REDSTONE RESOURCES LIMITED — Capital/Financing Update 2021

Nov 22, 2021

ASX ANNOUNCEMENT 23 November 2021

SIGNIFICANT HIGH GRADE COPPER INTERSECTED AT TOLLU, WEST MUSGRAVE

HIGHLIGHTS

• Four (4) reverse circulation (RC) drill holes, TLC188, TLC189, TLC190 and TLC192, for a total of 756m were drilled at the Chatsworth Prospect (Chatsworth) at the Tollu Copper Vein deposit (Tollu) to test for continuity of volume and extension of the high grade copper mineralisation to shallower depths.
• Preliminary handheld portable XRF (hh‐pXRF) analysis of drill chips* suggest the thick high grade copper mineralisation intersected in historical drilling at Chatsworth is relatively continuous between drill holes and extends beyond historical limits, including towards the surface.
• According to hh‐pXRF analysis, significant intersections in the recent drilling at Chatsworth include:
  • TLC188 ‐ 12m at 1.91% copper from 175m downhole including: o 8m at 2.78% copper from 175m downhole; and
  • TLC189 ‐ 28m at 1.2% copper from 62m downhole including: o 2m at 3.1% copper from 67m downhole.
  • TLC190 ‐ 16m at 2.62% copper from 74m downhole including: o 6m at 6.0% copper from 76m downhole; and
  • TLC190 ‐ 21m at 1.3% copper from 105m downhole including: o 5m at 3.12% copper from 120m downhole.
  • TLC192 ‐ 19m at 1.08% copper from 54m downhole including: o 3m at 3.45% copper from 63m downhole.
• The success of the limited RC drilling at Chatsworth suggests that there may be opportunities in the Tollu resource1 yet to be realised and which may need to be investigated subject to confirmation of results from laboratory‐based geochemistry.

*It is important to understand that copper grades derived from the analysis of drill chips by handheld portable XRF (hh‐pXRF) should be used as a guide only and is not a substitute for geochemical analysis of drill chip samples at a certified laboratory. Redstone will provide an update of more accurate copper grades for drilling intervals represented in this ASX announcement when the laboratory based geochemical analysis results are returned. Appendix 1 contains information on the results of testing the hh‐pXRF against certified reference material and Appendix 2 has all relevant drill hole details.

Redstone Resources Limited (ASX Code: RDS) ('Redstone' or the 'Company') is pleased to announce that preliminary analysis by handheld pXRF (hh‐pXRF) of recent reverse circulation (RC) drilling has successfully proven that thick high‐grade lenses of copper mineralisation intersected in historical drilling at the Chatsworth Prospect (Chatsworth), Tollu, have significant volume vertically and extend to shallower depths.

The recent Chatsworth intersections include downhole thicknesses for copper mineralisation of up to:

• 28m at 1.2% copper from only 62m downhole depth (TLC189) (see below); and
• 16m at 2.62% from 74m downhole (TLC190).

Chatsworth is part of the Tollu Copper Vein deposit on the Company's 100% owned West Musgrave Project (the Project) in Western Australia.

Redstone's Chairman Richard Homsany commented:

"We are very pleased with the further excellent high grade copper mineralisation results at the Chatsworth Prospect within the Tollu Copper Deposit. With only a limited number of drill holes Redstone has shown that, in the vast majority of cases, the thick high grade copper lenses extend beyond the historical drill holes they have so far been delineated in with thickness and grade either maintained or expanded.

Importantly, opportunities for extensions of mineralisation at Chatsworth include towards much shallower depths.

In addition, extensions with intersections of over 10 metres containing over 1% copper potentially provide opportunities in the Tollu resource that are yet to be thoroughly investigated.

We look forward to continuing our exploration efforts at the earliest opportunity next calendar year which, as has been the case for much of 2021, are subject to rig and personnel availability. The next drilling phase will include deeper RC drilling at select priority targets.

Redstone is confident that any further drilling at West Musgrave can significantly improve the value of the Project. We will keep the market informed once commitments are secured."

