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RESOLUTION MINERALS LTD Capital/Financing Update 2025

Nov 2, 2025

65717_rns_2025-11-02_53d517c0-b0a0-4da8-be35-1d587b83b7df.pdf

Capital/Financing Update

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3 November 2025

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SIGNIFICANT GOLD DISCOVERIES CONTINUE AT GOLDEN GATE - DRILLING HITS 253.0m @ 1.5 G/T AU FROM SURFACE AND OPEN IN ALL DIRECTIONS ENDING IN MINERALISATION

DRILLING CONFIRMS DISCOVERY STATUS AT HORSE HEAVEN’S GOLDEN GATE TARGET WITH THREE CONSECUTIVE HOLES ENDING IN MINERALISATION, IDENTIFYING THE LARGE INTRUSION-RELATED GOLD SYSTEM ONLY 16KM FROM THE STIBNITE GOLD PROJECT (PPTA.NAS)

Highlights

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  • Golden Gate now has reported results for three diamond holes from surface, all ending in gold mineralisation, confirming a large, open intrusion-related gold system. The two most recent holes include:

  • HH-GG25-003C: Down hole interval of 253.0m @ 1.50 g/t gold from surface to 253.0m (open ended), including:

    • 111.9m @ 2.31 g/t gold from 130.5m and 18.3m @ 3.98 g/t gold from 149.4m (with the highest assay result of 5.91 g/t gold over a down hole width of 1.5m)

  • HH-GG25-002C: Down hole interval of 265.2m @ 0.60 g/t gold from surface to 265.2m (open ended), including 89.9m @ 1.15g/t gold from 121.9m .

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  • On 28 October 2025, the Company reported a down hole interval of 189.2m @ 1.30 g/t Au from 34m , ending in mineralisation, in HH-GG25-001C, including:

  • Down hole interval of 12.9m @ 2.32 g/t Au from 94.4m ; and

  • Down hole interval of 70.8m @ 2.24 g/t Au from 128.8m.

These results demonstrate the continuous potential for a large intrusive-hosted gold system with geology, sulphides and alteration similar to the Stibnite gold-antimony deposit, only ~16km away.

Multiple near-term catalysts include:

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  • A Reverse Circulation drill rig is being mobilised to Golden Gate to immediately follow-up on the results of the first three holes.

  • Assay batch results from 7 additional oriented Core holes of the Phase-1 program (including bottom of HH-GG25-001C) to be released progressively over the following months.

  • RML’s Horse Heaven project is strategically located in a district central to domestic critical mineral supply chains (gold-antimony-tungsten-silver), all aligned with the U.S. government priorities.

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RML’s CEO of US Operations, Craig Lindsay, commented on the discovery:

“Following up our first hole with even stronger results from holes 2 and 3 is an exceptional outcome for the Golden Gate prospect.

These results confirm that Golden Gate hosts a large, robust gold system with all holes returning broad gold mineralisation from surface and finishing in mineralisation.

That level of continuity and consistency is extremely rare this early in a program and highlights the potential scale and our belief that Golden Gate has all the hallmarks of a significant intrusiverelated gold deposit, comparable to the major systems seen elsewhere in the district, including Perpetua’s Stibnite, which is only 16km away.

With multiple targets still to test across the broader Horse Heaven Project, including Antimony Ridge, our confidence continues to grow that we’re on the verge of uncovering a truly districtscale gold system with complementary known tungsten and antimony mineralisation.”

Resolution Minerals Ltd (ASX: RML; OTCQB: RLMLF) (“Resolution” or “Company”) is pleased to report that its maiden drill program at its 100% owned Horse Heaven Gold-Antimony-TungstenSilver Project (“Horse Heaven” or the “Project”), Idaho, USA (Figure 1) has delivered additional broad intervals of near-surface gold mineralisation at Golden Gate Prospect.

Assay results have now been received for drill holes HH-GG25-002C and HH-GG25-003C, which, together with previously announced HH-GG25-001C, confirm continuity of strong gold mineralisation from surface across multiple holes. HH-GG25-002C and HH-GG25-001C were drilled as fan holes from the same platform, while HH-GG25-003C, located ~75m northeast, successfully extended the mineralisation system along strike.

As seen in recently reported hole HH-GG25-001C, gold mineralisation in the second and third holes is believed to be associated with pyrite and arsenopyrite, which are evident throughout the holes, supporting an Intrusion-Related Gold System model.

Significant down hole intersections of gold mineralisation include: HH-GG25-003C:

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  • 253.0m at 1.50 g/t gold from surface to 253.0m (open ended), including:

  • 45.7m at 1.88g/t gold from 71.6m ; and

  • 111.9m at 2.31 g/t gold from 130.5m ; including:

    • 18.3m @ 3.98 g/t gold from 149.4m

    • This interval also has the highest assay result to date of 5.91 g/t gold over a down hole width of 1.5m.

HH-GG25-002C:

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  • 265.2m @ 0.60 g/t gold from surface to 265.2m (open ended), including:

  • 89.9m @ 1.15g/t gold from 121.9m .

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In both drill holes the gold mineralisation is open-ended at end-of-hole, therefore in both instances, open at depth.

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----- Start of picture text -----

Perpetua Resources Inc
(PPTA.NAS; A$4bn
market cap)
----- End of picture text -----

Figure 1 : Horse Heaven Project location map, highlighting the location of the two current major antimony-gold-silvertungsten targets, the Golden Gate Target (where the Phase 1 Core Drilling Program was conducted) and the Antimony Ridge Target. Also highlighted is the fully-permitted Stibnite Gold Project, which is only 6km east of Horse Heaven. Note: Coordinates are UTM metres north and east metric system, not latitude/longitude.

Hole ID Drill Diameter Drill Hole Location Drill Hole Location Drill Hole Location Drill Hole Location Drill Hole Location Elevation Di Az EOH EOH m
Type Grid Datum **Zone ** **Easting ** Northing (m) p (ft) ()
HH-GG25-001C Core HQ3 UTM NAD83 11T 619741 4978962 1963 -55 120 760 231.6
HH-GG25-002C Core HQ3 UTM NAD83 11T 619740 4978961 1963 -55 145 870 265.2
HH-GG25-003C Core HQ3 UTM NAD83 11T 619792 4979034 1992 -55 158 830 253.0

Table 1 : Drill parameters of the maiden Golden Gate Diamond Core drill program, including for holes with assays reported in this announcement, HH-GG25-002C and HH-GG25-003C, and the previous announcement of 28 October 2025 “Significant Gold Discovery at Horse Heaven Project”, HH-GG25-001C.

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Purpose of HH-GG25-003 C

Drill hole HH-GG25-003C was designed to (i) re-evaluate previously drilled gold occurrences in the shallow, oxidised profile (identified in pre-RML drilling) stepping out in a northeast direction from HH-GG-001C; (ii) test for a northeastern extension of sub-surface mineralisation subject of historical tungsten mining, close to where HH-GG25-001C/2C are collared; and (iii) For the first time, like HH-GG-001C, identify possible un-oxidised mineralisation at depth to the northeast.

Results of HH-GG25-003C

The hole was highly successful in identifying material intervals of un-oxidised gold mineralisation. The style of gold mineralisation in HH-GG25-003C is the same as that identified in HH-GG25001C (hole 1). It is hosted in altered quartz-sericite to silicified monzonite, quartz-monzonite and granodiorite (Figure 3) and is closely associated with pyrite and arsenopyrite, which are described as occurring throughout the hole.

Significant gold mineralisation is recorded in HH-GG25-003C from “ top to bottom ”, thus including a down hole intersection of 253.0m at 1.50 g/t gold from surface to end-of-hole (at 253.0m) . This intersection includes 45.7m at 1.88g/t gold from 71.6m in an oxidised profile, and 111.9m at 2.31 g/t gold from 130.5m ; including: 18.3m @ 3.98 g/t gold from 149.4m in an un-oxidised profile.

Importantly, higher grade zones occur below the unoxidized profile, where associated metal sulphides are preserved, mirroring the pattern seen in HH-GG25-001C,

Elevated Tungsten in HH-GG25-003C is recorded over a down hole interval of 5ft (1.5m) between 55.0ft and 60ft (16.7m and 18.3m). Sample 190656 contains 0.113% W (tungsten). The tungsten mineralisation is believed to be a sub-surface northeasterly extension of mineralisation subject of historical mine workings dating from the time of historic Scheelite mining.

Purpose of HH-GG25-002C

Drill hole HH-GG25-002C was drilled to (i) re-evaluate previously drilled gold occurrences in the oxidised profile (identified in pre-RML drilling) fanning out from HH-GG-001C in a more southeasterly direction (Figure 2); (ii) test for a southeastern extension of sub-surface mineralisation subject of historical tungsten mining, close to where HH-GG25-001C/2C are positioned; and (iii) for like HH-GG-001C, identify possible un-oxidised mineralisation at depth but in a more southeasterly direction ( noting that the drill hole was completed well prior to HH-DD25001C assay results ).

Results of HH-GG25-002C

The hole intersected gold mineralisation from surface to end of hole, the longest continuous interval of the three holes reported to date, confirming that gold mineralisation remains open in all directions. The key take away is the fact that, like HH-GG25-003C, HH-GG25-002C is mineralisation from “top to bottom” (Figure 4). Down hole gold mineralisation includes an intersection of 265.2m @ 0.60 g/t gold from surface to end-of-hole (at 265.2m) . This intersection represents the. It includes 89.9m at 1.15g/t gold from 121.9m in an un-oxidised profile.

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HH-GG25-
002C Enlargement
HH-GG25-003C
HH-GG25-
001C
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Figure 2: Drill hole location map of the Phase 1 Golden Gate drill program. HH-GG25-001C, HH-GG25-002C, and HHGG25-003C are located in the central northern part of the Golden Gate Target. INSERT: Enlarged part of the plan, included to show the details of the drill hole configuration in the vicinity of HH-GG25-001C. HH-GG25-001C is the first hole at Horse Heaven to properly test un-oxidised mineralisation. Shallow, pre-RML RC drill holes (grey hole traces) are also shown, including 94-02 and 94-06, which both appear in Figure 3. The drill hole parameters and summary mineralised interval of the pre-RML RC drill holes were provided to the market in ASX announcement dated 11 June 2025.

