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LIGHTNING MINERALS LTD Capital/Financing Update 2025

Nov 16, 2025

65212_rns_2025-11-16_efa74d7e-654e-4d10-b2f0-07927a77cc98.pdf

Capital/Financing Update

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Final Assays Confirm Extension of Gold System at Mt Turner Project

ASX Announcement 17 November 2025

Lightning Minerals Ltd (L1M or the Company) is excited to provide an update on the final batch of assays from the inaugural drilling campaign at its wholly owned Mt Turner Gold Project in Queensland, Australia, with results confirming a large-scale mineralised system extending over 12km along the Drummer Fault , with gold mineralisation intersected in eight of nine holes and multiple new gold targets identified.

HIGHLIGHTS

  • Final results confirm multiple new gold targets across the Mt Turner Project, supporting the presence of a large, continuous mineralised system along the Drummer Fault

  • High-grade gold anomalies from soil and rock-chip sampling up to 21.9g/t Au, extending mineralisation 2.7km west of the Rocky Reward pit

  • Shallow, wide gold intersections at Pit 6 (Rocky Reward) highlight strong continuity along strike, including:

o Hole 25L1MP6DD001 (Pit 6): 2.8m @ 1.2g/t Au, 2.8g/t Ag from 65m

  • Incl. 0.9m @ 3.4g/t Au, 8.1 g/t Ag from 66.9m and 24.8m @ 0.3g/t Au, 2.1g/t Ag from 75m

o Hole 25L1MP6DD002 (Pit 6): 34m @ 0.4g/t Au, 1.4g/t Ag from 78m

and 0.94m @ 0.8g/t Au, 14g/t Ag from 150.9m

  • Phase 1 of exploration confirms shallow orogenic gold system along the Drummer Fault with multiple high-grade epithermal occurrences

  • 8 of the 9 holes drilled have intersected mineralisation in the inaugural drill program

  • Significant mineralised intersections include:

  • Hole 25L1MP3DD001[1] (Pit 3): 20.4m @ 2.4g/t Au and 14.3g/t Ag from 62m Incl. 1.8m @ 10.6g/t Au and 27.1g/t Ag from 77m

  • Hole 25L1MP5DD001[1] (Pit 5): 8m @ 1.4g/t Au and 4.8g/t Ag from 77.8m

  • Hole 25L1MP5DD002[2] (Pit 5): 3.9m @ 3.6g/t Au and 8.8g/t Ag from 90m Incl. 1.0m @ 10.7g/t Au and 17.4g/t Ag from 90m 1.0m @ 7.2g/t Au and 10.4g/t Ag from 67m

  • Hole 25L1MP5DD003[2] (Pit 5): 3.0m @ 2.8g/t Au and 7.5g/t Ag from 105m

  • Incl. 1.0m @ 6.3g/t Au and 17.2g/t Ag from 105m and 2.2m @ 1.9g/t Au and 5.3g/t Ag from 98.8m and 1.0m @ 7.6g/t Au and 9.5g/t Ag from 127m

  • Hole 25L1MCOBDD001[2] (Cobar): 17.2m @ 6.2% Zn, 1.4% Pb and 10.3g/t Ag from 32m Incl. 5.0m @ 11.6% Zn, 0.5% Pb and 12.4g/t Ag from 43.8m

  • Hole 25L1MCOBDD002[2] (Cobar): 12.4m @ 6.2% Zn, 1.4% Pb and 24.2g/t Ag from 17.6m Incl. 2.4m @ 15.3% Zn, 4.1% Pb and 75.2g/t Ag from 22.7m and 0.6m @ 19.7% Zn, 8.4% Pb and 150g/t Ag from 22.7m

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Level 11 40 The Esplanade Perth WA 6000 Australia | [email protected] | (08) 9429 8806

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Lightning Minerals’ Managing Director Alex Biggs said , “Having now received our final assays from Pit 6 (Rocky Reward) and also the soil and rock chip sampling, we are excited about our first round of exploration at Mt Turner. We have intersected gold and base metals across multiple targets in drilling and significant soil and rock chip results which provide the Company with additional targets for phase two of exploration at Mt Turner. The Pit 6 (Rocky Reward) results demonstrate the potential width of mineralisation, intersected in two drill holes approximately 80m apart, along strike. We look forward to further testing the gold potential below current drilling at Rocky Reward plus the targets we have identified at Pit 3 (Drummer West) and Pit 5 (Drummer Girl). Positive rock chip and soil sampling results have identified multiple additional gold target areas and have extended the known gold mineralisation along the Drummer Fault by 2.7km west of Rocky Reward. This now gives us 12km of known mineralised strike along the Drummer Fault. The team is now employing a vectoring strategy to finalise target areas for further exploration.

“We have moved quickly to complete our initial drilling at Mt Turner and have demonstrated the potential prospectivity of the area. To intersect mineralisation in eight of the nine holes drilled is testament to both the project generation team and the geology of the area. These results give us even greater confidence in the future potential of the project and the opportunity it presents for the Company and its shareholders. We look forward to further success and are well positioned to take advantage of the current buoyant precious metal and base metal markets. We have a fantastic project, that we feel will provide significant upside to the Company”.

Pit 6 (Rocky Reward) Delivers Additional 34m Wide Gold Intersection

Final assay results from holes eight and nine of the inaugural drill program at the Company’s wholly owned Mt Turner Project continue to demonstrate gold potential along the Drummer Fault. The final two drill holes have been targeted beneath Pit 6 (Rocky Reward) which is approximately six kilometres west of previous drilling at Pit 3 (Drummer West) and Pit 5 (Drummer Girl) where significant gold intersections have also been intersected (ASX Announcement 21 October 2025 and ASX Announcement 10 November 2025). The sixkilometre strike length of the Drummer Fault between recent intersections at Pit 6 (Rocky Reward), Pit 3 (Drummer West) and Pit 5 (Drummer Girl) provide the Company with an outstanding opportunity to delineate further gold mineralisation. The entire mapped strike length of the Drummer Fault, which is approximately14km, is situated wholly within the Company’s tenure.

The broad zones of anomalous gold intersected at Pit 6 (Rocky Reward), combined with the high grades identified at Pit 3 (Drummer West) and Pit 5 (Drummer Girl) demonstrate the potential continuity of the mineralised system over multiple kilometres of the Drummer Fault. This scale potential is further demonstrated by the width and grade continuity of the intersections at Pit 6 (Rocky Reward), 34m @ 0.4g/t Au, 1.4g/t Ag, as well as the intersection of Quartz Feldspar Porphyry intrusion. The two current drill holes at Pit 6 (Rocky Reward) are 80m along strike from each other. The next phase of drilling will focus on potential grade increases with depth and the relationship of the porphyry intrusions to the gold mineralisation.

Intersections at Pit 6 (Rocky Reward) are as follows:

– Hole L1MP6DD001 (Pit 6 Rocky Reward)

2.8m @ 1.2g/t Au and 2.8g/t Ag from 65m Incl. 0.9m @ 3.4g/t Au and 8.1g/t Ag from 66.9m and 24.8m @ 0.3g/t Au and 2.1g/t Ag from 75m.

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Level 11 40 The Esplanade Perth WA 6000 Australia | [email protected] | (08) 9429 8806

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Hole L1MP6 DD002 (Pit 6 – Rocky Reward)

34m @ 0.4g/t Au and 1.4 g/t Ag from 78m and 0.94m @ 0.8g/t Au and 14g/t Ag from 150.86m.

Holes 25L1MP6DD001 and 25L1MP6DD002 (Pit 6 – Rocky Reward)

In summary, drilling at Pit 6 (Rocky Reward) has identified an open-ended zone of hydrothermally altered dolerite which is host to both orogenic style gold sulphide-bearing quartz veins and breccias and less frequent, epithermal style gold sulphide bearing fine grained quartz veinlets which tend to be more sulphidic. Further work at Pit 6 (Rocky Reward) will be undertaken to ascertain potential controls on gold-silver distribution. Figure 1, Figure 2 and Figure 3 show drill hole cross-sections and plan view. Significant intersections are shown in Table 1 and Table 2.

The assay results, in addition to the geological logging of 25L1MP6DD001 and 25L1MP6DD002 confirm that Pit 6 (Rocky Reward) is host to a significant precious metal mineralising event/s. The company’s geological team were highly encouraged by the field observations during drilling, with the identification of veining, alteration and metal zonation consistent with both orogenic and epithermal mineral systems. This thesis being borne out with excellent results received. They continue to focus on the potential extent of mineralisation along the Drummer Fault.

The Drummer Fault is a known conduit for gold-silver mineralising fluids. Importantly, the recent identification of Quartz-Feldspar-Porphyry (QFP) intrusion(s) in the drilling may indicate further potential for the migration of mineralising fluids from deeper in the system. These multi-generation phases of mineralisation are globally recognised as being fundamental to a mineral system possessing both economically significant grade and potential volume. The combination of mineral systems that have been observed throughout this phase of drilling have helped to further refine the company’s exploration model at the Mt Turner project.

Figure 1: Cross-section of Hole 25L1MP6DD001 (Pit 6 – Rocky Reward)

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Level 11 40 The Esplanade Perth WA 6000 Australia | [email protected] | (08) 9429 8806

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Figure 2: Cross-section of Hole 25L1MP6DD002 (Pit 6 – Rocky Reward)

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Figure 3: Plan view of Holes 25L1MP6DD001 and 25L1MP6DD002 (Pit 6 – Rocky Reward)

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Level 11 40 The Esplanade Perth WA 6000 Australia | [email protected] | (08) 9429 8806

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Table 1: Drill Hole Location for Significant Intercepts

Hole ID Location Hole Type Easting
GDA94z54
(m)
Northing
GDA94z54
(m)
RL
AHD
(m)
Azimuth
Grid
(°)
Dip
(°)
Hole
Depth
(m)
25L1MP6DD001 Pit 6 Diamond 750916 7982751 272.2 11.00 -55 143.00
25L1MP6DD002 Pit 6 Diamond 750998 7982734 270.8 6.00 -55 158.90

Table 2: Drill Hole Significant Intercepts

Hole ID Hole Type Depth From
(m)
Depth To
(m)
Interval
(m)
Au
(g/t)
Ag
(g/t)
25L1MP6DD001 Diamond 65.0 67.8 2.8 1.2 2.8
including 66.9 67.8 0.9 3.4 8.1
25L1MP6DD001 Diamond 75.0 99.8 24.8 0.3 2.1
25L1MP6DD002 Diamond 78.0 112.0 34.0 0.4 1.4
25L1MP6DD002 Diamond 150.86 151.8 0.94 0.8 14.0

Soil and Rock Chip Sampling Significantly Extends Mineralisation Along the Drummer Fault

The Company has also completed a soil sampling and rock chip sampling campaign across the Mt Turner project, initially focused on the Drummer Fault. The purpose of the program was to confirm the presence of mineralisation between the existing open pits along the Drummer Fault and along strike, to the east and west. Assay results indicate that it is likely the mineralisation may be continuous along the Drummer Fault.