TOLLU COPPER VEIN DEPOSIT ‐ CHATSWORTH PROSPECT

Four reverse circulation (RC) drill holes, TLC188, TLC189, TLC190 and TLC192, for a total of 756m were drilled at the Chatsworth Prospect at the Tollu Copper Vein deposit (Tollu) to test for continuity of mineralisation vertically through the hosting sub‐vertical vein system, and in doing so, test if the thick high grade copper mineralisation previously intersected in early drilling held volume between and beyond the historical drill holes, particularly at shallower depths than previously intersected.

The early historical drilling at Tollu, primarily completed in 2010 and the results of which are included in the Tollu maiden resource1 defined in 2016 (refer to ASX announcement of 15 June 2016), intersected very high grade copper over seemingly thick lenses of mineralisation in individual drill holes but at the time, was not tested adequately along the vertical extent of the hosting quartz vein system. For instance, two historical holes, TLC033 and TLC034, drilled in December 2010, intersected a thick lens of high grade copper mineralisation that may have pinched and swelled within a sub‐vertically oriented vein system with 5m at 2.21% copper from 100m downhole in TLC033 but swelling to 15m at 1.39% copper from 136m downhole in TLC034 (ASX Announcement 21 February 2011), a vertical distance between intersections of approximately 35m. However, despite the excellent intersections and despite 35m representing a relatively long distance in terms of potential spatial variation of mineralisation in a vein hosted system, no other drilling has since been undertaken along the line to test vertical continuity of mineralisation.

In this drilling programme, Redstone tested this line with two drill holes, TLC188 and TLC189, targeting approximately 15‐20m vertically above the intersection in TLC033 and 25‐30m vertically below the intersection in TLC034. (refer to Figure 1). According to preliminary hh‐pXRF analysis, the recent drilling successfully proved that the thick high grade copper mineralisation seems to continue vertically, being maintained in the deeper intersection with 12m at 1.91% copper from 175m downhole, including 8m at 2.78% copper from 175m downhole (in TLC188) and swelling considerably in the shallower intersection with 28m at 1.2% copper from only 62m downhole, inclusive of 2m at 3.1% copper from 67m downhole (in TLC189).

As is clearly seen in Figure 1, TLC188 and TLC189 have proven that the thick high grade copper mineralisation intersected at Chatsworth in historical drill holes extends considerably shallower and deeper than historically delineated. In the particular location represented by Figure 1, TLC188 and TLC189 have extended the vertical continuity of the copper mineralisation to double previous with at least some 100m of vertical extent, seemingly continuous and still open at depth and towards the surface. What previously seemed a contraction of mineralisation towards the surface in TLC033, is most likely a 'pinch' in a pinch and swell morphology.

Figure 1 – E‐W Cross‐section of recent RC drill holes TLC188 and TLC189 along with the historical drilling at Chatsworth, Tollu, looking north. Note that copper grades on recent drilling are hh‐pXRF only and should only be considered a guide to actual grade. Grades on historical drill holes are both hh‐pXRF and laboratory based geochemistry and they are labelled accordingly. See text for further details.

Some 90m to the south of TLC188 and TLC189, drill hole TLC192 aimed to test for a further shallower continuity of thick high grade mineralisation intersected by historical drill holes TLC024, TLC031 and TLC030 (from east to west, see Figure 2) in December 2010. TLC192 was positioned to test for continuity approximately 20m vertically above the 9m at 1.29% copper from 86m downhole intersected by TLC030 (ASX Announcement 21 February 2011); it showed a swelling of the mineralisation to 19m at 1.08% copper from 54m downhole inclusive of 3m at 3.45% copper from 63m downhole (see Figure 2). The shallow extension of mineralisation by TLC192 extends the high grade mineralisation in this location to some 120m vertically and is open towards the surface (see Figure 2).

Figure 2 – E‐W Cross‐section of recent RC drill hole TLC192 along with the historical drilling at Chatsworth, Tollu, looking north. Note that copper grades on recent drilling are hh‐pXRF only and should only be considered a guide to actual grade. Grades on historical drill holes are both hh‐pXRF and laboratory based geochemistry and they are labelled accordingly. See text for further details.

On the historical drilling line between those above, some 50m to the south of that displayed in Figure 1 and 40m to the north of that displayed in Figure 2, the recently drilled RC drill hole TLC190 was aimed at testing at a shallower depth (20m above vertically), a thick high grade lens of mineralisation intersected in historical drill hole TLC015, drilled in April 2010, which intersected 20m at 2.45% copper from 178m downhole depth (ASX Announcement 28 June 2010). An historical hole, TLC032, was drilled 'above' TLC015 (some 30m vertically), however it was terminated at 139m downhole depth and so never tested directly above the mineralisation in TLC015 outlined above. The recent drill hole, TLC190, showed a thinning of the mineralisation lens and a decrease in grade to 7m at 0.28% copper from 190m downhole.

