 429 10 31
Memot DD24MMT292 633,641 1,317,762 45 225 -60 371 69.8 71.2 1.4 3.64 3.41 432 109 281
Memot DD24MMT299 633,654 1,317,698 47 225 -80 397 221.2 221.8 0.6 8.44 0.80 162 8 40
Memot DD24MMT294 633,590 1,317,769 46 230 -61 313 121.2 121.8 0.6 8.39 13.70 3,490 130 395
Memot DD24MMT287 633,654 1,317,773 46 225 -65 383 49.8 51 1.2 4.18 42.95 2,290 1,350 2,244
Memot DD24MMT256 633,623 1,317,849 49 225 -64 445 177 181 4.0 1.25 2.43 909 13 64
Memot DD24MMT279 633,599 1,317,895 50 225 -59 377 227 228 1.0 4.96 0.70 209 15 37
Memot DD24MMT293 633,647 1,317,870 49 225 -61 178 32.2 33 0.8 6.16 1.80 243 9 33
Memot DD24MMT290 633,460 1,317,886 47 40 -88 327 65 68 3.0 1.64 1.20 157 38 95
Memot RCDD24MMT163 633,783 1,317,925 48 225 -61 401 93 94 1.0 4.83 19.80 2,160 158 380
Memot DD24MMT298 633,666 1,317,783 46 233 -70 375 121.1 122.1 1.0 4.82 2.90 963 24 271
Memot DD24MMT259 633,636 1,317,999 47 225 -67 373 2 5.4 3.4 1.42 1.00 472 22 495
Memot DD24MMT221 633,675 1,317,756 46 225 -60 336 227 230 3.0 1.59 0.07 94 2 42
Memot RCDD24MMT158 633,585 1,317,953 48 225 -70 331 320.8 325.2 4.4 1.07 1.94 163 33 96
Memot DD24MMT219 633,700 1,317,722 48 225 -63 384 250 254 4.0 1.17 2.58 583 45 50
Memot DD24MMT299 633,654 1,317,698 47 225 -80 397 340.4 341 0.6 7.77 9.30 2,850 104 132
Memot DD24MMT297 633,460 1,317,886 47 40 -60 316 232.2 234.1 1.9 2.43 5.37 1,737 104 258
Memot RCDD24MMT265 633,639 1,317,894 49 225 -70 393 127 130 3.0 1.51 0.18 124 1 47
Memot DD24MMT219 633,700 1,317,722 48 225 -63 384 26.9 27.5 0.6 7.47 5.80 1,455 104 437
Memot DD24MMT256 633,623 1,317,849 49 225 -64 445 385 389 4.0 1.12 0.28 324 4 30
Memot DD24MMT211 633,604 1,317,679 45 230 -60 303 41 44 3.0 1.48 1.43 378 65 90
Memot RCDD24MMT269 633,625 1,317,810 48 225 -65 361 67 71.3 4.3 1.03 1.42 350 85 177
Memot DD24MMT242 633,762 1,317,738 49 223 -62 354 239 243 4.0 1.09 4.85 1,108 87 198
Memot DD24MMT273 633,697 1,317,775 47 230 -71 408 258 262 4.0 1.09 4.91 883 158 932
Memot DD24MMT301 633,460 1,317,883 47 230 -80 375 317 320 3.0 1.45 - - - -
Memot DD24MMT282 633,707 1,317,668 48 225 -63 315 53 55 2.0 2.16 2.11 283 144 128
Memot DD24MMT294 633,590 1,317,769 46 230 -61 313 201 201.6 0.6 7.19 33.10 5,750 1,680 803
Memot DD24MMT299 633,654 1,317,698 47 225 -80 397 262 262.6 0.6 7.16 23.40 2,430 241 480
Memot DD24MMT274 633,572 1,318,025 46 220 -65 445 310 311 1.0 4.29 0.90 295 16 454
Memot RCDD24MMT159 633,704 1,318,001 47 220 -57 487 247 250 3.0 1.43 2.97 281 100 134
Memot DD24MMT295 633,517 1,317,920 47 215 -68 378 153 154.8 1.8 2.38 0.05 114 0 39

Page 26 of 35

ASX Announcement& Media
Release
~~29 April 2022~~
ASX Announcement& Media
Release
~~29 April 2022~~
ASX Announcement& Media
Release
~~29 April 2022~~
ASX Announcement& Media
Release
~~29 April 2022~~