Elevated Tungsten in HH-GG25-002C is recorded over a down hole interval of 8.6ft (2.7m) between 127.1ft and 135.7ft (36.5m and 38.0m). Sample 190684 contains 0.193% W. The tungsten mineralisation is believed a sub-surface extension of mineralisation subject of historical mine workings dating from the time of Scheelite mining (also intersected in HH-GG0001C).

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Preliminary Interpretation of HH-GG25-001C, HH-GG25-002C, and HH-GG25-003C

The pervasive, material levels of gold mineralisation in HH-GG25-002C, and HH-GG25-003C confirm the discovery of a potentially large Intrusion Related Gold System at the Golden Gate Prospect. For all three holes, the down hole envelopes of gold mineralisation are very significant and include:

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  • HH-GG-001C: 189.2m @ 1.30 g/t Au from 34m (open ended)

  • HH-GG-002C: 265.2m @ 0.60 g/t Au from surface (open ended)

  • HH-GG-003C: 253.0m @ 1.50 g/t from surface (open ended)

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Figure 3: Schematic cross section of HH-GG25-003C showing the local geology, highlighting the significant gold intersections, and pre-RML RC drill holes intersections draw into the plane of the cross section. Strong pervasive gold mineralisation is hosted in both the monzonite (including 1.88g/t gold over 45.72m) and granodiorite (including 2.31g/t gold over 111.86m), lower-grade, but still significant god mineralisation is hosted in fault breccias. The cross section shows how the pervasive gold mineralisation of HH-GG25-003C traverses a repeating sequence of fault breccias, structurally-bound monzonites and granodiorites. Together with the open nature of the mineralisation, this is highly encouraging (purple arrows).

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Figure 4: Schematic cross section of HH-GG25-002C showing the local geology, highlighting the significant gold intersections, and pre-RML RC drill holes intersections draw into the plane of the cross section. Pervasive gold mineralisation is hosted two monzonites (including a lower down hole intersections of 1.15g/t gold over 89.9m). The monzonites are effected by fault breccias, which themselves host material intersections of gold. The open nature of the mineralisation is highly encouraging (purple arrows).

Gold mineralisation in HH-GG25-001C, HH-GG25-002C, and HH-GG25-003C is associated with relatively low levels of pyrite and arsenopyrite, rarely with a combined total percentage of the rock (core material) greater than 5%. The sulphides occur as disseminations and veins/veinlets/stockwork in brecciated and non-brecciated monzonites and granodiorites.

Gold mineralisation in drillholes HH-GG25-002C and HH-GG25-003C (between 400 and 695 feet, or 235-795) occurs in quartz-sericite-pyrite altered monzonite to porphyritic granodiorite with locally sheared and brecciated intervals. Pyrite and arsenopyrite occur as disseminations and in veins. Higher gold grades are associated with zones of stockwork to sheeted polyphase chalcedonic quartz veins with black-silica-sulfide rims. At depth, drillholes show increasing epidote and chlorite alteration and calcite veining.

Sericite alteration is pervasive with the sulphides, with localised intervals of epidote, chlorite, biotite, and silica. At shallow depths iron-oxides (including limonite) are relatively common.

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Tungsten mineralization in HH-GG25-002 from 115-140ft is associated with brecciated monzonite with pyrite-arsenopyrite mineralization and brown manganese oxide matrix fill. Tungsten mineralization in HH-GG25-003 from 15-105ft occurs within a brecciated and/or silicified feldsparquartz felsic intrusive with strong limonite and local MnOx alteration.

An important observation, that was not apparent in HH-GG-001C alone, is that the gold envelope of HH-GG25-001C, HH-GG25-002C, and HH-GG25-003C traverses a repeating sequence of fault breccias, structurally-bound monzonites and granodiorites (Figure 3 and Figure 4).

The open-ended and repeating nature of a structurally controlled gold-host is of particular interest. It goes to the possibility of strike and dip extensions, hence scale and potential resource building.

The gold mineralisation in HH-GG25-001C, HH-GG25-002C, and HH-GG25-003C displays three key elements germane to prospectivity. The gold mineralisation is:

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  • Associated with sulphide disseminations and veinlets and is pervasive in style;

  • Open-ended at depth and in all directions; and

  • Hosted in a repeating sequence of structure and structurally-controlled felsic intrusive rocks of the Idaho Batholith.

The broad intersections of gold mineralisation are collectively consistent, compatible and confirmatory of, the Intrusion Related Gold Systems (“IRGS”) Exploration Model of Horse Heaven (ASX announcement dated 11 June 2025, titled “ Agreement to Acquire Major Drill-Ready Antimony-Gold-Tungsten Project in Stibnite Mining District, Idaho, USA” and ASX announcement dated 28 October 2025, titled “ Near Surface Discovery of 189.2m @ 1.3 g/t gold from 34m, ending in mineralisation” . Please refer to Appendix A for further information regarding Intrusion Related Gold Systems and the Horse Heaven – Stibnite deposit exploration model-based comparison.

Next Assays Update

Resolution has now completed its 10 holes Phase-1 diamond program at Gold Gate, with all holes logged and sampled. This announcement reports results from the second batch of core samples, for HH-GG25-002C and HH-GG25-003C).

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  • Assay results for the bottom of HH-GG25-001C are imminent.

  • Assay results for HH-GG25-004C to HH-GG25-010C will be available sequentially over the next few months, possibly extending into December 2025.

RML’s Lead Geologist, Austin Zinsser stated:

“The results of our very first drill holes at Horse Heaven are excellent and we look forward to developing a comprehensive model for Valley County’s next world class gold deposit. I have worked in the Perpetua – Horse Heaven region for nearly 20 years and the similarities are notable – especially structural controls, mineralization style and geochemical profile. The results bode exceedingly well for the Horse Heaven project as a whole, with other equally strong targets yet to receive drilling, i.e. Antimony Ridge.”

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Next Steps

Horse Heaven continues to emerge as a large-scale, multi commodity project prospective for gold, antimony, silver, and tungsten. With the recent discovery at Golden Gate, Resolution is advancing a dual-track strategy tracking gold exploration and resource definition while simultaneously progressing other commodity pathways to capture critical minerals opportunities.

Project Wide

The Company is nearing completion of a project-wide stream sediment program designed to refine drill targeting across the broader Horse Heaven tenure. Once assay results have been received and interpreted, the Company will release the outcomes and integrate them into the next phase of the regional exploration program.

Antimony Ridge

The Company is applying for a drill permit for a large drill program to test deep extensions of the extensive shallow antimony mineralisation known at Antimony Ridge. A man-portable drill rig was trialled at Antimony Ridge. Results are pending.

The Company is also currently collecting representative samples of stibnite-silica vein mineralisation from exposures at Antimony Ridge. These samples will be used to conduct initial metallurgical test work and mineralisation characterisation studies.

Golden Gate

As an immediate follow-up to the gold mineralisation of HH-GG25-001C, and now, further bolstered by the results of HH-GG25-002C and HH-GG25-003C, the Company is mobilising a reverse circulation (“RC”) drill rig to expand our drill footprint within the current drill permit allowance.

As previously reported (28 October 2025), the Company is applying for a large (50 hole) drill permit to follow up on HH-GG25-001C and other expected results of HH-GG25-002C to HHGG25-010C.

Downstream Strategy

As announced on 31 October 2025, RML has entered into an agreement to acquire 25 acres of private land adjoining the Horse Heaven project that contains a tungsten and antimony processing mill and machinery, electrical power, industrial water usage rights, as well as existing tungsten stockpiles. The acquisition will potentially fast track Resolution to antimony and tungsten production.

The mill, once it is up and running, will make Resolution one of the few antimony, tungsten and gold companies in the U.S. with its own processing capability.

The acquisition is critical to Resolution as there is little to no available private land in the area and the site will provide, among other things, a location to conduct future processing activities, a hub for exploration and drilling activities, suitable land for staff accommodations, facilities for storage, core cutting and related activities and industrial water rights.

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Authorised for release by the board of Resolution Minerals Ltd.

For further information, please contact Aharon Zaetz Executive Director.

Aharon Zaetz Jane Morgan
Executive Director Investor Relations
Resolution Minerals Ltd Jane Morgan Management
M: +61 424 743 098 M: +61 405 555 618
[email protected] [email protected]

Follow us:

Website: www.resolutionminerals.com LinkedIn: @Resolution Minerals

X: @Resolution_LTD

Competent Person’s Statement

The information in this report that relates to exploration results, is based on and fairly represents information reviewed and compiled by Mr Ross Brown BSc (Hons), M AusIMM, Principal Geologist/director of exploration consulting firm, Riviere Minerals Pty. Ltd, who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Brown has sufficient experience, which is relevant to the exploration activities, style of mineralisation and types of deposits under consideration, and to the activity which has been undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Riviere Minerals is consulting to Resolutions Minerals Limited and consents to the inclusion in this announcement of the matters based on their information in the form and context in which it appears.

The Company confirms it is not aware of any new information or data that materially affects the information cross referenced in this announcement. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original announcements.

About Rivere Minerals

Riviere Minerals Pty Ltd (“ Riviere ”) is a resource consultancy specialising in project evaluation and portfolio management. Its principal geologist and sole director, Mr Ross Brown, has nearly 40 years of experience in mineral exploration worldwide. Through Riviere, Mr Brown also provides assistance in exploration planning, execution and ASX reporting.

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Forward Looking Statements

This announcement may contain forward-looking statements. These statements relate to the Company’s expectations, beliefs, intentions or strategies regarding the future. These statements can be identified by the use of words like “anticipate”, “believe”, “intend”, “estimate”, “expect”, “may”, “plan”, “project”, “will”, “should”, “seek” and similar words or expressions containing same. These forward-looking statements reflect the Company’s views and assumptions with respect to future events as of the date of this release and are subject to a variety of unpredictable risks, uncertainties, and other unknowns. Actual and future results and trends could differ materially from those set forth in such statements due to various factors, many of which are beyond our ability to control or predict. These include, but are not limited to, risks or uncertainties associated with the acquisition and divestment of projects, joint venture and other contractual risks, metal prices, exploration, development and operating risks, competition, production risks, sovereign risks, regulatory risks including environmental regulation and liability and potential title disputes, availability and terms of capital and general economic and business conditions.