However, interestingly, the position of the copper mineralisation in TLC190, although of lower grade and thickness, suggests the mineralisation intersected at a similar downhole depth in historical drill holes TLC015 and TLC020 is oriented almost horizontal on the Figure 3 section plane. This suggests a previously unrecognised additional orientation to copper mineralisation at Chatsworth.

Figure 3 – E‐W Cross‐section of recent RC drill hole TLC190 along with the historical drilling at Chatsworth, Tollu, looking north. Refer to text for grades of pending interval, which could not be added to the figure in time for the ASX release. Note that copper grades on recent drilling are hh‐pXRF only and should only be considered a guide to actual grade. Grades on historical drill holes are both hh‐pXRF and laboratory based geochemistry and they are labelled accordingly. See text for further details.

Importantly, TLC190 also confirms two shallower thick high grade copper lenses intersected by historical RC drill hole TLC032 with hh‐pXRF suggesting 16m at 2.62% copper from 74m downhole including 6m at 6.0% copper from 76m downhole and 21m at 1.3% copper from 105m downhole inclusive of 5m at 3.12% copper from 120m downhole (see Figure 3). The historical intersections in TLC032 positioned just 8‐10m vertically above TLC190 included 9m at 3.08% copper from 55m downhole and 8m at 2.17% from 100m downhole (ASX Announcement 21 February 2011). The seeming juxtaposition of the mineralisation in such close spaced drilling, including the apparent lack of thick mineralisation at these depths in TLC015 positioned some 20m vertically below TLC190, needs to be investigated further (refer to Figure 3).

The 2021 RC drilling has shown that whilst there is some complexity at Chatsworth, as would be expected in a vein hosted system, the thick high‐grade copper mineralisation intersected in historical drilling seems to hold volume between historical drill holes and extends beyond that which has been intersected by drilling to date. Where this has been shown, both thickness and grade are maintained or expanded. Importantly, this drilling has shown that the opportunities for extensions of mineralisation at Chatsworth include towards the surface to much shallower depths. The drilling has highlighted that there may be opportunities in the Tollu resource1 not yet realised and which may need to be investigated.

This Announcement has been approved for release by the Board of Redstone Resources Limited.

For further information please contact:

Richard Homsany Chairman Redstone Resources Limited +61 8 9328 2552 contact@redstone.com.au

Miranda Conti Company Secretary Redstone Resources Limited +61 8 9328 2552 contact@redstone.com.au

1. Initial JORC 2012 resource of 3.8 million tonnes at 1% Cu, containing 38,000 tonnes of copper at the Tollu Copper Vein Project, West Musgrave (ASX Announcement 15 July 2016).

REDSTONE RESOURCES

Redstone Resources Limited (ASX: RDS) is a base and precious metals developer exploring the 100% owned prospective West Musgrave Project, which includes the Tollu Copper vein deposit, in Western Australia. The West Musgrave Project is located between OZ Minerals' Nebo Babel prospect and Metals‐X Wingellina Ni‐Co project. Redstone is also actively evaluating the HanTails Gold Project at Kalgoorlie, Western Australia for potential development in future.

Competent Persons Statement

The information in this document that relates to Redstone exploration results from 2017 onwards was authorised by Dr Greg Shirtliff, who is employed as a Consultant to the company through Zephyr Professional Pty Ltd. Dr Shirtliff is a Member of the Australian Institute of Mining and Metallurgy and has sufficient experience of relevance to the tasks with which he was employed to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore reserves Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Dr Shirtliff consents to the inclusion in the report of matters based on information in the form and context in which it appears.

The information in this report that relates to Mineral Resource for Tollu, West Musgrave Project was authorised by Mr Darryl Mapleson, a Principal Geologist and full time employee of BM Geological Services, who were engaged as consultant geologists to Redstone Resources Limited. Mr Mapleson is a Fellow of the Australian Institute of Mining and Metallurgy. Mr Mapleson has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration to act 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 Mapleson consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

ASX Listing Rule Information

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 in the case of estimates of Mineral Resources, that all material assumptions and technical parameters underpinning the estimates in the original market announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the competent persons findings have not been materially modified from the original announcement referred to in the release.