The soil sampling program has focused on path-finder elements which are known to have a strong association with gold mineralisation. Arsenic (As), Silver (Ag) and Antimony (Sb) are key pathfinder metals for both epithermal gold-silver and orogenic gold-silver systems.

Pit 3 (Drummer West) and Pit 5 (Drummer Girl)

  • Soil anomalies (including Au-Ag-As-Pb-Zn) indicate potential to extend mineralisation to the west of each pit

  • Strike extension of up to 450m at Pit 5 and 350m at Pit 3

  • Soil anomalism consistent with mineralisation intersected in 25L1MP3DD001 (20.4 m 2.4 g/t Au and 14.3 g/t Ag)

  • Rock chips taken from 500m northeast (Sample ID 106127: 5.7 g/t Au) and 500m southeast (Sample ID 106135: 5.3 g/t Au and 44.1 g/t Ag) of Pit 5 indicate that mineralisation may not be constrained to the Drummer Fault

New Western Target Identified ~ 2.7 Km west of Pit 6 (Rocky Reward)

  • Soil anomalies (including Au-Ag-As-Pb-Cu) identify potential new area of mineralisation, approximately 350m wide

  • Significant rock chip assays from the area include o 21.9 g/t Au (Sample ID 106108) o 3.2 g/t Au (Sample ID 106128)

  • 3.5 g/t Au (Sample ID 106113)

  • Samples also contain anomalous Ag, Cu, Pb, Sb potentially related to a previously unrecognised mineralised corridor

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Level 11 40 The Esplanade Perth WA 6000 Australia | [email protected] | (08) 9429 8806

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Rock-chip sampling has further expanded the prospective footprint beyond the Drummer Fault. Multiple samples collected approximately 2.7km west of Pit 6 returned significant grades, including 21 g/t Au (Sample ID: 106108), 3.2 g/t Au (Sample ID: 106128), and 3.5 g/t Au (Sample ID: 106113) over a strike length of 385m. These samples also display elevated Ag and base-metal values, supporting the interpretation of a potential new mineralised zone west of the known system.

Additional rock-chip sampling northeast and southeast of Pit 5 (Drummer Girl), has also delivered strong results. Sample ID 106127, collected ~500 m northeast of the pit, returned 5 .7 g/t Au and displays clear epithermal alteration. Sample ID 106135, located ~500 m southeast of the pit, returned 5.3 g/t Au and 44.1 g/t Ag . These results demonstrate that mineralisation may not be constrained to the Drummer Fault and has potential to extend to the north and south of this structural feature, significantly widening the prospective corridor.

East of Pit 1 (Drummer Toy), soil and rock-chip sampling has identified at least two anomalous Au-Ag-As-CuPb-Zn zones extending nearly 2.5 km from the pit. Although sampling density in this area is lower, results are highly encouraging. Rock-chip values include 5.6 g/t Au (Sample ID: 106142) along the surface expression of the Drummer Fault, and additional samples to the north and south returned 0.92 g/t Au (Sample ID: 106131) and 2.09 g/t Au and 38.2 g/t Ag (Sample ID: 106132), collected 475 m north and 580 m south of the fault respectively.

Collectively, these results highlight the potential scale of the gold-silver mineralised system at the Mt Turner project. They also demonstrate multiple satellite and extension targets surrounding the Drummer Fault corridor, significantly expanding the Company’s exploration search space and supporting the potential for further discoveries in under-tested areas.

Table 3 and Table 4 show significant rock chip samples utilising a 0.2g/t Au cut-off grade. Arsenic (As) is a key indicator element often associated with gold, the soil samples have been filtered based on As >20ppm. All rock chip sample and soil sample locations are displayed in Figure 4. Significant soil samples >100ppm As are listed in Table 5.

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Level 11 40 The Esplanade Perth WA 6000 Australia | [email protected] | (08) 9429 8806

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Figure 4: Plan view of Mt Turner Project demonstrating all soil and rock sample geochemistry, including the phase 1 drill

hole program

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Table 3: Significant L1M rock chip locations (0.2g/t Au cut-off)

Area Sample
ID
Easting
GDA94z54 (m)
Northing
GDA94z54 (m)
RL AHD
(m)
Dingo Hill 106135 755696 7982636 280
Dingo Hill 106137 755360 7982574 280
Dingo Hill 106139 754877 7982688 280
Dingo Hill 106133 755375 7982752 280
Drummer Fault 106108 748420 7982962 280
Drummer Fault 106142 760100 7983338 280
Drummer Fault 106113 748034 7982904 280
Drummer Fault 106128 748430 7982930 280
Drummer Fault 106114 748074 7982908 280
Drummer Fault 106132 758694 7982858 280
Drummer Fault 106131 758873 7983899 280
Drummer Fault 106130 750622 7982808 280
Drummer Fault 106111 754957 7983071 280
Drummer Fault 106143 760095 7983335 280
Drummer Fault 106120 759931 7983384 280
Drummer Fault 106116 748436 7982935 280
Moonlight 106127 756094 7983630 280
Mt Turner 106104 757343 7982054 280
Red Hills 106122 760404 7982057 280
Red Hills 106124 760059 7982438 280

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Level 11 40 The Esplanade Perth WA 6000 Australia | [email protected] | (08) 9429 8806

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Table 4: Significant L1M rock chip assays (0.2g/t Au cut-off)

Area Sample
ID
Au
(g/t)
Ag
(g/t)
As
(ppm)
Sb
(ppm)
Cu
(%)
Pb
(%)
Zn
(%)
Dingo Hill 106135 5.3 44.1 11350 672 0.10 0.67 0.12
Dingo Hill 106137 0.6 1.2 675 11.2 0.04 0.06 0.10
Dingo Hill 106139 0.4 26.9 700 213 0.01 0.19 0.07
Dingo Hill 106133 0.4 4.1 9670 32.9 0.01 0.01 0.01
Drummer Fault 106108 21.9 54.1 346 9.3 0.52 0.33 0.01
Drummer Fault 106142 5.6 5.6 797 11.45 0.03 0.08 0.22
Drummer Fault 106113 3.5 42.5 10050 31.8 0.02 2.08 0.01
Drummer Fault 106128 3.2 55.6 229 7.83 0.91 0.82 0.01
Drummer Fault 106114 2.2 9.3 2570 6.28 0.01 0.32 0.00
Drummer Fault 106132 2.1 38.2 2470 333 0.03 0.11 0.04
Drummer Fault 106131 0.9 4.7 6380 5.5 0.03 0.04 0.00
Drummer Fault 106130 0.8 0.4 456 2.1 0.00 0.00 0.00
Drummer Fault 106111 0.5 2.6 26 17.45 0.03 0.02 0.00
Drummer Fault 106143 0.5 89.4 375 13.45 0.22 0.13 0.07
Drummer Fault 106120 0.4 3.9 419 3.21 0.01 0.03 0.01
Drummer Fault 106116 0.2 5.5 33 2.89 0.19 0.64 0.01
Moonlight 106127 5.7 8.7 4680 6.63 0.00 0.04 0.00
Mt Turner 106104 0.5 54.7 9970 420 0.48 7.04 0.11
Red Hills 106122 0.3 43.2 222 96.7 0.06 0.04 0.02
Red Hills 106124 0.2 1.3 33 3.77 0.01 0.18 0.07

Table 5: Significant L1M soil assays (>100ppm As cut-off)

Sample
ID
Easting
GDA94z54
(m)
Northing
GDA94z54
(m)
RL
AHD
(m)
As
(ppm)
Au
(ppm)
Ag
ppm)
Cu
(ppm)
Pb
(ppm)
Zn
(ppm)
105625 751700 7982820 280 1225 0.140 2.160 206 13 56
105639 751900 7982840 280 508 0.151 1.420 116 12 29
105595 751300 7982815 280 487 0.345 1.290 118 41 100
105626 751700 7982800 280 473 0.085 1.180 81 29 34
105609 751500 7982840 280 442 0.125 1.240 108 13 37
105638 751900 7982860 280 402 0.153 0.270 7 30 18
105863 755700 7983160 280 401 0.072 1.280 111 415 921
105867 755700 7983080 280 364 0.052 0.510 34 772 670
105870 755800 7983170 280 334 0.140 1.850 77 79 245
105864 755700 7983140 280 315 0.125 1.380 87 294 1065
105684 748100 7982940 280 284 0.082 0.680 57 189 38
105600 751400 7982870 280 274 0.084 0.230 21 33 14
105601 751400 7982850 280 254 0.167 1.240 94 21 49
105617 751600 7982830 280 231 0.068 1.900 158 13 39
105608 751500 7982860 280 226 0.101 0.540 42 28 20
105809 755600 7983110 280 223 0.085 0.360 23 86 166
105685 748100 7982920 280 221 0.030 0.350 7 130 11
105640 751900 7982820 280 215 0.059 0.780 45 18 15
105808 755600 7983090 280 215 0.176 0.740 68 110 737
105602 751400 7982830 280 213 0.185 0.290 23 25 16
105632 751800 7982830 280 211 0.058 1.080 119 15 33
105630 751800 7982870 280 195.5 0.021 0.440 2 30 21
105868 755700 7983060 280 191 0.053 0.150 20 286 429
105683 748100 7982960 280 190 0.030 0.180 28 83 26
105872 755800 7983130 280 189.5 0.227 0.480 24 34 61
105637 751900 7982880 280 186.5 0.066 0.210 3 31 14
105629 751800 7982890 280 184.5 0.021 0.250 1 34 9
105622 751700 7982880 280 181.5 0.007 0.220 6 32 30
105607 751500 7982880 280 167.5 0.078 0.250 16 33 17

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Level 11 40 The Esplanade Perth WA 6000 Australia | [email protected] | (08) 9429 8806