Given these uncertainties, no one should place undue reliance on any forward-looking statements attributable to the Company, or any of its affiliates or persons acting on its behalf. Subject to any continuing obligations under applicable law, the Company disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements in this announcement to reflect any change in expectations in relation to any forward-looking statements or any change in events, conditions or circumstances on which any such statement is based.

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Appendix A: Intrusion Related Gold Systems, A Horse Heaven / Stibnite Deposit Exploration Model-based Comparison.

The broad intersections of gold mineralisation of HH-GG25-001C, HH-GG25-002C, and HH-GG25-003C are collectively consistent, compatible and confirmatory of the Intrusion Related Gold Systems (“IRGS”) Exploration Model of Horse Heaven (ASX announcement dated 11 June 2025, titled “Agreement to Acquire Major Drill-Ready Antimony-Gold-Tungsten Project in Stibnite Mining District, Idaho, USA” and ASX announcement dated 28 October 2025, titled “Near Surface Discovery of 189.2m @ 1.3 g/t gold from 34m, ending in mineralisation”.

Intrusion Related Gold Systems are a broad church of mineralisation with many variations in mineralising mechanisms, geological and structural setting, alteration and metal/mineral composition. IRGSs can form large, giant, and supergiant deposits with multimillion ounce resources, including as an example only, in the U.S.: Fort Knox, Pogo, and Donlin Creek; and in Australia: The Granites, Telfer, Hemi, and Kidston.

Of particular relevance to Horse Heaven is the Stibnite Mine deposit, located only 6km east of Horse Heaven. It is another example of an IRGS (intrusive hosted and structurally controlled gold deposit). The gold mineralisation at Stibnite has not been discretely categorised but is noted to share similarities with both reduced intrusion systems and Carlin-type gold deposits. Golden Gate is believed broadly analogous at the Stibnite deposits. Gold mineralisation at both Golden Gate and Stibnite is localised by northerly fault systems; hosted by felsic intrusive rocks of the Idaho batholith, associated with fine-grained sulphides, sericite alteration, biotite replacement and quartz-pyrite-arsenopyrite veining.

The pervasive nature of the gold mineralisation with low levels of disseminated pyrite and arsenopyrite in an altered monzonite and granodiorite in HH-GG25-001C/2C/3C is reminiscent of IRGS’s. Using the Lang (2000) schematic section of an IRGS. The interpreted projected position of HH-GG25-001C is possibly into a structurally prepared zone associated with the Johnson Creek shear zone, where IRGS disseminated gold mineralisation distal or lateral to the causative intrusion has been localised.

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HH-GG25-001C/2C/3C
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By extension of the Lang IRGS – Horse Heaven/Stibnite Mine comparison model (App A- Figure 1), it follows that the Golden Gate Prospect exhibits similarities in terms of: i) host rock, ii) gold mineralisation, iii) associated disseminated sulphides, and iv) localisation along north striking shear zones to the Stibnite Mine Hanger FlatsYellow Pine gold deposits.

Appendix A Figure 1 : Schematic IRGS cross section showing the relative positions of the Stibnite Mining District Hanger Flats and Yellow Pipe deposits (Right half) and the Antimony Ridge and Golden Gate prospects (Left half). This cross section is modified from Lang et al 2000. A possible drill hole projection of HH-GG25-001C/2C/3C is highlighted and a hypothetical current land surface level relative to the IRGS.

Source: Lang, J.R., Baker, T., Hart, C.J.R. and Mortensen, J.K. (2000) An Exploration Model for Intrusion-Related Gold Systems. SEG Newsletter, No. 40, 15 p. https://doi.org/10.5382/SEGnews.2000-40.fea.

E. Conrad E. et al 2014 Stibnite Gold Project Prefeasibility Technical Report Midas Gold Corp. Report cover page.

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Appendix B: HH-GG25-002C ASSAY RESULTS – Gold and Tungsten.

Location Hole ID Drill
**Technique **		 **Sample ID ** **From (ft) ** To (ft) Length
(ft)		 Sample
Length
(ft)		 Au W
**Au-AA23 ** ME-ICP61
ppm ppm
Golden Gate HH-GG25-002C Core 190657 0.0 8.5 8.5 4.0 0.143 10
Golden Gate HH-GG25-002C Core 190658 8.5 12.3 3.8 3.0 0.21 30
Golden Gate HH-GG25-002C Core 190659 12.3 16.5 4.2 2.8 0.033 130
Golden Gate HH-GG25-002C Core 190660 16.5 20.0 3.5 2.2 0.122 60
Golden Gate HH-GG25-002C Core 190661 20.0 22.8 2.8 2.8 0.1 70
Golden Gate HH-GG25-002C Core 190662 22.8 26.7 3.9 3.9 0.357 10
Golden Gate HH-GG25-002C Core 190663 26.7 29.7 3.0 3.0 0.258 10
Golden Gate HH-GG25-002C Core 190665 29.7 34.3 4.6 4.6 0.301 10
Golden Gate HH-GG25-002C Core 190666 34.3 37.7 3.4 3.4 0.102 <10
Golden Gate HH-GG25-002C Core 190667 37.7 40.0 2.3 2.3 0.12 <10
Golden Gate HH-GG25-002C Core 190668 40.0 44.8 4.8 4.8 0.123 <10
Golden Gate HH-GG25-002C Core 190669 44.8 49.1 4.3 4.3 0.189 10
Golden Gate HH-GG25-002C Core 190670 49.1 61.0 11.9 3.5 0.045 <10
Golden Gate HH-GG25-002C Core 190671 61.0 67.0 6.0 3.6 0.027 <10
Golden Gate HH-GG25-002C Core 190672 67.0 80.0 13.0 3.5 0.027 <10
Golden Gate HH-GG25-002C Core 190673 80.0 85.0 5.0 5.0 0.158 <10
Golden Gate HH-GG25-002C Core 190674 85.0 90.0 5.0 5.0 0.318 <10
Golden Gate HH-GG25-002C Core 190675 90.0 95.0 5.0 5.0 0.196 <10
Golden Gate HH-GG25-002C Core 190676 95.0 100.0 5.0 5.0 0.416 10
Golden Gate HH-GG25-002C Core 190678 100.0 105.0 5.0 5.0 0.501 <10
Golden Gate HH-GG25-002C Core 190679 105.0 110.0 5.0 5.0 0.308 <10
Golden Gate HH-GG25-002C Core 190680 110.0 115.0 5.0 5.0 0.251 70
Golden Gate HH-GG25-002C Core 190681 115.0 120.0 5.0 5.0 0.181 550
Golden Gate HH-GG25-002C Core 190682 120.0 123.8 3.8 3.8 0.165 10
Golden Gate HH-GG25-002C Core 190683 123.8 127.1 3.3 3.3 0.238 870
Golden Gate HH-GG25-002C Core 190684 127.1 131.8 4.7 4.7 0.162 1930
Golden Gate HH-GG25-002C Core 190685 131.8 135.7 3.9 3.9 0.107 470
Golden Gate HH-GG25-002C Core 190686 135.7 140.7 5.0 5.0 0.126 1210
Golden Gate HH-GG25-002C Core 190687 140.7 145.0 4.3 4.3 0.084 10
Golden Gate HH-GG25-002C Core 190688 145.0 150.0 5.0 5.0 0.14 70
Golden Gate HH-GG25-002C Core 190689 150.0 154.5 4.5 4.5 0.261 80
Golden Gate HH-GG25-002C Core 190691 154.5 159.3 4.8 4.8 0.154 40
Golden Gate HH-GG25-002C Core 190692 159.3 164.2 4.9 4.9 0.093 20
Golden Gate HH-GG25-002C Core 190693 164.2 168.7 4.5 4.5 0.09 20
Golden Gate HH-GG25-002C Core 190694 168.7 173.1 4.4 4.4 0.098 10
Golden Gate HH-GG25-002C Core 190695 173.1 178.0 4.9 4.9 0.166 10
Golden Gate HH-GG25-002C Core 190696 178.0 182.8 4.8 4.8 0.282 <10
Golden Gate HH-GG25-002C Core 190697 182.8 186.8 4.0 4.0 0.188 10
Golden Gate HH-GG25-002C Core 190698 186.8 191.0 4.2 4.2 0.248 10
Golden Gate HH-GG25-002C Core 190699 191.0 195.7 4.7 4.7 0.159 20
Golden Gate HH-GG25-002C Core 190700 195.7 203.0 7.3 3.8 0.285 60
Golden Gate HH-GG25-002C Core 190701 203.0 210.8 7.8 3.6 0.331 50
Golden Gate HH-GG25-002C Core 190702 210.8 215.8 5.0 5.0 0.836 10
Golden Gate HH-GG25-002C Core 190703 215.8 220.4 4.6 4.6 0.735 20
Golden Gate HH-GG25-002C Core 190704 220.4 225.5 5.1 5.1 0.922 20
Golden Gate HH-GG25-002C Core 190705 225.5 230.4 4.9 4.9 0.398 10
Golden Gate HH-GG25-002C Core 190706 230.4 235.3 4.9 4.9 0.189 20
Golden Gate HH-GG25-002C Core 190707 235.3 240.0 4.7 4.7 0.215 30
Golden Gate HH-GG25-002C Core 190708 240.0 244.5 4.5 4.5 0.146 30

13

3 November 2025

==> picture [92 x 68] intentionally omitted <==

Appendix B: HH-GG25-002C ASSAY RESULTS – Gold and Tungsten.