Forward‐Looking Statements

This document may include forward‐looking statements. Forward‐looking statements include, but are not limited to statements concerning Redstone Resources Limited's (Redstone) planned exploration program and other statements that are not historical facts. When used in this document, the words such as "could", "plan", "estimate", "expect", "intend", "may", "potential", "should", and similar expressions are forward‐looking statements. Although Redstone believes that its expectations reflected in these forward‐looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward‐looking statements.

Appendix 1: Description of Handheld Portable XRF (hh‐pXRF) Method of Analysis, Summary of Significant Results by this Method and Instrument Check Against Certified Standards

The table below is a table of significant intervals that were achieved via analysis of RC drill chip sample piles by handheld portable X‐Ray Fluorescence (hh‐pXRF) analysis. It is important to understand that metal grades derived from the analysis by hh‐pXRF cannot be relied upon as an actual grade and should be used as a guide only. The hh‐pXRF analysis is not a substitute for geochemical analysis of drill chip samples at a certified laboratory. This is not only because of variables inherent within the instrument and the environmental conditions of use but also because of the unrepresentative nature of analyzing a large area of heterogenous sample material with a micron sized analytical beam width. All the analyses within the table below were completed by an Olympus Delta X pXRF instrument using a 60 second analysis on the 'geochemistry' function. The analysis was performed on each RC drill chip sample pile being logged by geologists on the ground after first flattening the pile cone for as even as possible surface for analysis and determining a relatively even distribution of grain size. The area of analysis was allowed to dry before the analysis was performed.

Hole ID	FromDepth(m)	To Depth(m)	Intervalthickness(downhole m)	AverageGrade%Cu	Cut‐off%Cu	Dilution(m)
TLC188	32	35	3	1.08	0.3	0
TLC188	175	187	12	1.91	0.1	2
TLC188	175	188	8	2.78	0.5	0
TLC189	62	90	28	1.2	0.1	2
TLC189	67	69	2	3.1	3	0
TLC190	74	90	16	2.62	0.1	1
TLC190	76	82	6	6	2	0
TLC190	105	126	21	1.3	0.1	4
TLC190	114	118	4	4.75	2	0
TLC190	120	125	5	3.12	1	0
TLC192	54	76	`19	1.08	0.1	3
TLC192	63	66	3	3.45	2	0

The table below shows the performance of the hh‐pXRF analysis against two certified standard powders at two end member values, one low (GBM903‐3 at 0.0167 wt% Cu) and one medium (GBM907‐11 at 0.3873% wt% Cu) at the time of analysis of the samples reported on in this ASX announcement. The results of the standards check shows the instrument was within 1% of the certified value for the medium grade sample, which is considered adequate for the measurements reported in this ASX announcement. The analysis against the low grade sample is larger than 10%, which is not ideal, however this is orders of magnitude lower than the analyses quoted in this ASX announcement. It should be noted that the reporting of the results in the ASX release are suggestive only and not in any way a replacement for geochemical analysis at a certified laboratory.

Standard	Cupper (Cu)) CertifiedValue (wt%)	No. hh‐pXRF TestAnalyses	Average Result%Cu	Error (% fromcertified value)
GBM903‐3	0.0167	10	0.01942	16.29
GBM907‐11	0.3873	10	0.3837	‐0.93

Appendix 2: Summary Table of drill hole details for drill holes referenced in this ASX announcement.