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Sample
ID
Easting
GDA94z54
(m)
Northing
GDA94z54
(m)
RL
AHD
(m)
As
(ppm)
Au
(ppm)
Ag
(ppm)
Cu
(ppm)
Pb
(ppm)
Zn
(ppm)
105599 751400 7982890 280 165.5 0.061 0.160 4 21 7
105588 751200 7982810 280 150.5 0.189 0.280 5 36 28
105603 751400 7982810 280 148 0.118 0.240 17 22 12
105862 755700 7983180 280 147.5 0.034 0.370 36 265 397
105928 756900 7983310 280 146.5 0.468 1.340 86 145 128
105678 748002 7982912 280 145.5 0.042 0.260 10 235 16
105628 751700 7982760 280 145 0.028 0.680 2 32 6
105810 755600 7983130 280 138.5 0.044 0.450 12 55 147
105633 751800 7982810 280 136 0.050 0.620 45 16 8
105627 751700 7982780 280 134 0.033 0.330 6 32 21
105596 751300 7982800 280 133 0.152 0.250 12 37 36
105807 755600 7983070 280 132.5 0.095 0.480 97 79 331
105614 751600 7982890 280 130.5 0.016 0.840 20 23 13
105682 748100 7982980 280 128.5 0.031 0.230 29 52 21
105634 751800 7982790 280 126.5 0.020 0.460 21 19 5
105869 755800 7983190 280 123.5 0.042 0.320 27 102 180
105871 755800 7983150 280 123 0.080 0.420 23 20 63
105623 751700 7982860 280 120.5 0.005 0.130 1 13 9
105610 751500 7982820 280 117 0.093 0.280 3 30 40
105593 751300 7982860 280 110.5 0.079 0.190 2 32 19
105635 751800 7982770 280 110 0.035 0.900 20 18 7
105927 756900 7983330 280 108 0.185 2.370 121 237 60
105624 751700 7982840 280 106.5 0.006 0.100 3 12 3
105604 751400 7982790 280 105.5 0.067 0.160 10 21 10
105590 751200 7982770 280 101.5 0.051 0.180 4 22 18
105597 751300 7982780 280 101 0.131 0.340 6 35 15
105860 755500 7983070 280 101 0.053 0.590 51 69 548

Mt Turner Project Location and Prospectivity

The Mt Turner Project is located 15km to the northwest of Georgetown in North Queensland. The Project is held through granted Exploration Permits (EPM 27170 and EPM 27525) The Drummer Fault structure, a 14 km east-west structure readily visible on LiDAR and satellite imagery is a key feature of the terrain Historically, several shallow oxide pits were mined for gold in the 1990’s along the Drummer Fault. In addition, northeast trending structures have intersected the Drummer Fault in numerous locations. These structures have potential to form higher-grade mineralisation and are thus a high priority target. There are multiple existing mineralised targets along the Drummer Fault and below the current open pits.

Prior drilling[3] was completed by Essex Minerals Inc[4] during 2021, Union Mining NL[5] in the 1990s, and CRA Exploration Ltd[6] in the late 1980’s intersecting multiple gold lodes with positive results including 16m @ 3.56 g/t Au (Hole UMDT95_D04), 16.0m @ 3.60g/t Au (Hole UMDT95_D03), 12m @ 6.5g/t Au (Hole UMDT95_D03) and 6m @ 2.9g/t Au (Hole PD86_RR2). These results formed the basis for shallow oxide open pit mining across six open pits in the 1990’s. Minimal exploration has occurred beneath the historical open pits but multiple targets exist with shallow mineralisation intercepts of up to 7.0m @ 1.74g/t Au and 67.7g/t Ag from 64m downhole (Hole 21ISMP3RC001).

The Company has now completed its inaugural drill program of nine holes confirming mineralisation below existing open pits.

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Level 11 40 The Esplanade Perth WA 6000 Australia | [email protected] | (08) 9429 8806

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Figure 5: Isometric view of Mt Turner Project demonstrating Drummer Fault and drilling areas including current drill hole status

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Geology and Mt Turner Potential – An Evolving Thesis

The Permo-Carboniferous, Mt Turner Porphyry System is a multi-stage felsic magmatic event localised by NW-NE conjugate faults. The system is characterised by a number of felsic quartz eye intrusive stocks and associated rhyolite dyke swarms that emanate some distance from the intrusive centre. These rhyolite dykes are analogous with large copper and gold deposits. Analogous points of comparison are under investigation to assist in further thesis development.

The Mt Turner Porphyry System hosts a 6-kilometre diameter magmatic hydrothermal system characterised by a pervasive alteration halo with historical soil data displaying a classic porphyry metal zonation pattern from an inner copper-molybdenum core, surrounded by a gold-silver-base metal zone (Figure 6). Proximity to the east-west trending Drummer Hill fault structure has provided a large-scale fluid pathway into which porphyry related hydrothermal fluids have migrated, resulting in the generation of near surface epithermal gold and silver mineralisation in the periphery region of the porphyry intrusion.

The Company has adopted a targeted exploration model focused on peripheral structures and breccia zones which are likely to host epithermal style, low temperature precious metal mineralisation. Structural analysis from geophysics LiDAR topographical data has identified a number of prospective peripheral structures and breccia zones associated with rhyolite volcanics. These prospective structures have been ranked on the basis of strike length, historical mining activity, host rock lithology (Proterozoic basement mafic rocks were considered high priority) and their proximity to the Mt Turner porphyry system.

The 14-kilometre east-west trending, regional Drummer Fault and associated splay structures was considered to be the highest priority target. The fault has been intruded by Permo-Carboniferous subvolcanics and volcanic lithologies, with wide-ranging compositions and alteration intensity, from mafic dykes to rhyolite to fine grained granite. Fault splays, tensional jogs and horse-tailing, considered conducive for mineralisation have been recognised from analytical signal aero-magnetic data. The current drilling program has targeted a number of these prospective tensional zones along the Drummer Fault.

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Level 11 40 The Esplanade Perth WA 6000 Australia | [email protected] | (08) 9429 8806

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The second structure targeted during the initial drilling program was the Cobar Line Structure (Cobar prospect). A one kilometre long, north-south trending geological feature associated with the Mt Turner rhyolite dyke swarm, immediately south of, and within the gold-silver-base metal zone of the Mt Turner porphyry system.

Figure 6: Mt Turner Porphyry System Zoning Thesis

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Next Steps – Defining the Scale Potential at Mt Turner

All assays have now been received from the drill program and the soil and rock chip sampling campaign at the Mt Turner project. With eight of the nine diamond drillholes intersecting mineralisation the Company’s geology team are planning a follow up drill program across multiple targets. The aim is to demonstrate continuity of mineralisation both at depth and along strike from the recent results. Additional analysis will be completed on the soil samples to aid multi-element modelling and potential vectoring toward high order targets. Ranking will also be undertaken on newly identified targets for potential future drilling.

The success of the first round of drilling at Mt Turner provides the Company with the impetus to further pursue, multiple, existing and new target opportunities across the Mt Turner project. It is anticipated that this target rich environment will now present the Company with numerous gold and multi-commodity opportunities going forward into 2026 and beyond.

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REFERENCES

1ASX Announcement 21 October 2025 - High Grade Gold Intersected at Mt Turner Project

2ASX Announcement 10 November 2025 - More High-Grade Gold & Base Metals at Mt Turner Project

3 Prior drilling results contained within this document have been reviewed and compiled by the Competent Person and reported in accordance with JORC Code 2012. See Company Announcement 30 June 2025 - Acquisition of Advanced Brownfields Gold and Copper Projects

4 Essex Minerals (TSX-V:ESX) TSXV Announcement - Essex Reports Numerous High-Grade Gold Intercepts At Drummer Fault, October 13, 2021 (https://essexminerals.com/wp-content/uploads/ESX-2021-10-13NR-Drummer-Fault-Drilling-FINAL.pdf)

5 Essex Minerals (TSX-V:ESX) TSXV Announcement – ESSEX Samples Up to 14.55 G/T Gold Extending Gold Mineralisation Along Drummer Fault, Mt Turner Gold Project (https://essexminerals.com/wpcontent/uploads/ESX-2021-07-13_NR-Mt-Turner-Exploration-FINAL.pdf)

6 CRA Exploration Ltd 1987 - Clark Creek A to P 4416M, North Queensland, Report On Investigations For The First Six Months Of Tenure, https://geoscience.data.qld.gov.au/data/report/cr016859

Approved for release by the Board of Directors

-END-

More information at www.lightningminerals.com.au

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ABOUT LIGHTNING MINERALS

Lightning Minerals is a mineral exploration company, listed on the Australian Securities Exchange (ASX:L1M) and focused on the exploration of gold, critical minerals and lithium. The Mt Turner gold and copper project provides the Company with access to these strong markets through near term, brownfields projects in Australia as well as the Boree Creek copper and gold porphyry project in the Lachlan Fold Belt of NSW. The Company also owns the Caraíbas, Canabrava and Esperança lithium projects in Minas Gerais, Brazil, the Dundas projects in Western Australia, the Dalmas and Hiver lithium projects in Quebec, Canada. The Company also holds other projects in Western Australia which include Mt Bartle and Mailman Hill which are prospective for gold, base metals and critical minerals.

FORWARD LOOKING STATEMENTS

Information included in this release constitutes forward-looking statements. Often, but not always, forward looking statements can generally be identified by the use of forward-looking words such as “may”, “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “continue”, and “guidance”, or other similar words and may include, without limitation, statements regarding plans, strategies and objectives of management, anticipated production or construction commencement dates and expected costs or production outputs.

Forward looking statements inherently involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance and achievements to differ materially from any future results, performance or achievements. Relevant factors may include, but are not limited to, changes in commodity prices, foreign exchange fluctuations and general economic conditions, increased costs and demand for production inputs, the speculative nature of exploration and project development, including the risks of obtaining necessary licences and permits and diminishing quantities or grades of reserves, political and social risks, changes to the regulatory framework within which the Company operates or may in the future operate, environmental conditions including extreme weather conditions, recruitment and retention of personnel, industrial relations issues and litigation.

Forward looking statements are based on the Company and its management’s good faith assumptions relating to the financial, market, regulatory and other relevant environments that will exist and affect the Company’s business and operations in the future. The Company does not give any assurance that the assumptions on which forward looking statements are based will prove to be correct, or that the Company’s business or operations will not be affected in any material manner by these or other factors not foreseen or foreseeable by the Company or management or beyond the Company’s control.