Location Hole ID Drill
**Technique **		 **Sample ID ** **From (ft) ** **To (ft) ** Length
(ft)		 Sample
Length
(ft)		 Au W
**Au-AA23 ** ME-ICP61
ppm ppm
Golden Gate HH-GG25-002C Core 190709 244.5 249.5 5.0 5.0 0.119 20
Golden Gate HH-GG25-002C Core 190710 249.5 253.8 4.3 4.3 0.105 10
Golden Gate HH-GG25-002C Core 190711 253.8 257.5 3.7 3.7 0.082 40
Golden Gate HH-GG25-002C Core 190712 257.5 261.8 4.3 4.3 0.127 30
Golden Gate HH-GG25-002C Core 190713 261.8 266.7 4.9 4.9 0.101 20
Golden Gate HH-GG25-002C Core 190715 266.7 271.1 4.4 4.4 0.151 20
Golden Gate HH-GG25-002C Core 190716 271.1 274.1 3.0 3.0 0.112 20
Golden Gate HH-GG25-002C Core 190717 274.1 277.0 2.9 2.9 0.196 20
Golden Gate HH-GG25-002C Core 190718 277.0 281.5 4.5 4.5 0.206 10
Golden Gate HH-GG25-002C Core 190719 281.5 286.3 4.8 4.8 0.217 10
Golden Gate HH-GG25-002C Core 190720 286.3 290.7 4.4 4.4 0.148 10
Golden Gate HH-GG25-002C Core 190721 290.7 295.0 4.3 4.3 0.229 10
Golden Gate HH-GG25-002C Core 190722 295.0 300.0 5.0 5.0 0.144 10
Golden Gate HH-GG25-002C Core 190723 300.0 304.8 4.8 4.8 0.103 20
Golden Gate HH-GG25-002C Core 190724 304.8 309.3 4.5 4.5 0.147 <10
Golden Gate HH-GG25-002C Core 190725 309.3 313.8 4.5 4.5 0.209 <10
Golden Gate HH-GG25-002C Core 190726 313.8 318.6 4.8 4.8 0.149 <10
Golden Gate HH-GG25-002C Core 190727 318.6 323.7 5.1 5.1 0.063 <10
Golden Gate HH-GG25-002C Core 190729 323.7 328.6 4.9 4.9 0.074 10
Golden Gate HH-GG25-002C Core 190730 328.6 333.5 4.9 4.9 0.127 20
Golden Gate HH-GG25-002C Core 190731 333.5 337.7 4.2 4.2 0.168 <10
Golden Gate HH-GG25-002C Core 190732 337.7 342.6 4.9 4.9 0.179 <10
Golden Gate HH-GG25-002C Core 190733 342.6 347.6 5.0 5.0 0.23 10
Golden Gate HH-GG25-002C Core 190734 347.6 352.0 4.4 4.4 0.188 <10
Golden Gate HH-GG25-002C Core 190735 352.0 357.0 5.0 5.0 0.355 10
Golden Gate HH-GG25-002C Core 190736 357.0 361.3 4.3 4.3 0.186 10
Golden Gate HH-GG25-002C Core 190737 361.3 366.1 4.8 4.8 0.386 10
Golden Gate HH-GG25-002C Core 190738 366.1 370.8 4.7 4.7 0.291 10
Golden Gate HH-GG25-002C Core 190739 370.8 375.1 4.3 4.3 0.237 10
Golden Gate HH-GG25-002C Core 190740 375.1 380.0 4.9 4.9 0.207 10
Golden Gate HH-GG25-002C Core 190741 380.0 385.0 5.0 5.0 0.339 <10
Golden Gate HH-GG25-002C Core 190742 385.0 390.0 5.0 5.0 0.33 10
Golden Gate HH-GG25-002C Core 190743 390.0 394.9 4.9 4.9 0.259 10
Golden Gate HH-GG25-002C Core 190745 394.9 400.0 5.1 5.1 0.371 10
Golden Gate HH-GG25-002C Core 190746 400.0 405.0 5.0 5.0 0.637 10
Golden Gate HH-GG25-002C Core 190747 405.0 409.9 4.9 4.9 0.95 10
Golden Gate HH-GG25-002C Core 190748 409.9 415.0 5.1 5.1 0.912 10
Golden Gate HH-GG25-002C Core 190749 415.0 420.0 5.0 5.0 1.16 10
Golden Gate HH-GG25-002C Core 190750 420.0 425.0 5.0 5.0 1.235 10
Golden Gate HH-GG25-002C Core 190751 425.0 430.0 5.0 5.0 0.793 10
Golden Gate HH-GG25-002C Core 190752 430.0 435.0 5.0 5.0 1.115 10
Golden Gate HH-GG25-002C Core 190753 435.0 440.0 5.0 5.0 1.5 10
Golden Gate HH-GG25-002C Core 190754 440.0 445.0 5.0 5.0 1.73 10
Golden Gate HH-GG25-002C Core 190755 445.0 450.0 5.0 5.0 1.61 10
Golden Gate HH-GG25-002C Core 190756 450.0 455.0 5.0 5.0 1.395 10
Golden Gate HH-GG25-002C Core 190757 455.0 460.0 5.0 5.0 1.785 10
Golden Gate HH-GG25-002C Core 190758 460.0 465.0 5.0 5.0 1.12 10
Golden Gate HH-GG25-002C Core 190760 465.0 470.0 5.0 5.0 0.997 10
Golden Gate HH-GG25-002C Core 190761 470.0 475.0 5.0 5.0 1.175 10
Golden Gate HH-GG25-002C Core 190762 475.0 480.0 5.0 5.0 0.522 10

14

3 November 2025

==> picture [92 x 68] intentionally omitted <==

Appendix B: HH-GG25-002C ASSAY RESULTS – Gold and Tungsten.

Location Hole ID Drill
**Technique **		 **Sample ID ** **From (ft) ** To (ft) Length
(ft)		 Sample
Length
(ft)		 Au W
**Au-AA23 ** ME-ICP61
ppm ppm
Golden Gate HH-GG25-002C Core 190763 480.0 485.0 5.0 5.0 0.84 10
Golden Gate HH-GG25-002C Core 190764 485.0 490.0 5.0 5.0 1.355 10
Golden Gate HH-GG25-002C Core 190765 490.0 495.0 5.0 5.0 1.085 10
Golden Gate HH-GG25-002C Core 190767 495.0 500.0 5.0 5.0 0.8 10
Golden Gate HH-GG25-002C Core 190768 500.0 505.0 5.0 5.0 1.23 10
Golden Gate HH-GG25-002C Core 190769 505.0 510.0 5.0 5.0 2.72 10
Golden Gate HH-GG25-002C Core 190770 510.0 515.0 5.0 5.0 4.19 10
Golden Gate HH-GG25-002C Core 190771 515.0 520.0 5.0 5.0 0.404 <10
Golden Gate HH-GG25-002C Core 190772 520.0 525.0 5.0 5.0 2.48 10
Golden Gate HH-GG25-002C Core 190773 525.0 530.0 5.0 5.0 3.3 50
Golden Gate HH-GG25-002C Core 190774 530.0 535.0 5.0 5.0 0.756 10
Golden Gate HH-GG25-002C Core 190775 535.0 540.0 5.0 5.0 1.265 10
Golden Gate HH-GG25-002C Core 190776 540.0 545.0 5.0 5.0 0.919 10
Golden Gate HH-GG25-002C Core 190777 545.0 550.0 5.0 5.0 0.753 10
Golden Gate HH-GG25-002C Core 190778 550.0 555.0 5.0 5.0 0.99 10
Golden Gate HH-GG25-002C Core 190779 555.0 560.0 5.0 5.0 0.983 10
Golden Gate HH-GG25-002C Core 190781 560.0 565.0 5.0 5.0 0.85 10
Golden Gate HH-GG25-002C Core 190782 565.0 570.0 5.0 5.0 1.325 20
Golden Gate HH-GG25-002C Core 190783 570.0 575.0 5.0 5.0 1.965 770
Golden Gate HH-GG25-002C Core 190784 575.0 580.0 5.0 5.0 1.615 10
Golden Gate HH-GG25-002C Core 190785 580.0 585.0 5.0 5.0 1.43 30
Golden Gate HH-GG25-002C Core 190786 585.0 590.0 5.0 5.0 1.12 20
Golden Gate HH-GG25-002C Core 190787 590.0 595.0 5.0 5.0 1.315 40
Golden Gate HH-GG25-002C Core 190788 595.0 600.0 5.0 5.0 0.933 10
Golden Gate HH-GG25-002C Core 190789 600.0 605.0 5.0 5.0 1.15 20
Golden Gate HH-GG25-002C Core 190790 605.0 610.0 5.0 5.0 0.786 10
Golden Gate HH-GG25-002C Core 190791 610.0 615.0 5.0 5.0 0.626 10
Golden Gate HH-GG25-002C Core 190792 615.0 620.0 5.0 5.0 0.914 10
Golden Gate HH-GG25-002C Core 190793 620.0 625.0 5.0 5.0 0.481 <10
Golden Gate HH-GG25-002C Core 190794 625.0 630.0 5.0 5.0 1.205 10
Golden Gate HH-GG25-002C Core 190795 630.0 635.0 5.0 5.0 0.49 10
Golden Gate HH-GG25-002C Core 190796 635.0 640.0 5.0 5.0 1.41 10
Golden Gate HH-GG25-002C Core 190797 640.0 645.0 5.0 5.0 0.712 10
Golden Gate HH-GG25-002C Core 190798 645.0 650.0 5.0 5.0 0.895 10
Golden Gate HH-GG25-002C Core 190799 650.0 655.0 5.0 5.0 0.568 10
Golden Gate HH-GG25-002C Core 190800 655.0 660.0 5.0 5.0 0.26 10
Golden Gate HH-GG25-002C Core 190801 660.0 665.0 5.0 5.0 0.54 10
Golden Gate HH-GG25-002C Core 190802 665.0 670.0 5.0 5.0 0.587 10
Golden Gate HH-GG25-002C Core 190803 670.0 675.0 5.0 5.0 0.82 10
Golden Gate HH-GG25-002C Core 190804 675.0 680.0 5.0 5.0 1.17 <10
Golden Gate HH-GG25-002C Core 190805 680.0 685.0 5.0 5.0 0.506 10
Golden Gate HH-GG25-002C Core 190806 685.0 690.0 5.0 5.0 0.794 10
Golden Gate HH-GG25-002C Core 190807 690.0 695.0 5.0 5.0 0.56 10
Golden Gate HH-GG25-002C Core 190808 695.0 700.0 5.0 5.0 0.352 10
Golden Gate HH-GG25-002C Core 190809 700.0 705.0 5.0 5.0 0.299 10
Golden Gate HH-GG25-002C Core 190810 705.0 710.0 5.0 5.0 0.247 10
Golden Gate HH-GG25-002C Core 190811 710.0 715.0 5.0 5.0 0.099 10
Golden Gate HH-GG25-002C Core 190812 715.0 720.0 5.0 5.0 0.245 <10
Golden Gate HH-GG25-002C Core 190813 720.0 725.0 5.0 5.0 0.488 <10
Golden Gate HH-GG25-002C Core 190814 725.0 730.0 5.0 5.0 0.486 <10

15

3 November 2025

==> picture [92 x 68] intentionally omitted <==

Appendix B: HH-GG25-002C ASSAY RESULTS – Gold and Tungsten.