Memot

DD24MMT273
633,697 1,317,775 47 230 -71 408 312 314 2.0 2.13 5.75 707 53 173
Memot RCDD24MMT278 633,689 1,317,878 48 225 -65 345 39 42 3.0 1.40 0.33 194 7 48
Memot DD24MMT288 633,402 1,317,908 46 225 -63 250 70.8 73.4 2.6 1.58 0.20 185 1 29
Memot DD24MMT285 633,648 1,317,835 48 225 -65 376 221 223.8 2.8 1.47 2.76 554 108 706
Memot RCDD24MMT191 633,745 1,317,780 47 220 -55 447 245 246 1.0 4.11 101.00 4,630 6,190 7,470
Memot DD24MMT295 633,517 1,317,920 47 215 -68 378 48.6 49.2 0.6 6.85 1.00 215 15 362
Memot DD24MMT214 633,591 1,317,664 47 225 -55 278 14.1 18 3.9 1.05 2.75 801 22 103
Memot RCDD24MMT262 633,593 1,317,917 49 225 -70 304 166 166.6 0.6 6.76 0.50 153 4 28
Memot DD24MMT300 633,684 1,318,015 46 225 -66 444 437.5 438.4 0.9 4.46 - - - -
Memot RCDD24MMT266 633,655 1,317,912 49 225 -72 391 50 54 4.0 1.00 1.18 143 38 244
Memot RCDD24MMT265 633,639 1,317,894 49 225 -70 393 331.8 333.2 1.4 2.85 11.20 3,421 128 452
Memot DD24MMT285 633,648 1,317,835 48 225 -65 376 368.6 369.2 0.6 6.61 3.80 708 49 138
Memot DD24MMT221 633,675 1,317,756 46 225 -60 336 81 84 3.0 1.32 0.27 93 23 78
Memot RCDD24MMT267 633,610 1,317,861 49 230 -67 342 67 69 2.0 1.97 3.80 482 140 517
Memot DD24MMT283 633,586 1,317,953 48 65 -87 384 48 49.2 1.2 3.25 9.15 970 155 2,395
Memot DD24MMT282 633,707 1,317,668 48 225 -63 315 144.4 145.2 0.8 4.79 45.00 2,170 5,020 5,570
Memot DD24MMT295 633,517 1,317,920 47 215 -68 378 83.8 84.8 1.0 3.79 9.40 2,360 101 263
Memot RCDD24MMT266 633,655 1,317,912 49 225 -72 391 68 70 2.0 1.89 10.05 2,562 32 447
Memot DD24MMT285 633,648 1,317,835 48 225 -65 376 124.2 124.8 0.6 6.18 0.40 91 5 26
Memot DD24MMT275 633,688 1,317,913 48 225 -66 399 194 195 1.0 3.66 0.10 60 2 38
Memot RCDD24MMT262 633,593 1,317,917 49 225 -70 304 289 290 1.0 3.65 0.05 57 0 34
Memot RCDD24MMT266 633,655 1,317,912 49 225 -72 391 7 8 1.0 3.64 0.20 109 7 39
Memot RCDD24MMT195 633,761 1,317,843 49 225 -55 381 308 309 1.0 3.62 2.40 306 48 2,010
Memot DD24MMT219 633,700 1,317,722 48 225 -63 384 8.1 9.1 1.0 3.61 5.50 182 773 124
Memot DD24MMT256 633,623 1,317,849 49 225 -64 445 315 316.1 1.1 3.26 2.40 271 10 249
Memot DD24MMT285 633,648 1,317,835 48 225 -65 376 11.3 13.2 1.9 1.88 4.43 913 17 90
Memot RCDD24MMT264 633,621 1,317,873 49 225 -70 336 30 31 1.0 3.51 0.40 118 2 49
Memot DD24MMT213 633,310 1,317,886 43 225 -66 224 157 158 1.0 3.49 1.70 413 9 61
Memot DD24MMT297 633,460 1,317,886 47 40 -60 316 39.6 40.2 0.6 5.81 0.70 247 23 47
Memot RCDD24MMT164 633,774 1,317,998 48 225 -62 393 366.6 367.2 0.6 5.78 9.30 1,885 92 184
Memot RCDD24MMT260 633,553 1,317,877 49 225 -67 343 88.4 91 2.6 1.33 1.98 491 57 191
Memot RCDD24MMT262 633,593 1,317,917 49 225 -70 304 124.4 125 0.6 5.69 10.00 356 379 3,290
Memot RCDD24MMT269 633,625 1,317,810 48 225 -65 361 106.4 107 0.6 5.69 6.50 364 437 35
Memot RC24MMT268 633,642 1,317,865 49 225 -60 72 37 38 1.0 3.41 1.70 297 33 80
Memot DD24MMT226 633,674 1,317,684 47 225 -62 360 2.4 3.6 1.2 2.83 0.40 222 124 114
Memot RCDD24MMT262 633,593 1,317,917 49 225 -70 304 49 52 3.0 1.13 1.00 247 10 54
Memot DD24MMT221 633,675 1,317,756 46 225 -60 336 168.8 169.4 0.6 5.61 5.90 509 253 925
Memot DD24MMT279 633,599 1,317,895 50 225 -59 377 86 89 3.0 1.12 3.20 624 58 224
Memot DD24MMT286 633,669 1,317,789 46 225 -76 162 76.4 77 0.6 5.60 13.60 2,440 138 136
Memot DD24MMT291 633,679 1,318,114 45 225 -69 388 212.2 213.2 1.0 3.36 26.00 5,890 401 757
Memot DD24MMT284 633,613 1,317,942 48 225 -72 362 52 52.6 0.6 5.58 5.80 1,040 92 1,950
Memot RCDD24MMT269 633,625 1,317,810 48 225 -65 361 259 262 3.0 1.11 0.45 369 2 49
Memot RCDD24MMT266 633,655 1,317,912 49 225 -72 391 58 61 3.0 1.10 4.00 923 37 171
Memot DD24MMT273 633,697 1,317,775 47 230 -71 408 201 202 1.0 3.29 12.10 957 611 1,520
Memot DD24MMT285 633,648 1,317,835 48 225 -65 376 72 72.6 0.6 5.44 6.00 570 65 192
Memot RCDD24MMT277 633,665 1,317,853 49 225 -65 343 51 54 3.0 1.07 1.47 241 25 101
Memot DD24MMT283 633,586 1,317,953 48 65 -87 384 13.9 14.5 0.6 5.31 2.50 120 91 113
Memot DD24MMT256 633,623 1,317,849 49 225 -64 445 40 41 1.0 3.17 3.10 190 207 113

Page 27 of 35

ASX Announcement& Media
Release
~~29 April 2022~~
ASX Announcement& Media
Release
~~29 April 2022~~
ASX Announcement& Media
Release
~~29 April 2022~~
ASX Announcement& Media
Release
~~29 April 2022~~