Although the Company attempts and has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in forward looking statements, there may be other factors that could cause actual results, performance, achievements or events not to be as anticipated, estimated or intended, and many events are beyond the reasonable control of the Company. Accordingly, readers are cautioned not to place undue reliance on forward looking statements. Forward looking statements in these materials speak only at the date of issue. Subject to any continuing obligations under applicable law or any relevant stock exchange listing rules, in providing this information the Company does not undertake any obligation to publicly update or revise any of the forward-looking statements or to advise of any change in events, conditions or circumstances on which any such statement is based.

COMPETENT PERSONS STATEMENT

The information contained herein that relates to exploration results is based on information compiled or reviewed by Mr Matthew Watson, who is a Competent Person and a member of the Australasian Institute of Mining and Metallurgy. Mr Watson is a full-time employee of the Company. Mr Watson has sufficient experience which is relevant to the style of mineralisation and types of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Persons as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Watson consents to the inclusion of his name in the matters based on the information in the form and context in which it appears. Mr Watson holds options in Lightning Minerals.

REFERENCES TO PREVIOUS ANNOUNCEMENTS

The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements, and that all material assumptions and technical parameters have not materially changed. The Company also confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement.

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Appendix 1: Mt Turner Project – JORC Code 2012 Table 1 Criteria

The Table below summarises the assessment and reporting criteria used for exploration results for the Mt Turner Project and reflects the guidelines in Table 1 of The Australasian Code for the Reporting of Exploration Results, Mineral Resources and Ore Reserves (The JORC 2012 Code).

Section 1 - Sampling Techniques and Data

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 3 kg was pulverised to produce a 30 g 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.
With respect to the 2025 drilling by Lightning Minerals

Drilling consisted of 9 HQ diamond holes.

All samples were processed in Townsville by ALS Global, an independent accredited laboratory. Gold assays were
completed by 50g screen fire assay with atomic absorption finish. Silver and 33 multi-element analysis was undertaken by
a four-acid digest followed by inductively coupled plasma atomic emission spectroscopy (ICPAES).
With respect to the 2021 drilling by ISMINS on behalf of Essex Minerals2

Drilling consisted of two HQ diamond holes with RC pre-collars, the remaining four holes were completed as Reverse
Circulation using a 4.5-inch drill bit, and a cone splitter.

All samples were processed in Townsville by ALS Global, an independent accredited laboratory. Gold assays were
completed by 50g screen fire assay with atomic absorption finish. Silver and 33 multi-element analysis was undertaken by
a four-acid digest followed by inductively coupled plasma atomic emission spectroscopy (ICPAES).
With respect to the 2025 rock sampling by Lightning Minerals

Rock sampling consisted of 46 grab samples. Samples were removed from insitu surface outcrop using a geo pick and
placed into a labelled calico bag with a sample ticked. A nominal sample size of 2kg was taken. For each sample location,
a photograph was taken of the outcrop along with GPS coordinates and geological log describing the sample. Mineralised
material was preferentially sampled.
With respect to the 2020/21 rock sampling by ISMINS on behalf of Essex Minerals2

Rock sampling consisted of 46 grab samples. Samples were removed from insitu surface outcrop using a geo pick and
placed into a labelled calico bag with a sample ticked. A nominal sample size of 2kg was taken. For each sample location,
a photograph was taken of the outcrop along with GPS coordinates and geological log describing the sample. Mineralised
material was preferentially sampled.
With respect to the 2025 soil sampling by Lightning Minerals

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Soil sampling consisted of 492 grab samples. Samples were collected over a predefined sampling grid. Where the
location was over a track, creek or worked surface, the location was moved 10-15 metres. Sampling was taken through
the B-horizon (20-50cm depth) to maximise geochemical stability and reduce organic content. Prior to sampling, surface
organic matter and loose debris were removed, with tools cleaned using a Nylon brush to reduce cross contamination. A
geopick/mattock was used to break up soil and remove the top 10-20cm of the soil horizon, not to be sampled. Sample
collection involved excavation to target depth using an auger or a shovel. Sampled material was collected evenly from
around the sides of the hole to reduce sampling bias. A 1kg sample was collected for laboratory preparation. For each
sample location, a sample ID was recorded including GPS coordinates, depth and horizon, regolith type, colour, texture,
moisture, and a description of the surrounding terrane.
With respect to the 2021 soil sampling by ISMINS on behalf of Essex Minerals2

Soil sampling consisted of 703 grab samples. Samples were collected over a predefined sampling grid. Where the
location was over a track, creek or worked surface, the location was moved 10-15 metres. Sampling was taken through
the B-horizon (20-50cm depth) to maximise geochemical stability and reduce organic content. Prior to sampling, surface
organic matter and loose debris were removed, with tools cleaned using a Nylon brush to reduce cross contamination. A
geopick/mattock was used to break up soil and remove the top 10-20cm of the soil horizon, not to be sampled. Sample
collection involved excavation to target depth using an auger or a shovel. Sampled material was collected evenly from
around the sides of the hole to reduce sampling bias. A 1kg sample was collected for laboratory preparation. For each
sample location, a sample ID was recorded including GPS coordinates, depth and horizon, regolith type, colour, texture,
moisture, and a description of the surrounding terrane.
With respect to the 1996 soil sampling by KNX

Soil sampling consisted of 2261 grab samples. Samples were collected over a predefined sampling grid. No additional
information is available on the sampling methodology employed by Kidston Gold Mines
Drilling techniques Drill type (eg core, reverse circulation, open-hole hammer, rotary air
blast, auger, Bangka, sonic, etc) and details (eg 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).
With respect to the 2025 drilling by Lightning Minerals

Drilling consisted of 9 x HQ3 diamond holes.

Core was orientated using a Reflex Act III down hole survey tool.
With respect to the 2021 drilling by ISMINS on behalf of Essex Minerals2

Drilling consisted of two HQ diamond holes with RC pre-collars, the remaining four holes were completed as Reverse
Circulation using a 4.5-inch face sampling drill bit.

Core was not orientated.

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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.
With respect to the 2025 drilling by Lightning Minerals

Core sample recoveries were quantitatively measured comparing length of core recovered vs expected length as recorded
on the driller run sheet. Drilling consisted of 9 HQ diamond holes. Core recovery average 97.75% over 398.34m of
samples submitted for assay.

The drilling rate was purposefully slowed in through brecciated ground to improve core recovery.

No relationship has been established between sample recovery and grade. No sample bias has been observed due to
preferential loss/gain of fine/coarse material.
With respect to the 2021 drilling by ISMINS on behalf of Essex Minerals2

Core sample recoveries were quantitatively measured comparing length of core recovered vs expected length as recorded
on the driller run sheet. Drilling consisted of 2 HQ diamond tail holes. Core recovery average 98% over 200m of drilling.

The drilling rate was purposefully slowed in through brecciated ground to improve core recovery.

No relationship has been established between sample recovery and grade. No sample bias has been observed due to
preferential loss/gain of fine/coarse material.

No sample recoveryinformation is available for the RCpre-collars and drill holes.
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.
With respect to the 2025 drilling by Lightning Minerals

The drill core has been qualitatively logged by geologists with experience in orogenic, epithermal and porphyry
mineralisation systems. The diamond core logging has recorded colour, texture, grainsize, weathering, alteration and
minerals present in the drill core. The reported drill holes have been logged in full.

Core has been photographed in the wet form. Core photography is currently ongoing.
With respect to the 2021 drilling by ISMINS on behalf of Essex Minerals2

The RC chips have been qualitatively logged by geologists with experience in orogenic, epithermal and porphyry
mineralisation systems. The RC logging has recorded colour, texture, grainsize, weathering, alteration and minerals present
in the drill core. The reported drill holes have been logged in full.

The availabilityof chiptray photographyis currentlyunknown.
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.
With respect to the 2025 drilling by Lightning Minerals

The drill core was drilled with HQ3 size and sampled as complete half core to produce bulk sample for analysis. Intervals
selected varied from 0.4m to 1.6m (minimum-maximum), with a nominal sample length of 1m. The core is cut in half length
ways just to the right of the orientation line where available using a diamond core saw. All samples are collected from the
same side of the core where practicable. Assay preparation procedures ensure the entire sample is first crushed coarse
crushed, then fine crushed to better than 85% mass passing 3.15mm screen sizing, with a 250g rotary split taken and

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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.
pulverised to 75 microns, from which a sub‐sample is taken for analysis. This removes the potential for the significant sub‐
sampling bias that can be introduced at this stage.

No second-half sampling of the core has not been undertaken.
With respect to the 2021 drilling by ISMINS on behalf of Essex Minerals2

The RC chips were drilled with 4.5” face sampling hammer. Samples were taken at 1m Intervals. The core is cut in half
length ways just to the right of the orientation line where available using a diamond core saw. Assay preparation procedures
ensure the entire sample is pulverised to 75 microns, from which a sub‐sample is taken for analysis. This removes the
potential for the significant sub‐sampling bias that can be introduced at this stage.

No second-half sampling of the core was undertaken. No field duplicates were submitted to the laboratory.
With respect to the rock sampling by Lightning Minerals and by ISMINS on behalf of Essex Minerals2

The rock samples were delivered to the ALS laboratory in Townsville where the entire sample was coarse crushed, then fine
crushed to 85% passing 3.15mm, and rotary split and pulverised to generate 50g aliquots for analysis.

No duplicates or second half splits were carried out on samples. Lab repeats were carried out on the pulverised aliquot
material. No grade bias was observed.

No relationship has been observed between sample size and reported grade.
With respect to the soil sampling by Lightning Minerals and by ISMINS on behalf of Essex Minerals2

The soil samples were sieved using an 80micron mesh to generate a 50-100g aliquot for analysis.

No duplicates or second half splits were carried out on samples.

A subset of samples (60) were riffle split, with one sequence going for analysis, and the second sequence having an interim
pulverisation stage to ensure 85% passing 75micron. No relationship has been observed between sample size and reported
grade.
With respect to the soil sampling by KNX

The soil samples were sieved using an 80micron mesh to generate a 50-100g aliquot for analysis.

Several locations were duplicated by ISMINS in 2021, no sample bias and reasonable precision was observed.
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,
theparameters used in determining the analysis including instrument
With respect to the 2025 drilling by Lightning Minerals

Sample preparation and assay analysis were carried out at the ALS Global Laboratory in Townsville and Brisbane.

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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.

Analysis procedures are considered appropriate for sulphide bearing minerals, with the technique considered near total,
with Iron content being under reported when high sulphur values are encountered.

