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Sheffield Resources Ltd. Capital/Financing Update 2025

Jun 24, 2025

44780_rns_2025-06-24_c059e174-e7a4-4027-9263-7d09789b745e.pdf

Capital/Financing Update

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ASX AND MEDIA RELEASE 25 JUNE 2025

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CORRECTION TO ASX ANNOUNCEMENT

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Sheffield Resources Limited (“Sheffield” or “the Company”) (ASX: SFX) wishes to advise of a correction to the ASX announcement released on 23 June 2025.

On page 15, the previous announcement inadvertently referred to Exploration Targets and has been updated to refer to the Mineral Resources. This has been corrected in the attached update herein.

This ASX announcement has been authorised for release by the Company’s Board of Directors.

ENDS

For further information please contact:

Bruce Griffin Executive Chair Tel: 08 9215 6500 [email protected] Website: www.sheffieldresources.com.au

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@Sheffield_ASX

Sheffield Resources

LinkedIn

ASX AND MEDIA RELEASE 25 JUNE 2025

HIGH

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SOUTH ATLANTIC PROJECT:

MAIDEN MINERAL RESOURCE & RETIRO LICENCE APPROVAL

HIGHLIGHTS

  • Maiden Mineral Resource for South Atlantic Project of 771 million tonnes (Mt) @ 3.0% total heavy mineral (THM) (Indicated and Inferred), consistent with the prior Exploration Target

  • Installation Licence approved for Central Retiro, with Rio Grande Mineração progressing a Mining Decree for the initial project area

Sheffield Resources Limited (“Sheffield” or “the Company”) (ASX: SFX) is pleased to advise the maiden Mineral Resource of 771Mt @ 3.0% THM (Indicated and Inferred) for 23Mt of contained THM for the combined Retiro and Bujuru projects at the South Atlantic Project in Brazil. (Table 1, Figure 1).

Additionally, Rio Grande Mineração S/A (RGM) has been granted an Installation Licence for the Central Retiro area of interest, part of the greater Retiro deposit, paving the way for RGM to progress a Mining Decree for the initial project area.

Ongoing activities at RGM are focused on securing the Central Retiro mining decree, progressing project related approvals and the pre-feasibility study.

Table 1: South Atlantic Project Mineral Resource Summary

Summary of Mineral Resource(1) THM Assemblage(2)
Mineral
In Situ
BD
THM
SLIMES
OS
ILM
ILMA
ZIR
RUT
LX
OTHERS
Deposit Resource
Material
THM
(gcm3)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
Category
(Mt)
(Mt)









Retiro Indicated 316 9.6 1.6 3.0 1 0.2 41 12 6 3 1 37
Inferred 113 3.7 1.6 3.3 0 0.1 41 9 5 3 1 41
Total 429 13.3 1.6 3.1 1 0.1 41 11 6 3 1 38
Bujuru Indicated 263 7.9 1.6 3.0 4 0.3 51 7 6 3 0 32
Inferred 80 1.7 1.6 2.1 6 0.1 51 7 6 3 0 32
Total 343 9.6 1.6 2.8 5 0.2 51 7 6 3 0 32
Retiro and Bujuru Indicated 579 17.5 1.6 3.0 2 0.2 46 10 6 3 1 35
Inferred 193 5.4 1.6 2.8 3 0.1 44 9 6 3 1 38
Grand Total 771 22.9 1.6 3.0 3 0.2 45 10 6 3 1 36

Notes:

(1) Mineral Resource reported at a cut-off grade of 1% THM.

(2) Mineral assemblage is reported as a percentage of in situ HM content.

(3) Totals may vary subject to rounding.

Commentary

Sheffield Executive Chair, Bruce Griffin, said: “ We’re extremely pleased that the milestone of a maiden Mineral Resource estimate for the South Atlantic Project in Brazil has been achieved. The team at Rio Grande Mineração has worked diligently to deliver an outstanding result for the Retiro and Bujuru project areas. We also welcome the approval of the Installation Licence for Central Retiro, enabling Rio Grande Mineração to now progress the award of a Mining Decree.”

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South Atlantic Project

The South Atlantic Project is located within the Rio Grande do Sul Coastal Plain, a region located in the southernmost state of Brazil, Rio Grande do Sul, along the coast of the Atlantic Ocean. The tenements are held by RGM. Four main deposits have been identified within the project area: Retiro, Estreito, Capao do Meio and Bujuru with a Mineral Resource estimate developed for both the Retiro and Bujuru deposits.

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Figure 1: South Atlantic Project location

In 2022, a program of sonic drilling was carried out by RGM over Retiro and Bujuru, with trial pits also carried out at Bujuru, as part of a campaign to reconcile grade differences between historical drilling prior to 2014, the 2014 RC/AC drilling campaign, and more recent bulk test work programs. The sonic drilling program proved successful, with comparable continuity of grade between drill programs. RGM completed an extensive RC drill campaign in 2024, infilling existing drill lines across both the Retiro and Bujuru deposits, improving confidence in the drill grid spacing that informs the Mineral Resource. The mineralisation is relatively straight forward whereby the high grade, low slimes material is from surface, with the thickness of mineralisation for both Retiro and Bujuru deposits varying typically between a few metres to up to 10 metres thick, across a strike length exceeding 30km for each deposit.

South Atlantic Project – Mineral Resource Estimates

Chapter 5 of the ASX listing rules requires that Sheffield provide all information that is material to understanding the Mineral Resource estimates relevant to the South Atlantic Project, including the sampling techniques and data, as well as any material information in respect of the drill-holes. This information is included below, and in the JORC Code Table 1 attached to this announcement within Appendix 1.

Retiro

The Retiro Mineral Resource estimate has been developed from all available geological, drill hole and assay information. Requisite checks and balances have been applied to supporting information and all care has been taken to prepare the Mineral Resource estimates that reflect both conventional mining

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methodologies and economic cut-off grade considerations. A map showing the Retiro deposit coloured on THM using a cut-off grade of 1% THM, constrained to the tenure is shown below in Figure 2.

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Figure 2: Retiro deposit THM grade (>1% THM cut-off grade)

The Retiro deposit Mineral Resource estimate is reported at a cut-off grade of 1% HM and is presented below in Table 2. The table conforms to guidelines set out in JORC Code (2012) and is formatted for internal and external public reporting.

At a cut-off grade of 1% THM the Retiro deposit comprises of a total Mineral Resource of 429Mt @ 3.1% THM, 0.6% slimes and 0.1% oversize containing 13.3Mt of THM with an assemblage of 41% ilmenite, 11% altered ilmenite, 6% zircon, 3% rutile and 1% leucoxene.

Table 2: Retiro deposit Mineral Resource estimate (June 2025)

SUMMARY OF MINERAL RESOURCE[(1) ] (HM assemblage)

Deposit Classification
Cut off
(THM%)
Material
(Mt)
In Situ
HM
(Mt)
THM
(%)
HM Assemblage
Ilmenite
(%)
Altered
Ilmenite
(%)
Zircon
(%)
HiTi /
Rutile
(%)
Leuco
-xene
(%)
Non
Valuable
HM (%)
Retiro Indicated
1.0
316
9.6
3.0
41
12
6
3
1
37
Inferred
1.0
113
3.7
3.3
41
9
6
3
1
41
Total
1.0
429
13.3
3.1
41
11
6
3
1
38

Notes:

(1) Mineral Resource reported at a cut-off grade of 1% THM.

(2) Mineral assemblage is reported as a percentage of in situ HM content.

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The Retiro deposit JORC classification outline is presented in Figure 4. The cut-off grade used for reporting was based on the experience of the Competent Person and by considering the continuity of mineralisation at the cut-off grade as well as the inflection points on the grade tonnage curves (Figure 5) and considering potential future mining methodologies.

The Mineral Resource estimate has taken into consideration the drill hole spacing in plan view, as well as the sample support within domains, the size, weighting and distribution of the mineral assemblage and the variography. The deposit has been assigned a JORC classification of Indicated and Inferred and is supported by regular drill hole spacing that defines the geology and THM mineralisation distribution of trends, domain controlled variography and the distribution of mineral assemblage composites designed to appropriately identify various mineralogical domains specific to the Retiro deposit.

Scoping level pit optimisation studies have been carried out independently to the development of the Mineral Resource estimates, with studies reaffirming the selection of the cut-off grade for reporting. Utilising dredging as a potential mining method, and incorporating estimated operating costs, metallurgical recoveries and product revenues, the Retiro deposit has reasonable prospects for eventual economic extraction.

Bujuru

The Bujuru Mineral Resource estimate has been developed from all available geological, drill hole and assay information. Requisite checks and balances have been applied to supporting information and all care has been taken to prepare the Mineral Resource estimates that reflect both conventional mining methodologies and economic cut-off grade considerations. A map showing the Bujuru deposit coloured on THM using a cut-off grade of 1% THM, constrained to the tenure is shown below in Figure 3.

The Bujuru deposit Mineral Resource estimate is reported at a cut-off grade of 1% HM and is presented below in Table 3. The table conforms to guidelines set out in JORC Code (2012) and is formatted for internal and external public reporting.

At a cut-off grade of 1% THM the Bujuru deposit comprises of a total Mineral Resource of 343Mt @ 2.8% THM, 4.9% slimes and 0.2% OS containing 9.6Mt of THM with an assemblage of 51% ilmenite, 7% altered ilmenite, 6% zircon, 3% rutile and 0.3% leucoxene.

Table 3: Bujuru deposit Mineral Resource estimate (June 2025)

SUMMARY OF MINERAL RESOURCE[(1) ] (HM assemblage)

SUMMAR Y OF MINERAL RESOURCE(1)(HM assemblage)
Deposit Classification
Cut off
(THM
%)
Material
(Mt)
In
Situ
HM
(Mt)
THM
(%)
HM Assemblage
Ilmenite
(%)
Altered
Ilmenite
(%)
Zircon
(%)
HiTi /
Rutile
(%)
Leuco
-xene
(%)
Non
Valuable
HM (%)
Bujuru Indicated
1.0
263
7.9
3.0
51
7
6
3
0.3
32
Inferred
1.0
80
1.7
2.1
51
7
6
3
0.4
32
Total
1.0
343
9.6
2.8
51
7
6
3
0.3
32

Notes:

(1) Mineral Resource reported at a cut-off grade of 1% THM

(2) Mineral assemblage is reported as a percentage of in situ HM content.

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Figure 3: Bujuru deposit THM grade (>1% THM cut-off grade)

The Bujuru deposit JORC classification outline is presented in Figure 6. The THM cut-off grade used for reporting was based on the experience of the Competent Person and by considering the continuity of mineralisation at the cut-off grade as well as the inflection points on the grade tonnage curves (Figure 7) and considering potential future mining methodologies.

The Mineral Resource estimate has taken into consideration the drill hole spacing in plan view, as well as the sample support within domains, the size, weighting and distribution of the mineral assemblage and the variography. The deposit has been assigned a JORC Classification of Indicated and Inferred and is supported by regular drill hole spacing that defines the geology and THM mineralisation distribution of trends, domain controlled variography and the distribution of mineral assemblage composites designed to appropriately identify various mineralogical domains specific to the Bujuru deposit.

Scoping level Bujuru pit optimisation studies have been carried out independently to the development of the Mineral Resource estimates, with studies reaffirming the selection of the cut-off grade for reporting. Utilising dredging as a potential mining method, and incorporating estimated operating costs, metallurgical recoveries and product revenues, the Bujuru deposit has reasonable prospects for eventual economic extraction.

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Figure 4: Retiro deposit JORC classification categories

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Figure 5: Retiro deposit grade tonnage curve showing material tonnes versus THM grade

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Figure 6: Bujuru Deposit JORC classification categories

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Figure 7: Bujuru deposit grade tonnage curve showing material tonnes versus THM grade

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Summary of Mineral Resource Estimate and Reporting Criteria

As per ASX Listing Rule 5.8 and the 2012 JORC reporting guidelines, a summary of the material information used to estimate the Mineral Resource is detailed below (for more detail please refer to Table 1, Sections 1 to 3 included below in Appendix 1). Appendix 2 and Appendix 3 provide a list of composited drill holes (above cut-off grade of 1% THM) for the Retiro deposit and Bujuru deposit respectively.

Geology and geological interpretation

The geomorphology of the South Atlantic Project is controlled by the active shoreline which is dominated by sandy beaches and dunal systems host to the near surface, mineralised, fine grained, quartzose sands forming a Holocene aged barrier-lagoon system. The mineralisation of the South Atlantic Project is relatively straight forward whereby the high grade, low slimes material is from surface, typically 2m to 6m thick and is laterally continuous, following the general morphology of the natural form of the undulating beach/dunal systems. The South Atlantic Project is host to a reasonably consistent and continuous lithological sequence. The overall dimensions of the Retiro deposit are approximately 31km in length along strike and across strike varying typically between 1.2km and 2.2km. The dimensions for the Bujuru deposit are of similar length to Retiro and between 2.2km and 4.3km across strike. The thickness of mineralisation for both deposits varies typically between a few metres to up to 10 metres thick. The base of mineralisation is flat for Retiro which makes it even more amenable to dredging. The base of mineralisation at Bujuru is dipping from the landward to seaward side (north-west to south-east) at very low angles and also amenable for dredging.