Memot

DD24MMT242
633,762 1,317,738 49 223 -62 354 75 76 1.0 3.16 0.80 158 26 35
Memot DD24MMT242 633,762 1,317,738 49 223 -62 354 204 207 3.0 1.05 1.30 347 18 32
Memot RCDD24MMT176 633,489 1,317,778 47 225 -63 276 174 176 2.0 1.58 3.90 1,164 33 105
Memot RCDD24MMT260 633,553 1,317,877 49 225 -67 343 216 216.8 0.8 3.93 12.00 1,295 141 921
Memot RCDD24MMT193 633,753 1,317,779 49 220 -67 364 337 338 1.0 3.14 4.60 618 180 230
Memot DD24MMT292 633,641 1,317,762 45 225 -60 371 240.8 241.4 0.6 5.15 1.90 356 173 339
Memot RCDD24MMT191 633,745 1,317,780 47 220 -55 447 180.6 181.6 1.0 3.08 10.30 2,300 121 190
Memot RCDD24MMT165 633,640 1,317,932 49 225 -56 402 336.2 336.8 0.6 5.13 0.90 110 6 261
Memot DD24MMT216 633,625 1,317,701 46 225 -68 240 29 31.5 2.5 1.23 6.48 1,338 42 514
Memot DD24MMT284 633,613 1,317,942 48 225 -72 362 163.4 164 0.6 5.09 3.40 574 25 312
Memot DD24MMT296 633,708 1,318,006 47 225 -76 393 86.8 87.4 0.6 5.07 4.10 589 20 70
Memot DD24MMT273 633,697 1,317,775 47 230 -71 408 114 115 1.0 3.02 5.60 643 360 160
Memot DD24MMT290 633,460 1,317,886 47 40 -88 327 216 219 3.0 1.01 2.60 319 17 645
Memot DD24MMT286 633,669 1,317,789 46 225 -76 162 92.4 93 0.6 5.03 4.80 499 25 43
Memot RCDD24MMT277 633,665 1,317,853 49 225 -65 343 111.4 112 0.6 5.03 1.00 245 10 38
Memot DD24MMT299 633,654 1,317,698 47 225 -80 397 110 114 4.0 0.75 0.56 289 32 112
Memot RCDD24MMT261 633,570 1,317,898 48 225 -70 332 46.8 47.4 0.6 5.02 1.90 331 16 174
Memot DD24MMT281 633,694 1,317,741 47 225 -81 376 158.8 159.5 0.7 4.30 17.40 4,240 74 331
Memot DD24MMT219 633,700 1,317,722 48 225 -63 384 79 81 2.0 1.50 3.25 444 34 102
Memot DD24MMT272 633,662 1,317,885 49 225 -63 387 240 241 1.0 3.00 27.80 1,965 3,940 14,550
Memot RCDD24MMT172 633,648 1,318,151 45 225 -70 391 316 317 1.0 3.00 2.70 245 45 107
Memot DD24MMT301 633,460 1,317,883 47 230 -80 375 258 259.1 1.1 2.68 - - - -
Memot DD24MMT274 633,572 1,318,025 46 220 -65 445 420 422 2.0 1.47 3.60 987 63 124
Memot DD24MMT295 633,517 1,317,920 47 215 -68 378 268.4 269 0.6 4.89 2.10 896 19 96
Memot DD24MMT281 633,694 1,317,741 47 225 -81 376 233 234 1.0 2.93 0.80 220 3 31
Memot RCDD24MMT161 633,863 1,318,015 49 225 -60 421 350 351 1.0 2.92 1.50 340 28 178
Memot RCDD24MMT197 633,693 1,317,844 49 225 -60 393 213 214 1.0 2.92 2.30 316 21 47
Memot DD24MMT276 633,502 1,317,725 46 225 -57 289 190 191 1.0 2.90 16.90 755 6,390 12,250
Memot DD24MMT281 633,694 1,317,741 47 225 -81 376 249.4 250 0.6 4.82 14.00 2,420 172 405
Memot RCDD24MMT195 633,761 1,317,843 49 225 -55 381 324 326 2.0 1.45 1.10 266 39 58
Memot DD24MMT287 633,654 1,317,773 46 225 -65 383 177.2 180 2.8 1.02 1.18 339 8 35
Memot DD24MMT287 633,654 1,317,773 46 225 -65 383 250 250.6 0.6 4.75 0.10 74 3 43
Memot DD24MMT285 633,648 1,317,835 48 225 -65 376 135.8 137 1.2 2.37 4.05 997 100 152
Memot DD24MMT300 633,684 1,318,015 46 225 -66 444 128 130 2.0 1.42 1.41 320 13 58
Memot DD24MMT274 633,572 1,318,025 46 220 -65 445 117 118 1.0 2.84 0.50 110 7 35
Memot DD24MMT273 633,697 1,317,775 47 230 -71 408 87 89 2.0 1.42 8.55 1,211 386 1,312
Memot DD24MMT276 633,502 1,317,725 46 225 -57 289 170 171 1.0 2.82 3.20 134 1,095 910
Memot DD24MMT292 633,641 1,317,762 45 225 -60 371 160.8 163 2.2 1.28 4.08 660 82 506
Memot RCDD24MMT278 633,689 1,317,878 48 225 -65 345 195.8 196.4 0.6 4.65 16.40 2,650 188 389
Memot DD24MMT292 633,641 1,317,762 45 225 -60 371 118.6 119.4 0.8 3.48 1.50 200 129 311
Memot DD24MMT218 633,504 1,318,150 44 225 -67 355 295.9 297 1.1 2.52 0.20 111 1 28
Memot DD24MMT275 633,688 1,317,913 48 225 -66 399 2 6 4.0 0.69 1.08 589 83 132
Memot RCDD24MMT267 633,610 1,317,861 49 230 -67 342 317 318 1.0 2.73 0.80 576 3 36
Memot RCDD24MMT262 633,593 1,317,917 49 225 -70 304 237.2 237.9 0.7 3.89 2.00 202 230 211
Memot DD24MMT242 633,762 1,317,738 49 223 -62 354 167 169 2.0 1.35 4.15 676 78 406
Memot RCDD24MMT278 633,689 1,317,878 48 225 -65 345 59 61 2.0 1.34 0.70 482 3 42
Memot DD24MMT273 633,697 1,317,775 47 230 -71 408 67 68 1.0 2.67 8.70 586 301 1,570
Memot DD24MMT213 633,310 1,317,886 43 225 -66 224 139 140 1.0 2.66 23.00 767 1,180 13,800

Page 28 of 35

ASX Announcement& Media
Release
~~29 April 2022~~
ASX Announcement& Media
Release
~~29 April 2022~~
ASX Announcement& Media
Release
~~29 April 2022~~
ASX Announcement& Media
Release
~~29 April 2022~~