Samples are prepared and analysed using ALS Global technique Four Acid Digest with Atomic Absorption (50g) for Ore Grade
Au, and a multi-element ICP-AES fusion for Ag, Al, As, Ba, Be, Bi, Ca, Cd, Co, Cr, Cu, Fe, Ga, K, La, Li, Mg, Mn, Mo, Na, Ni, P,
Pb, S, Sb, Sc, Sr, Th, Ti, Tl, U, V, W and Zn.

Multiple standards (OREAS 600c, OREAS 608b and OREAS 609c) are submitted with each sample batch sent to the
laboratory. Standards are inserted at a rate of 1:10. Data review suggests that the ALS laboratory has generated results
with acceptable levels of accuracy and precision.

An external laboratory umpire check will be schedule after all assays have been received and reviewed against QAQC CRM
standards.
With respect to the rock sampling carried out by Lightning Minerals and by ISMINS on behalf of Essex Minerals2

Sample preparation and assay analysis were carried out at the ALS Global Laboratory in Townsville and Brisbane.

Analysis procedures are considered appropriate for sulphide bearing minerals.

Samples are prepared and analysed using ALS Global technique Fire Assay with Atomic Absorption (50g) for Ore Grade Au,
and a multi-element ICP-AES fusion for Ag, Al, As, Ba, Be, Bi, Ca, Cd, Co, Cr, Cu, Fe, Ga, Ge, Hf, Hg, In, K, La, Li, Mg, Mn, Mo,
Na, Ni, P, Pb, Rb, Re, S, Sb, Sc, Se, Sr, Ta, Te, Th, Ti, Tl, U, V, W, Y, Zn and Zr.

No standards were inserted by ISMINS.

With respect to the soil sampling carried out by KNX in 1996

The name of the laboratory is unknown.

A 12 hour bulk cyanide leach with atomic absorption finish was used to analyse Au, Ag, and Cu. A four-acid digest with ICP
finish was used to determine As, Bi, Ca, Co, Fe, K, Mg, Mn, Mo, Na, Ni, Pb, S, Sb, Sr, Zn. Analysis procedures are considered
appropriate for sulphide bearing minerals.

No information is available for standards.
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.

Significant intersections have been verified by the Company’s geological staff.

No twinned holes have been completed.

Primary data is collected into field logs for geology, sampling and QAQC data. Data is then transferred to company database
for validation prior to be sent to an external contractor in Perth Western Australia to be managed.

Assayvalues below half detection limit were assigned agrade of half the detection limit.

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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.

Handheld Garmin GPS instruments were used to geo locate each drill collar location, these instruments are understood to
be accurate within a ±5m in the horizontal and vertical planes. Drill hole collar locations will be recorded by a licensed
surveyor upon completion of the drilling program.

The level of topographic control is provided by a LiDAR survey flown in 2020, with an expected horizontal accuracy of ±0.05m
and vertical accuracy of ±0.5m.

A compass clino has been used to align the drill rig, with a downhole north seeking gyro-based system used for downhole
measurements on all holes, hole deviation is minimal and within acceptable tolerances.

All collar locations were recorded in GDA94 Zone 54.
Data spacing and Data spacing for reporting of Exploration Results.
Exploration holes are orientated as best possible to intersect the Fault Breccia System. 1m downhole sample spacing is
considered appropriate for the reporting of the exploration diamond drilling assay results.

No Mineral Resource or Ore Reserve Estimates have been completed.

Interval length weighted compositing has been used to generate significant intercept grades.
distribution 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.
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.

The drilling has been designed to intercept the downdip orientation of the mineralisation at a perpendicular angle, with
sampling size designed to delineate grade variability across the mineralisation.

The drilling orientation relative to key mineralised structures is not thought to have introduced any material sampling bias.
Sample security The measures taken to ensure sample security.
Samples are collected from the drill rig and processed at a facility in Georgetown. Samples are then driven by
representatives of the company into Cairns, where they are freighted directly to the receiving laboratory in Townsville. The
companyhas no reason to suspect anytamperingwith the samples.
Audits or reviews The results of any audits or reviews of sampling techniques and data.
No audits or reviews of sampling techniques have been conducted to date.

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Section 2 - Reporting of Exploration Results

iteria JORC Code 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 ‘Mt Turner’ Tenements are in the process of being transferred to Lightning Minerals Ltd from FNQ Resources Pty Ltd (the
project vendors) in accordance with agreement entered into in June 2025.

The Mt Turner Project includes exploration licences EPM27525, and EPM27170.

The Tenements are considered to be in good standing at the time of this announcement.

3% NSR from all minerals on theproperty payable to Optegra Ventures Inc
Exploration done by other
parties

Acknowledgment and appraisal of exploration by other parties.

Exploration undertaken by prior parties includes:

Essex Minerals 2020-2022

Meryllion Resource Corp 2020-2022

KNX Resources Australia 2015-2020

Mega Uranium 2006-2014

Union Mining 1993-2003

CRA Exploration 1985-1990
Geology Deposit type, geological setting and style of mineralisation.
The Mt Turner Project is prospective for Epithermal and Orogenic gold, silver and base metals, and Porphyry hosted copper
and molybdenum.
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:
o
easting and northing of the drill hole collar
o
elevation or RL (Reduced Level – elevation above sea
level in metres) of the drill hole collar
o
down hole length and interception depth,
o
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.

See main body of the announcement, Figures 1 – 6 and Tables 1 – 5.
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.


Exploration results have been weight averaged using sample interval length.
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’).


Drill holes are designed to intersect the down dip direction of the Drummer Fault system as close to perpendicular as possible.
All reporting in the body of text above adequately describes intercepts as ‘downhole lengths’ and not true width.

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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 reporting of results has been included in the body of this announcement.
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.

Comprehensive reporting of assay results for gold and silver results are presented in the main body of the report.

Historic assay results for rock and soil samples are presented in the Appendices.
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 meaningful data and relevant information have been included in the body of the report.
Further work The nature and scale of planned further work (e.g., 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 works will consist of:


Surface Sampling Review

Conduct a detailed reinterpretation of all 2025 soil and rock0chip datasets

Integrate results with multi-element geochemistry (pathfinders, ratios and alteration vectors) to refine
targeting

Assess spatial geochemical patterns to identify trends and new target areas

Target Prospectivity Update and Re-Ranking

Update the project wide target inventory by incorporating data from the 2025 exploration program(s)

Re-rank targets using the company’s prospectivity matrix

Identify newly emerging high-priority targets and downgrade targets where appropriate

Integration with Historic Data

Correlate new surface geochemistry with historic soil grids, rock chips and previous drilling

Assess reliability and representativeness of historic methods, sampling density and analytical accuracy

Identify areas where historic datasets require replacement, re-sampling or re-interpretation

Geological Understanding and Mineral System Interpretation

Refine geological model

Assess newly acquired data and geological observations to update mineral system footprint and vectors to
mineralisation

Drill Core Review Using Assay Data

Conduct a second pass detailed review of all logged drill core, focussing on mineralised and anomalous
intervals

Validate and refine lithology, alteration, veining, mineralogy and structure using assay support

Identify mis-logged intervals, re-define contacts and update stratigraphic/intrusive relationships

Logging Code and Interpretation Updates

Update logging codes, templates and classification schemes based on improved geological understanding

Produce revised downhole interpretation logs, cross-sections and geological models

Establish improved multi-element signatures for recognised fertile vs barren host lithologies

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  • Petrological Study

  • Select representative samples from key mineralised intervals and critical lithological units

  • • Submit for thin section, polished section, SEM/EDS

  • Use results to refine understanding of alteration, paragenesis, ore mineralogy and fluid evolution

  • Development of Follow-Up Exploration Program

  • A) Drilling: Lateral step-out drilling around high priority intercepts, depth extensions to determine down-dip continuity of mineralisation and scout drilling of newly identified surface anomalies

  • B) Surface sampling: Infill soil sampling to refine geochemical definition at key prospects and rock chip sampling of new exposures, artisanal workings and structural positions

  • C) Geophysics: Assess suitability of geophysical methods to explore for blind targets

  • D) Mapping and structural review: Further mapping along key areas in the Mt Turner project area, focussing on intrusive contacts, breccias, alterations zones and key mineralised structures

  • E) New target testing: Apply a combination of geochemistry, mapping, geophysics and targeted scout drilling to assess new anomalies prior to full-scale testing

  • Ongoing Review Framework

  • Work program will be refined as 2025 data, historic datasets and petrology results are progressively integrated

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Appendix 1 - Historic Rock Samples Reported above an Au cut-off grade of 0.2g/t