The dunal/beach mineralised sands are typically from surface and are khaki in colour predominantly consisting of sub-rounded quartz, minor silt and occasional thin wisps of dark brown organic matter. The basal contact of the surficial mineral sands is marked by a silty sand layer which transitions quite sharply to grey coloured sediment much higher in silt percentage and low mineral sands content. Underlying the silty sand material is a dark grey clay unit which is firm but pliable and considered mostly homogenous sandy silt containing very minor mineral sands content. The clay unit thins moving south. Deeper holes within the project area intersected a lower greenish-grey sandy unit containing mica. Mineral sand content in this lower sandy unit has been identified as very minor at this stage of exploration.

The geomorphology of the Retiro deposit is consistent with the general local morphology of the South Atlantic Project area, forming part of the Holocene aged barrier-lagoon system. Much of the northern extents of the deposit is positioned parallel to the current active shoreline, consisting of active beach/dunal systems towards the active shoreline and a thin layer of aeolian sands along the in-land western edge of the deposit which can exhibit higher elevations to the material closer to the activeshoreline. The southern extents of the Retiro deposit are unique to the project, given that it traverses the barrier-lagoon system, moving away from the current active-shoreline so that its most southern extents terminate at the lagoon side of the barrier. This shift in the deposits trajectory, moving the predominant strike from south south-east to south-east targets a different mineralised sequence of the barrier-lagoon system. Due to this, there is a natural break in the high THM grade continuity along strike between the in-land, lagoonal southern extents of the Retiro deposit and the central, northern active near-shore extents, particularly when observing grades above a cut-off of >5% THM for the mineralised domain. The lower THM grade range below 2% THM maintains continuity between the southern extents of the deposit and the rest of the deposit for the mineralised domain.

The Bujuru deposit also forms part of the barrier-lagoon system, to the north of Retiro. However, unlike the Retiro deposit, the Bujuru deposit is defined by the active dunal/beach systems associated with the current active shoreline and does not transect the natural barrier between the active coast and lagoon.

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The Bujuru deposit shows good continuity along strike, particularly in the central and northern extents of the deposit, associated with material nearest to the active shoreline. This is made particularly obvious when observing grades above a cut-off grade of 5% THM. The southern extents at a cut-off grade of 5% THM occur sporadically with less continuity both along and across strike. Most of the slimes content within the Bujuru deposit reside within the southern extents of the deposit whilst also extending north following the in-land north-east, south-west edge of the resource. The high slimes material constrained to the southern and inland extents juxtaposes the high THM content observed in the central and northern regions of the deposit within the mineralised domain.

Drilling techniques and hole spacing

The following drill spacing (XYZ) was used across the Retiro resource area (Figure 8):

The early drilling completed in 2000 (defined by hole ID naming convention ‘RET’) utilised a dominant drill grid spacing of 100m x 1,000m (XY) along strike for the entirety of the Retiro deposit. Follow-up drilling in 2014 (defined by hole ID naming convention ‘S14’) was completed using a 100m x 250m (XY) infill drill program to target the central region of the Retiro deposit, considered to be of high prospectivity, whilst both the southern and northern extents were completed using a wider spaced grid pattern of 200m x 500m (XY) and 500m x 500m (XY) at the extreme extents. The latest 2024 drilling predominantly consists of RC drilling (defined by hole ID naming convention ‘RTAC’) using a drill grid spacing of 200m x 400m (XY) to in-fill existing drilling along strike for the Central and northern extents of the Retiro deposit. RGM completed a small focused closed spaced sonic drill program within the central area of the Retiro deposit using a 25m spacing to be used to check close spaced grade variability and to check previous drilling down hole assays.

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Figure 8: Retiro deposit drilling by year

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The following drill spacing (XYZ) was used across the Bujuru resource area (Figure 9):

The Bujuru drill grid pattern consists of historic drilling (defined by hole ID naming convention ‘PB’) and the more recent 2024 RC in-fill drilling (defined by hole ID naming convention ‘BJAC’). The historic drilling was completed at a relatively consistent drill grid spacing of 200m x 1,000m (XY) along strike in the deposits entirety.

The historic drilling has subsequently been in-filled during the RGM 2024 drill campaign utilising a dominant drill grid spacing 200m x 400m (XY) pattern. The latest drilling does exhibit some larger breaks between drill lines along strike between 1,200m and 2,500m as RGM used this opportunity to infill expected highly prospective regions of the deposit based on THM grade observed in the earlier drilling.

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Figure 9: Bujuru deposit drilling by year

A total of 1,853 drill holes were used to develop the geological block models for the Retiro and Bujuru deposits. Of the 1,853 drill holes used, 1,016 drill holes are associated with the Retiro deposit whilst the remaining 837 drill holes are associated with the Bujuru deposit. The majority of the latest drilling completed across the South Atlantic Project used reverse circulation drilling techniques, complimented by a small target program of sonic drilling. The sonic drill holes were undertaken by RGM as a measure against existing drilling to confirm grade, down hole variability, closed spaced continuity and to rule out any potential for down hole contamination. The sonic drill program was conducted during August 2022, whilst the primary reverse circulation program was completed between February and August 2024.

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Sampling and analysis method

The latest samples associated with the 2022 and 2024 work were assayed by Diamantina Laboratories in Perth, Western Australia. Diamantina Laboratories is considered a mineral sands industry leading laboratory. Individual split samples were dispatched from the RGM managed Bujuru sampling facility to Diamantina Laboratories and initially oven dried for up to 24 hours at an approximate temperature of 105°C to 110°C. Once dried, each sample was loosened until friable and split down to a 100g sub sample as required using a rotary splitter.

The 100g sub samples were then wet screened on a Sweco vibrating screen deck which consists of a top aperture of 1mm (to screen oversize material) and a bottom screen of 45 µm (to screen slimes fraction). The -1 mm to 45 µm sand fraction containing THM was then dried.

The sub split samples were then used for heavy liquid separation by use of funnels and a heavy liquid Tetrabromoethane (TBE) which has a density of between 2.92 gcm[3] and 2.96 gcm[3] to determine total heavy mineral (THM) content, which is an industry standard technique.

Mineral Assemblage Compositing

The mineral assemblage composites are designed to provide an indication of the mineralogical characteristics of the heavy mineral assemblage to enable preliminary economic evaluation to be undertaken for any given heavy mineral sand deposit. Mineral assemblage composites were developed by IHC Mining in Datamine Studio RM 3D window. Composite strings were generated to define individual composites using geological and stratigraphic interpretation of the primary drill holes, down hole logging and assaying. There is a distinct change in grade, particularly associated with THM and slimes, whereby the material closest to the active shoreline exhibit an uplift in THM grade along with lower slimes, whilst the material inland exhibits lower THM grade and higher slimes. The development of composites took this into consideration, separating these areas of change between the near shore material and inland material.

Samples from domains with similar geological and grade characteristics are then grouped together and then are then weighted on THM to ensure that each sample has a proportionate contribution to the overall composite weight. Individual composites were constrained by domain contacts which provides additional confidence in the mineral assemblage results being representative of the defined material. Preparing the mineral assemblage composites in this manner allows for composite results to be easily applied to the resource block model using field MACNUM by completing a nearest neighbour interpolation process and for those results to then be reported and weighted on THM in the final Mineral Resource estimate. A total of 32 individual mineral assemblage composites were prepared across the Retiro deposit area and an additional 25 individual mineral assemblage composites for the Bujuru deposit. Once all the sample compositing was completed, the sample identification and mineral assemblage composite number was submitted to IHC Mining laboratory for a bespoke mineral assemblage analysis. This method utilises magnetic separation and XRF on the various magnetic, paramagnetic and non-magnetic fractions to calculate mineral species such as ilmenite, rutile and zircon. These mineral assemblages are then validated with a regression analysis using QEMSCAN.

Estimation Methodology

Geological interpretation, wireframing, 3D block modelling and grade interpolation was carried out using Datamine Studio RM software. Construction of the geological grade model was based on a combination of coding model cells and drill holes below open wireframe surfaces, including topography and basement wireframes defined by mineralised domains. Most modelling convention has the largest parent cell size possible used which is generally based on half the distance between holes of the dominant drill hole spacing in the X and Y dimensions. Cell dimensions are generally used in order to avoid overly small cells

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that imply a level of refinement in the model that is not justified by the drill hole spacing. With the varied drill spacing across the South Atlantic Project deposits, there was a requirement to have a ‘best fit’ parent cell size. Based upon this, the parent cell size selected to best fit the drill hole data was 50m x 200m x 1m in the XYZ directions for the Retiro deposit. The model cell size for Bujuru deposit was selected as 50m x 100m x 1m in the XYZ directions and was based on the dominant drill spacing.

A model was generated for each deposit and interpolated using inverse distance weighting (with a power of 3) and the preliminary estimates were compared with drill hole grades. It was found that this cell size and parameters chosen were resulting in an acceptable interpolation process.

The search ellipse used for the grade interpolation was guided by the dynamic ellipsoid routine employed by Datamine. This allows for variations in mineralisation strike, dip and plunge to be accounted for during the grade interpolation.

The mineral assemblage composite identifiers were interpolated into the block model utilising a nearest neighbour method with the mineralogy results joined into the model following the primary grade validation.

Variography was carried out prior to interpolation as part of developing search ellipse directions and sizes. Resulting variograms were used to test the drill spacing (and continuity of THM grade) and these supported the final selected JORC Mineral Resource category.

Cut-off grades

A cut-off-grade of 1% THM was used to report Mineral Resource tonnes and grade from within the granted tenure for the South Atlantic Project. No other cutting or assumptions on minimum thickness were made when reporting the Mineral Resource estimate.

Classification criteria

The South Atlantic Project has been assigned a JORC Classification of Indicated and Inferred Resource which is supported by the following criteria:

  • drill hole spacing (based on variography);

  • continuity of geology, THM mineralisation and mineralogical identification; and

  • distribution and weighting of mineral assemblage composites.

The density/number of samples and distribution of mineral assemblage composites is to an adequate level of density for the JORC Classification for both the Retiro and Bujuru deposits within the South Atlantic Project.

Mining and metallurgical methods and parameters

Based on the characteristics of the orebodies, along with environmental and economic factors, it is anticipated that some combination of dredges (1 or 2) would be used to mine the Retiro and Bujuru deposits. The water table is close to or at surface for most of the year and de-watering to facilitate dry mining is not considered to be economic or practical. Technical studies have been carried out by IHC Mining Advisory Services in the Netherlands to establish the likely dredging scenarios for the project.

Metallurgical testwork has been carried out by IHC Mining at their test facility in Queensland, Australia and this work has allowed for the development of process flowsheets for both deposits that deliver a mix of saleable product streams for the mineral sands market.

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RGM Option Agreement

Sheffield entered into an option agreement with RGM in February 2023 with amendments and an extension period being agreed between the parties in August 2024. Sheffield has to date provided US$2.5m to fund RGM project related activities and maintains earn an option to acquire up to 80% of RGM via a staged investment approach, subject to various conditions and milestones being achieved (please refer to the ASX announcement dated 28 February 2023 for further information).

Sheffield will provide further updates to the market in respect of any material developments in connection with the RGM Option Agreement in due course.

ENDS

For further information please contact:

Bruce Griffin Executive Chair Tel: 08 9215 6500 [email protected] Website: www.sheffieldresources.com.au

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ABOUT SHEFFIELD RESOURCES

Sheffield Resources Limited is focused on assembling a portfolio of global mineral sands development and production assets to generate cash returns and growth.

Our core asset is our 50% investment in Kimberley Mineral Sands Pty Ltd (KMS), the owner of the world class Thunderbird Mineral Sands Mine in operation in north-west Western Australia.

Additionally, Sheffield executed a binding agreement in February 2023, providing the Company with an option to acquire up to an initial 20% interest in the South Atlantic Mineral Sands Project in Brazil, and owns 10% of Capital Metals Plc (AIM: CMET), the owner of the Taprobane Mineral Sands Project in Sri Lanka.

KIMBERLEY MINERAL SANDS

Kimberley Mineral Sands Pty Ltd, (KMS) is a 50:50 Joint Venture between Sheffield and Yansteel. The joint venture owns and operates the Thunderbird Mineral Sands Mine and actively exploring adjacent tenements on the Dampier Peninsula.

KMS is governed by a four person Board of Directors with Sheffield and Yansteel each nominating two directors. Key Joint Venture decisions require unanimous approval of both shareholders. KMS operates as a standalone entity with its own management and employees.

THUNDERBIRD MINERAL SANDS MINE

The Thunderbird Mineral Sands Mine (“Thunderbird”) is one of the largest and highest grade mineral sands discoveries in the last 30 years.

Now in production Thunderbird is expected to generate a high-quality suite of mineral sands concentrate products suited to market requirements. These products include a zircon concentrate and an ilmenite concentrate that contains a high quality ilmenite suitable smelting into chloride slag or for manufacturing titanium dioxide pigment.

Thunderbird is located in one of the world’s most attractive mining investment jurisdictions and is well placed to deliver long term, secure supply of high quality products to a range of potential customers over a decades long mine life.

ABOUT YANSTEEL

Yansteel is a wholly-owned subsidiary of Tangshan Yanshan Iron & Steel Co., Ltd, a privately owned steel manufacturer headquartered in Hebei, China producing approximately 10mt per annum of steel products and has annual revenues of ~A$6bn.

Yansteel’s 500ktpa integrated titanium dioxide processing facility, which includes a titanium slag smelter, will consume the magnetic concentrate from Stage 1 of the Thunderbird Mineral Sands Project under a take or pay offtake agreement.