Memot

DD24MMT221
633,675 1,317,756 46 225 -60 336 61 62 1.0 2.63 1.80 86 23 89
Memot RCDD24MMT197 633,693 1,317,844 49 225 -60 393 298 299.1 1.1 2.39 1.60 192 25 197
Memot DD24MMT274 633,572 1,318,025 46 220 -65 445 236 237 1.0 2.62 2.10 259 32 1,505
Memot DD24MMT283 633,586 1,317,953 48 65 -87 384 180 181 1.0 2.60 0.70 237 14 133
Memot DD24MMT297 633,460 1,317,886 47 40 -60 316 47 47.6 0.6 4.32 1.90 1,005 8 79
Memot RCDD24MMT160 633,713 1,318,069 46 225 -65 406 369 371 2.0 1.30 2.40 705 10 138
Memot DD24MMT287 633,654 1,317,773 46 225 -65 383 373.4 374 0.6 4.31 8.50 1,405 88 115
Memot DD24MMT289 633,699 1,317,921 48 225 -75 403 104.4 105 0.6 4.30 2.00 330 15 85
Memot RCDD24MMT261 633,570 1,317,898 48 225 -70 332 227.4 229.4 2.0 1.28 4.94 561 911 1,596
Memot DD24MMT286 633,669 1,317,789 46 225 -76 162 49 50 1.0 2.53 2.30 315 107 342
Memot DD24MMT292 633,641 1,317,762 45 225 -60 371 41.5 42.5 1.0 2.50 3.40 629 87 57
Memot DD24MMT281 633,694 1,317,741 47 225 -81 376 100.4 101 0.6 4.15 1.00 420 1 43
Memot DD24MMT295 633,517 1,317,920 47 215 -68 378 368.2 368.8 0.6 4.15 3.00 643 28 1,570
Memot DD24MMT286 633,669 1,317,789 46 225 -76 162 148.8 149.4 0.6 4.12 2.60 330 46 622
Memot RCDD24MMT164 633,774 1,317,998 48 225 -62 393 234.8 235.4 0.6 4.12 2.00 359 30 273
Memot DD24MMT214 633,591 1,317,664 47 225 -55 278 187 188 1.0 2.45 1.50 57 425 178
Memot DD24MMT275 633,688 1,317,913 48 225 -66 399 329 330 1.0 2.45 1.90 460 17 97
Memot RCDD24MMT266 633,655 1,317,912 49 225 -72 391 197 197.8 0.8 3.02 59.00 8,650 2,430 9,830
Memot DD24MMT273 633,697 1,317,775 47 230 -71 408 142 143 1.0 2.39 4.50 953 35 116
Memot RCDD24MMT160 633,713 1,318,069 46 225 -65 406 343 344 1.0 2.39 9.20 2,440 179 210
Memot DD24MMT229 633,567 1,318,275 42 225 -58 340 2.7 4 1.3 1.83 4.60 257 139 73
Memot DD24MMT259 633,636 1,317,999 47 225 -67 373 17.4 19.2 1.8 1.32 0.74 200 24 393
Memot RCDD24MMT160 633,713 1,318,069 46 225 -65 406 254 255 1.0 2.37 2.50 481 34 888
Memot DD24MMT281 633,694 1,317,741 47 225 -81 376 59 61 2.0 1.18 3.46 349 157 434
Memot DD24MMT300 633,684 1,318,015 46 225 -66 444 384 385 1.0 2.36 - - - -
Memot DD24MMT287 633,654 1,317,773 46 225 -65 383 39.8 40.4 0.6 3.93 0.05 121 7 34
Memot DD24MMT284 633,613 1,317,942 48 225 -72 362 325.2 325.8 0.6 3.91 6.10 1,135 90 149
Memot RCDD24MMT278 633,689 1,317,878 48 225 -65 345 236.6 237.2 0.6 3.91 1.10 664 2 60
Memot DD24MMT289 633,699 1,317,921 48 225 -75 403 10 10.6 0.6 3.90 2.40 774 128 125
Memot RCDD24MMT191 633,745 1,317,780 47 220 -55 447 352 353 1.0 2.34 3.20 1,005 31 62
Memot DD24MMT294 633,590 1,317,769 46 230 -61 313 132 132.6 0.6 3.87 9.70 2,000 227 795
Memot DD24MMT295 633,517 1,317,920 47 215 -68 378 313 313.8 0.8 2.90 15.10 2,860 367 7,740
Memot DD24MMT281 633,694 1,317,741 47 225 -81 376 202 203.2 1.2 1.92 2.95 1,145 188 381
Memot RCDD24MMT269 633,625 1,317,810 48 225 -65 361 195.6 196.2 0.6 3.84 0.80 551 4 22
Memot RCDD24MMT159 633,704 1,318,001 47 220 -57 487 218 220 2.0 1.15 0.75 102 79 271
Memot RCDD24MMT264 633,621 1,317,873 49 225 -70 336 105 106 1.0 2.30 3.90 324 88 184
Memot DD24MMT273 633,697 1,317,775 47 230 -71 408 151 152 1.0 2.29 1.50 290 11 37
Memot DD24MMT256 633,623 1,317,849 49 225 -64 445 221 222 1.0 2.28 6.70 1,345 297 609
Memot DD24MMT259 633,636 1,317,999 47 225 -67 373 264 265 1.0 2.28 2.30 294 74 836
Memot RCDD24MMT163 633,783 1,317,925 48 225 -61 401 194 195 1.0 2.27 2.60 1,085 30 229
Memot RCDD24MMT264 633,621 1,317,873 49 225 -70 336 218 218.6 0.6 3.78 8.10 1,030 153 336
Memot DD24MMT256 633,623 1,317,849 49 225 -64 445 76 77 1.0 2.26 14.30 3,810 74 407
Memot DD24MMT298 633,666 1,317,783 46 233 -70 375 31.4 32 0.6 3.71 22.20 4,170 121 180
Memot DD24MMT289 633,699 1,317,921 48 225 -75 403 78 78.6 0.6 3.69 0.50 206 1 43
Memot DD24MMT293 633,647 1,317,870 49 225 -61 178 80.2 80.8 0.6 3.65 6.40 1,315 76 352
Memot RCDD24MMT191 633,745 1,317,780 47 220 -55 447 227 228 1.0 2.19 0.30 244 2 14
Memot DD24MMT256 633,623 1,317,849 49 225 -64 445 67 68 1.0 2.18 0.90 360 4 57
Memot RCDD24MMT260 633,553 1,317,877 49 225 -67 343 167.2 167.8 0.6 3.62 21.70 4,630 74 345