Location Hole ID Drill
**Technique **		 **Sample ID ** **From (ft) ** **To (ft) ** Length
(ft)		 Sample
Length
(ft)		 Au W
**Au-AA23 ** ME-ICP61
ppm ppm
Golden Gate HH-GG25-002C Core 190816 730.0 735.0 5.0 5.0 0.795 <10
Golden Gate HH-GG25-002C Core 190817 735.0 740.0 5.0 5.0 0.428 10
Golden Gate HH-GG25-002C Core 190818 740.0 745.0 5.0 5.0 0.897 <10
Golden Gate HH-GG25-002C Core 190819 745.0 750.0 5.0 5.0 0.371 10
Golden Gate HH-GG25-002C Core 190820 750.0 755.0 5.0 5.0 0.329 10
Golden Gate HH-GG25-002C Core 190821 755.0 760.0 5.0 5.0 0.324 <10
Golden Gate HH-GG25-002C Core 190822 760.0 765.0 5.0 5.0 0.304 <10
Golden Gate HH-GG25-002C Core 190823 765.0 770.0 5.0 5.0 0.439 <10
Golden Gate HH-GG25-002C Core 190824 770.0 775.0 5.0 5.0 0.38 <10
Golden Gate HH-GG25-002C Core 190825 775.0 780.0 5.0 5.0 0.368 <10
Golden Gate HH-GG25-002C Core 190826 780.0 785.0 5.0 5.0 0.448 10
Golden Gate HH-GG25-002C Core 190827 785.0 790.0 5.0 5.0 0.244 <10
Golden Gate HH-GG25-002C Core 190828 790.0 795.0 5.0 5.0 0.671 <10
Golden Gate HH-GG25-002C Core 190829 795.0 800.0 5.0 5.0 1.195 10
Golden Gate HH-GG25-002C Core 190830 800.0 805.0 5.0 5.0 0.82 <10
Golden Gate HH-GG25-002C Core 190832 805.0 810.0 5.0 5.0 0.839 <10
Golden Gate HH-GG25-002C Core 190833 810.0 815.0 5.0 5.0 0.516 10
Golden Gate HH-GG25-002C Core 190834 815.0 820.0 5.0 5.0 0.531 <10
Golden Gate HH-GG25-002C Core 190835 820.0 825.0 5.0 5.0 0.533 <10
Golden Gate HH-GG25-002C Core 190836 825.0 830.0 5.0 5.0 0.762 <10
Golden Gate HH-GG25-002C Core 190837 830.0 835.0 5.0 5.0 0.532 <10
Golden Gate HH-GG25-002C Core 190838 835.0 840.0 5.0 5.0 0.714 <10
Golden Gate HH-GG25-002C Core 190839 840.0 845.0 5.0 5.0 0.338 10
Golden Gate HH-GG25-002C Core 190840 845.0 850.0 5.0 5.0 1.04 10
Golden Gate HH-GG25-002C Core 190841 850.0 855.0 5.0 5.0 0.536 10
Golden Gate HH-GG25-002C Core 190842 855.0 860.0 5.0 5.0 0.812 30
Golden Gate HH-GG25-002C Core 190843 860.0 865.0 5.0 5.0 0.895 10
Golden Gate HH-GG25-002C Core 190844 865.0 870.0 5.0 5.0 0.911 <10

16

3 November 2025

==> picture [92 x 68] intentionally omitted <==

Appendix C: HH-GG25-003C ASSAY RESULTS – Gold and Tungsten.

Location Hole ID Drill
Technique		 Sample ID From (ft) To (ft) Length
(ft)		 Sample
Length
(ft)		 Au W
**Au-AA23 ** ME-ICP61
ppm ppm
Golden Gate HH-GG25-003C Core 190845 0.0 10.0 10.0 10.0 0.3 230
Golden Gate HH-GG25-003C Core 190846 10.0 15.0 5.0 5.0 0.162 160
Golden Gate HH-GG25-003C Core 190847 15.0 20.0 5.0 5.0 0.161 450
Golden Gate HH-GG25-003C Core 190848 20.0 25.0 5.0 5.0 0.181 440
Golden Gate HH-GG25-003C Core 190849 25.0 30.0 5.0 5.0 0.231 530
Golden Gate HH-GG25-003C Core 190851 30.0 35.0 5.0 5.0 0.191 500
Golden Gate HH-GG25-003C Core 190852 35.0 40.0 5.0 5.0 0.177 580
Golden Gate HH-GG25-003C Core 190853 40.0 45.0 5.0 5.0 0.171 750
Golden Gate HH-GG25-003C Core 190854 45.0 50.0 5.0 5.0 0.146 330
Golden Gate HH-GG25-003C Core 190855 50.0 55.0 5.0 5.0 0.183 570
Golden Gate HH-GG25-003C Core 190856 55.0 60.0 5.0 5.0 0.119 1130
Golden Gate HH-GG25-003C Core 190857 60.0 65.0 5.0 5.0 0.147 270
Golden Gate HH-GG25-003C Core 190859 65.0 80.0 15.0 5.0 0.116 950
Golden Gate HH-GG25-003C Core 190862 80.0 85.0 5.0 5.0 0.134 590
Golden Gate HH-GG25-003C Core 190863 85.0 90.0 5.0 5.0 0.18 470
Golden Gate HH-GG25-003C Core 190864 90.0 95.0 5.0 5.0 0.367 550
Golden Gate HH-GG25-003C Core 190865 95.0 100.0 5.0 5.0 0.074 290
Golden Gate HH-GG25-003C Core 190866 100.0 105.0 5.0 5.0 0.206 360
Golden Gate HH-GG25-003C Core 190867 105.0 110.0 5.0 5.0 0.162 310
Golden Gate HH-GG25-003C Core 190868 110.0 115.0 5.0 5.0 0.129 150
Golden Gate HH-GG25-003C Core 190869 115.0 120.0 5.0 5.0 0.133 160
Golden Gate HH-GG25-003C Core 190870 120.0 125.0 5.0 5.0 0.311 100
Golden Gate HH-GG25-003C Core 190871 125.0 130.0 5.0 5.0 0.23 340
Golden Gate HH-GG25-003C Core 190872 130.0 135.0 5.0 5.0 0.251 320
Golden Gate HH-GG25-003C Core 190873 135.0 140.0 5.0 5.0 0.228 310
Golden Gate HH-GG25-003C Core 190874 140.0 145.0 5.0 5.0 0.241 380
Golden Gate HH-GG25-003C Core 190875 145.0 150.0 5.0 5.0 0.265 250
Golden Gate HH-GG25-003C Core 190876 150.0 155.0 5.0 5.0 0.149 250
Golden Gate HH-GG25-003C Core 190877 155.0 160.0 5.0 5.0 0.197 190
Golden Gate HH-GG25-003C Core 190878 160.0 165.0 5.0 5.0 0.217 170
Golden Gate HH-GG25-003C Core 190879 165.0 170.0 5.0 5.0 0.421 230
Golden Gate HH-GG25-003C Core 190880 170.0 175.0 5.0 5.0 0.431 70
Golden Gate HH-GG25-003C Core 190881 175.0 180.0 5.0 5.0 0.57 10
Golden Gate HH-GG25-003C Core 190882 180.0 185.0 5.0 5.0 0.578 20
Golden Gate HH-GG25-003C Core 190883 185.0 190.0 5.0 5.0 0.18 40
Golden Gate HH-GG25-003C Core 190884 190.0 195.0 5.0 5.0 0.432 40
Golden Gate HH-GG25-003C Core 190885 195.0 200.0 5.0 5.0 0.491 20
Golden Gate HH-GG25-003C Core 190886 200.0 205.0 5.0 5.0 0.796 20
Golden Gate HH-GG25-003C Core 190887 205.0 210.0 5.0 5.0 0.849 70
Golden Gate HH-GG25-003C Core 190888 210.0 215.0 5.0 5.0 0.879 60
Golden Gate HH-GG25-003C Core 190889 215.0 220.0 5.0 5.0 0.998 60
Golden Gate HH-GG25-003C Core 190890 220.0 225.0 5.0 5.0 0.64 10
Golden Gate HH-GG25-003C Core 190891 225.0 230.0 5.0 5.0 0.774 10
Golden Gate HH-GG25-003C Core 190892 230.0 235.0 5.0 5.0 0.873 10
Golden Gate HH-GG25-003C Core 190893 235.0 238.0 3.0 3.0 1.35 <10
Golden Gate HH-GG25-003C Core 190895 238.0 241.2 3.2 3.2 0.581 <10
Golden Gate HH-GG25-003C Core 190896 241.2 245.0 3.8 3.8 0.407 20

17

3 November 2025

==> picture [92 x 68] intentionally omitted <==

Appendix C: HH-GG25-003C ASSAY RESULTS – Gold and Tungsten.