SOUTH ATLANTIC PROJECT

The South Atlantic Project is located in south east Brazil. Four main deposits have been identified within the project area: Retiro, Estreito, Capao do Meio and Bujuru with Mineral Resources developed for the Retiro and Bujuru deposits. The combined Mineral Resource for Retiro and Bojuru is 771Mt of material at an average grade of 3.0% THM.

The tenements are held by RGM. Sheffield entered into an option agreement with RGM in February 2023 and extended it in August 2024. Sheffield will provide US$4.0m to fund project related activities over an initial 30 month period and earn an option to acquire up to 20% of RGM via the progressive investment of a further US$11.0m (US$15.0m in total) to acquire a 20% interest. Should Sheffield elect to exercise the option, subject to various conditions being satisfied, including project financing being obtained and all funds required for project construction being secured, Sheffield may exercise a further option to increase its interest in RGM up to 80%.

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COMPETENT PERSONS AND COMPLIANCE STATEMENTS

The information in this announcement that relates to the Retiro and Bujuru Mineral Resources is based on information compiled under the guidance of Mr Greg Jones, a Competent Person who is a Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM). Mr Jones is an employee of IHC Mining and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being 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’. Mr Jones consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

APPENDIX 1: JORC (2012) Table 1 Report

The table below summaries the assessment and reporting criteria used for the Retiro and Bujuru Mineral Resources and reflects the guidelines in Table 1 of The Australasian Code for the Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code, 2012).

Section 1: Sampling Techniques and Data

Criteria JORC Code explanation Commentary
Sampling
techniques

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

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

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

All holes were drilled vertically

Drill holes were sampled at varying down hole
interval lengths. The dominant down hole interval
length is 1 m, complimented by 0.5 m intervals
associated with older historic drilling and 3 m
intervals.

Drilling was completed using a variation of drilling
techniques, from historic manual percussion, semi
manual percussion to reverse circulation and sonic
drilling methods.

Samples were split on site at the RGM facilities
before submission to primary laboratory
Diamantina for the latest work.
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).

All holes were drilled vertically

Drilling was completed using a variation of drilling
techniques, from historic manual percussion, semi
manual percussion to reverse circulation and sonic
drilling methods.

Latest RC drilling used Core diameter is NQ (76 mm
external diameter), with 3 metre rod lengths fitted
with a face discharge drill bit

Sonic drilling utilised a 4inch OD core barrel using
slow rotation and vibration
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

Recent RC and sonic drill programs were
supervised and operated by industry leading
mineral sand drilling specialists with experienced
drillers to maximise drill recovery such as
maintaining drill penetration rates, airflow and
water injection.

In particular, one of the predominant reasons
behind the completion of the close spaced sonic

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Criteria JORC Code explanation Commentary
loss/gain of fine/coarse material. drill program was to measure consistency of grade
down hole against previously drilled RC drill holes
and to successfully rule out any potential for down
hole contamination associated with previous drill
programs. This program was significant in that it
provided confidence and assurance for the
previous drilling completed prior to the 2022 sonic
program.

There is no correlation between recovery and grade
resulting in no sample bias
Logging
Whether core and chip samples have been
geologically and geotechnically logged to a
level of detail to support appropriate Mineral
Resource estimation, mining studies and
metallurgical studies.

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

The total length and percentage of the relevant
intersections logged.

All samples were visually checked and logged on
site by rig geologist and logged for lithotype, grain
size, sorting, colour, competence, moisture content

Every drill hole was logged in full with detailed
logging.

Logging is undertaken with reference to a drilling
guideline with codes prescribed and guidance on
description to ensure consistent and systematic
data collection
Sub-sampling
techniques
and sample
preparation

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 material was split in the Company Bujuru
sample storage facility and securely placed in a
calico sample bag. The calico sample bags were
sundried before being shipped.

For one sample in every 25, an additional calico
bagged sample were taken for checking purposes.

Primary samples were submitted to Diamantina
Laboratory, Perth, Australia. Secondary samples
submitted to SGS, Brazil. The initial top metre of
drill hole submitted to Intertec for analysis

All laboratories: separation of concentrates was by
heavy liquid (tetrabromoethane (TBE) at density
2.95 g/cc)

All samples were:
o
Dried, weighed
o
Sample riffle split to produce 100 gram A
sample
o
Sample screened +1 mm weighed
o
Sample screened -45 µm
o
weighed
o
TBE for heavy media separation
o
TBE Floats weighed
o
TBE Sinks weighed
Quality of
assay data
and
laboratory
tests

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

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

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

Analytical procedure conforms to AS4350.2-1999;
Australian Standards Heavy mineral sand
concentrates - Physical testing using TBE.

Quality control procedures:

Regular checks of analyses

Submission of umpire samples to a second
laboratory

Submission of randomly inserted control samples
at a rate on approximately 1 in 25

Duplicate sample analyses
Verification of
sampling and
assaying

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

The use of twinned holes.

All results are checked by the Competent Person

The Competent Person makes periodic visits to the
laboratory to observe sample processing

A process of laboratory data validation using mass

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Criteria JORC Code explanation Commentary

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

Discuss any adjustment to assay data.
balance is undertaken to identify entry errors or
questionable data

QAQC samples but field and laboratory of each
batch are plotted to identify potential quality control
issues

Standard Certified Reference Material sample
results are checked from each sample batch to
ensure they are within tolerances (<2SD) and that
there is no bias or drift

Data validation criteria are included to check for
overlapping sample intervals, and other common
errors

No adjustments are made to the primary assay
data
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.

Down hole surveys for shallow vertical drill holes
are not required

Initial handheld GPS was used to identify the
positions of the drill holes in the field and
subsequently re-surveyed using a professional
DGPS survey pickup for each collar position upon
completion of program.

The datum used is SIRGAS 2000 (‘Sistema de
Referencia Geocentrico para las Americas 2000’)
replacing the SIRGAS 1995 system.
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 early drilling completed in year 2000 (defined
by hole ID naming convention ‘RET’) was completed
using a dominant drill grid spacing of 100 m x
1,000 m (XY) along strike for the entirety of the
Retiro deposit. Follow-up drilling in 2014 (defined
by hole ID naming convention ‘S14’) was completed
using a 100 m x 250 m (XY) in-fill drill program to
target the central region of the Retiro deposit,
considered to be of high prospectivity, whilst both
the southern and northern extents were completed
using a wider spaced grid pattern of 200 m x 500
m (XY) and 500 m x 500 m (XY) at the extreme
extents.

The latest 2024 drilling predominantly consists of
RC drilling (defined by hole ID naming convention
‘RTAC’) using a drill grid spacing of 200 m x 400 m
(XY) to in-fill existing drilling along strike for the
Central and northern extents of the Retiro deposit.
The company completed a small focused closed
spaced sonic drill program within the central area
of the Retiro deposit using a 25 m spacing to be
used to check close spaced grade variability and to
check previous drilling down hole assays.

The Bujuru drill grid pattern consists of historic
drilling (defined by hole ID naming convention ‘PB’)
and the more recent 2024 RC in-fill drilling (defined
by hole ID naming convention ‘BJAC’). The historic
drilling was completed at a relatively consistent drill
grid spacing of 200 m x 1,000 m (XY) along strike
in the deposits entirety.

Th historic drilling has subsequently been in-filled
during RGM 2024 drill campaign utilising a
dominant drill grid spacing 200 m x 400 m (XY)
pattern. The latest drilling does exhibit some larger
breaks between drill lines along strike between
1,200 m and 2,500 m as RGM used this
opportunity to in-fill regions of the deposit
considered as high prospectivity based on THM

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Criteria JORC Code explanation Commentary
grade observed in the earlier drilling.
Orientation of
data in
relation to
geological
structure

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

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

All drill holes were drilled vertically

Drill line were drilled northeast - southwest,
southeast – northwest along strike which is
perpendicular to the current active shoreline.

No bias to drill grid sampling has been introduced
Sample
security

The measures taken to ensure sample
security.

All samples were submitted to the Company’s
Bujuru sample storage facility at the end of each
day, both the sample bags and sample chip trays.

Sample bags were labelled by marker on the
outside and an aluminium tag was placed inside
each sample bag. Each sample was also securely
zip tied with an additional plastic sample tag
attached.

Samples were split and dried at the Bujuru sample
storage facility.

Samples were securely shipped by air freight and
sea freight to Diamantina, Perth, Australia.
Secondary samples were dispatched to Intertec
and SGS, Brazil by road freight.

Samples were placed in calico bags and grouped in
rice bags by drill hole
Audits or
reviews

The results of any audits or reviews of
sampling techniques and data.

Audits and reviews or the sampling data and
techniques have been carried out by:
o
RPA (2013)
o
IHC Mining (2021)

Some items were identified with the historical
drilling to be rectified in future drill programs.

The 2014 drilling program did twin some of the
older historical holes and subsequent database
reviews did identify some bias between the two
drilling sets below 6 m depth. For this reason, only
the top 6m were utilised in the preparation of the
Exploration Targets.

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, historical sites, wilderness or national
park and environmental settings.

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

The South Atlantic HMS project is 100% owned by
RGM and is located wholly within exploration tenure
wholly owned and managed by RGM.

The Company tenure are outlined in the body of the
report in Section 3.4.
Exploration
done by other
parties

Acknowledgment and appraisal of exploration by
other parties.

Drilling has been carried out in the past by:
o
RTZ and Paranapanema SA, 471 holes for
Retiro and 286 holes for Bujuru (prior to
2014)
o
Sibelco 182 holes (2014)

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Criteria JORC Code explanation Commentary
Geology
Deposit type, geological setting and style of
mineralisation.

The Rio Grande do Sul Coastal Plain is also known
for its extensive sand dunes, which have formed by
the action of wind and sea currents and influenced
by changing sea levels due to glaciation events.

The more recent sedimentation has included the
transport, concentration and preservation of HM
placers along the barrier beach shorelines of the
project area

There are four main types of sedimentary units that
have been identified within the project area (After
TZMI 2013):
o
Beige, well-sorted eolian sands that are
primarily found on beach sands and dune
fields and are typically low grade (1%, rarely
2-3%).
o
Fine-grained, beige sea sands that can
contain up to 10% THM and are often of a
fine texture. Additionally, lenses of fine clayey
sands, layers of peat intercalations, and
discontinuous layers rich in shells can all be
found in these sands (10 - 15 cm thick).
o
Sands that range from beige to greenish-
beige and contain a lot of clayey to plastic
clay sands. Low levels of THM are also seen in
this unit.
o
Clayey sand that can range in colour from
greyish beige to black and contains up to
3.5% THM in some locations. These
sediments often occur in discontinuous
deposits and include clay lens intercalations.
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:

easting and northing of the drillhole collar

elevation or RL (elevation above sea level in
metres) of the drillhole collar

dip and azimuth of the hole

down hole length and interception depth

hole length.
If the exclusion of this information is justified on
the basis that the information is not Material and
this exclusion does not detract from the
understanding of the report, the Competent
Person should clearly explain why this is the
case.

A summary of the drill holes used in the
development of the Exploration Targets is
presented in Appendix 2 and 3. All composites are
reported without any cut-off grade and are a
composite of vertical and unbroken domain used to
control the grade interpolation used to populate the
block model.
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

All length weighted intervals are reported for each
hole for grades above 1% THM.

For the Mineral Resource estimate reporting, the
cut-off grade for reporting was THM>1%.

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Criteria JORC Code explanation Commentary
Relationship
between
mineralisation
widths and
intercept
lengths

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 (e.g. ‘down hole length, true width
not known’).

All drill holes are vertical and perpendicular to the
dip and strike of mineralisation and therefore all
interceptions are approximately true thickness.

Drill holes are inferred to intersect the
mineralisation approximately perpendicularly.
The deposit style is flat-lying and therefore the
vertical holes are assumed to intersect the true
width of any mineralisation.
Diagrams
Appropriate maps and sections (with scales) and
tabulations of intercepts should be included for
any significant discovery being reported These
should include, but not be limited to a plan view
of drill hole collar locations and appropriate
sectional views.

Figures and plans are displayed in the main text of
this release.
Balanced
reporting

Where comprehensive reporting of all
Exploration Results is not practicable,
representative reporting of both low and high
grades and/or widths should be practiced to
avoid misleading reporting of Exploration
Results.

All drill results >1% THM have been summarised as
composited intervals and reported and tabulated in
Appendix 2
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.

Samples have not yet been tested for in situ
density.

Detailed mineral assemblage work has been
undertaken on composite samples from across the
South Atlantic Project, for both the Retiro and
Bujuru deposits.

Sample composites were submitted to IHC Mining
laboratory for a bespoke mineral assemblage
analysis.

This method utilises magnetic separation and XRF
on the various magnetic, paramagnetic and non-
magnetic fractions to calculate mineral species
such as ilmenite, rutile and zircon.

These mineral assemblages are then validated with
a regression analysis using QEMSCAN.
Further work
The nature and scale of planned further work
(e.g. tests for lateral extensions or depth
extensions or large-scale step-out drilling).

Further infill drilling to support increases in JORC
Mineral Resource confidence

Project development pit optimisation and dredging
studies.

Section 3: Estimation and Reporting of Mineral Resources

(Criteria listed in section 1, and where relevant in section 2, also apply to this section.)

Criteria JORC Code explanation Commentary
Database
integrity

Measures taken to ensure that data has not
been corrupted by, for example, transcription or
keying errors, between its initial collection and
its use for Mineral Resource estimation
purposes.