Hole ID	Easting	Northing	Method	Azimuth(degrees)	AzimuthMethod	Dip(degrees)	Final Depth(m)
TLC188	438096	7108603	hhGPS	270	magnetic	‐60	216
TLC189	438051	7108600	hhGPS	270	magnetic	‐60	150
TLC190	438079	7108548	hhGPS	270	magnetic	‐60	240
TLC192	438061	7108510	hhGPS	270	magnetic	‐60	150
TLC020 (historical)	438109	7108556	RTK_GPS0.1	266	magnetic	‐60	235
TLC021 (historical)	438132	7108555	RTK_GPS0.1	266	magnetic	‐60	271
TLC024 (historical)	438120	7108515	RTK_GPS0.1	260	magnetic	‐60	247
TLC025 (historical)	438150	7108518	RTK_GPS0.1	260	magnetic	‐60	286
TLC030 (historical)	438070	7108510	RTK_GPS0.1	266	magnetic	‐60	127
TLC031 (historical)	438090	7108510	RTK_GPS0.1	266	magnetic	‐60	157
TLC032 (historical)	438075	7108550	RTK_GPS0.1	260	magnetic	‐60	121
TLC033 (historical)	438060	7108600	RTK_GPS0.1	266	magnetic	‐60	139
TLC034 (historical)	438080	7108600	RTK_GPS0.1	266	magnetic	‐60	175
TLD035 (historical)	438090	7108470	RTK_GPS0.1	266	magnetic	‐60	139

The collar location references are using the GDA94 Zone 52 datum system.

JORC Code, 2012 Edition – Table 1 report Tollu Project

Section 1 Sampling Techniques & Data

(Criteria in this section apply to all succeeding sections.)

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• samples for laboratory based geochemical analysis was 0.1% and in most cases, the 1m sample either side of that value was also selected. In some drill holes the entire holes was sampled; where so outside the mineralised zones were composited into 4m composites.
• A small (1-2 teaspoon sized) representative sample was kept of each metre for record purposes.

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	3

Criiater	JORCCodelaniotexpan	Cotammenry
Quliftyaoda&taassaylabotorraytests	Theli&iafheing&laboturtytenttornae,quaappropress oassayraydud&hehehehniqisided pial otttectproceres userueconsrearrwl.totaFohyicalls,hadheldXRFinstootrotertruts,r geopsspecmes,nmenhedindeininghelyisincludingtc.ttertertearames usemanas	Gefof afoheical alydistediddigtionocmnasesperrmeconsouracesd/oidefuionbefoInduivelyColedPlasMatanrperoxsrecupmassSp(CS)CotroteIPMIndutivelyledPlasAtoicecmerorcupmamEmissionSp(ICPAES).Thishniqisided altrotetetotaecmercueconsrelyis.anas
	p,facinske&del,dingimlibrionliedtrut mtttormenamoreaescaass app,&heirdeivaiontttc.re,	Asdeibedbohehh-XRFddeinehichlesttotescravepusermsampwlectedfolyisintheftheinswereseranasareaocoppervewas
	Naf qlil pdudod(dadsblanksturtytrotetane ouaconroceres ape.g. sr,,dulicallaboheks)&heheblelevlstestertorttapexnaraccr accepeoyw,(i.elack ofbias)&isionhabeblished.taaccurarecveenes	librdinglibriondiscddadiseddtettacaauscaasansnrcompressedetthetat of edadimtelyhohepowrsasrveryyanapproxaeveryurwnflyinganas
	cyp	All sdadsblanksdfileddulicadeibed abotatenranps arescrve,
		Thetotal efo(Cu)trationdbyfieldrrorr copperconcensasmeasuredulicafohelesdbyhisASXleadhetettettpsrsamprepresenresepassediffef20%Thisisidedithin±averagemeanrenceoconsrewionfoheical slingfRCdrillingdhotatexpecsr geocmampoanswsnoigificatbiastowdstheitivetivesnnarposor nega
Veificaionftroling&samp	Theificaionf sigificainionbyiheindedettterttt overonnsecserpennrlivel.tertanacompanypersonne	Veificationfigificatintetionhobytheltsfrosnnrsecsasswnresuoheical alyhabedeiaZehyPrfeionlPLdtytgeocmnasessenmaprossav
ingassay	Thefinndholestwseoeu	loydRedstoloyintelly.empees anneempeesrna
	Doionf pimdadadudatatta,tatrytacumenoraryenproceres,f()iicaiondahyical&lecicls.ttatortrotocversagepsenproo,	Thehabededicatedtwinndholesinthisdrillingresennoe
	Discdjdatmttota.uss anyausenassay	All glogical adheicaldatahabehekedbybotheongeocmsenccRedsloydZehydireAll glogical addrillingtotoneempeesanprcrseondatahabetedintoRedstoAcdatabaThesenenreanecessseheisislybeinglydbuill alsollybetrytt wtugeocmcurrenanaseevenaincludedintheAcdatabacessse
fLoiontcaodaintatspo	Ac&lif sdlocdrillholes(llar&tytotecuracyquaourveys useaco),do-hleheineking&helociondtrettwnosurveysncs,mworsoras useinMinelReimionttrasourceesa	AptfrothetlortiondrillholeslldrillholellararmcurrenexpaacosfedinhisASXleahabedfoingttrerencereseveensurveyereas,thing&levtioningRTKGPStehichlefttonoreausansysmwwaslibrfo1.hoiordingdafohjte5totatcaarursprrecorsurveyr eacproec