Location Hole ID Drill
**Technique **		 Sample ID **From (ft) ** **To (ft) ** Length
(ft)		 Sample
Length
(ft)		 Au W
**Au-AA23 ** ME-ICP61
ppm ppm
Golden Gate HH-GG25-003C Core 190897 245.0 250.0 5.0 5.0 1.37 10
Golden Gate HH-GG25-003C Core 190898 250.0 255.0 5.0 5.0 1.03 20
Golden Gate HH-GG25-003C Core 190899 255.0 258.0 3.0 3.0 0.87 20
Golden Gate HH-GG25-003C Core 190900 258.0 260.9 2.9 2.9 1.255 10
Golden Gate HH-GG25-003C Core 190901 260.9 263.0 2.1 2.1 1.57 30
Golden Gate HH-GG25-003C Core 190903 263.0 267.6 4.6 4.6 1.86 <10
Golden Gate HH-GG25-003C Core 190904 267.6 272.2 4.6 4.6 2.3 20
Golden Gate HH-GG25-003C Core 190905 272.2 275.0 2.8 2.8 2.5 10
Golden Gate HH-GG25-003C Core 190906 275.0 280.0 5.0 5.0 2.13 <10
Golden Gate HH-GG25-003C Core 190907 280.0 284.7 4.7 4.7 1.21 10
Golden Gate HH-GG25-003C Core 190909 284.7 289.5 4.8 4.8 2.1 10
Golden Gate HH-GG25-003C Core 190910 289.5 294.5 5.0 5.0 1.665 <10
Golden Gate HH-GG25-003C Core 190911 294.5 299.5 5.0 5.0 1.56 <10
Golden Gate HH-GG25-003C Core 190912 299.5 304.5 5.0 5.0 1.42 <10
Golden Gate HH-GG25-003C Core 190913 304.5 309.7 5.2 5.2 1.825 <10
Golden Gate HH-GG25-003C Core 190914 309.7 315.0 5.3 5.3 2.64 <10
Golden Gate HH-GG25-003C Core 190915 315.0 320.0 5.0 5.0 2.59 10
Golden Gate HH-GG25-003C Core 190916 320.0 325.0 5.0 5.0 1.295 <10
Golden Gate HH-GG25-003C Core 190917 325.0 330.0 5.0 5.0 2.7 <10
Golden Gate HH-GG25-003C Core 190918 330.0 335.0 5.0 5.0 1.63 <10
Golden Gate HH-GG25-003C Core 190920 335.0 339.0 4.0 4.0 1.53 <10
Golden Gate HH-GG25-003C Core 190921 339.0 342.4 3.4 3.4 1.52 <10
Golden Gate HH-GG25-003C Core 190922 342.4 345.0 2.6 2.6 2.51 <10
Golden Gate HH-GG25-003C Core 190923 345.0 350.0 5.0 5.0 1.7 <10
Golden Gate HH-GG25-003C Core 190924 350.0 355.0 5.0 5.0 1.63 <10
Golden Gate HH-GG25-003C Core 190925 355.0 360.0 5.0 5.0 2.44 <10
Golden Gate HH-GG25-003C Core 190927 360.0 365.0 5.0 5.0 4.39 <10
Golden Gate HH-GG25-003C Core 190928 365.0 370.0 5.0 5.0 1.88 <10
Golden Gate HH-GG25-003C Core 190929 370.0 375.0 5.0 5.0 2.08 10
Golden Gate HH-GG25-003C Core 190930 375.0 378.3 3.3 3.3 3.15 <10
Golden Gate HH-GG25-003C Core 190931 378.3 380.2 1.9 1.9 2.86 <10
Golden Gate HH-GG25-003C Core 190932 380.2 385.0 4.8 4.8 0.475 10
Golden Gate HH-GG25-003C Core 190933 385.0 390.0 5.0 5.0 0.466 10
Golden Gate HH-GG25-003C Core 190934 390.0 395.0 5.0 5.0 0.276 10
Golden Gate HH-GG25-003C Core 190935 395.0 400.0 5.0 5.0 0.475 10
Golden Gate HH-GG25-003C Core 190936 400.0 405.0 5.0 5.0 0.296 10
Golden Gate HH-GG25-003C Core 190937 405.0 410.0 5.0 5.0 0.826 10
Golden Gate HH-GG25-003C Core 190938 410.0 412.0 2.0 2.0 1.025 10
Golden Gate HH-GG25-003C Core 190939 412.0 415.8 3.8 3.8 0.854 10
Golden Gate HH-GG25-003C Core 190940 415.8 420.0 4.2 4.2 0.663 <10
Golden Gate HH-GG25-003C Core 190941 420.0 425.0 5.0 5.0 0.438 <10
Golden Gate HH-GG25-003C Core 190942 425.0 428.0 3.0 3.0 0.426 10
Golden Gate HH-GG25-003C Core 190943 428.0 431.0 3.0 3.0 1.33 10
Golden Gate HH-GG25-003C Core 190944 431.0 435.0 4.0 4.0 1.5 20
Golden Gate HH-GG25-003C Core 190945 435.0 440.0 5.0 5.0 1.865 10
Golden Gate HH-GG25-003C Core 190947 440.0 444.3 4.3 4.3 1.595 <10
Golden Gate HH-GG25-003C Core 190949 444.3 447.2 2.9 2.9 0.972 <10
Golden Gate HH-GG25-003C Core 190950 447.2 451.0 3.8 3.8 1.885 <10
Golden Gate HH-GG25-003C Core 190951 451.0 454.7 3.7 3.7 2.34 <10
Golden Gate HH-GG25-003C Core 190952 454.7 459.5 4.8 4.8 2.46 <10

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Appendix C: HH-GG25-003C ASSAY RESULTS – Gold and Tungsten.

Location Hole ID Drill
**Technique **		 **Sample ID ** **From (ft) ** To (ft) Length
(ft)		 Sample
Length
(ft)		 Au W
**Au-AA23 ** ME-ICP61
ppm ppm
Golden Gate HH-GG25-003C Core 190953 459.5 464.2 4.7 4.7 2.16 <10
Golden Gate HH-GG25-003C Core 190954 464.2 468.8 4.6 4.6 3.25 <10
Golden Gate HH-GG25-003C Core 190955 468.8 473.0 4.2 4.2 3.36 <10
Golden Gate HH-GG25-003C Core 190956 473.0 476.0 3.0 3.0 3.36 <10
Golden Gate HH-GG25-003C Core 190957 476.0 480.0 4.0 4.0 3.25 <10
Golden Gate HH-GG25-003C Core 190958 480.0 485.0 5.0 5.0 2.94 <10
Golden Gate HH-GG25-003C Core 190960 485.0 490.0 5.0 5.0 2.12 <10
Golden Gate HH-GG25-003C Core 190961 490.0 495.0 5.0 5.0 4.23 <10
Golden Gate HH-GG25-003C Core 190963 495.0 500.0 5.0 5.0 1.57 <10
Golden Gate HH-GG25-003C Core 190964 500.0 505.0 5.0 5.0 3.77 <10
Golden Gate HH-GG25-003C Core 190965 505.0 510.0 5.0 5.0 4.06 <10
Golden Gate HH-GG25-003C Core 190966 510.0 515.0 5.0 5.0 3.05 <10
Golden Gate HH-GG25-003C Core 190967 515.0 520.0 5.0 5.0 2.88 <10
Golden Gate HH-GG25-003C Core 190968 520.0 525.0 5.0 5.0 3.94 <10
Golden Gate HH-GG25-003C Core 190969 525.0 530.0 5.0 5.0 4.74 <10
Golden Gate HH-GG25-003C Core 190971 530.0 535.0 5.0 5.0 3.92 <10
Golden Gate HH-GG25-003C Core 190972 535.0 540.0 5.0 5.0 5.82 <10
Golden Gate HH-GG25-003C Core 190973 540.0 545.0 5.0 5.0 5.91 <10
Golden Gate HH-GG25-003C Core 190974 545.0 550.0 5.0 5.0 3.97 <10
Golden Gate HH-GG25-003C Core 190975 550.0 555.0 5.0 5.0 1.65 <10
Golden Gate HH-GG25-003C Core 190976 555.0 559.0 4.0 4.0 1.265 <10
Golden Gate HH-GG25-003C Core 190977 559.0 563.6 4.6 4.6 2.87 10
Golden Gate HH-GG25-003C Core 190978 563.6 565.8 2.2 2.2 1.985 10
Golden Gate HH-GG25-003C Core 190979 565.8 570.0 4.2 4.2 2.52 <10
Golden Gate HH-GG25-003C Core 190981 570.0 575.0 5.0 5.0 2.22 <10
Golden Gate HH-GG25-003C Core 190982 575.0 580.0 5.0 5.0 1.97 10
Golden Gate HH-GG25-003C Core 190983 580.0 585.0 5.0 5.0 3.45 <10
Golden Gate HH-GG25-003C Core 190984 585.0 590.0 5.0 5.0 1.04 <10
Golden Gate HH-GG25-003C Core 190985 590.0 593.5 3.5 3.5 2.19 <10
Golden Gate HH-GG25-003C Core 190986 593.5 597.2 3.7 3.7 3.1 10
Golden Gate HH-GG25-003C Core 190987 597.2 601.8 4.6 4.6 1.56 10
Golden Gate HH-GG25-003C Core 190988 601.8 605.0 3.2 3.2 2.42 10
Golden Gate HH-GG25-003C Core 190989 605.0 609.3 4.3 4.3 2.36 10
Golden Gate HH-GG25-003C Core 190990 609.3 614.2 4.9 4.9 2.59 10
Golden Gate HH-GG25-003C Core 190991 614.2 617.0 2.8 2.8 2.63 10
Golden Gate HH-GG25-003C Core 190992 617.0 621.0 4.0 4.0 1.915 <10
Golden Gate HH-GG25-003C Core 190993 621.0 625.0 4.0 4.0 2.74 <10
Golden Gate HH-GG25-003C Core 190994 625.0 630.0 5.0 5.0 2.27 <10
Golden Gate HH-GG25-003C Core 190995 630.0 635.0 5.0 5.0 2.41 <10
Golden Gate HH-GG25-003C Core 190996 635.0 640.0 5.0 5.0 3.19 10
Golden Gate HH-GG25-003C Core 190997 640.0 645.0 5.0 5.0 2.08 10
Golden Gate HH-GG25-003C Core 190998 645.0 650.0 5.0 5.0 2.75 <10
Golden Gate HH-GG25-003C Core 190999 650.0 655.0 5.0 5.0 1.52 <10
Golden Gate HH-GG25-003C Core 191000 655.0 660.0 5.0 5.0 1.55 <10
Golden Gate HH-GG25-003C Core 191001 660.0 665.0 5.0 5.0 2.18 <10
Golden Gate HH-GG25-003C Core 191002 665.0 669.6 4.6 4.6 1.22 <10
Golden Gate HH-GG25-003C Core 191003 669.6 674.5 4.9 4.9 2.11 <10
Golden Gate HH-GG25-003C Core 191004 674.5 679.5 5.0 5.0 1.31 <10
Golden Gate HH-GG25-003C Core 191005 679.5 684.5 5.0 5.0 1.185 10
Golden Gate HH-GG25-003C Core 191007 684.5 689.5 5.0 5.0 1.36 <10

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Appendix C: HH-GG25-003C ASSAY RESULTS – Gold and Tungsten.