Data validation procedures used.

Original laboratory files were used to populate
exploration database assay tables via an automatic
software assay importer where available.

Checks of data by visually inspecting on screen (to
identify translation of samples), duplicate and twin
drilling was visually examined to check the
reproducibility of assays.

Database assay values have been subjected to
random reconciliation with laboratory certified
value is to ensure agreement.

Visual and statistical comparison was undertaken
to check the validity of results.

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Criteria JORC Code explanation Commentary
Site visits
Comment on any site visits undertaken by the
Competent Person and the outcome of those
visits.

If no site visits have been undertaken indicate
why this is the case.

A site trip was undertaken by Greg Jones in
February 2024 to review drilling, sampling and
sample preparation.

Company geologists were on site during this visit
and observation was made of the siting of drill rigs
with respect to surveyed collars, panning and
logging and collection of samples, maintaining the
Geological
interpretation

Confidence in (or conversely, the uncertainty of )
the geological interpretation of the mineral
deposit.

Nature of the data used and of any assumptions
made.

The effect, if any, of alternative interpretations
on Mineral Resource estimation.

The use of geology in guiding and controlling
Mineral Resource estimation.

The factors affecting continuity both of grade
and geology.

The geomorphology of the South Atlantic HMS
project is controlled by the active shoreline which is
dominated by sandy beaches and dunal systems
host to the near surface, mineralised, fine grained,
quartzose sands forming a Holocene aged barrier-
lagoon system. The mineralisation of the South
Atlantic deposit is relatively straight forward
whereby the high grade, low slimes material is from
surface, typically 2 m to 6 m thick and is laterally
continuous, following the general morphology of the
natural form of the undulating beach/dunal
systems. There are regions of the project which
exhibit an uplift in THM grade highlighting specific
areas of high prospectivity.
Dimensions The extent and variability of the Mineral
Resource expressed as length (along strike or
otherwise), plan width, and depth below surface
to the upper and lower limits of the Mineral
Resource.

The dimensions of the Retiro deposit is
approximately 31 km in length along strike. The
across strike dimension varies typically between
1.2 km and 2.2 km.

The dimensions for the Bujuru deposit is
approximately 31 km in length and between 2.2 km
and 4.3 km across strike.

Thickness of mineralisation varies typically between
a few metres to up to 10 metres thick across both
deposits.
Estimation
and modelling
techniques

The nature and appropriateness of the
estimation technique(s) applied and key
assumptions, including treatment of extreme
grade values, domaining, interpolation
parameters and maximum distance of
extrapolation from data points. If a computer
assisted estimation method was chosen include
a description of computer software and
parameters used.

The availability of check estimates, previous
estimates and/or mine production records and
whether the Mineral Resource estimate takes
appropriate account of such data.

The assumptions made regarding recovery of by-
products.

Estimation of deleterious elements or other non-
grade variables of economic significance (eg
sulphur for acid mine drainage
characterisation).

In the case of block model interpolation, the
block size in relation to the average sample
spacing and the search employed.

Any assumptions behind modelling of selective
mining units.

Any assumptions about correlation between
variables.

Description of how the geological interpretation
was used to control the resource estimates.

Discussion of basis for using or not using grade
cutting or capping.

CAE mining software Datamine Studio RM was
used to estimate the mineral resources

Inverse distance weighting techniques were used to
interpolate assay grades from drill hole samples
into the block model and nearest neighbour
techniques were used to interpolate index values
and non-numeric sample identification into the
block model

The mostly regular dimensions of the drill grid and
the anisotropy of the drilling and sampling grid
allowed for the use of inverse distance
methodologies as no de-clustering of samples was
required

Appropriate and industry standard search ellipses
were used to search for data for the interpolation
and suitable limitations on the number of samples
and the impact of those samples was maintained.
An inverse distance weighting of three was used so
as not to over smooth the grade interpolations

Hard domain boundaries were used and these were
defined by the geological wireframes that were
interpreted

Topographic surface was created from LIDAR data.

Resource was modelled to key geological
boundaries and then reported at cut-off grades of 1
THM%.

The average parent cell size used for the
interpolation was approximately half the standard
drill hole width and a half of the standard drill hole
section line spacing.

The average drill hole spacing for the two deposits

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Criteria JORC Code explanation Commentary

The process of validation, the checking process
used, the comparison of model data to drill hole
data, and use of reconciliation data if available.
was 100 m east-west and 200 m north-south and
with a 1.5 m samples and so the selected parent
cell size was 50 x 100 x 1.5 m (where the Z or
vertical direction of the cell was nominated as the
same distance as the sample length).

An unpublished Mineral Resource estimate had
been undertaken previously 2013, GNJ Consulting

Prior to this current phase of work an Exploration
Target was declared for the Retiro and Bujuru
deposits

No assumptions have been made regarding
recovery of by-products

No deleterious elements or non-grade variables are
present

All resource block are mined from the surface with
no overburden

Mineral assemblages show little statistical variation
over the deposit, and correlate well with HM
content.

Grade cutting or capping was not used during the
interpolation because of the regular nature of
sample spacing.

Sample distributions were reviewed and no
extreme outliers were identified either high or low
that necessitated any grade cutting or capping.

Validation of grade interpolations were done
visually In CAE Studio (Datamine) software by
loading model and drill hole files and annotating
and colouring and using filtering to check for the
appropriateness of interpolations

Statistical distributions were prepared for model
zones from drill hole and model files to compare
the effectiveness of the interpolation

Along strike distributions of section line averages
(swath plots) for drill holes and models were also
prepared for comparison purposes
Moisture
Whether the tonnages are estimated on a dry
basis or with natural moisture, and the method
of determination of the moisture content.

Tonnages were estimated an assumed dry basis

The bulk density used for the South Atlantic HMS
project is based on a simple linear algorithm
originally developed by John Baxter (1977). IHC
Mining from experience of working with these styles
of ore bodies considers that this algorithm is a fair
approximation of the in situ dry bulk density at this
stage of the project
Cut-off
parameters

The basis of the adopted cut-off grade(s) or
quality parameters applied.

Cut-off grades were used for reporting the Mineral
Resource estimate. No top or bottom cuts were
used for grade interpolation
Mining factors
or
assumptions

Assumptions made regarding possible mining
methods, minimum mining dimensions and
internal (or, if applicable, external) mining
dilution. It is always necessary as part of the
process of determining reasonable prospects for
eventual economic extraction to consider
potential mining methods, but the assumptions
made regarding mining methods and
parameters when estimating Mineral Resources
may not always be rigorous. Where this is the
case, this should be reported with an
explanation of the basis of the mining
assumptions made.

Mining method is assumed to be wet, utilising
dredge based extraction. The deposits are planned
to be mined from surface with no minimum
dimensions laterally, but with a minimum of 2.5m
of depth for the dredging pond.

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Criteria JORC Code explanation Commentary
Metallurgical
factors or
assumptions

The basis for assumptions or predictions
regarding metallurgical amenability. It is always
necessary as part of the process of determining
reasonable prospects for eventual economic
extraction to consider potential metallurgical
methods, but the assumptions regarding
metallurgical treatment processes and
parameters made when reporting Mineral
Resources may not always be rigorous. Where
this is the case, this should be reported with an
explanation of the basis of the metallurgical
assumptions made.

Metallurgical assumptions were used based on
mineral assemblage composites and metallurgical
testwork carried out on larger representative bulks
samples which were processed at the IHC Mining
Queensland metallurgical test facility.
Environmental
factors or
assumptions

Assumptions made regarding possible waste
and process residue disposal options. It is
always necessary as part of the process of
determining reasonable prospects for eventual
economic extraction to consider the potential
environmental impacts of the mining and
processing operation. While at this stage the
determination of potential environmental
impacts, particularly for a greenfields project,
may not always be well advanced, the status of
early consideration of these potential
environmental impacts should be reported.
Where these aspects have not been considered
this should be reported with an explanation of
the environmental assumptions made.

No assumptions have been made regarding
possible waste and process residue however
disposal of products such as SLIMES, sand and
oversize are normally part of capture and disposal
back into the mining void for eventual rehabilitation
upon completion of the dredge mining corridor.

Water management is very important for the project
area and the proposed mining method of dredging
will have the most minimalistic impact on the water
table.
Bulk density
Whether assumed or determined. If assumed,
the basis for the assumptions. If determined, the
method used, whether wet or dry, the frequency
of the measurements, the nature, size and
representativeness of the samples.

The bulk density for bulk material must have
been measured by methods that adequately
account for void spaces (vugs, porosity, etc),
moisture and differences between rock and
alteration zones within the deposit.

Discuss assumptions for bulk density estimates
used in the evaluation process of the different
materials.

The bulk density used for the South Atlantic HMS
project is based on a simple value which
approximates the bulk density of quartz sand,
which is 1.6 gcm-3 using a standard packing factor.

IHC Mining from experience of working with these
styles of ore bodies considers that this algorithm is
a fair approximation of the in situ dry bulk density
Classification
The basis for the classification of the Mineral
Resources into varying confidence categories.

Whether appropriate account has been taken of
all relevant factors (ie relative confidence in
tonnage/grade estimations, reliability of input
data, confidence in continuity of geology and
metal values, quality, quantity and distribution of
the data).

Whether the result appropriately reflects the
Competent Person’s view of the deposit.

The resource classification for the South Atlantic
HMS project Retiro and Bujuru deposits were based
on the following criteria: drill hole spacing and the
distribution and influence of mineral assemblage
composites

The classification of the Indicated, and Inferred
Mineral Resources was supported by the
uncomplicated geology, continuity of
mineralisation, confidence in the drill hole data and
all of the supporting criteria as noted above

As a Competent Person, IHC Mining Geological
Services Manager Greg Jones considers that the
result appropriately reflects a reasonable view of
the deposit categorisation
Audits or
reviews

The results of any audits or reviews of Mineral
Resource estimates.

No audit or review undertaken at this stage of the
project.
Discussion of
relative

Where appropriate a statement of the relative
accuracy and confidence level in the Mineral
Resource estimate using an approach or
procedure deemed appropriate by the

No statistical or geo-statistical review of the
accuracy of the resource estimate has been
undertaken

Variography was undertaken to determine the drill

23

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Criteria JORC Code explanation Commentary
accuracy/
confidence
Competent Person. For example, the application
of statistical or geostatistical procedures to
quantify the relative accuracy of the resource
within stated confidence limits, or, if such an
approach is not deemed appropriate, a
qualitative discussion of the factors that could
affect the relative accuracy and confidence of
the estimate.

The statement should specify whether it relates
to global or local estimates, and, if local, state
the relevant tonnages, which should be relevant
to technical and economic evaluation.
Documentation should include assumptions
made and the procedures used.

These statements of relative accuracy and
confidence of the estimate should be compared
with production data, where available.
hole support of the selected JORC classification

Validation of the model vs drill hole grades by direct
observation and comparison of the results on
screen, swathe plot and population distribution
analysis was favourable

The resource statement is a global estimate for the
entire known extent of the South Atlantic HMS
project defined for each the Retiro and Bujuru
deposits within the Exploration Permit

There has been no production to date

24

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APPENDIX 2: DRILL HOLE COMPOSITE INFORMATION – RETIRO DEPOSIT

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
RET101 400585 6461313 -1.7 4 5 1 1 2.8
RET102 400670 6461132 0.9 2 6 4 1 2.2
RET103 400712 6461041 1 1 6 5 1 3.2
RET104 400754 6460951 0.6 3 7 4 1 3.5
RET105 400797 6460860 1.8 0 7 7 1 2.8
RET106 400839 6460769 0.9 2 7 5 1 3.2
RET107 400881 6460679 1.3 0 7 7 1 3.3
RET108 400923 6460588 1.2 2 8 6 1 2.9
RET109 400966 6460498 2.5 0 8 8 1 3.1
RET110 401008 6460407 0.9 1 7 6 1 3.2
RET111 401050 6460316 2.2 0 7 7 1 3.2
RET112 401093 6460226 -0.4 2 7 5 1 2.5
RET113 401135 6460135 0.8 0 6 6 1 3.1
RET114 401177 6460044 1.3 0 5 5 1 3.1
RET115 401219 6459954 1.5 0 4 4 1 2.8
RET116 401262 6459863 0.4 0 5 5 1 3.1
RET118 401530 6461645 1.1 1 8 7 1 2.5
RET119 401572 6461555 2.8 0 8 8 1 2.5
RET120 401614 6461464 2.9 0 8 8 1 3
RET121 401657 6461373 3.8 0 8 8 1 3.8
RET122 401699 6461283 3.5 0 8 8 1 3.2
RET123 401741 6461192 4.7 0 8 8 1 4.2
RET124 401784 6461102 4.9 0 8 8 1 3.2
RET125 401826 6461011 4.7 0 8 8 1 3.3
RET126 401868 6460920 5.5 0 8 8 1 3.5
RET127 401910 6460830 4.1 0 7 7 1 3.8
RET128 401953 6460739 3.9 0 7 7 1 3.8
RET129 401995 6460648 4 0 7 7 1 3.4
RET130 402037 6460558 4.3 0 7 7 1 2.7
RET131 402079 6460467 4.6 0 7 7 1 3
RET132 402122 6460377 5.5 0 6 6 1 2.1
RET133 402164 6460286 5.3 0 6 6 1 2
RET134 402206 6460195 4.3 2 6 4 1 2.5
RET135 402461 6462019 4.3 0 1 1 1 1.3
RET135 402461 6462019 0.3 2 7 5 1 2.7
RET136 402483 6461973 0.8 2 7 5 1 2.1
RET137 402525 6461883 3.2 0 7 7 1 2.6
RET138 402567 6461792 3.3 0 7 7 1 4.1
RET139 402609 6461702 3.5 0 7 7 1 5.5
RET140 402652 6461611 4.1 0 6 6 1 4.6
RET141 402694 6461520 3.7 0 7 7 1 6.4
RET142 402736 6461430 3.5 0 7 7 1 4.7
RET143 402778 6461339 3.4 0 7 7 1 5.4
RET144 402821 6461248 3.8 0 6 6 1 5.5
RET145 402863 6461158 3.9 0 6 6 1 5.9
RET146 402905 6461067 4.3 0 5 5 1 4.7
RET147 402947 6460977 4.4 0 5 5 1 4.8
RET148 402990 6460886 4.9 0 4 4 1 3.3
RET149 403032 6460795 5.2 0 4 4 1 2.8
RET150 403072 6460704 4.9 0 5 5 1 2.1
RET151 403113 6460627 4.9 0 5 5 1 2
RET152 403154 6460523 3.7 3 5 2 1 2.3
RET154 403289 6462019 6 0 1 1 1 1.4
RET154 403289 6462019 2 2 7 5 1 1.7
RET155 403331 6461928 3.3 0 7 7 1 4.3
RET156 403374 6461837 3.5 0 6 6 1 5.6
RET157 403400 6461759 3.4 0 6 6 1 5.3
RET158 403442 6461668 3.3 0 6 6 1 7.1
RET159 403485 6461577 3 0 6 6 1 6.4
RET160 403527 6461487 2.1 0 6 6 1 7.7
RET161 403569 6461396 2.5 0 7 7 1 7.1
RET162 403611 6461306 2.7 0 7 7 1 5.7
RET163 403654 6461215 2.9 0 7 7 1 5.9
RET164 403696 6461124 3 0 7 7 1 6.3
RET165 403738 6461034 3.9 0 7 7 1 5.1