Company Year Area Sample
ID
Easting
GDA94z54
(m)
Northing
GDA94z54
(m)
RL
AHD
(m)
Au
(g/t)
Ag
(g/t)
As
(ppm)
Cu
(%)
Pb
(%)
Zn
(%)
ISMINS 2020 Cobar Line CB12 759334 7977548 280 8.3 164.0 1780 0.23 8.49 0.34
ISMINS 2020 Cobar Line CB8 759334 7977548 280 7.3 183.0 4720 0.05 4.73 0.30
ISMINS 2020 Cobar Line CB7 759347 7977620 280 1.2 263.0 1535 0.06 22.30 0.23
ISMINS 2020 Cobar Line CB9 759322 7977499 280 1.1 226.0 1530 0.09 19.90 0.20
ISMINS 2020 Cobar Line CB1 759378 7977900 280 0.9 65.3 582 0.05 2.12 0.37
ISMINS 2020 Cobar Line CB5 759380 7977825 280 0.8 91.4 1200 0.07 1.29 0.25
ISMINS 2020 Cobar Line CB4 759381 7977850 280 0.5 355.0 2210 0.13 2.60 0.36
ISMINS 2020 Cobar Line CB2 759378 7977878 280 0.3 78.6 660 0.04 5.22 0.21
ISMINS 2021 Dingo Hill DW-1 755192 7982688 280 2.7 30.8 4770 0.02 0.07 0.00
ISMINS 2021 Dingo Hill DW-2 755245 7982644 280 1.1 26.6 2270 0.02 0.06 0.00
ISMINS 2021 Dingo Hill DW-3 755202 7982331 280 0.7 13.4 2750 0.06 0.34 0.13
ISMINS 2021 Dingo Hill DH5 756215 7982652 280 0.5 10.9 1310 0.04 0.02 0.00
ISMINS 2021 Dingo Hill DH8 756067 7982144 280 0.4 10.8 5770 0.43 0.08 0.20
ISMINS 2021 DinkyDi DD-005 757492 7977159 280 36.2 217.0 22700 0.19 1.57 0.36
ISMINS 2021 DinkyDi DD-008 757493 7977185 280 34.9 139.0 25600 1.11 8.16 0.57
ISMINS 2021 DinkyDi DD-006 757486 7977142 280 12.5 21.8 13600 0.48 0.10 0.11
ISMINS 2021 DinkyDi DD-001 757582 7976872 280 7.2 99.0 84000 0.29 27.40 0.71
ISMINS 2021 DinkyDi DD-003 757557 7976921 280 4.5 435.0 20200 0.17 14.60 0.21
ISMINS 2021 DinkyDi DD-004 757557 7976921 280 4.3 104.0 29900 0.24 11.55 0.80
ISMINS 2021 DinkyDi DD-007 757490 7977149 280 0.7 2.4 6310 0.01 0.37 1.55
ISMINS 2021 DinkyDi DD-009 757706 7977384 280 0.6 131.0 9160 0.05 15.10 0.38
ISMINS 2021 DinkyDi DD-010 757753 7977543 280 0.4 65.1 22500 0.18 8.20 1.81
ISMINS 2021 DinkyDi DD-012 757753 7977543 280 0.3 107.0 16900 0.17 8.18 1.42
ISMINS 2021 DinkyDi DD-011 757763 7977559 280 0.2 20.0 1050 0.06 1.12 9.00
ISMINS 2021 Drummer Fault DNE-1 757714 7983756 280 29.8 12.6 719 0.00 0.16 0.01
ISMINS 2020 Drummer Fault DF-10 757447 7983336 280 29.4 31.4 1875 0.03 0.12 0.17
ISMINS 2020 Drummer Fault DF2 755858 7983193 280 24.5 44.6 1875 0.04 0.37 0.02
ISMINS 2021 Drummer Fault DDW 1 756962 7983293 280 15.4 13.1 10001 0.04 0.29 0.10
ISMINS 2021 Drummer Fault DGN4 755892 7983167 280 15.3 32.2 3380 0.11 0.61 0.04
ISMINS 2021 Drummer Fault NA 1 757659 7983757 280 14.5 11.6 1075 0.02 0.17 0.00
ISMINS 2021 Drummer Fault DGS1 756943 7983284 280 13.9 21.3 734 0.03 0.20 0.04
ISMINS 2020 Drummer Fault DF-7 757447 7983336 280 11.2 45.0 2290 0.05 1.07 0.01
ISMINS 2021 Drummer Fault DE-3 757134 7983350 280 4.8 8.0 457 0.01 0.02 0.00

23

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ISMINS 2020 Drummer Fault DF-6 757447 7983336 280 4.2 24.1 1030 0.04 0.06 0.01
ISMINS 2021 Drummer Fault DGN2 755857 7983186 280 4.0 15.4 1255 0.01 0.21 0.01
ISMINS 2020 Drummer Fault DF1 756351 7983233 280 3.6 14.3 1400 0.02 0.03 0.00
ISMINS 2020 Drummer Fault DF-4 757154 7983333 280 3.5 42.3 1310 0.04 0.31 0.00
ISMINS 2021 Drummer Fault BC 1 756347 7983236 280 3.4 25.2 1430 0.07 0.05 0.01
ISMINS 2020 Drummer Fault DF-12 757447 7983336 280 3.3 55.1 1175 0.04 0.19 0.01
ISMINS 2020 Drummer Fault DF-5 757154 7983333 280 2.6 6.3 4830 0.12 0.09 0.01
ISMINS 2021 Drummer Fault BC 2 756315 7983232 280 2.3 13.1 2380 0.02 0.03 0.00
ISMINS 2020 Drummer Fault DF-11 757447 7983336 280 2.1 49.6 531 0.07 0.61 0.01
ISMINS 2021 Drummer Fault DGN1 755852 7983194 280 2.1 14.9 2770 0.03 0.01 0.11
ISMINS 2020 Drummer Fault DF-1 757047 7983228 280 1.8 5.1 635 0.01 0.07 0.01
ISMINS 2021 Drummer Fault DFE-5 758833 7983925 280 1.7 0.6 750 0.04 0.00 0.02
ISMINS 2021 Drummer Fault DFE-1 758300 7983628 280 1.6 12.1 2300 0.06 1.00 0.13
ISMINS 2021 Drummer Fault DFW-1 757175 7976989 280 1.6 64.7 6460 0.02 2.73 0.02
ISMINS 2021 Drummer Fault NA 2 757804 7983421 280 1.5 4.9 130 0.00 0.01 0.00
ISMINS 2021 Drummer Fault DFE-8 759928 7983382 280 1.3 17.0 414 0.01 0.02 0.01
ISMINS 2020 Drummer Fault DF-2 757047 7983228 280 1.3 13.4 2120 0.00 0.89 0.02
ISMINS 2020 Drummer Fault DF-3 757047 7983228 280 1.2 3.4 1080 0.00 0.03 0.00
ISMINS 2021 Drummer Fault DGW1 755662 7983106 280 1.2 10.2 2910 0.00 0.04 0.02
ISMINS 2021 Drummer Fault DFE-7 758950 7983850 280 0.6 13.3 3210 0.06 0.01 0.14
ISMINS 2020 Drummer Fault DF-9 757447 7983336 280 0.6 10.0 368 0.02 0.11 0.01
ISMINS 2020 Drummer Fault DF7 756799 7983271 280 0.4 4.6 585 0.05 0.01 0.02
ISMINS 2020 Drummer Fault DF-8 757447 7983336 280 0.4 2.0 373 0.01 0.01 0.15
ISMINS 2021 Drummer Fault DFE-9 759928 7983382 280 0.2 4.0 117 0.00 0.01 0.00
ISMINS 2021 Moonlight ML-1 756020 7983595 280 3.7 5.1 1280 0.00 0.02 0.03
ISMINS 2020 Moonlight DF6 756008 7983506 280 0.6 2.6 1275 0.02 0.09 0.01
ISMINS 2021 Mt Turner MT38 756705 7981845 280 1.5 7.3 3630 0.11 0.29 0.23
ISMINS 2020 Mt Turner DF3 756769 7982224 280 0.6 18.3 2280 0.05 1.35 0.25
ISMINS 2021 Mt Turner 104111 759111 7980512 280 0.3 4.4 1680 0.01 0.00 0.00
ISMINS 2021 Western Zone DH18 755829 7979449 280 3.4 126.0 505 2.20 0.00 0.01
ISMINS 2021 Western Zone 104141 756253 7980165 280 1.9 138.0 1860 3.04 1.39 0.10
ISMINS 2021 Western Zone 104136 756228 7980052 280 1.5 7.9 2030 0.13 0.14 0.19
ISMINS 2021 Western Zone 104142 756253 7980165 280 1.3 130.0 1160 0.97 1.09 0.11
ISMINS 2021 Western Zone 104140 755954 7980053 280 1.1 5.0 3880 0.05 0.36 0.28
ISMINS 2021 Western Zone 104133 756247 7980145 280 0.8 44.9 1885 0.12 0.41 0.01
ISMINS 2021 Western Zone 104138 756353 7980173 280 0.8 33.0 2530 0.17 0.25 0.24

24

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Appendix 2 – L1M Soil Samples between 20ppm and 100ppm As, and Historic Soil Samples reported above a cut-off of 20ppm As

Company Sample
ID
Easting
GDA94z54
(m)
Northing
GDA94z54
(m)
RL
AHD
(m)
As
(ppm)
Au
(ppm)
Ag
(ppm)
Cu
(ppm)
Pb
(ppm)
Zn
(ppm)
L1M 105616 751600 7982850 280 99.1 0.021 2.320 210 18 22
L1M 105631 751800 7982850 280 97.6 0.013 0.460 3 23 11
L1M 105677 748000 7982933 280 97.4 0.125 0.510 18 190 12
L1M 105801 755000 7982944 280 90.9 0.011 0.750 25 614 971
L1M 105679 748006 7982888 280 87.5 0.024 0.230 4 70 8
L1M 105861 755500 7983050 280 86 0.020 1.070 107 178 261
L1M 105929 756900 7983290 280 83 0.426 0.550 78 98 184
L1M 105611 751500 7982800 280 80.8 0.048 0.520 6 29 16
L1M 105583 750700 7982760 280 80.4 0.015 0.350 2 47 41
L1M 105582 750700 7982780 280 78.8 0.007 0.130 1 28 17
L1M 105615 751600 7982870 280 78 0.012 0.420 42 13 4
L1M 105811 755600 7983150 280 76.5 0.020 0.280 6 113 129
L1M 105598 751300 7982760 280 71.1 0.105 0.290 3 28 14
L1M 105692 748200 7982930 280 70.1 0.217 4.300 366 765 36
L1M 105653 747700 7982958 280 68.2 0.020 0.380 36 92 17
L1M 105589 751200 7982790 280 67.2 0.057 0.220 2 22 9
L1M 105901 756600 7983250 280 67.2 0.031 0.330 33 234 384
L1M 105676 748003 7982951 280 66 0.038 0.340 16 90 26
L1M 105581 750700 7982800 280 65 0.070 0.120 2 18 9
L1M 105584 751200 7982890 280 64.6 0.038 0.090 4 24 25
L1M 105591 751200 7982750 280 64.4 0.028 0.150 3 19 16
L1M 105585 751200 7982870 280 63.1 0.052 0.120 6 30 31
L1M 105613 751500 7982760 280 62.8 0.018 0.090 2 20 5
L1M 105680 748002 7982869 280 60.9 0.008 0.070 2 50 22
L1M 105636 751800 7982750 280 60.4 0.021 0.170 10 19 5
L1M 106011 758700 7983350 280 60.4 0.023 1.260 87 46 144
L1M 105592 751300 7982880 280 59.7 0.064 0.160 1 25 27
L1M 105858 755500 7983110 280 57.9 0.040 1.160 85 103 173
L1M 105686 748105 7982895 280 57.7 0.007 0.060 1 43 15
L1M 105795 754900 7982970 280 55.7 0.016 0.170 23 220 189
L1M 106010 758700 7983370 280 55 0.016 0.450 95 43 145
L1M 105792 754900 7983030 280 54.9 0.010 0.220 3 50 19