Location Hole ID Drill
**Technique **		 **Sample ID ** **From (ft) ** **To (ft) ** Length
(ft)		 Sample
Length
(ft)		 Au W
**Au-AA23 ** ME-ICP61
ppm ppm
Golden Gate HH-GG25-003C Core 191008 689.5 694.5 5.0 5.0 1.2 <10
Golden Gate HH-GG25-003C Core 191009 694.5 698.0 3.5 3.5 1.34 <10
Golden Gate HH-GG25-003C Core 191010 698.0 702.0 4.0 4.0 2.33 <10
Golden Gate HH-GG25-003C Core 191011 702.0 705.5 3.5 3.5 2.4 10
Golden Gate HH-GG25-003C Core 191012 705.5 710.0 4.5 4.5 1.825 <10
Golden Gate HH-GG25-003C Core 191013 710.0 715.0 5.0 5.0 1.995 10
Golden Gate HH-GG25-003C Core 191014 715.0 718.5 3.5 3.5 3.18 10
Golden Gate HH-GG25-003C Core 191015 718.5 723.4 4.9 4.9 0.871 <10
Golden Gate HH-GG25-003C Core 191016 723.4 727.0 3.6 3.6 1.51 10
Golden Gate HH-GG25-003C Core 191017 727.0 732.0 5.0 5.0 1.64 10
Golden Gate HH-GG25-003C Core 191018 732.0 736.0 4.0 4.0 1.14 10
Golden Gate HH-GG25-003C Core 191019 736.0 739.5 3.5 3.5 1.46 10
Golden Gate HH-GG25-003C Core 191021 739.5 744.3 4.8 4.8 1.965 10
Golden Gate HH-GG25-003C Core 191022 744.3 746.6 2.3 2.3 1.47 10
Golden Gate HH-GG25-003C Core 191023 746.6 751.7 5.1 5.1 1.285 10
Golden Gate HH-GG25-003C Core 191024 751.7 755.0 3.3 3.3 2.26 10
Golden Gate HH-GG25-003C Core 191025 755.0 760.0 5.0 5.0 1.23 10
Golden Gate HH-GG25-003C Core 191026 760.0 765.0 5.0 5.0 1.13 10
Golden Gate HH-GG25-003C Core 191027 765.0 770.0 5.0 5.0 1.08 10
Golden Gate HH-GG25-003C Core 191029 770.0 775.0 5.0 5.0 1.32 10
Golden Gate HH-GG25-003C Core 191030 775.0 780.0 5.0 5.0 0.88 10
Golden Gate HH-GG25-003C Core 191031 780.0 785.0 5.0 5.0 1.6 <10
Golden Gate HH-GG25-003C Core 191032 785.0 790.0 5.0 5.0 2.05 10
Golden Gate HH-GG25-003C Core 191033 790.0 795.0 5.0 5.0 2.29 10
Golden Gate HH-GG25-003C Core 191034 795.0 800.0 5.0 5.0 0.933 10
Golden Gate HH-GG25-003C Core 191035 800.0 805.0 5.0 5.0 0.638 10
Golden Gate HH-GG25-003C Core 191036 805.0 810.0 5.0 5.0 0.785 10
Golden Gate HH-GG25-003C Core 191037 810.0 815.0 5.0 5.0 0.839 10
Golden Gate HH-GG25-003C Core 191038 815.0 820.0 5.0 5.0 0.486 10
Golden Gate HH-GG25-003C Core 191039 820.0 823.5 3.5 3.5 0.407 10
Golden Gate HH-GG25-003C Core 191040 823.5 830.0 6.5 6.5 0.138 <10

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Appendix C: Pre-RML Golden Gate Drilling, highlighting 94-02 and 9406 (appearing in Figures 3 and 4). Table first published in (ASX announcement dated 11 June 2025, titled “ Agreement to Acquire Major Drill-Ready Antimony-Gold-Tungsten Project in Stibnite Mining District, Idaho, USA”) .

==> picture [420 x 484] intentionally omitted <==

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Appendix D: JORC Code, 2012 Edition Section 1 Sampling Techniques and Data

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

Criteria JORC Code explanation Commentary
Sampling
techniques		 •
Nature and quality of sampling (eg cut
channels, random chips, or specific
specialised
industry
standard
measurement tools appropriate to the
minerals under investigation, such as
down hole gamma sondes, or handheld
XRF instruments, etc). These examples
should not be taken as limiting the broad
meaning of sampling.
•
Include reference to measures taken to
ensure sample representivity and the
appropriate
calibration
of
any
measurement tools or systems used.
•
Aspects
of
the
determination
of
mineralisation that are Material to the
Public Report.
•
In cases where ‘industry standard’ work
has been done this would be relatively
simple (eg ‘reverse circulation drilling
was used to obtain 1 m samples from
which 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.		 •
This announcement contains exploration
results of two drill holes with the ID
reference
HH-GG25-002C
and
HH-
GG25-003C
•
The data is: drill hole data; sample data;
assay
data;
and
geological
data.
Supporting data includes drill collar
locations in UTM metric data, together
with dip, azimuth, altitude and end of hole
data.
•
Reported assay data is gold. The
Company has completed multi-element
analysis and has referred to tungsten
geochemistry.
•
Please note that the primary data of the
core samples (start, finish, interval) were
converted
from
imperial
feet
measurements to metric metres in this
announcement. Note that the operating
jurisdiction uses imperial measurement
system.
•
The assay data is derived independent
professional laboratory services company
of submitted core samples from HH-
GG25-002C and HH-GG25-003C.
•
HH-GG25-002C and HH-GG25-003C are
diamond core holes. Sample intervals are
contiguous
and
range
in
length
individually from 2.2ft to 5.2ft (averaging
4.5ft). The samples are half-cut core
prepared by industry standard core
cutting saw by qualified personnel.
•
Samples were taken for the majority of the
hole depth except where rock voids were
encountered.
•
Geological data is derived from detailed
geological and geotechnical logging by
qualified personnel.
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).		 •
HH-GG25-002C and HH-GG25-003C are
diamond core drill holes that was drilled by
Evolve Exploration Ltd using a Multipower
MP500 modular core rig providing HQ
diamond drill core.
•
The drill core is not oriented.

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Criteria JORC Code explanation Commentary
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.		 •
Drill core recovery of HH-GG25-002C and
HH-GG25-003C
was
very
good
(a
function
of
the
solid
lithologies)
approaching
100%.
Where
drilling
encountered
voids,
no
core
was
recovered. This happenstance represents
< 1% of the total length of the drill hole.
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.		 •
Drill core was logged for lithology,
alteration,
mineralization,
structure
(geotechnical) using oriented core to a
level which has enabled preliminary
interpretations
relating
to
style
of
mineralisation, host and thickness. At this
stage no Mineral Resource Estimates,
mining studies or metallurgical studies are
appropriate.
•
Drill core is also logged for RQD and Core
recovery.
•
Drill core is then digited photographed wet
and dry while whole after logging.
•
The logging, as described above is both
quality and quantitative.
•
100% of the relevant intersections were
logged as per above.
Sub-sampling
techniques
and
sample
preparation		 •
If core, whether cut or sawn and
whether quarter, half or all core taken.
•
If
non-core,
whether
riffled,
tube
sampled, rotary split, etc and whether
sampled wet or dry.
•
For all sample types, the nature, quality
and appropriateness of the sample
preparation technique.
•
Quality control procedures adopted for
all sub-sampling stages to maximise
representivity of samples.
•
Measures taken to ensure that the
sampling is representative of the in situ
material collected, including for instance
results for field duplicate/second-half
sampling.
•
Whether sample sizes are appropriate
to the grain size of the material being
sampled.		 •
The HQ core was halved using a diamond
core saw and sampled on geological
intervals approximating 2.2 ft to 5.2 ft in
length.
•
Drill core was halved using a gasoline
powered core saw by RML contract staff
who maintain possession of the core at its
Antimony Camp facility.
•
Half-cut core samples were bagged and
tagged using bar-coded sample tags and
were securely stored prior to shipment at
the Antimony Camp facility.
•
Half cut core samples were transported by
RML contractors under lock and key to
ALS prep’ lab’ facility in Twin Falls, ID. No
third-party shippers were involved in the
shipping process; chain of custody forms
were exchanged at ALS Minerals in Twin
Falls and a copy kept on file. The