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~~29 April 2022~~

Memot

DD24MMT242
633,762 1,317,738 49 223 -62 354 164 165 1.0 2.15 0.80 587 0 49
Memot RCDD24MMT164 633,774 1,317,998 48 225 -62 393 276.4 277 0.6 3.56 5.30 500 57 3,040
Memot DD24MMT279 633,599 1,317,895 50 225 -59 377 6 6.8 0.8 2.66 1.20 110 133 123
Memot DD24MMT301 633,460 1,317,883 47 230 -80 375 133 133.8 0.8 2.65 - - - -
Memot DD24MMT290 633,460 1,317,886 47 40 -88 327 138 139 1.0 2.09 0.10 128 2 38
Memot RC24MMT270 633,648 1,317,834 48 225 -65 16 12 13 1.0 2.08 1.50 494 47 116
Memot DD24MMT292 633,641 1,317,762 45 225 -60 371 302 302.6 0.6 3.46 10.60 606 1,665 1,165
Memot RCDD24MMT269 633,625 1,317,810 48 225 -65 361 111.2 111.8 0.6 3.46 7.40 219 25 50
Memot DD24MMT285 633,648 1,317,835 48 225 -65 376 87.6 88.2 0.6 3.43 1.20 282 17 252
Memot RCDD24MMT269 633,625 1,317,810 48 225 -65 361 313.2 315 1.8 1.12 17.25 2,276 255 2,656
Memot DD24MMT283 633,586 1,317,953 48 65 -87 384 135.6 136.2 0.6 3.33 0.30 130 7 43
Memot DD24MMT299 633,654 1,317,698 47 225 -80 397 363 363.6 0.6 3.32 5.80 1,525 44 196
Memot DD24MMT293 633,647 1,317,870 49 225 -61 178 144.6 145.6 1.0 1.99 1.50 201 12 55
Memot DD24MMT296 633,708 1,318,006 47 225 -76 393 203 205 2.0 1.00 14.85 2,355 950 4,736
Memot DD24MMT226 633,674 1,317,684 47 225 -62 360 286 287 1.0 1.98 2.60 142 1,075 1,985
Memot RCDD24MMT158 633,585 1,317,953 48 225 -70 331 204 205.6 1.6 1.24 1.28 212 137 325
Memot RCDD24MMT261 633,570 1,317,898 48 225 -70 332 111.2 111.8 0.6 3.29 12.60 479 685 814
Memot DD24MMT272 633,662 1,317,885 49 225 -63 387 168 170 2.0 0.99 0.15 151 1 32
Memot RCDD24MMT159 633,704 1,318,001 47 220 -57 487 292 293 1.0 1.97 1.30 191 38 67
Memot RCDD24MMT193 633,753 1,317,779 49 220 -67 364 299 300 1.0 1.97 2.10 286 109 622
Memot RCDD24MMT267 633,610 1,317,861 49 230 -67 342 291.2 291.8 0.6 3.28 4.50 800 166 475
Memot RCDD24MMT277 633,665 1,317,853 49 225 -65 343 169.8 170.4 0.6 3.26 0.70 271 6 52
Memot RCDD24MMT197 633,693 1,317,844 49 225 -60 393 382 383 1.0 1.94 0.20 201 0 23
Memot DD24MMT242 633,762 1,317,738 49 223 -62 354 289 290 1.0 1.93 0.40 40 138 136
Memot RCDD24MMT266 633,655 1,317,912 49 225 -72 391 107 108 1.0 1.87 4.00 404 86 2,010
Memot DD24MMT295 633,517 1,317,920 47 215 -68 378 96.6 97.2 0.6 3.10 27.90 3,840 357 230
Memot DD24MMT290 633,460 1,317,886 47 40 -88 327 201.4 202 0.6 3.08 0.10 58 0 27
Memot DD24MMT274 633,572 1,318,025 46 220 -65 445 67 68 1.0 1.84 31.60 3,880 202 667
Memot RCDD24MMT160 633,713 1,318,069 46 225 -65 406 111 112 1.0 1.83 0.20 63 1 32
Memot DD24MMT256 633,623 1,317,849 49 225 -64 445 23 23.8 0.8 2.28 0.05 93 4 43
Memot DD24MMT289 633,699 1,317,921 48 225 -75 403 84.2 84.8 0.6 3.04 102.00 16,000 104 620
Memot DD24MMT298 633,666 1,317,783 46 233 -70 375 317 319 2.0 0.91 4.45 2,516 5 83
Memot RCDD24MMT160 633,713 1,318,069 46 225 -65 406 64 66 2.0 0.91 1.25 164 61 995
Memot RCDD24MMT165 633,640 1,317,932 49 225 -56 402 313.2 313.8 0.6 3.00 0.05 95 7 53
Memot DD24MMT273 633,697 1,317,775 47 230 -71 408 300 301 1.0 1.79 4.00 595 50 66
Memot DD24MMT275 633,688 1,317,913 48 225 -66 399 378 379 1.0 1.79 0.20 252 1 17
Memot RCDD24MMT161 633,863 1,318,015 49 225 -60 421 199 200 1.0 1.79 1.20 163 7 38
Memot RCDD24MMT277 633,665 1,317,853 49 225 -65 343 26 27 1.0 1.79 1.00 149 3 46
Memot DD24MMT226 633,674 1,317,684 47 225 -62 360 63 64 1.0 1.78 0.30 289 8 27
Memot DD24MMT242 633,762 1,317,738 49 223 -62 354 221 222 1.0 1.78 6.50 1,455 73 91
Memot DD24MMT272 633,662 1,317,885 49 225 -63 387 236 237 1.0 1.78 11.50 1,155 409 2,550
Memot DD24MMT256 633,623 1,317,849 49 225 -64 445 266 267 1.0 1.77 1.90 503 133 177
Memot DD24MMT300 633,684 1,318,015 46 225 -66 444 2.3 3.4 1.1 1.60 1.10 546 61 165
Memot RCDD24MMT269 633,625 1,317,810 48 225 -65 361 211.8 212.6 0.8 2.20 11.40 1,985 558 860
Memot DD24MMT281 633,694 1,317,741 47 225 -81 376 121 121.6 0.6 2.93 3.10 420 25 54
Memot DD24MMT297 633,460 1,317,886 47 40 -60 316 225.4 226.4 1.0 1.75 1.20 218 71 143
Memot DD24MMT298 633,666 1,317,783 46 233 -70 375 204.2 204.8 0.6 2.87 1.80 281 71 218
Memot RCDD24MMT165 633,640 1,317,932 49 225 -56 402 240.8 241.4 0.6 2.87 15.50 2,970 168 1,230

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~~29 April 2022~~

Memot

RCDD24MMT160
633,713 1,318,069 46 225 -65 406 398 399 1.0 1.72 1.20 273 3 24
Memot RCDD24MMT176 633,489 1,317,778 47 225 -63 276 167 168.2 1.2 1.43 1.50 256 123 393
Memot DD24MMT274 633,572 1,318,025 46 220 -65 445 269 270 1.0 1.68 0.40 78 2 44
Memot DD24MMT299 633,654 1,317,698 47 225 -80 397 352 353 1.0 1.67 0.30 243 3 22
Memot DD24MMT299 633,654 1,317,698 47 225 -80 397 162 162.6 0.6 2.76 1.60 482 15 47
Memot DD24MMT219 633,700 1,317,722 48 225 -63 384 301 302 1.0 1.65 6.80 243 890 2,970
Memot RCDD24MMT193 633,753 1,317,779 49 220 -67 364 245 246 1.0 1.65 0.10 295 4 28
Memot DD24MMT219 633,700 1,317,722 48 225 -63 384 221 224 3.0 0.55 4.40 790 169 376
Memot DD24MMT281 633,694 1,317,741 47 225 -81 376 139.4 140.4 1.0 1.64 6.00 1,625 81 245
Memot DD24MMT285 633,648 1,317,835 48 225 -65 376 251.8 252.5 0.7 2.32 0.05 284 1 24
Memot DD24MMT290 633,460 1,317,886 47 40 -88 327 93.6 94.2 0.6 2.66 0.90 197 28 70
Memot RCDD24MMT191 633,745 1,317,780 47 220 -55 447 291 292 1.0 1.59 0.60 165 71 47
Memot RCDD24MMT176 633,489 1,317,778 47 225 -63 276 231 231.9 0.9 1.76 1.50 332 35 75
Memot RCDD24MMT165 633,640 1,317,932 49 225 -56 402 373.4 375 1.6 0.99 0.39 140 6 40
Memot DD24MMT213 633,310 1,317,886 43 225 -66 224 196 197 1.0 1.57 0.30 81 9 42
Memot DD24MMT287 633,654 1,317,773 46 225 -65 383 100.8 101.4 0.6 2.60 6.00 1,810 42 236
Memot RCDD24MMT193 633,753 1,317,779 49 220 -67 364 247 249 2.0 0.78 2.05 874 162 242
Memot RCDD24MMT267 633,610 1,317,861 49 230 -67 342 47 49 2.0 0.78 1.50 380 14 140
Memot DD24MMT242 633,762 1,317,738 49 223 -62 354 119 120 1.0 1.54 3.10 994 12 50
Memot DD24MMT256 633,623 1,317,849 49 225 -64 445 231 233 2.0 0.77 0.88 481 3 46
Memot DD24MMT275 633,688 1,317,913 48 225 -66 399 291 292 1.0 1.54 4.70 865 90 1,040
Memot DD24MMT294 633,590 1,317,769 46 230 -61 313 94.6 95.2 0.6 2.55 8.40 1,330 150 161
Memot DD24MMT242 633,762 1,317,738 49 223 -62 354 125 126 1.0 1.52 1.60 562 7 312
Memot DD24MMT272 633,662 1,317,885 49 225 -63 387 48.8 50 1.2 1.26 0.40 109 31 55
Memot RCDD24MMT163 633,783 1,317,925 48 225 -61 401 275 276 1.0 1.50 0.40 73 7 44