25

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ISM 102693 755600 7983100 280 234 0.144 0.765 36 176 363
ISM 102715 757600 7982900 280 151.5 0.030 0.566 37 25 114
ISM 102782 756000 7982600 280 127 0.090 0.644 33 130 372
ISM 102674 757600 7983100 280 110 0.118 3.400 163 2010 727
ISM 102658 755600 7983200 280 103 0.025 0.516 4 183 105
ISM 102659 755700 7983200 280 90.9 0.049 0.311 35 510 448
ISM 102517 756100 7983900 280 90 0.009 0.232 16 30 48
ISM 102643 757300 7983300 280 84.6 0.052 0.450 47 69 73
ISM 102644 756900 7983300 280 75.9 0.445 1.050 80 76 148
ISM 102662 756400 7983200 280 73.4 0.029 1.060 81 314 381
ISM 102776 755700 7982700 280 64 0.022 0.380 41 222 370
ISM 102927 755800 7981900 280 63.7 0.007 0.106 143 97 33
ISM 103027 756300 7981400 280 63.4 0.017 0.146 58 22 33
ISM 102784 756200 7982600 280 63 0.018 4.440 130 1295 1285
ISM 102836 756000 7982400 280 58.9 0.007 0.402 128 65 370
ISM 102865 755900 7982200 280 56.8 0.002 0.412 35 136 64
ISM 102910 756200 7982000 280 55.8 0.032 0.559 357 63 349
ISM 102823 757300 7982400 280 54.8 0.011 0.299 62 30 237
ISM 102857 756000 7982300 280 53.7 0.003 0.239 140 67 101
ISM 102632 756100 7983400 280 52.7 0.012 0.629 53 41 49
ISM 102650 756300 7983300 280 52.7 0.037 0.628 88 45 182
ISM 102989 755700 7981600 280 51.7 0.049 0.173 223 50 16
ISM 102802 755900 7982500 280 51.1 0.005 0.248 129 61 113
ISM 102721 757000 7982900 280 48.7 0.007 0.374 19 766 361
ISM 102621 756100 7983500 280 46.6 0.006 0.060 12 22 23
KGM 42174 758870 7983923 280 649 0.052 0.089 43 35 44
KGM 43548 757320 7977973 280 643 0.053 0.112 99 68 1040
KGM 41544 760120 7982573 280 371 0.130 0.047 59 978 578
KGM 43537 756220 7977973 280 307 0.006 0.017 199 144 427
KGM 43466 755720 7978173 280 303 0.024 0.037 35 137 126
KGM 43483 757420 7978173 280 295 0.040 0.152 122 169 1130
KGM 43592 756120 7977773 280 225 0.009 0.070 42 80 552
KGM 43593 756220 7977773 280 163 0.016 0.049 15 80 189
KGM 43660 757320 7977573 280 146 0.018 0.044 29 163 347
KGM 41601 760020 7982373 280 142 0.091 0.028 45 1390 296
KGM 43661 757420 7977573 280 140 0.015 0.048 54 234 1110
KGM 41819 758920 7983873 280 118 0.031 0.090 24 174 139
KGM 40428 755870 7979223 280 118 0.187 0.028 43 213 146
KGM 42175 758920 7983923 280 114 0.032 0.075 51 85 150

26

==> picture [842 x 53] intentionally omitted <==

KGM 43484 757520 7978173 280 111 0.004 0.032 23 141 1150
KGM 41602 760120 7982373 280 104 0.035 0.035 48 621 385
KGM 42162 758970 7983823 280 102 0.039 0.061 45 86 115
KGM 41573 760120 7982473 280 100 0.157 0.090 43 1200 378
KGM 43409 757120 7978373 280 91 0.029 0.188 51 174 165
KGM 41535 759220 7982573 280 90 0.017 0.055 25 421 68
KGM 43531 755620 7977973 280 88 0.012 0.065 36 167 521
KGM 42058 760120 7982623 280 85 0.027 0.032 28 277 496
KGM 41543 760020 7982573 280 85 0.060 0.043 55 872 481
KGM 43471 756220 7978173 280 84 0.023 0.030 36 124 170
KGM 41536 759320 7982573 280 83 0.009 0.068 30 339 92
KGM 42046 760070 7982573 280 81 0.073 0.104 80 1110 193
KGM 43545 757020 7977973 280 74 0.004 0.025 100 71 221
KGM 41825 758920 7983973 280 71 0.032 0.061 32 126 90
KGM 42169 758970 7983873 280 67 0.009 0.042 32 75 93
KGM 42037 760170 7982523 280 67 0.033 0.022 61 795 597
KGM 43605 757420 7977773 280 66 0.013 0.090 22 104 613
KGM 41324 758420 7983273 280 65 0.016 0.111 34 38 283
KGM 42012 760020 7982423 280 64 0.251 0.066 46 1960 253
KGM 43411 757320 7978373 280 63 0.001 0.033 33 283 620
KGM 43482 757320 7978173 280 63 0.003 0.041 20 118 706
KGM 41462 757720 7982773 280 61 0.011 0.071 83 97 175
KGM 43600 756920 7977773 280 61 0.002 0.043 29 117 261
KGM 42182 758870 7983973 280 58 0.017 0.035 45 81 69
KGM 41388 759020 7983073 280 58 0.055 0.067 69 173 184
KGM 43544 756920 7977973 280 57 0.009 0.061 53 157 278
KGM 42036 760120 7982523 280 54 0.078 0.035 66 973 513
KGM 43566 759120 7977973 280 54 0.025 0.029 13 706 590
KGM 42024 760070 7982473 280 51 0.128 0.029 40 542 1010
KGM 41419 759220 7982973 280 50 0.004 0.020 110 122 114
KGM 42074 759920 7982723 280 50 0.016 0.032 42 140 284
KGM 41069 755520 7980373 280 50 0.003 0.011 39 77 69
KGM 40414 755870 7979123 280 50 0.060 0.211 135 72 335
KGM 43601 757020 7977773 280 50 0.013 0.059 22 153 440
KGM 43486 757720 7978173 280 49 0.030 0.020 15 193 525
KGM 41820 759020 7983873 280 48 0.015 0.031 17 91 124
KGM 42163 759020 7983823 280 48 0.029 0.072 45 81 306
KGM 43549 757420 7977973 280 48 0.007 0.029 10 96 253
KGM 43647 756020 7977573 280 48 0.010 0.039 9 89 226

27

==> picture [842 x 53] intentionally omitted <==

KGM 41340 760020 7983273 280 47 0.021 0.036 154 83 533
KGM 43611 758020 7977773 280 47 0.016 0.062 22 574 1170
KGM 41574 760220 7982473 280 46 0.020 0.034 30 892 239
KGM 43599 756820 7977773 280 46 0.002 0.041 52 124 261
KGM 41298 758720 7983373 280 45 0.011 0.116 78 46 317
KGM 41443 758720 7982873 280 45 0.023 0.032 48 94 245
KGM 41597 759620 7982373 280 45 0.002 0.045 58 36 151
KGM 42003 760170 7982373 280 45 0.147 0.082 43 303 741
KGM 41036 755620 7980173 280 44 0.002 0.037 100 17 123
KGM 40421 755870 7979173 280 43 0.018 0.053 81 59 379
KGM 43416 757820 7978373 280 43 0.065 0.038 19 245 806
KGM 43656 756920 7977573 280 43 0.002 0.015 11 133 127
KGM 43412 757420 7978373 280 42 0.004 0.062 60 307 221
KGM 43650 756320 7977573 280 42 0.005 0.065 22 279 555
KGM 43659 757220 7977573 280 42 0.004 0.062 9 281 643
KGM 41056 755920 7980273 280 41 0.004 0.011 119 82 145
KGM 43594 756320 7977773 280 41 0.002 0.046 10 160 278
KGM 42155 758970 7983773 280 40 0.007 0.023 42 59 126
KGM 41814 759020 7983773 280 40 0.005 0.024 22 67 137
KGM 41613 758320 7982273 280 40 0.022 0.047 89 135 175
KGM 43663 757620 7977573 280 40 0.008 0.033 16 718 1370
KGM 44576 760820 7981873 280 39 0.019 0.022 153 346 1340
KGM 41375 757720 7983073 280 38 0.008 0.020 88 64 280
KGM 41894 760220 7982323 280 38 0.076 0.025 37 265 418
KGM 43485 757620 7978173 280 38 0.003 0.071 8 107 352
KGM 43606 757520 7977773 280 38 0.010 0.066 7 180 1290
KGM 43607 757620 7977773 280 38 0.004 0.047 16 189 419
KGM 41307 759620 7983373 280 37 0.033 0.130 120 53 340
KGM 43487 757820 7978173 280 37 0.003 0.043 6 85 346
KGM 41328 758820 7983273 280 36 0.018 0.048 90 45 722
KGM 41396 759820 7983073 280 36 0.023 0.077 42 56 286
KGM 43415 757720 7978373 280 36 0.008 0.037 14 149 438
KGM 42026 760270 7982473 280 35 0.106 0.053 41 594 560
KGM 41583 758220 7982373 280 35 0.003 0.037 64 54 245
KGM 41074 756020 7980373 280 35 0.003 0.047 193 42 191
KGM 43479 757020 7978173 280 35 0.001 0.057 69 125 325
KGM 43595 756420 7977773 280 35 0.001 0.034 13 138 185
KGM 43677 759020 7977573 280 35 0.003 0.055 14 106 232
KGM 42189 758920 7984023 280 34 0.011 0.020 15 93 69