25

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HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
RET166 403780 6460943 3.9 0 7 7 1 4.4
RET167 403823 6460852 3.8 1 7 6 1 3.2
RET168 403865 6460762 3.6 2 7 5 1 1.8
RET169 403874 6462526 0 0 5 5 1 2.9
RET170 403916 6462436 6.1 0 2 2 1 1.1
RET170 403916 6462436 1.1 3 9 6 1 2.5
RET171 403958 6462345 3.2 0 5 5 1 1.3
RET171 403958 6462345 -0.8 6 7 1 1 1.8
RET172 404001 6462254 5.7 0 3 3 1 1.1
RET172 404001 6462254 1.2 4 8 4 1 2.1
RET173 404043 6462164 3.4 0 8 8 1 2.4
RET174 404085 6462073 3.2 0 7 7 1 3.5
RET175 404127 6461982 3.2 0 7 7 1 4.1
RET176 404170 6461892 3.4 0 7 7 1 4
RET177 404212 6461801 3.4 0 7 7 1 5.2
RET178 404254 6461711 3.9 0 6 6 1 4.5
RET179 404297 6461620 3.6 0 7 7 1 5.2
RET180 404339 6461529 3.5 0 7 7 1 5
RET181 404381 6461439 3.7 0 7 7 1 4.7
RET182 404423 6461348 4.3 0 6 6 1 4.7
RET183 404466 6461257 3.5 1 7 6 1 5
RET184 404508 6461167 4.2 1 7 6 1 4.1
RET185 404550 6461076 3.4 2 7 5 1 3.2
RET186 404592 6460986 2.8 3 7 4 1 1.5
RET189 404994 6462942 1.7 0 8 8 1 2.3
RET190 405036 6462851 2.3 0 8 8 1 2.3
RET191 405079 6462761 1.8 0 8 8 1 2.6
RET192 405121 6462670 1.9 0 8 8 1 2.7
RET193 405163 6462579 2.1 0 8 8 1 3.1
RET194 405205 6462489 2.1 0 8 8 1 2.8
RET195 405248 6462398 2.2 0 8 8 1 3.1
RET196 405290 6462307 2.2 0 8 8 1 2.8
RET197 405332 6462217 2.4 0 8 8 1 3.3
RET198 405374 6462126 4.1 0 8 8 1 3.6
RET199 405417 6462036 3.5 0 7 7 1 2.9
RET200 405459 6461945 3.5 0 7 7 1 3.3
RET201 405501 6461854 3.5 0 7 7 1 3.8
RET202 405544 6461764 3.1 1 8 7 1 3
RET203 405586 6461673 3.6 1 8 7 1 2.9
RET204 405628 6461582 3.3 2 9 7 1 2.8
RET205 405672 6461471 3.8 4 10 6 1 3
RET206 405713 6461401 3.9 2 8 6 1 1.3
RET208 405985 6463628 4.1 0 1 1 1 1.7
RET208 405985 6463628 0.6 3 5 2 1 1.6
RET209 406027 6463538 4.2 0 1 1 1 1.2
RET209 406027 6463538 1.2 2 5 3 1 1.7
RET210 406042 6463506 2.3 0 5 5 1 1.8
RET211 406112 6463357 1.7 0 6 6 1 2.4
RET212 406129 6463319 2.3 0 6 6 1 2.3
RET213 406196 6463175 5.1 0 7 7 1 2.8
RET214 406239 6463085 2.3 1 9 8 1 2.1
RET215 406281 6462994 3.4 0 8 8 1 2.6
RET216 406323 6462903 2.8 0 9 9 1 2.1
RET217 406366 6462813 3 0 9 9 1 2.3
RET218 406408 6462722 4.4 0 7 7 1 2.7
RET219 406450 6462632 4 1 7 6 1 2.7
RET219 406450 6462632 -1 8 10 2 1 1.5
RET220 406492 6462541 3.1 2 9 7 1 2.4
RET221 406535 6462450 4.2 1 15 14 1 2.4
RET222 406577 6462360 3.1 1 10 9 1 2.3
RET223 406622 6462266 2.9 1 9 8 1 2.4
RET224 406661 6462179 3.3 1 10 9 1 2.1
RET225 406704 6462089 3.6 1 10 9 1 2
RET226 406746 6461999 7 2 3 1 1 1.1
RET226 406746 6461999 2 4 11 7 1 2.2
RET227 406788 6461909 2.6 2 12 10 1 2.4
RET228 406830 6461819 6.9 1 5 4 1 1.5

26

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HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
RET228 406830 6461819 1.4 8 9 1 1 1.3
RET232 407000 6463343 6.3 1 2 1 1 1.7
RET233 407042 6463253 6.6 1 2 1 1 3.1
RET234 407084 6463162 6.2 1 3 2 1 2.4
RET235 407127 6463072 5.8 1 4 3 1 2.5
RET236 407169 6462981 6 0 5 5 1 2.7
RET237 407211 6462890 5 0 7 7 1 3.1
RET238 407254 6462800 4.7 0 8 8 1 2.6
RET239 407296 6462709 3.7 0 9 9 1 2.7
RET240 407338 6462618 5.8 0 6 6 1 3.3
RET240 407338 6462618 0.8 7 9 2 1 2.8
RET241 407380 6462528 5.6 0 6 6 1 2.7
RET242 407426 6462438 8.4 0 1 1 1 1.1
RET242 407426 6462438 3.4 2 9 7 1 2.6
RET243 407465 6462347 2.9 1 10 9 1 2.8
RET244 407507 6462256 2.8 1 11 10 1 2.4
RET245 407549 6462165 5.9 0 6 6 1 1.4
RET245 407549 6462165 -0.1 8 10 2 1 2.8
RET246 407592 6462075 5.3 1 6 5 1 1.5
RET246 407592 6462075 -0.7 9 10 1 1 1.3
RET249 407671 6463767 4.9 0 6 6 1 2.4
RET250 407715 6463678 4.5 1 5 4 1 3.9
RET251 407759 6463588 5.7 0 4 4 1 2.4
RET252 407803 6463498 4.3 1 7 6 1 3.1
RET253 407847 6463408 3.3 1 9 8 1 3.2
RET254 407890 6463318 3.9 0 9 9 1 2.7
RET255 407934 6463228 4.1 1 8 7 1 3.5
RET256 407978 6463139 4.2 0 9 9 1 3.2
RET257 408020 6463052 4.5 0 8 8 1 3.2
RET258 408066 6462959 4.6 0 9 9 1 2.9
RET259 408110 6462869 6.6 0 6 6 1 3.3
RET259 408110 6462869 1.1 7 10 3 1 2.1
RET260 408151 6462778 4 0 9 9 1 2.3
RET261 408194 6462688 3.8 1 8 7 1 2.4
RET262 408234 6462596 4 1 8 7 1 2.2
RET263 408277 6462506 4.1 3 9 6 1 1.7
RET264 408361 6462324 5.3 4 7 3 1 2.1
RET267 408671 6464033 5.3 0 3 3 1 1.1
RET268 408713 6463942 2.7 1 8 7 1 3.3
RET269 408755 6463851 2.9 0 9 9 1 3.3
RET270 408797 6463761 3.5 0 9 9 1 4.1
RET271 408840 6463670 3.3 1 9 8 1 4.6
RET272 408882 6463579 3 0 11 11 1 4
RET273 408924 6463489 3.1 0 11 11 1 3.8
RET274 408967 6463398 4.5 1 9 8 1 4
RET275 409009 6463308 4.1 1 9 8 1 3.5
RET276 409051 6463217 4.8 1 9 8 1 3.5
RET276 409051 6463217 -0.7 10 11 1 1 1.2
RET277 409093 6463126 4.7 1 9 8 1 2.9
RET278 409136 6463036 3.7 0 11 11 1 2.1
RET279 409178 6462945 3.8 2 10 8 1 2.4
RET280 409220 6462854 4.8 2 7 5 1 3
RET280 409220 6462854 -0.7 8 12 4 1 2.1
RET281 409262 6462764 3.9 4 7 3 1 2.3
RET284 409575 6464465 1.4 1 5 4 1 1.1
RET285 409660 6464284 2.3 1 5 4 1 1.6
RET286 409702 6464193 2.6 1 6 5 1 3.1
RET287 409744 6464103 3.2 0 7 7 1 4.4
RET288 409787 6464012 4.2 0 7 7 1 4.2
RET289 409829 6463921 3.8 1 8 7 1 4.9
RET290 409871 6463831 5.1 1 6 5 1 5.4
RET290 409871 6463831 1.6 7 9 2 1 2.6
RET291 409913 6463740 4 1 8 7 1 4.1
RET292 409956 6463650 4.5 0 8 8 1 4.5
RET293 409998 6463559 4.6 0 8 8 1 4
RET294 410040 6463468 4.6 0 8 8 1 3.4
RET295 410082 6463378 4.7 1 7 6 1 3.6

27

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HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
RET296 410125 6463287 4.2 2 7 5 1 3
RET297 410174 6463220 6.7 4 6 2 1 4.2
RET300 410693 6464416 3.2 2 6 4 1 3.2
RET301 410735 6464325 3.2 1 8 7 1 4
RET302 410777 6464235 4.3 0 7 7 1 4.7
RET303 410820 6464144 4.3 0 7 7 1 5.3
RET304 410862 6464102 4.6 0 7 7 1 5.9
RET305 410904 6464011 4.3 0 7 7 1 5.5
RET306 410947 6463921 4.4 0 7 7 1 5.3
RET307 410989 6463830 4.1 1 8 7 1 4.6
RET308 411031 6463739 4.3 1 8 7 1 3.6
RET309 411073 6463649 3.6 3 8 5 1 6
RET311 411558 6464930 1.8 3 4 1 1 1.4
RET312 411600 6464839 5.2 0 1 1 1 1.1
RET312 411600 6464839 1.2 2 7 5 1 2
RET313 411642 6464748 2.5 1 7 6 1 3
RET314 411701 6464633 2.6 0 7 7 1 4.4
RET315 411727 6464567 3.8 0 7 7 1 4.5
RET316 411769 6464476 3.1 0 9 9 1 4.5
RET317 411812 6464386 3.6 0 9 9 1 5.2
RET318 411854 6464305 3.1 1 9 8 1 4.9
RET319 411896 6464205 3.6 1 8 7 1 5.8
RET320 411938 6464114 3.5 1 9 8 1 5
RET321 411981 6464023 3.2 2 9 7 1 3.7
RET322 412023 6463933 2.1 5 9 4 1 1.4
RET322 412023 6463933 -1.4 10 11 1 1 1.2
RET324 412504 6465260 1.9 4 7 3 1 1.6
RET325 412546 6465170 2.3 3 8 5 1 1.9
RET326 412589 6465079 3.1 3 6 3 1 2.6
RET326 412589 6465079 -0.4 7 9 2 1 2.1
RET327 412631 6464988 3.9 0 7 7 1 2.8
RET328 412673 6464898 3.7 1 8 7 1 5.1
RET329 412715 6464807 4.3 1 8 7 1 5.7
RET330 412758 6464716 4.4 1 8 7 1 5.5
RET331 412800 6464626 3.8 2 8 6 1 6.1
RET332 412842 6464535 4.3 2 9 7 1 5.6
RET333 412884 6464445 4.7 3 9 6 1 6.1
RET334 412927 6464354 5.2 4 6 2 1 5.4
RET336 413453 6465593 3.5 3 4 1 1 1.5
RET336 413453 6465593 0.5 5 8 3 1 2.2
RET337 413497 6465503 3.6 3 7 4 1 2.3
RET338 413540 6465412 3.8 3 7 4 1 4.9
RET339 413582 6465322 4 3 8 5 1 4.5
RET340 413624 6465231 4.7 2 8 6 1 5.7
RET341 413667 6465140 5.3 2 8 6 1 7.1
RET342 413709 6465050 5 2 9 7 1 6.8
RET343 413751 6464959 3.8 3 10 7 1 5.9
RET344 413793 6464869 4.4 3 9 6 1 7.1
RET345 413835 6464778 3.5 4 10 6 1 5.5
RET346 413878 6464688 3.4 4 10 6 1 9
RET347 414338 6466006 7 1 4 3 1 1.1
RET347 414338 6466006 2 7 8 1 1 1.9
RET348 414380 6465915 7.1 2 3 1 1 1.1
RET348 414380 6465915 3.1 4 9 5 1 2.5
RET349 414422 6465825 3.8 3 9 6 1 3.6
RET350 414464 6465734 3.2 4 10 6 1 3.5
RET351 414507 6465644 3 4 11 7 1 5.8
RET352 414549 6465553 3.5 3 11 8 1 6.4
RET353 414591 6465462 8.1 2 3 1 1 1.1
RET353 414591 6465462 3.1 4 11 7 1 7
RET354 414633 6465372 3.6 3 11 8 1 6.3
RET355 414676 6465281 3.7 3 10 7 1 6.8
RET356 414718 6465190 3.7 1 10 9 1 4.3
RET357 414760 6465100 4.1 2 11 9 1 4.1
RET358 415248 6466418 5.8 2 5 3 1 1.2
RET358 415248 6466418 0.8 8 9 1 1 1.3
RET359 415293 6466327 6.4 2 4 2 1 1.2