Criiater	JORCCodelaniotexpan	Cotammenry
	Spificaionfheid sd.tttemecogrysuseQuli&defhicl.tytoptroaaquacyoograpcon	GSloctionThedingtothePitdaaccuracyaccorunaverageimly10cfoll rding(h,hdlevion).tetttapproxamr aecorsnorsouaneasG&CuDatallectedinMA94Zo52AHD.tdrillholeswas conerrenwereiiondbyhadheldGPS.tposen
Daingtaspac&disibuiontrt	DaingforingfExlorionReltattts.spacreporopasuWhehehedaing&disibuionisfficienblishhetttatrtttotatrspacsuesf gfordelogical&deinuiiaheMinelttytetgree oeograconapproprraRe&OrReimiondu()&clasificaiontttsourceeserve esaproceressslied.appWheheleiinghabelied.ttr sampcompossenapp	Drillinghabefolorionly,ingiesbettwtatssenr expaonspacvareenrge
Orienionftatodaintalaionttorelogicalgeotrutursce	Wheheheienionf slinghievbiasd slingftttatroroampacesuneampoible&hehichhisisknideingtruturttenttotpossscesexwown,consrhedeitttypospe.Ifhelaionhipbehedrillingienion&heienionftttwttatttatreseenororokeinelised sisidedhaindud atruturtotromracesconsreveceylingbiashisholdbed&dif mial.ttetersampsuassesserepora,	Drill aledetailsiveinthetext oftheleadinthetableinngare gnreseanOr(theleaientationisdingtothelortiontattextreseaccorexpargeseef rleafofuthedetails).oeserrr
Salempitysecur	Thekeleitatoty.measuresnensuresampsecur	fAll gheical sleslectedbylogistsintheielddeocmampweresegeoandirelyhelabofrohefieldininglehicle,tttottotsencrarymasvef gkadinbulkebaReltsheical alyistpacgergs.suoeocmnasweresendiretlytothedeigtedRedstologistfoteingintothecsnanegeor enrfoAcdatabadlyis.cessseanr anas
Auditsoriewrevs	f af sTheldiiewlinghniq&datststecta.resuonyauorrevs oampues	Nolicablet app

Section 2 Reporting of Exploration Results

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

Criiater	JORCCodelaniotexpan	Cotammenry
Minelra&landtentemententatusure s	Tyfer/nbelocion&hipincludingtpe,reencenameumr,aownersialissihhird piesh ajintsterttttagreemenormaues warsucsohipidingliesiveileinturtnettttterts,venesparrss,overrroyanaes,,hisical siildeionl pk&irol singtortesttattwrness or naaarenvnmenes.,Theifheheld aheimf ringlonih atyttentttttsecurouree oeporagnywknimdimbiningliceinhetstotatotetownpeenoanceoperaarea.	TheWtMujtislocted withinE69/2450dE69/3456essgraveproecaan(WAulia).ThelorionliceheldbyRedstetrattoesrnsseexpansesareneReLtd.sourcesThetetsind stading&knimdimtsist.nemenaregoonnoownpeenex
Exloriontpadobyhetneoriestpar	f eAcknledg&isal olorionbyheiesttttowmenappraxpaor par	Thehabelimitedt elortiondetakebythetiesresenrecenxpaunrnor parttheWtMuPrjt.aessgraveoec
Gelogoy	Deilogical sing&lef minelisaionttytttytpospe,geoesora	Theticiginistlydeiewdt of ahgeneorcurrenunr revanparresearcjt.proec
DrillholeInforiontma	Af allinforionialhededingfhettertottantsummaryomamanrsoulorionlincludingbulaionfhefollowinginforionttstatttexparesuaomaforllMaialdrillholestera:	Sehebleinheleattaterese
	fEaing&hinghedrillholellartttsnorocoo
	levionRL(RedudLel –levionbolevlintteaorceveeaaveseaeo)fhedrillholellartretmesoco
	dip&imhfheholettazuoo
	doholelenh&iniondehtterttwngceppo
	holelenh.tgo
	Ifhelusionfhisinforionisjified ohebaishahettttttttexcomausnsforfroinionisMaial&hislusiondodehetttertttrattmanoexcesnocmdedingfheheCoPehold clealytantt,ttentunrsorepormperson surlainhyhisishettexpcasew