28

==> picture [842 x 53] intentionally omitted <==

KGM 42177 759020 7983923 280 34 0.004 0.023 13 61 72
KGM 41418 759120 7982973 280 34 0.023 0.035 133 158 282
KGM 41521 757820 7982573 280 34 0.001 0.051 164 94 277
KGM 41379 758120 7983073 280 33 0.018 0.034 254 48 844
KGM 42188 758870 7984023 280 32 0.010 0.028 22 97 54
KGM 42190 758970 7984023 280 32 0.011 0.017 20 73 64
KGM 41331 759120 7983273 280 32 0.007 0.154 22 46 125
KGM 41358 758920 7983173 280 32 0.011 0.074 47 52 180
KGM 42010 759920 7982423 280 32 0.132 0.024 28 684 404
KGM 41090 755920 7980473 280 32 0.002 0.002 31 38 59
KGM 40360 756020 7978823 280 32 0.006 0.015 109 23 61
KGM 43551 757620 7977973 280 32 0.006 0.024 20 142 964
KGM 43665 757820 7977573 280 32 0.004 0.066 21 788 759
KGM 42130 759170 7983373 280 31 0.010 0.075 62 69 319
KGM 41359 759020 7983173 280 31 0.006 0.098 21 39 151
KGM 41389 759120 7983073 280 31 0.011 0.062 169 32 502
KGM 41497 758320 7982673 280 31 0.004 0.057 106 70 206
KGM 41572 760020 7982473 280 31 0.135 0.048 45 1100 662
KGM 42001 759970 7982373 280 31 0.002 0.021 32 927 329
KGM 41692 760420 7982073 280 31 0.010 0.111 285 91 238
KGM 40974 756220 7979773 280 31 0.005 0.029 79 70 57
KGM 40409 755970 7979073 280 31 0.004 0.038 106 30 80
KGM 43478 756920 7978173 280 31 0.002 0.031 57 76 247
KGM 43480 757120 7978173 280 31 0.004 0.042 38 104 378
KGM 43590 755920 7977773 280 31 0.007 0.027 18 70 158
KGM 43603 757220 7977773 280 31 0.003 0.057 16 132 650
KGM 43604 757320 7977773 280 31 0.002 0.069 16 187 365
KGM 43658 757120 7977573 280 31 0.005 0.053 8 183 330
KGM 41515 760120 7982673 280 30 0.023 0.025 29 236 322
KGM 43410 757220 7978373 280 30 0.003 0.030 32 118 267
KGM 43420 758220 7978373 280 30 0.004 0.012 8 246 748
KGM 43490 758120 7978173 280 30 0.002 0.038 9 313 399
KGM 41341 760120 7983273 280 29 0.003 0.049 31 79 384
KGM 42015 760170 7982423 280 29 0.150 0.040 68 467 1210
KGM 41892 760120 7982323 280 29 0.004 0.028 70 253 403
KGM 43481 757220 7978173 280 29 0.003 0.025 31 86 200
KGM 43538 756320 7977973 280 29 0.001 0.016 13 254 566
KGM 43546 757120 7977973 280 29 0.001 0.012 14 92 217
KGM 43591 756020 7977773 280 29 0.001 0.035 6 53 76

29

==> picture [842 x 53] intentionally omitted <==

KGM 42034 760020 7982523 280 28 0.019 0.044 45 600 574
KGM 42035 760070 7982523 280 28 0.103 0.029 45 505 1160
KGM 42025 760170 7982473 280 28 0.096 0.031 51 1250 437
KGM 43550 757520 7977973 280 28 0.002 0.057 13 64 162
KGM 43654 756720 7977573 280 28 0.004 0.077 42 132 257
KGM 43664 757720 7977573 280 28 0.003 0.047 9 282 450
KGM 42183 758970 7983973 280 27 0.005 0.021 12 59 59
KGM 42170 759070 7983873 280 27 0.004 0.019 22 77 135
KGM 42014 760120 7982423 280 27 0.084 0.028 52 515 980
KGM 41643 758420 7982173 280 27 0.024 0.017 112 61 574
KGM 40432 755920 7979273 280 27 0.007 0.063 45 72 81
KGM 41365 759620 7983173 280 26 0.121 0.051 12 66 350
KGM 41395 759720 7983073 280 26 0.005 0.046 11 57 199
KGM 41070 755620 7980373 280 26 0.006 0.017 32 129 110
KGM 43536 756120 7977973 280 26 0.009 0.035 18 142 493
KGM 43587 755620 7977773 280 26 0.055 0.034 17 76 152
KGM 41259 757720 7983473 280 25 0.016 0.044 57 109 247
KGM 41281 759920 7983473 280 25 0.005 0.047 23 50 170
KGM 41306 759520 7983373 280 25 0.019 0.192 136 110 289
KGM 41327 758720 7983273 280 25 0.013 0.022 86 65 293
KGM 41357 758820 7983173 280 25 0.009 0.081 82 27 387
KGM 41525 758220 7982573 280 25 0.002 0.028 197 130 279
KGM 41575 760320 7982473 280 25 0.034 0.055 31 418 368
KGM 42009 759870 7982423 280 25 0.060 0.023 30 200 299
KGM 43419 758120 7978373 280 25 0.003 0.035 10 123 258
KGM 42176 758970 7983923 280 24 0.003 0.022 9 39 47
KGM 41299 758820 7983373 280 24 0.008 0.036 39 43 258
KGM 42122 759570 7983173 280 24 0.010 0.028 14 65 329
KGM 41467 758220 7982773 280 24 0.005 0.032 179 35 464
KGM 41480 759520 7982773 280 24 0.006 0.038 409 62 370
KGM 42033 759970 7982523 280 24 0.094 0.030 41 585 741
KGM 42002 760070 7982373 280 24 0.002 0.046 31 1200 355
KGM 41603 760220 7982373 280 24 0.123 0.035 31 333 541
KGM 41057 756020 7980273 280 24 0.002 0.021 123 91 121
KGM 43501 759220 7978173 280 24 0.010 0.074 1 336 185
KGM 43648 756120 7977573 280 24 0.010 0.070 15 310 336
KGM 43649 756220 7977573 280 24 0.004 0.047 15 311 332
KGM 42168 758870 7983873 280 23 0.004 0.023 32 51 169
KGM 41202 757820 7983673 280 23 0.007 0.012 189 103 649

30

==> picture [842 x 53] intentionally omitted <==

KGM 41217 759320 7983673 280 23 0.007 0.019 6 186 204
KGM 41300 758920 7983373 280 23 0.005 0.041 33 47 171
KGM 41466 758120 7982773 280 23 0.003 0.030 275 43 501
KGM 41479 759420 7982773 280 23 0.009 0.082 156 31 478
KGM 40351 755920 7978773 280 23 0.019 0.118 110 44 174
KGM 43472 756320 7978173 280 23 0.001 0.061 36 132 632
KGM 43543 756820 7977973 280 23 0.001 0.068 30 45 225
KGM 43547 757220 7977973 280 23 0.001 0.011 9 106 252
KGM 43608 757720 7977773 280 23 0.001 0.055 10 391 261
KGM 43643 755620 7977573 280 23 0.002 0.028 8 100 136
KGM 41364 759520 7983173 280 22 0.002 0.028 13 91 517
KGM 41413 758620 7982973 280 22 0.004 0.031 44 37 100
KGM 41420 759320 7982973 280 22 0.008 0.060 118 61 253
KGM 41448 759220 7982873 280 22 0.003 0.039 53 88 172
KGM 41499 758520 7982673 280 22 0.002 0.074 321 51 602
KGM 42047 760170 7982573 280 22 0.068 0.019 25 252 400
KGM 42011 759970 7982423 280 22 0.149 0.033 38 1430 463
KGM 41630 760020 7982273 280 22 0.059 0.022 35 165 346
KGM 41632 760220 7982273 280 22 0.027 0.029 119 91 515
KGM 41053 755620 7980273 280 22 0.010 0.017 42 34 89
KGM 41021 755820 7980073 280 22 0.006 0.069 220 39 179
KGM 41116 756420 7979073 280 22 0.001 0.047 117 31 91
KGM 43535 756020 7977973 280 22 0.005 0.032 44 82 247
KGM 43554 757920 7977973 280 22 0.001 0.024 6 142 122
KGM 43564 758920 7977973 280 22 0.005 0.048 11 426 290
KGM 43598 756720 7977773 280 22 0.003 0.025 19 112 174
KGM 43644 755720 7977573 280 22 0.017 0.036 7 75 103
KGM 41824 758820 7983973 280 21 0.001 0.016 84 58 265
KGM 41289 757820 7983373 280 21 0.004 0.026 193 38 414
KGM 41311 760020 7983373 280 21 0.004 0.044 27 32 172
KGM 41329 758920 7983273 280 21 0.009 0.020 27 34 186
KGM 42124 759520 7983223 280 21 0.001 0.013 20 47 354
KGM 41376 757820 7983073 280 21 0.003 0.023 210 57 306
KGM 41392 759420 7983073 280 21 0.009 0.064 44 78 262
KGM 41449 759320 7982873 280 21 0.008 0.024 116 54 419
KGM 41465 758020 7982773 280 21 0.002 0.026 353 57 446
KGM 41496 758220 7982673 280 21 0.003 0.064 100 27 191
KGM 42060 760220 7982623 280 21 0.067 0.014 26 219 372
KGM 42038 760220 7982523 280 21 0.041 0.029 72 539 842

31

==> picture [842 x 53] intentionally omitted <==

KGM 41791 758720 7981673 280 21 0.002 0.008 73 77 48
KGM 41113 756420 7978973 280 21 0.001 0.051 117 31 119
KGM 43646 755920 7977573 280 21 0.002 0.043 8 43 150
KGM 43662 757520 7977573 280 21 0.002 0.032 8 83 95
KGM 41251 759820 7983573 280 20 0.007 0.028 26 105 209
KGM 41330 759020 7983273 280 20 0.007 0.023 21 39 141
KGM 41349 758020 7983173 280 20 0.002 0.042 108 58 273
KGM 42110 759920 7983023 280 20 0.013 0.019 67 38 649
KGM 42111 759970 7983023 280 20 0.013 0.072 53 37 915
KGM 41507 759320 7982673 280 20 0.005 0.037 30 66 184
KGM 42069 760170 7982673 280 20 0.007 0.022 27 122 276
KGM 42059 760170 7982623 280 20 0.027 0.011 26 228 436
KGM 41545 760220 7982573 280 20 0.025 0.056 40 415 504
KGM 41547 760420 7982573 280 20 0.002 0.025 42 188 710
KGM 41564 759220 7982473 280 20 0.013 0.027 31 177 166
KGM 41076 756220 7980373 280 20 0.009 0.045 579 75 511
KGM 41037 755720 7980173 280 20 0.003 0.019 67 40 83
KGM 41023 756020 7980073 280 20 0.002 0.022 108 106 205
KGM 40422 755920 7979173 280 20 0.073 0.045 131 25 127
KGM 40423 755970 7979173 280 20 0.007 0.025 31 40 52
KGM 43465 755620 7978173 280 20 0.002 0.022 12 56 86
KGM 43498 758920 7978173 280 20 0.010 0.028 10 209 615
KGM 43503 759420 7978173 280 20 0.003 0.031 11 342 843
KGM 43552 757720 7977973 280 20 0.001 0.033 1 87 7
KGM 43602 757120 7977773 280 20 0.005 0.030 15 81 204

32