28

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HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
RET359 415293 6466327 1.4 7 9 2 1 1.3
RET360 415332 6466237 7 2 3 1 1 1.3
RET360 415332 6466237 3.5 4 8 4 1 2.5
RET361 415375 6466146 4.4 2 9 7 1 4.6
RET362 415417 6466056 7.5 2 3 1 1 1.1
RET362 415417 6466056 3.5 4 9 5 1 7.5
RET363 415459 6465965 4.5 3 9 6 1 5.8
RET364 415502 6465874 5 2 10 8 1 4.6
RET365 415544 6465784 7.5 2 3 1 1 1
RET365 415544 6465784 3 4 10 6 1 6.9
RET366 415586 6465693 4.3 2 10 8 1 5.8
RET367 415628 6465602 4.8 2 10 8 1 4.6
RET368 415671 6465512 5 1 11 10 1 3.7
RET372 416236 6466768 5.9 2 4 2 1 1.7
RET373 416279 6466677 6.8 2 3 1 1 1.2
RET373 416279 6466677 1.8 7 8 1 1 1.2
RET374 416321 6466587 4.5 1 9 8 1 1.6
RET375 416363 6466496 4.4 1 10 9 1 2
RET376 416406 6466405 6.8 3 4 1 1 1.5
RET376 416406 6466405 2.8 5 10 5 1 4.7
RET377 416448 6466315 4.1 2 10 8 1 5.3
RET378 416490 6466224 3.8 2 10 8 1 3.9
RET379 416532 6466133 9.6 0 1 1 1 2.3
RET379 416532 6466133 7.6 2 3 1 1 1.5
RET379 416532 6466133 2.1 5 11 6 1 3.9
RET380 416575 6466043 7.6 1 3 2 1 1.6
RET380 416575 6466043 3.1 4 9 5 1 4.6
RET382 417135 6467304 6.6 1 6 5 1 1.4
RET383 417177 6467213 5.5 1 7 6 1 1.2
RET383 417177 6467213 1 8 9 1 1 1.9
RET384 417219 6467122 7.2 1 3 2 1 1.3
RET384 417219 6467122 0.7 8 9 1 1 1.1
RET385 417261 6467032 9.4 0 1 1 1 2.4
RET385 417261 6467032 1.9 6 10 4 1 2.3
RET386 417304 6466941 6.9 1 4 3 1 2
RET386 417304 6466941 1.9 5 10 5 1 2.9
RET387 417346 6466850 3.8 1 10 9 1 5.5
RET388 417388 6466760 7.1 1 3 2 1 1.3
RET388 417388 6466760 2.1 4 10 6 1 7.7
RET389 417431 6466669 3 2 11 9 1 5.1
RET390 417473 6466579 3.8 1 11 10 1 4.6
RET391 417515 6466488 4.8 1 7 6 1 1.4
RET392 417557 6466397 3.3 3 6 3 1 2.7
RET394 418087 6467637 7.7 1 2 1 1 1.1
RET394 418087 6467637 2.2 5 9 4 1 1.4
RET395 418129 6467547 5.3 1 10 9 1 1.4
RET396 418171 6467456 7.7 2 3 1 1 1
RET397 418213 6467365 7.3 2 4 2 1 1.1
RET397 418213 6467365 2.3 6 10 4 1 4
RET398 418256 6467275 4 1 10 9 1 3.5
RET399 418298 6467184 4.1 1 9 8 1 5.1
RET400 418340 6467094 3.1 2 10 8 1 6.2
RET401 418383 6467003 3.7 1 8 7 1 4.2
RET402 418425 6467912 6.9 1 3 2 1 1.1
RET402 418425 6467912 2.4 6 7 1 1 1.5
RET403 418467 6467822 6 2 4 2 1 1.1
RET406 418771 6468512 5.5 2 4 2 1 1.1
RET406 418771 6468512 2.5 5 7 2 1 1.1
RET407 418855 6468332 4.6 2 6 4 1 1.3
RET407 418855 6468332 1.1 7 8 1 1 1.2
RET408 418940 6468151 4.6 1 8 7 1 1.3
RET409 419024 6467969 3.8 4 7 3 1 1.2
RET409 419024 6467969 0.8 8 9 1 1 1.2
RET410 419066 6467879 4.7 3 5 2 1 1.3
RET410 419066 6467879 0.7 7 9 2 1 1.1
RET411 419109 6467788 6.1 2 4 2 1 1.4
RET411 419109 6467788 1.1 7 9 2 1 1.3

29

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HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
RET412 419151 6467698 4.1 1 7 6 1 4.9
RET413 419193 6467607 4.4 1 6 5 1 4.8
RET414 419235 6467517 4 2 5 3 1 4.4
RET415 419278 6467426 4.1 2 4 2 1 1.3
RET417 419841 6468576 4.5 1 7 6 1 2
RET418 419883 6468486 5.6 2 3 1 1 1.7
RET419 419925 6468395 6 1 3 2 1 1.2
RET419 419925 6468395 1 6 8 2 1 1.5
RET420 419968 6468305 4.1 1 6 5 1 6.5
RET421 420010 6468214 4.5 0 6 6 1 5
RET422 420052 6468123 5 0 4 4 1 4.1
RET423 420094 6468033 4.5 1 3 2 1 1.2
RET427 420478 6469545 3.9 1 5 4 1 1.6
RET428 420520 6469454 2.3 2 7 5 1 2.1
RET429 420562 6469364 2.9 1 7 6 1 3.1
RET430 420604 6469273 2.8 1 7 6 1 3
RET431 420647 6469183 3 1 7 6 1 2.4
RET432 420689 6469092 3.6 1 7 6 1 2.8
RET433 420731 6469001 2.8 1 7 6 1 3.3
RET434 420773 6468911 3.4 1 6 5 1 5.3
RET435 420816 6468820 2.5 1 7 6 1 4.9
RET436 420858 6468730 3.6 0 6 6 1 4.4
RET437 420900 6468639 3.4 0 5 5 1 3.7
RET438 420942 6468548 3.2 1 4 3 1 1.7
RET439 420985 6468458 4.1 1 3 2 1 1.8
RET441 421429 6469890 3.9 1 5 4 1 1.9
RET442 421472 6469799 3.3 1 6 5 1 2.8
RET443 421514 6469708 4.1 1 4 3 1 2.5
RET444 421556 6469618 4 0 5 5 1 2.8
RET445 421598 6469527 2.5 1 6 5 1 3
RET446 421641 6469437 3.4 0 5 5 1 3.3
RET447 421683 6469346 2.2 1 6 5 1 4.1
RET448 421725 6469255 2.4 1 5 4 1 3.8
RET449 421767 6469165 2.9 1 4 3 1 3.9
RET450 421810 6469074 4.3 0 3 3 1 3.2
RET454 422304 6470421 3.4 1 4 3 1 1.6
RET455 422389 6470240 4.3 1 2 1 1 1.3
RET455 422389 6470240 1.8 3 5 2 1 2.3
RET456 422474 6470058 2.2 2 5 3 1 2.6
RET457 422516 6469968 3 0 5 5 1 2.7
RET458 422558 6469877 2.2 1 5 4 1 3
RET459 422600 6469786 3 0 4 4 1 1.8
RET460 422643 6469696 3.7 0 3 3 1 2.5
RET461 422685 6469605 3.5 0 3 3 1 2.9
RET462 422734 6469514 3.2 0 2 2 1 2
RET463 422948 6471350 1.5 2 4 2 1 2
RET464 422990 6471280 2.2 0 4 4 1 1.7
RET465 423032 6471189 1.8 1 4 3 1 2.4
RET466 423075 6471099 2.4 0 4 4 1 1.6
RET467 423117 6471008 2.2 1 4 3 1 2.2
RET468 423159 6470917 2.2 1 5 4 1 1.6
RET469 423202 6470827 1.9 2 5 3 1 2
RET470 423244 6470736 2.1 1 5 4 1 2.1
RET471 423286 6470645 3.1 0 4 4 1 2
RET472 423328 6470555 2.8 0 4 4 1 3.3
RET473 423371 6470464 2 0 4 4 1 2.9
RET474 423413 6470374 2.5 0 4 4 1 1.8
RET475 423455 6470283 3.1 1 4 3 1 2
RET476 423497 6470192 2.8 1 3 2 1 4
RET477 423540 6470102 2 1 3 2 1 2.1
RET478 423709 6472130 1.7 1 3 2 1 1.7
RET479 423751 6472039 2.1 0 4 4 1 1.7
RET480 423793 6471948 1.7 0 5 5 1 2.2
RET481 423836 6471858 1.4 1 5 4 1 2.3
RET482 423878 6471767 2.2 0 5 5 1 2.3
RET483 423920 6471677 2.4 0 5 5 1 2.2
RET484 423962 6471586 2.2 0 5 5 1 2.5

30

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
RET485 424005 6471495 2.4 0 4 4 1 2.4
RET486 424047 6471405 2.4 0 4 4 1 2.3
RET487 424089 6471314 2.7 0 5 5 1 2.3
RET488 424131 6471224 1.6 1 6 5 1 3.1
RET489 424174 6471133 2 1 5 4 1 4
RET490 424216 6471043 2.6 1 5 4 1 2.7
RET491 424258 6470952 3.4 0 4 4 1 3.9
RET492 424300 6470861 3.4 1 4 3 1 3.3
RET493 424343 6470771 0.5 2 5 3 1 3.2
RET494 424385 6470680 0.5 2 4 2 1 2.5
RET495 424692 6472444 2.4 0 3 3 1 1.9
RET496 424734 6472354 1.8 1 3 2 1 2.8
RET497 424777 6472263 1.6 1 4 3 1 2.5
RET498 424819 6472172 2.1 0 4 4 1 2.6
RET499 424861 6472082 2 0 4 4 1 2.6
RET500 424907 6471991 2.1 0 4 4 1 3
RET501 424946 6471901 2.9 0 3 3 1 2.3
RET502 424988 6471810 1.6 1 4 3 1 2
RET503 425030 6471719 2 0 4 4 1 2.2
RET504 425072 6471629 2.4 0 4 4 1 2.2
RET505 425115 6471538 4.2 0 3 3 1 6.8
RET506 425157 6471447 3.7 0 3 3 1 3.9
RET507 425199 6471357 2.9 0 3 3 1 2.5
RET508 425228 6471250 1.6 1 4 3 1 2.2
RET509 425414 6473136 1.4 0 3 3 1 2.5
RET510 425457 6473045 1.6 0 3 3 1 1.6
RET511 425499 6472955 1.3 1 3 2 1 2.1
RET512 425539 6472864 1 1 3 2 1 1.8
RET513 425529 6472773 1.9 0 3 3 1 1.8
RET514 425625 6472683 1.4 0 3 3 1 2.4
RET515 425668 6472593 4.4 0 1 1 1 3
RET515 425668 6472593 2.4 2 3 1 1 2.5
RET516 425710 6472502 3.7 1 3 2 1 2.4
RET517 425752 6472411 2.7 0 4 4 1 1.9
RET518 425795 6472321 3.2 0 3 3 1 1.9
RET519 425838 6472231 2.5 0 3 3 1 2.6
RET520 425880 6472140 3.7 0 3 3 1 1.9
RET521 425917 6472049 3.2 1 4 3 1 1.6
RET522 425965 6471959 2.4 0 3 3 1 1.8
RET523 426007 6471869 1.9 1 4 3 1 3.1
RET524 426049 6471778 0.8 2 4 2 1 3.6
RET525 426092 6471687 -1 2 3 1 1 2.5
RET526 426303 6473647 2.1 0 2 2 1 2.6
RET527 426345 6473556 1.8 0 2 2 1 3.9
RET528 426388 6473465 1.8 0 3 3 1 3
RET529 426430 6473375 2.2 0 3 3 1 2.9
RET530 426472 6473284 2.9 0 3 3 1 2.7
RET531 426514 6473193 5.2 0 3 3 1 2.7
RET532 426557 6473103 4.8 0 3 3 1 2.8
RET533 426599 6473012 5 0 2 2 1 3.1
RET534 426641 6472922 3.8 0 2 2 1 3.3
RET535 426683 6472831 3 0 3 3 1 3.1
RET536 426726 6472740 2.9 0 2 2 1 4.2
RET537 426768 6472650 3.1 0 2 2 1 3
RET538 426810 6472559 5.3 0 2 2 1 2.4
RET539 427097 6474283 1.9 0 2 2 1 2.7
RET540 427127 6474188 2.1 0 3 3 1 3.5
RET541 427156 6474092 2.5 0 4 4 1 3.2
RET542 427183 6473996 3.4 0 3 3 1 3.2
RET543 427211 6473896 4.1 0 1 1 1 3
RET543 427211 6473896 2.1 2 3 1 1 2.6
RET544 427241 6473804 3 0 3 3 1 2.5
RET545 427270 6473709 2.8 0 4 4 1 3.4
RET546 427304 6473615 4.2 0 4 4 1 3.6
RET547 427347 6473524 3.6 0 3 3 1 5.1
RET548 427388 6473433 3 0 4 4 1 4.3
RET549 427431 6473343 2.3 0 4 4 1 4.5