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Criteria JORC Code explanation Commentary
remaining boxed cut core are kept at a
secure locked facility in Donnelly, ID.
•
ALS Minerals Twin Falls prep’ lab’ logs in
the samples using the sample tag bar
codes provided. Samples were then
crushed to 70% less than 2mm, rotary
split off 250g, pulverise split to better than
85% passing 75 microns.
•
All samples were then shipped to ALS
Minerals
analytical
laboratory
in
Vancouver, British Columbia.
Quality
of
assay
data
and
laboratory
tests		 •
The nature, quality and appropriateness
of
the
assaying
and
laboratory
procedures used and whether the
technique is considered partial or total.
•
For geophysical tools, spectrometers,
handheld XRF instruments, etc, the
parameters used in determining the
analysis including instrument make and
model,
reading
times,
calibrations
factors applied and their derivation, etc.
•
Nature of quality control procedures
adopted
(eg
standards,
blanks,
duplicates, external laboratory checks)
and whether acceptable levels of
accuracy (i.e. lack of bias) and precision
have been established.		 •
Gold was assayed by analytical method
Au-AA23: Au by fire assay and AAS 30g
nominal sample weight.
•
Multielement analysis was by analytical
method ME-ICP61: 34 elements by HF-
HNO3-HClO4 acid digestion, HCl leach
and ICP-AES. Quantitatively dissolves
nearly all elements for the majority of
geological materials. Only the most
resistive minerals, such as Zircons, are
only partially dissolved.
•
No geophysical tools, spectrometers,
handheld XRF instruments, etc.. were
used in the generation of the assay data_._
•
Certified reference materials (CRM) from
an ISO certified supplier were inserted
randomly into the sample stream at a ratio
of 2%. CRMs were obtained for Meg LLC
of Reno, Nevada; two separate CRMs
were used for gold: a low grade and high-
grade standard.
•
Blank material was inserted randomly in
the sample stream at a ratio of 2%. Blank
material is commercially available pea-
gravel that has been previously tested for
gold concentrations.
•
Duplicates samples were collected by
quarter cutting the core at randomly
selected
intervals.
Two
quarter-cut
portions of core were sent for analysis; the
remaining half is kept at a secure facility.
Core intervals of poor recovery were not
used for duplicate samples. Duplicate
core samples were inserted into the
sample stream at a ratio of 2%.

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Criteria JORC Code explanation Commentary
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.		 •
No
verification
of
the
significant
intersections by either independent or
_alternative company personnel_has been
completed
to
date.
The
company
acknowledges the material nature of the
results and is planning a program of select
verification
assays.
Such
were
the
immediacy
of
the
results;
these
verifications were not possible prior to the
release of the [initial/first] results. The
Company is confident that its sample
security processes are adequate for the
interim period.
•
The announcement details drill holes HH-
GG25-002C and HH-GG25-003C. Note
that HH-GG25-002C was drilled on the
same platform as HH-GG25-001C but
drilled in a different direction (Figure 2). By
this HH-GG25-002C and HH-GG25-001C
are fanned holes.
•
Sample results, certificates and results
were sent via email to RML site
contractors in Antimony Camp where
results are analysed and interpreted.
•
No assay adjustments have been carried
out.
Location
of
data points		 •
Accuracy and quality of surveys used to
locate drill holes (collar and down-hole
surveys), trenches, mine workings and
other
locations
used
in
Mineral
Resource estimation.
•
Specification of the grid system used.
•
Quality and adequacy of topographic
control.		 •
The drill hole locations were achieved
using handheld GPS programmed into the
local coordinate system. The accuracy of
the GPS is in line with best practice
standards.
Data spacing
and
distribution		 •
Data
spacing
for
reporting
of
Exploration Results.
•
Whether
the
data
spacing
and
distribution is sufficient to establish the
degree
of
geological
and
grade
continuity appropriate for the Mineral
Resource and Ore Reserve estimation
procedure(s)
and
classifications
applied.
•
Whether sample compositing has been
applied.		 •
The assay data spacing of HH-GG25-
002C and HH-GG25-003C, the length and
frequency of each sample and the
collective coverage of the drill holes are
best practise in terms of hole sample
representativeness.
•
In terms of geological data spacing
associated with HH-GG25-002C and HH-
GG25-003C every metre of the holes
were logged.
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		 •
The drill holes have a drill direction that is
approaching perpendicular to the regional
trend (lithologically and structurally) and
also approaching perpendicular to the
known mineralisation of a historical
tungsten mine. The purpose of the holes

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Criteria JORC Code explanation Commentary
mineralised structures is considered to
have introduced a sampling bias, this
should be assessed and reported if
material.		 was to test the occurrence of known
tungsten mineralisation at surface at
depth, and to test the occurrence of gold
in un-oxidised rocks at depth.
•
Cautionary Note: There is currently
insufficient data pertaining to sampling
orientation and the local-scale orientation
of mineralisation to determine the true
width of the gold intervals in these holes.
Additional holes in all directions are
required to determine whether the gold
mineralisation is broadly pervasive or (to
various degrees) spatially constrained.
For example, if the gold mineralisation is
broadly pervasive, then the gold intervals
in this announcement are true widths. If
the
gold
mineralisation
is
spatially
constrained, then the gold intervals in this
announcement are not true widths. Based
in increasing data, the gold mineralisation
is interpreted as being broadly pervasive
in
association
with
a
structurally-
controlled repeating host sequence of
country-rock granites and fault breccias.
Sample
security		 •
The measures taken to ensure sample
security.		 •
All drill core samples were delivered
directly to RML’s geologists on site where
they remain under direct supervision at a
secure site.
Audits
or
reviews		 •
The results of any audits or reviews of
sampling techniques and data.		 •
The competent person is unaware of the
undertaking of audits or reviews for
sampling technique and data, other than
its own review.

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Section 2 Reporting of Exploration Results

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

Criteria 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, past 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.		 •
This announcement refers to the one
project, Horse Heaven project in Idaho
USA, comprising six hundred and
ninety-nine (699) U.S. Federal lode
mining claims covering 5,644 hectares
and includes six hundred and eighty-
nine (689) mining claims and ten lode
mining
claims
referred
as
the
Oberbillig Group.
•
The competent person understands
that the mining claims are all in good
standing.
Exploration
done by other
parties		 •
Acknowledgment
and
appraisal
of
exploration by other parties.		 •
No exploration results reported in this
release were performed by other
parties.
Geology •
Deposit type, geological setting and
style of mineralisation.		 •
The project area is dominated by
Cretaceous-aged
granitic
rocks
relating to intrusive phases associated
with the Atlanta Lobe of the Idaho
Batholith. These largely granodiorite
rocks have intruded Neoproterozoic-
aged
metasediments,
comprising
quartzites (which are dominant) calc-
silicates, marble and black shale. The
area and broader region are affected
by broad reginal folding and N-S, NNE-
SSW, and NE-SW faults.
•
Gold, antimony, tungsten and silver
mineralisation
is
associated
with
hydrothermally altered and fractured
granodiorites.
Drillhole
Information		 •
A summary of all information material to
the understanding of the exploration
results including a tabulation of the
following information for all Material
drillholes:
o
easting and northing of the
drillhole collar
o
elevation or RL (Reduced
Level – elevation above sea
level in metres) of the
drillhole collar
o
dip and azimuth of the hole
o
down
hole
length
and
interception depth
o
hole length.		 •
The drillhole information for HH-GG25-
002C
and
HH-GG25-003C,
are
included in an in-text table (Table 1)
with drill collar location data, altitude,
dip, azimuth, and end of hole.

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Criteria JORC Code explanation Commentary
•
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.
Data
aggregation
methods		 •
In
reporting
Exploration
Results,
weighting
averaging
techniques,
maximum
and/or
minimum
grade
truncations (eg cutting of high grades)
and cut-off grades are usually Material
and should be stated.
•
Where aggregate intercepts incorporate
short lengths of high-grade results and
longer lengths of low-grade results, the
procedure used for such aggregation
should be stated and some typical
examples of such aggregations should
be shown in detail.
•
The assumptions used for any reporting
of metal equivalent values should be
clearly stated.		 •
In
reporting
downhole
gold
intersections results of HH-GG25-
002C
and
HH-GG25-003C,
no
maximum and minimum truncations
were used.
•
In
reporting
downhole
gold
intersections/intervals, assay results of
HH-GG25-002C and HH-GG25-003C,
weighted averages were required due
to the fact that sample lengths were
variant (between 2.2ft and 5.2ft). The
sample interval length was multiplied
by the sample assay data then divided
by the total length of the interval.
•
No metal equivalents were used in this
announcement.
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 drillhole 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’).		 •
With reference to HH-GG25-002C and
HH-GG25-003C, the holes were drilled
close to perpendicular across the
prospect-scale
orientation
of
the
known mineralisation.
•
There is insufficient data pertaining
to the gold mineralisation identified
in HH-GG25-002C and HH-GG25-
003C,
to
allow
conclusive
statements
concerning
the
sampling orientation and the local-
scale orientation of mineralisation.
Therefore the true width nature of
the
reported
widths
of
the
mineralisation (in rock chip channel
and drilling) is not known.
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
drillhole
collar
locations
and
appropriate sectional views.		 •
A map and a cross section are
provided with geolocation information
(coordinates, northing and scale bar).
Legends are included within each
figure (where appropriate) and when
additional explanation is required, this
is given to the figure caption.
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.		 •
This announcement is considered to
be fair and balanced with respect to the
exploration results and interpretations
based on them.

28

3 November 2025

==> picture [92 x 68] intentionally omitted <==

Criteria JORC Code explanation Commentary
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.		 •
There is no other material data
associated
with
new
exploration
results in this announcement.
Further work •
The nature and scale of planned further
work (eg tests for lateral extensions or
depth extensions or large-scale step-out
drilling).
•
Diagrams clearly highlighting the areas
of possible extensions, including the
main geological interpretations and
future drilling areas, provided this
information
is
not
commercially
sensitive.		 •
The
drill
holes
subject
of
this
announcement, HH-GG25-002C and
HH-GG25-003C, are part of the 10-
hole diamond core program, which as
the
announcement
reports,
Is
completed. Drill hole data of HH-
GG25-004C through to HH-GG25-
010C will be released to the market
upon receipt.
•
A plan (Figure 2) and a cross sections
(Figures 3 and 4) are included in this
announcement to provide a sense of
location of the hole in relation: to i)
other drill holes; and ii) intersected
mineralisation. The cross sections
include a geological interpretation.

29

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