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Appendix Four | JORC Code, 2012 Edition | ‘Table 1’ Report

Section 1 Sampling Techniques and Data from New Significant Intercepts on the Okvau and Memot Drill Programs

(Criteria in this section apply to all succeeding sections)

Criteria JORC Code explanation Commentary
Sampling techniques
Nature and quality of sampling (eg cut channels,
random chips, or specific specialised industry
standard measurement tools appropriate to the
minerals under investigation, such as down hole
gamma sondes, or handheld XRF instruments, etc).
These examples should not be taken as limiting the
broad meaning of sampling.

Include reference to measures taken to ensure sample
representivity and the appropriate calibration of any
measurement tools or systems used.

Aspects of the determination of mineralisation that
are Material to the Public Report.

In cases where ‘industry standard’ work has been
done this would be relatively simple (eg ‘reverse
circulation drilling was used to obtain 1 m samples
from which 3kg was pulverised to produce a 30g
charge for fire assay’). In other cases, more
explanation may be required, such as where there is
coarse gold that has inherent sampling problems.
Unusual commodities or mineralisation types (eg
submarine nodules) may warrant disclosure of
detailed information.

Standards are inserted at regular intervals in sample batches to test
laboratory performance.

For the recent exploration drilling, reverse circulation (RC) drilling is
used to collect both a 4m composite and 1m samples in the
precollar. The 4m program composited are taken from the excess
bagged material off the cone splitter taken every 1m. A spear
sampling technique is then used to produce a 3-5kg composite
sample. The 1m samples are split with a cone splitter or three
staged riffle splitter at the drill rig to produce a 2-5kg sub-sample.
These 1m samples are submitted after the results of the 4m
composites are received to identify the zones of mineralisation.

Diamond core was sampled using half-core where the core is cut in
half down the longitudinal axis and sample intervals were
determined by the geologist based on lithological contacts, with
80% of the sample intervals being 1 metre in length. In areas of no
mineralised (negligible amounts of alteration/sulphides typically
present with mineralisation) a 2m composite was submitted.

The Exploration drill samples preparation is carried out at a
commercial off-site laboratory (ALS Phnom Penh). Gold assays are
conducted at ALS Vientiane, Laos utilising a 50gram subsample of
85% passing 75µm pulped sample using Fire Assay with AAS finish
on and Aqua Regia digest of the lead collection button. Multi-
element assay is completed at ALS, Perth, Australia on a 1g pulp
subsample digested by Aqua Regia and determined by ICP-AES or
ICP-MS for lowest available detection for the respective element.

Historical drilling results in this ASX release refer to historical drilling
records from OZ minerals completed in 2010. Historical RC drilling
samples were through a cyclone on a 1 metre basis. The specific
sub-sampling equipment utilised is not known and therefore
representivity is not known.

Soil samples (approximately 1000g) are collected to avoid any
surface contamination from shallow (generally +/-20-30cm deep)
shovel holes to selectively sample pisolite bearing laterite soil
material and are used to define areas of interest and mineralised
system footprints.

Soil auger samples (approx. 500g) are collected from hand auger
refusal depth in in-situ weathered bedrock (B/C horizon soil
transition). The sample is sieved to collect a sample passing 2mm.
Where transported material is not penetrated no sample is taken to
avoid spurious anomalism in transported material and assist in
confirming bedrock geology. This sampling is preferred to
constrain areas of interest and/or drill targets.

Soil sample preparation is carried out at a commercial off-site
laboratory (ALS Phnom Penh). Gold and multi-element assays are
conducted at ALS Brisbane, Australia utilising a 50gram subsample
of 85% passing 75µm pulped sample digested by Aqua Regia and
analysed by ICP-MS.

Rock chip samples are collected as niche samples of rock material
of specific style or character of interest. A target sample weight of
3-5kg is collected for assay. Sample preparation is carried out at a
commercial off-site laboratory (ALS Phnom Penh). Gold assays are
conducted at ALS Vientiane, Laos utilising a 50gram subsample of
85% passing 75µm pulped sample using Fire Assay with AAS finish
on and Aqua Regia digest of the lead collection button. Multi-
element assay is completed at ALS, Brisbane, Australia utilising a 4
acid digest of a 1g subsample of 85% passing 75µm pulped sample
and determination by ICP-AES or ICP-MS for lowest available
detection for the respective element.

Oxide matrix standards, field duplicates and pulp blanks are
inserted in sample batches to test laboratory performance.
Drilling techniques
Drill type (eg core, reverse circulation, open-hole
hammer, rotary air blast, auger, Bangka, sonic, etc)
and details (e.g. core diameter, triple or standard tube,
depth of diamond tails, face-sampling bit or other
type, whether core is oriented and if so, by what
method, etc).

A track mounted UDR650 rig is used to drill 5.5-inch RC precollar
holes and a LF90 rig is used to drill NQ2 diamond Core. The ”Okvau
Close Spaced” drilling was completed using a A Schramm
T450WS/BH mounted on tracked drill rig is used to drill 5.51-inch.

Recent drilling used a REFLEX survey tool to survey hole deviation.
A typical downhole survey was taken at 12m depth and then every
30m to the end of hole. Surveying of RC holes utilises 6m of
stainless drill rod to negate the magnetic interference from the rod
string and hammer assembly. All readings showed that down hole
were within acceptable limits.
Drill sample recovery
Method of recording and assessing core and chip
sample recoveries and results assessed.

Measures taken to maximise sample recovery and
ensure representative nature of the samples.

Whether a relationship exists between sample
recovery and grade and whether sample bias may
have occurred due to preferential loss/gain of
fine/coarse material.

All RC 1m samples and sub-samples (pre- and post-split) are
weighed at the rig, to check that there is adequate sample material
for assay. Any wet or damp samples are noted and that
information is recorded in the database; samples are usually dry.