31

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
RET550 427473 6473252 2 0 3 3 1 4.4
RET551 427519 6473164 2 0 4 4 1 2.8
RET552 427558 6473072 1.8 0 4 4 1 2.8
RET553 427600 6472981 2.7 0 4 4 1 3.5
RET554 427642 6472891 2.3 0 3 3 1 4.9
RET555 427685 6472800 1 0 4 4 1 2.2
RET556 428107 6474833 1.4 0 3 3 1 2.1
RET557 428149 6474742 1.4 0 3 3 1 2.6
RET558 428191 6474652 1.3 0 3 3 1 3
RET559 428233 6474561 1.3 0 4 4 1 3.3
RET560 428276 6474470 2.7 0 4 4 1 3.2
RET561 428318 6474380 1.9 0 3 3 1 4.1
RET562 428360 6474289 1.7 0 3 3 1 3.9
RET563 428403 6474198 1.5 0 3 3 1 3.4
RET564 428445 6474108 1 0 3 3 1 3.7
RET565 428487 6474017 0.8 0 3 3 1 3.4
RET566 428529 6473927 0.3 0 4 4 1 4.5
RET567 428572 6473836 0.7 1 4 3 1 4.4
RET568 428614 6473745 2.9 0 4 4 1 2.7
RET569 428656 6473655 2.6 0 4 4 1 2.7
RET570 428698 6473564 1.7 0 4 4 1 3.3
RET571 428741 6473473 0.1 0 3 3 1 3
RTAC0077 404969 6461372 3.8 1 7 6 1 2.9
RTAC0085 405247 6461722 3.5 0 7 7 1 3.6
RTAC0086 405332 6461541 3.5 2 8 6 1 2.7
RTAC0087 405416 6461360 3.1 3 8 5 1 1.5
RTAC0094 405616 6462115 2.5 0 9 9 1 2.8
RTAC0095 405700 6461933 1.5 2 9 7 1 3.3
RTAC0096 405785 6461752 3.6 1 9 8 1 2.3
RTAC0097 405869 6461571 2.6 3 9 6 1 3.6
RTAC0102 405803 6462423 3 0 8 8 1 2.3
RTAC0103 405888 6462241 3 0 8 8 1 2.8
RTAC0104 405972 6462060 3.1 2 8 6 1 3.2
RTAC0105 406057 6461879 3.3 2 9 7 1 2.9
RTAC0106 406141 6461698 6.8 2 3 1 1 1.4
RTAC0106 406141 6461698 2.3 4 10 6 1 2.4
RTAC0109 405997 6462954 3.7 0 6 6 1 2
RTAC0109 405997 6462954 -1.3 7 9 2 1 1.3
RTAC0110 406081 6462773 3.6 0 7 7 1 2.1
RTAC0110 406081 6462773 -1.4 8 9 1 1 1.2
RTAC0111 406166 6462592 3.9 0 7 7 1 2.5
RTAC0112 406250 6462410 3.9 0 8 8 1 2.4
RTAC0113 406335 6462229 4 1 8 7 1 2.7
RTAC0114 406419 6462048 4.9 2 6 4 1 2.2
RTAC0115 406504 6461867 3.9 2 9 7 1 2
RTAC0117 406275 6463305 1.8 0 8 8 1 2.5
RTAC0118 406359 6463123 3.5 1 9 8 1 2.1
RTAC0119 406444 6462942 2.7 1 9 8 1 2.4
RTAC0120 406528 6462761 3 1 10 9 1 2.6
RTAC0121 406613 6462580 4 1 8 7 1 2.8
RTAC0122 406697 6462398 3.8 1 9 8 1 2.5
RTAC0123 406782 6462217 4.9 1 8 7 1 2.4
RTAC0123 406782 6462217 -1.6 10 12 2 1 1.9
RTAC0124 406866 6462036 4.7 1 9 8 1 2.1
RTAC0125 406553 6463655 5.3 0 1 1 1 1.2
RTAC0125 406553 6463655 1.3 2 7 5 1 1.4
RTAC0126 406637 6463473 3.6 1 5 4 1 1.9
RTAC0127 406722 6463292 3 1 8 7 1 1.8
RTAC0128 406806 6463111 3.9 0 8 8 1 2
RTAC0129 406891 6462930 3.5 1 9 8 1 2
RTAC0130 406975 6462749 4.1 0 9 9 1 3
RTAC0131 407060 6462567 4.2 1 8 7 1 2.9
RTAC0132 407144 6462386 3.7 1 8 7 1 2.9
RTAC0133 407229 6462205 7.4 0 1 1 1 1.2
RTAC0133 407229 6462205 1.4 2 11 9 1 2.9
RTAC0134 407313 6462024 4.6 2 6 4 1 1.5
RTAC0135 407084 6463461 5.9 1 2 1 1 1

32

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
RTAC0136 407169 6463280 6 1 3 2 1 1.9
RTAC0137 407253 6463099 6.2 1 3 2 1 2.4
RTAC0138 407338 6462918 5 0 6 6 1 2.5
RTAC0139 407422 6462736 4.3 0 8 8 1 2.6
RTAC0140 407507 6462555 4.7 1 7 6 1 2.9
RTAC0141 407591 6462374 3.5 1 9 8 1 2.6
RTAC0142 407676 6462193 4.7 2 6 4 1 1.7
RTAC0143 407447 6463630 6.8 0 2 2 1 1.9
RTAC0144 407531 6463449 6.8 1 3 2 1 2
RTAC0145 407616 6463268 4.2 0 9 9 1 3.3
RTAC0146 407700 6463087 3.9 0 9 9 1 3.3
RTAC0147 407785 6462905 3.9 0 10 10 1 3.4
RTAC0149 407954 6462543 3.2 1 9 8 1 2.1
RTAC0150 408038 6462362 5.5 1 6 5 1 2
RTAC0150 408038 6462362 0.5 8 9 1 1 1.3
RTAC0151 407900 6463842 4.4 1 5 4 1 2.4
RTAC0152 407984 6463661 5.3 1 4 3 1 2.8
RTAC0153 408069 6463479 3.8 0 8 8 1 3.5
RTAC0154 408153 6463298 4.8 0 7 7 1 3.6
RTAC0155 408238 6463117 5.5 0 7 7 1 3.5
RTAC0155 408238 6463117 0.5 8 9 1 1 2.2
RTAC0156 408322 6462935 4.5 0 8 8 1 2.7
RTAC0157 408407 6462754 5.9 0 8 8 1 1.8
RTAC0158 408492 6462573 4.9 2 8 6 1 2.1
RTAC0159 408172 6463969 5.5 1 3 2 1 1.7
RTAC0160 408256 6463787 6.2 0 3 3 1 4.2
RTAC0161 408341 6463606 3.6 0 8 8 1 3.3
RTAC0162 408425 6463425 4.7 0 7 7 1 3.9
RTAC0163 408510 6463244 4.7 0 8 8 1 3.4
RTAC0164 408594 6463062 6 0 8 8 1 3.2
RTAC0165 408679 6462881 6.4 2 8 6 1 2.5
RTAC0166 408763 6462700 5.3 2 7 5 1 2.3
RTAC0168 408522 6463691 5.8 0 6 6 1 4.2
RTAC0169 408607 6463509 4.1 0 8 8 1 3.5
RTAC0170 408691 6463328 4.9 0 8 8 1 3.6
RTAC0172 409706 6464463 1.2 2 4 2 1 1.1
RTAC0173 409791 6464282 2.7 1 5 4 1 1.6
RTAC0174 409875 6464101 3.1 1 7 6 1 3.6
RTAC0175 409960 6463920 4.2 1 7 6 1 5.2
RTAC0176 410044 6463738 4.3 0 8 8 1 4.4
RTAC0177 410129 6463557 7.4 0 2 2 1 1.9
RTAC0177 410129 6463557 2.9 3 8 5 1 3.9
RTAC0178 410214 6463376 4.2 1 8 7 1 3.2
RTAC0179 410298 6463195 3.5 6 7 1 1 1.2
RTAC0180 409888 6464548 1.5 2 4 2 1 1.2
RTAC0181 409972 6464367 2.8 1 5 4 1 1.3
RTAC0182 410057 6464185 3 1 7 6 1 4
RTAC0183 410141 6464004 3.7 1 8 7 1 4.9
RTAC0184 410226 6463823 4.7 0 8 8 1 4.7
RTAC0185 410311 6463642 4.7 0 8 8 1 4.4
RTAC0186 410395 6463460 4.3 1 8 7 1 3.6
RTAC0187 410479 6463279 3.3 5 8 3 1 1.2
RTAC0188 410153 6464451 2.7 1 4 3 1 1.5
RTAC0189 410238 6464270 3.3 1 7 6 1 3.8
RTAC0190 410322 6464089 4.1 1 8 7 1 4.5
RTAC0191 410407 6463907 4.1 1 8 7 1 5.5
RTAC0192 410492 6463726 4.2 1 8 7 1 4.6
RTAC0193 410576 6463545 4.3 2 8 6 1 3.4
RTAC0194 410335 6464536 2.3 2 4 2 1 1.4
RTAC0195 410419 6464355 3.6 1 6 5 1 3.4
RTAC0196 410504 6464173 3.5 1 8 7 1 4.9
RTAC0197 410589 6463992 4.6 0 7 7 1 5.5
RTAC0198 410673 6463811 4.6 0 7 7 1 5.3
RTAC0199 410758 6463630 3.1 3 9 6 1 4
RTAC0200 410842 6463448 2.8 5 8 3 1 3.4
RTAC0202 411048 6464427 3.7 1 7 6 1 4.2
RTAC0203 411132 6464246 4.1 0 7 7 1 5.8