Criiater	JORCCodelaniotexpan	Cotammenry
Dataiontaggregahodstme	IningExlorionRelighinginghniqttts,ttecreporpasueaveragues,wimd/oinimdeion(ingfhightrutttmaxumanr mumgrancase.g. cuo)ff gde&cdellyMaial&holdbed.t-otertategrasras areusuassuu	CoiinghabedeibedboThehniqfottempossenscravecueritingdtailedthelabhingtretoinalcomposuseencruseverymeanom2mhedinizebefoliingff a400-700gleingttmcrusgrasresposampus,
	Wheinincholenhsfhigh gdetetertstettreaggregaceporporasrgorafforl&lonlenhslowdelhedudtstts,tresugergograresuprocereuseh aionholdbed&ical elesf shttatetysucggregasussomepxampoucionholdbehoindeil.ttaaggregas suswn	f efotalitteh mtreitingThelabthededa roryspr,oacer composn proceeihe400-700glestotetcompossamp
	Theiondforingf ml eivalenluetttat vassumps useanyreporoeqasuholdbelealyd.tatesucrs
Relaionhiptsbetweeninelisaiont	Thelaionhipicularlyiminheingftttantttseress areparporreporoExlorionReltts.pasu	SNotruidthshabetatedinthisAXleajtdoholeewveensreseuswn,intetlenthsrcepg
mraidhs&twinlenhsterttcepg	Ifhefheinelisaionih rhedrillholettrytttttotgeomeomrawespecleiskniholdbed.tsturteangown,nae sreporu
	Ifiiskn&lyhedoholelenhsd,hetttttetnoownonwngarereporre(holdbeleahisffec'doholelenh,tatemttottttrusuacr senee.gwngeidh nkn').ttoownw
Diagrams	Apia&ion(ih sles)&bulaionfintetttattertsproprmapssecswcas ocepforfholdbeincludedigiicadiscbeingdThettesanysnnoveryreporseuholdincludebubelimidlaniewfdrillholellart nttetosuoa pvoco,locion&iaionl viewttetasapproprsecas.	SeASXleaerese
Balandceingtrepor	Wheheiveingf allExlorionRelistttstrecomprensreporopasuno/oicable,iveingfbohlow&high gdedttatttpracrepresenrepororas anridhsholdbeicedid misleadingingftttotspracavoreporowuExlorionReltts.pasu	Onlybsiond,dadeilsbofofuhettetatatoervasarereporseeaverrrinfotionrma
Ohetrbsivetantsuloriondattaexpa	Oheloriondaif mingful&ial,holdbedttta,terter expaeanmasureporincluding(bulimid)logical obsionhyicalt nttetoto: geoervas;geopslheical slbulk slests;ts;surveyresugeocmurveyresuamp–ize&mhod oflluricallbulkdeittretmt;tatest rts;ty,seaenmegesunsdwhnical&k chaisicsialtertecterttentgrounageorocrac;po,deleiouinaingbstertamttans or consces.u	Nothelortiondatallectedisidedteialtothisorexpacoconsremart.announcemen
Fuhektrr wor	The&lef plandfurhek(forlalturtteststernaescaoner wore.ga).iondehionlarledrillingtenttenteptexss orpexss orge-scas-ou	Thedetailsfthetuffutuk atlybeingd.onareoreworrecurrenassesse

Criteiar	OCCoJRdelantioexpan	Cotammenry
	f pDiaglealyhighlighingheibleiontttenramscrareasoossexss,includingheinlogicalinion&fudrillingttertatturmageopreseareas,idedhisinforionisiallyiivettt ctprovmanoommercsens

Section 3 Estimation & Reporting of Mineral Resources

NOT APPLICABLE