The drilling results relate to historical sampling results. Drill
recoveries are not known.

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Criteria
JORC Code explanation Commentary
Logging
Whether core and chip samples have been
geologically and geotechnically logged to a level of
detail to support appropriate Mineral Resource
estimation, mining studies and metallurgical studies.

Whether logging is qualitative or quantitative in
nature. Core (or costean, channel, etc) photography.

The total length and percentage of the relevant
intersections logged.

All RC chips and diamond core is routinely logged (qualitatively) by
a geologist, to record details of regolith (oxidation), lithology,
structure, mineralisation and/or veining, and alteration. In
addition, the magnetic susceptibility of all samples is routinely
measured. All logging and sampling data are captured into a
database, with appropriate validation and security features.

Standard field data are similarly recorded (qualitatively) routinely
by a geologist for all soil sampling sites.

Emerald cannot verify the detail and full scope of the historical
logging from the available reports.
Sub-sampling
techniques
and
sample preparation

If core, whether cut or sawn and whether quarter, half
or all core taken.

If non-core, whether riffled, tube sampled, rotary split,
etc and whether sampled wet or dry.

For all sample types, the nature, quality and
appropriateness of the sample preparation technique.

Quality control procedures adopted for all sub-
sampling stages to maximise representivity of
samples.

Measures taken to ensure that the sampling is
representative of the in-situ material collected,
including
for
instance
results
for
field
duplicate/second-half sampling.

Whether sample sizes are appropriate to the grain size
of the material being sampled.

Most samples are dry and there is no likelihood of compromised
results due to moisture.

All samples, were prepared for assay at the NATA accredited ALS
Cambodia sample preparation facility in Phnom Penh; and that
facility has been inspected, at the request of the Company,
numerous times and most recently by Mr Keith King in April 2022.
Samples are dried for a minimum of 12 hours at 105˚C.

This sample technique is industry standard and is deemed
appropriate for the material.

The historical data available to Emerald is such that Emerald cannot
reliably confirm that the historical RC samples were dry and free of
free of significant contamination. Emerald cannot specifically
confirm that the RC drilling results have not been compromised due
to excessive moisture of contamination.

The historical data available is such that Emerald cannot reliably
confirm the specific subsampling techniques and sample
preparation used to generate samples to be sent for assay. It is not
known whether a subsample was retained as a geological record.

No review of historic sampling practices has been completed nor
was possible from the data available to Emerald for this
announcement.
Quality of assay data
and laboratory tests

The nature, quality and appropriateness of the
assaying and laboratory procedures used and whether
the technique is considered partial or total.

For geophysical tools, spectrometers, handheld XRF
instruments, etc, the parameters used in determining
the analysis including instrument make and model,
reading times, calibrations factors applied and their
derivation, etc.

Nature of quality control procedures adopted (eg
standards, blanks, duplicates, external laboratory
checks) and whether acceptable levels of accuracy (ie
lack of bias) and precision have been established.

All samples are sent to the NATA accredited ALS Laboratory in
Vientiane, Laos, for single Aqua Regia digest with a 50g charge with
an ICP-MS finish. Samples are sent to the similarly accredited ALS
Lab in Brisbane, Australia and ALS Lab Perth, Australia, for multi-
element ICP analysis, after partial extraction by aqua regia digest
then via a combination of ICP-MS and ICP-AES. This method has a
lower detection limit of 1ppm gold. If the Au result is greater than
100ppm Au then sample is reassayed by a 50g gravimetric analysis
with a high upper detection limit.

Industry-standard QAQC protocols are routinely followed for all
sample batches sent for assay, which includes the insertion of
commercially available pulp CRMs and pulp blanks into all batches
- usually 1 of each for every 20 field samples. Additional blanks
used are home-made from barren quarry basalt. QAQC data are
routinely checked before any associated assay results are reviewed
for interpretation, and any problems are investigated before results
are released to the market - no issues were raised with the results
reported here.

All assay data, including internal and external QAQC data and
control charts of standard, replicate and duplicate assay results, are
communicated electronically.

Drill samples for the historical results followed the above assaying
methodology except the sample preparation occurred in the ALS
Laboratory in Vientiane, Laos.
Verification
of
sampling
and
assaying

The verification of significant intersections by either
independent or alternative company personnel.

The use of twinned holes.

Documentation
of
primary
data,
data
entry
procedures, data verification, data storage (physical
and electronic) protocols.

Discuss any adjustment to assay data.

All field data associated with sampling, and all associated assay and
analytical results, are archived in a relational database, with
industry-standard verification protocols and security measures in
place.

The calculations of all significant intercepts (for drill holes) are
routinely checked by senior management.

All field data associated with drilling and sampling, and all
associated assay and analytical results, are archived in a relational
database, with industry-standard verification protocols and security
measures in place.

Historical sampling and assay verification processes are unknown.

No sample recording procedures are known for reported data from
historic drilling.
Location
of
data
points

Accuracy and quality of surveys used to locate drill
holes (collar and down-hole surveys), trenches, mine
workings and other locations used in Mineral
Resource estimation.

Specification of the grid system used.

Quality and adequacy of topographic control.

Whilst, all sample locations are first surveyed with a hand-held GPS
instrument (which generates relatively inaccurate RL values), not all
samples were insitu. All locations are surveyed to IND60 or WGS84
as specified in Appendix Three.

Drill hole collar locations are first surveyed with a hand-held GPS
instrument (which generates relatively inaccurate RL values). The
locations of all holes used in Mineral Resource estimates are
verified or amended by survey using a differential GPS by and
external contractor with excellent accuracy in all dimensions using
a local base station reference).

The newly reported collars of holes drilled have been picked up by
a licenced surveyor with DGPS equipment.

Down-hole surveys are routinely undertaken at 30m intervals for
all types of drilling, using a single-shot or multi-shot REFLEX survey
tool (operated by the driller and checked by the supervising
geologist).

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Criteria
JORC Code explanation Commentary
Data
spacing
and
distribution

Data spacing for reporting of Exploration Results.

Whether the data spacing and distribution is sufficient
to establish the degree of geological and grade
continuity appropriate for the Mineral Resource and
Ore
Reserve
estimation
procedure(s)
and
classifications applied.

Whether sample compositing has been applied.

This drill spacing is considered to be sufficient to establish
geological and grade continuity appropriate for the declaration of
estimates of resources.
Orientation of data in
relation to geological
structure

Whether the orientation of sampling achieves
unbiased sampling of possible structures and the
extent to which this is known, considering the deposit
type.

If the relationship between the drilling orientation and
the orientation of key mineralised structures is
considered to have introduced a sampling bias, this
should be assessed and reported if material.

Drill holes are usually designed to intersect target structures with a
“close-to-orthogonal” intercept.

Drilling has been done at various orientations.

Most of the drill holes intersect the mineralised zones at sufficient
angle for the risk of significant sampling orientation bias to be low.

Soil sampling grids are of appropriate orientation to cover the
observed mineralisation.
Sample security
The measures taken to ensure sample security.

The chain of custody for all drill samples from the drill rig and
soil/auger samples from the field to the ALS Sample Preparation
facility in Phnom Penh is managed by Renaissance personnel. Drill
samples are transported from the drill site to the Okvau exploration
core farm, where they are logged and all samples are batched up
for shipment to Phnom Penh.

Sample submission forms are sent to the ALS Sample Prep facility
in paper form (with the samples themselves) and also as an
electronic copy. Delivered samples are reconciled with the batch
submission form prior to the commencement of any sample
preparation.

ALS is responsible for shipping sample pulps from Phnom Penh to
the analytical laboratories in Vientiane, Brisbane and Perth and all
samples are tracked via their Global Enterprise Management
System.

All bulk residues are stored permanently at the ALS laboratory in
Phnom Penh or at a company leased storage area in the Memot
town.

No information is available regarding sample security procedures
for the historical drilling results reported.
Audits or reviews
The results of any audits or reviews of sampling
techniques and data.

All QAQC data are reviewed routinely, batch by batch, and on a
quarterly basis to conduct trend analyses, etc. Any issues arising
are dealt with immediately and problems resolved before results
are interpreted and/or reported.

Comprehensive QAQC audits have been conducted on this project
by Duncan Hackman (August 2009, February 2010 & November
2011), SRK (February 2013) and Nola Hackman (January 2014),
Wolfe (July 2015).

Mr Brett Gossage reviewed the data used in the Okvau Resource
up to December 2016 and concluded that there are no concerns
about data quality.

Keith King completed his most recent site visit and lab audit of the
ALS Phnom Penh and Vientiane facilities in October 2023.

No review has been completed due to data availability for historical
drilling.

Due to the critical importance to production, the Okvau Mine site
lab has regular internal audits completed. Including routine checks
of selected assays being sent to external laboratories for umpire
checks.

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Section 2 Reporting of Exploration Results from New Significant Intercepts - Okvau and Memot Drill Programs (Criteria listed in the preceding section also apply to this section)

Criteria Explanation Commentary
Mineral tenement and
land tenure status

Type, reference name/number, location and ownership
including agreements or material issues with third
parties such as joint ventures, partnerships, overriding
royalties, native title interests, historical sites, wilderness
or national park and environmental settings.

The security of the tenure held at the time of reporting
along with any known impediments to obtaining a
licence to operate in the area.

The Okvau and Memot licences are held (100%) in the name of
Renaissance Minerals (Cambodia) Limited which is a wholly
owned subsidiary of Emerald Resources NL (EMR). EMR are in a
Joint Venture agreement on the Antrong North and South
Licences where the Company and earn up to an 80% share.

The tenure is considered to be secure.
Exploration done by
other parties

Acknowledgment and appraisal of exploration by other
parties.

Exploration has been completed by previous explorers; Oxiana
and Oz Minerals including soil sampling, geophysical data
collection and drilling.
Geology
Deposit
type,
geological
setting
and
style
of
mineralisation.

Gold occurrences within the licences is interpreted as either a
“intrusion-related
gold
system”
or
“Porphyry”
related
mineralisation. Gold mineralization is hosted within quartz
and/or sulphide veins and associated within or proximal
distance to a Cretaceous age diorite.
Drill hole Information
A summary of all information material to the
understanding of the exploration results including a
tabulation of the following information for all Material
drill holes:
-
easting and northing of the drill hole collar;
-
elevation or RL (Reduced Level – elevation above sea
level in meters) of the drill hole collar;
-
dip and azimuth of the hole;
-
down hole length and interception depth;
-
hole length.
If the exclusion of this information is justified on the
basis that the information is not Material and this
exclusion does not detract from the understanding of
the report, the Competent Person should clearly explain
why this is the case.

Details of significant drilling in Appendix Three.
Data
aggregation
methods

In reporting Exploration Results, weighting averaging
techniques,
maximum
and/or
minimum
grade
truncations (eg cutting of high grades) and cut-off
grades are usually Material and should be stated.

Where aggregate intercepts incorporate short lengths of
high grade results and longer lengths of low grade
results, the procedure used for such aggregation should
be stated and some typical examples of such
aggregations should be shown in detail.

The assumptions used for any reporting of metal
equivalent values should be clearly stated.

No high grade top cuts have been applied.
The reported significant intersections in Appendix Three are
above 2 gram metre Au intersections and allow for up to 4m of
internal dilution with a lower cut trigger values of greater than
0.5g/t Au. Cu, Pb and Zn significant intersections allow for up
to 4m of internal dilution with a lower cut trigger values of
greater than 2,000ppm Cu, Pb or Zn.
Relationship between
mineralisation
widths
and intercept lengths

These relationships are particularly important in the
reporting of Exploration Results.

If the geometry of the mineralisation with respect to the
drill hole angle is known, its nature should be reported.

If it is not known and only the down hole lengths are
reported, there should be a clear statement to this effect
(eg‘down hole length, true width not known’).

All reported intersections are down hole lengths. True widths
are unknown and vary depending on the orientation of target
structures.
Diagrams
Appropriate maps and sections (with scales) and
tabulations of intercepts should be included for any
significant discovery being reported These should
include, but not be limited to a plan view of drill hole
collar locations and appropriate sectional views.

Appropriate maps and sections are included in the body of this
release.
Balanced reporting
Where comprehensive reporting of all Exploration
Results is not practicable, representative reporting of
both low and high grades and/or widths should be
practiced to avoid misleading reporting of Exploration
Results.

All significant drilling results being intersections with a
minimum 2 gram metre values are reported in Appendix Three.
Other
substantive
exploration data

Other exploration data, if meaningful and material,
should be reported including (but not limited to):
geological observations; geophysical survey results;
geochemical survey results; bulk samples – size and
method of treatment; metallurgical test results; bulk
density,
groundwater,
geotechnical
and
rock
characteristics; potential deleterious or contaminating
substances.

All mineralisation is associated with visible amounts of
pyrrhotite, arsenopyrite, pyrite or chalcopyrite.
Further work
The nature and scale of planned further work (eg tests
for lateral extensions or depth extensions or large-scale
step-out drilling).

Diagrams clearly highlighting the areas of possible
extensions, including the main geological interpretations
and future drilling areas, provided this information is not
commercially sensitive.

Further drilling programs are being planned on additional
nearby targets.

Additional drilling programs are being planned across all
exploration licences.

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