33

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
RTAC0204 411217 6464064 4.2 1 7 6 1 6.4
RTAC0205 411301 6463883 4.2 1 8 7 1 3.6
RTAC0206 411386 6463702 2.9 4 7 3 1 4.3
RTAC0207 411326 6464777 1.7 4 5 1 1 1.2
RTAC0208 411410 6464596 2.8 1 7 6 1 2.7
RTAC0209 411495 6464415 4 0 6 6 1 6.6
RTAC0210 411579 6464233 3 1 9 8 1 5.8
RTAC0211 411664 6464052 4.1 0 8 8 1 4.3
RTAC0212 411748 6463871 3.3 3 8 5 1 9.4
RTAC0214 411954 6464849 4.1 0 6 6 1 2.5
RTAC0215 412038 6464668 3.2 0 8 8 1 3.7
RTAC0216 412123 6464487 4.2 0 8 8 1 4.5
RTAC0217 412207 6464306 3.5 2 9 7 1 5.8
RTAC0218 412292 6464124 3.2 3 9 6 1 4.5
RTAC0219 412049 6465119 5.5 0 1 1 1 1.3
RTAC0220 412135 6464934 3.5 1 6 5 1 3.9
RTAC0221 412220 6464753 4.3 0 6 6 1 4.3
RTAC0222 412305 6464572 3.4 0 9 9 1 4.9
RTAC0223 412389 6464390 4.4 1 9 8 1 5.7
RTAC0224 412473 6464209 3.6 3 9 6 1 4.8
RTAC0225 412239 6465207 1.4 4 5 1 1 1.2
RTAC0226 412316 6465018 3.4 1 6 5 1 3.6
RTAC0226 412316 6465018 -0.6 7 8 1 1 1
RTAC0227 412401 6464837 3.8 0 7 7 1 4
RTAC0228 412486 6464656 4.2 1 8 7 1 4.6
RTAC0229 412570 6464475 3.8 2 9 7 1 5.2
RTAC0230 412654 6464293 3.9 3 9 6 1 4.4
RTAC0232 412860 6465272 4.4 0 6 6 1 2.5
RTAC0233 412945 6465091 3.6 2 8 6 1 4.3
RTAC0234 413029 6464910 4.5 1 8 7 1 6.5
RTAC0235 413114 6464728 4.7 2 8 6 1 7.8
RTAC0236 413198 6464547 3.8 3 9 6 1 6.1
RTAC0237 413223 6465441 3.4 3 6 3 1 1.5
RTAC0237 413223 6465441 -0.6 8 9 1 1 1
RTAC0238 413307 6465260 3.4 2 7 5 1 4
RTAC0239 413392 6465079 4.2 1 8 7 1 6.1
RTAC0240 413476 6464897 4.8 2 8 6 1 6
RTAC0241 413561 6464716 3.5 3 9 6 1 6
RTAC0243 413585 6465610 2.1 6 7 1 1 1
RTAC0244 413670 6465429 3.2 4 8 4 1 3.8
RTAC0245 413754 6465248 4.7 2 8 6 1 4.7
RTAC0246 413839 6465066 4.3 3 9 6 1 8.7
RTAC0247 413923 6464880 7 3 4 1 1 3.7
RTAC0247 413923 6464880 3 5 10 5 1 7.1
RTAC0248 414008 6464704 5.2 5 6 1 1 1.3
RTAC0248 414008 6464704 1.2 8 11 3 1 1.5
RTAC0249 413948 6465779 1.1 6 7 1 1 1.4
RTAC0250 414032 6465598 3.5 2 8 6 1 3.6
RTAC0251 414117 6465417 3.3 2 9 7 1 4.8
RTAC0252 414201 6465235 4.3 2 9 7 1 7.6
RTAC0253 414289 6465057 3.8 3 9 6 1 8.2
RTAC0254 414375 6464874 6.5 4 5 1 1 1.3
RTAC0254 414375 6464874 3 6 10 4 1 1.9
RTAC0255 414310 6465948 7.1 2 3 1 1 1.1
RTAC0255 414310 6465948 2.1 6 9 3 1 1.8
RTAC0256 414391 6465764 5.4 1 8 7 1 3.4
RTAC0257 414479 6465586 4.1 3 9 6 1 5.5
RTAC0258 414571 6465404 8.8 1 2 1 1 2.7
RTAC0258 414571 6465404 3.8 3 10 7 1 7.2
RTAC0259 414648 6465223 4 1 10 9 1 4.9
RTAC0260 414673 6466117 7.2 1 2 1 1 1.1
RTAC0260 414673 6466117 4.2 4 5 1 1 1.2
RTAC0260 414673 6466117 1.7 6 8 2 1 1.4
RTAC0261 414758 6465936 3.8 4 9 5 1 4.4
RTAC0262 414842 6465755 4 2 9 7 1 5
RTAC0263 414926 6465574 4.6 3 10 7 1 6.6
RTAC0264 415011 6465392 5.2 5 11 6 1 7.2

34

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
RTAC0265 415095 6465211 8.4 2 4 2 1 1.3
RTAC0265 415095 6465211 3.4 5 11 6 1 1.7
RTAC0266 415035 6466286 6.7 1 2 1 1 1.1
RTAC0267 415120 6466105 7.2 2 3 1 1 1.1
RTAC0267 415120 6466105 3.2 4 9 5 1 3.1
RTAC0268 415204 6465924 3.4 4 9 5 1 5.2
RTAC0269 415289 6465743 6.6 3 9 6 1 6.3
RTAC0270 415373 6465561 3.3 4 10 6 1 5.7
RTAC0271 415458 6465380 7.1 2 4 2 1 1.8
RTAC0271 415458 6465380 2.1 5 11 6 1 3.9
RTAC0272 415398 6466455 7.6 1 2 1 1 1.1
RTAC0272 415398 6466455 5.6 3 4 1 1 1
RTAC0273 415482 6466274 7.2 2 3 1 1 1.1
RTAC0273 415482 6466274 2.7 5 9 4 1 2.6
RTAC0274 415567 6466093 8.7 1 2 1 1 1.1
RTAC0274 415567 6466093 4.2 3 9 6 1 5.4
RTAC0275 415651 6465912 4.3 4 10 6 1 5.2
RTAC0276 415736 6465730 3.3 4 10 6 1 5.9
RTAC0277 415820 6465549 5.9 2 6 4 1 1.3
RTAC0278 415845 6466443 6.1 2 3 1 1 1.1
RTAC0278 415845 6466443 1.1 6 9 3 1 1.8
RTAC0279 415929 6466262 5.9 1 9 8 1 3.9
RTAC0280 416014 6466081 3.6 3 10 7 1 4.8
RTAC0281 416098 6465899 4.4 2 10 8 1 4.3
RTAC0282 416183 6465718 7.6 1 3 2 1 1.3
RTAC0282 416183 6465718 4.1 5 6 1 1 1.9
RTAC0283 416207 6466612 7.4 1 2 1 1 1.1
RTAC0283 416207 6466612 5.4 3 4 1 1 1.2
RTAC0283 416207 6466612 1.9 6 8 2 1 1.2
RTAC0284 416292 6466431 4.7 1 9 8 1 2.6
RTAC0285 416376 6466250 8.5 1 2 1 1 1
RTAC0285 416376 6466250 3 4 10 6 1 5.5
RTAC0286 416461 6466068 6.9 2 4 2 1 1.6
RTAC0286 416461 6466068 2.4 5 10 5 1 4.4
RTAC0287 416545 6465887 5 2 7 5 1 1.9
RTAC0288 416570 6466781 7.2 1 5 4 1 1.2
RTAC0288 416570 6466781 2.2 7 9 2 1 1.4
RTAC0289 416654 6466600 6.9 2 4 2 1 1.1
RTAC0289 416654 6466600 2.4 5 10 5 1 3.8
RTAC0290 416739 6466419 8 1 3 2 1 1.1
RTAC0290 416739 6466419 3 4 10 6 1 7.3
RTAC0291 416828 6466249 8.1 1 3 2 1 1.6
RTAC0291 416828 6466249 3.1 4 10 6 1 8.2
RTAC0292 416908 6466056 5.6 2 4 2 1 1.5
RTAC0292 416908 6466056 2.6 5 7 2 1 2.2
RTAC0293 416848 6467132 7.1 2 3 1 1 1.1
RTAC0293 416848 6467132 5.1 4 5 1 1 1.3
RTAC0293 416848 6467132 2.1 7 8 1 1 1.1
RTAC0294 416932 6466950 6.8 2 4 2 1 1.5
RTAC0294 416932 6466950 1.3 8 9 1 1 1.7
RTAC0295 417013 6466764 6.5 2 4 2 1 1.2
RTAC0295 417013 6466764 2 5 10 5 1 3.7
RTAC0296 417102 6466583 3.2 3 11 8 1 4.4
RTAC0297 417186 6466407 3.7 1 10 9 1 5.4
RTAC0298 417277 6466230 2.3 2 10 8 1 2
RTAC0299 417392 6467385 6.7 2 4 2 1 1.5
RTAC0299 417392 6467385 3.7 5 7 2 1 1.2
RTAC0299 417392 6467385 1.2 8 9 1 1 1.1
RTAC0300 417476 6467204 6 2 5 3 1 1.1
RTAC0300 417476 6467204 1.5 7 9 2 1 2.5
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RTAC0306 417745 6467114 3.7 1 11 10 1 3.8

35

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
RTAC0307 417827 6466926 4 1 11 10 1 4.8
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RTAC0367 421101 6468894 2.9 0 6 6 1 4.3

36

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
RTAC0368 421186 6468713 2.3 0 6 6 1 3.4
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RTAC0370 421210 6469607 2.5 2 7 5 1 2.1
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RTAC0461 426020 6472071 2.8 3 6 3 1 2.7
RTAC0462 426104 6471889 1.5 2 4 2 1 5.1

37

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
RTAC0464 425875 6473327 1.1 1 4 3 1 2.1
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RTAC0466 426044 6472965 3.6 0 4 4 1 2.2
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S14_RT_FRC_011 406609 6462748 3.7 1 8 7 1 2.2

38

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
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S14_RT_FRC_096 409432 6463179 2.7 2 11 9 1 2.6

39

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
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S14_RT_FRC_169 412667 6465130 2.4 3 7 4 1 3.7
S14_RT_FRC_170 412838 6464767 4.9 1 7 6 1 4.1
S14_RT_FRC_172 413122 6465342 4.5 1 6 5 1 2.2
S14_RT_FRC_173 413289 6464981 3.8 1 8 7 1 6
S14_RT_FRC_174 413462 6464618 3.4 3 9 6 1 4.1
S14_RT_FRC_175 413583 6465555 3.4 3 8 5 1 2.1
S14_RT_FRC_176 413729 6465200 4.4 2 9 7 1 6.2
S14_RT_FRC_178 414026 6465763 3.5 1 7 6 1 1.9

40

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
S14_RT_FRC_179 414198 6465401 3.8 1 9 8 1 5.4
S14_RT_FRC_180 414375 6465033 4.5 0 10 10 1 4.9
S14_RT_FRC_181 414478 6465978 3 4 9 5 1 2.5
S14_RT_FRC_182 414648 6465614 4 3 9 6 1 7.2
S14_RT_FRC_184 414933 6466187 2.1 6 8 2 1 2.7
S14_RT_FRC_186 415272 6465458 3.9 2 11 9 1 4.2
S14_RT_FRC_187 415388 6466395 7.4 1 3 2 1 1.6
S14_RT_FRC_187 415388 6466395 2.9 6 7 1 1 1.1
S14_RT_FRC_188 415557 6466033 4.9 2 9 7 1 3.5
S14_RT_FRC_191 416009 6466247 3.7 4 9 5 1 6.2
S14_RT_FRC_192 416200 6465866 4.2 2 10 8 1 4
S14_RT_FRC_195 416630 6466096 4 2 10 8 1 3.7
S14_RT_FRC_198 417085 6466303 7.3 1 3 2 1 1.5
S14_RT_FRC_198 417085 6466303 2.8 4 9 5 1 8.5
S14_RT_FRC_200 417384 6466901 4.2 1 10 9 1 3.8
S14_RT_FRC_201 417530 6466510 2.6 3 9 6 1 7.3
S14_RT_FRC_202 417653 6467459 4.9 0 9 9 1 1.8
S14_RT_FRC_203 417820 6467096 2.7 4 11 7 1 6.7
S14_RT_FRC_204 417991 6466733 2.2 3 9 6 1 6.5
S14_RT_FRC_206 418270 6467310 3.6 3 9 6 1 4.4
S14_RT_FRC_207 418449 6466945 1.4 3 9 6 1 6.6
S14_RT_FRC_208 418554 6467882 2.9 3 9 6 1 1.5
S14_RT_FRC_209 418730 6467519 7.7 0 3 3 1 1.4
S14_RT_FRC_209 418730 6467519 2.7 4 9 5 1 4.3
S14_RT_FRC_210 418892 6467163 3 1 7 6 1 4.9
S22R_V001 410276 6464208 3.1 1 8 7 1 3.9
S22R_V002 410282 6464191 3.2 1 8 7 1 3.7
S22R_V003 410294 6464161 3.5 1 8 7 1 4.5
S22R_V004 410300 6464144 3.7 1 8 7 1 4.3
S22R_V005 410309 6464123 3.8 1 8 7 1 5.1
S22R_V006 410321 6464099 4 1 8 7 1 5.1
S22R_V007 410332 6464075 3.6 2 8 6 1 5.1
S22R_V008 410340 6464057 3.4 1 9 8 1 4.8
S22R_V009 410351 6464034 3.2 1 9 8 1 3.8
S22R_V015 410371 6463988 3.2 1 9 8 1 4.9
S22R_V016 410391 6463946 3.8 1 8 7 1 5.7

41

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

APPENDIX 3: DRILL HOLE COMPOSITE INFORMATION - BUJURU

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
BJAC0014 452775 6489815 7.8 0 6
6

1
1.5
BJAC0015 452873 6489633 8.1 0 3
3

1
1.9
BJAC0017 453061 6489282 3.6 0 5
5

1
2.7
BJAC0018 453145 6489134 3.0 0 5
5

1
2.9
BJAC0019 453235 6488970 4.0 0 5
5

1
2.8
BJAC0021 453099 6490071 8.5 1 2
1

1
1.2
BJAC0021 453099 6490071 5.0 3 7
4

1
1.7
BJAC0022 453173 6489947 8.6 0 2
2

1
1.4
BJAC0023 453264 6489784 8.1 0 2
2

1
1.9
BJAC0024 453375 6489607 4.8 0 3
3

1
1.9
BJAC0025 453518 6489350 2.6 0 8
8

1
2.9
BJAC0026 453594 6489209 2.5 0 5
5

1
3.4
BJAC0027 453659 6489096 2.1 0 4
4

1
2.7
BJAC0031 453122 6490498 11.1 0 3
3

1
1.5
BJAC0032 453242 6490347 10.0 0 4
4

1
1.4
BJAC0033 453396 6490151 8.2 0 4
4

1
1.5
BJAC0034 453528 6489974 8.3 0 1
1

1
1.5
BJAC0035 453641 6489824 7.4 0 2
2

1
2.7
BJAC0036 453767 6489642 3.9 0 4
4

1
2.3
BJAC0037 453906 6489465 4.7 0 6
6

1
3.5
BJAC0038 454013 6489320 2.3 0 3
3

1
4.1
BJAC0042 453448 6490902 10.9 0 2
2

1
3.2
BJAC0043 453567 6490744 10.6 0 2
2

1
1.6
BJAC0043 453567 6490744 8.1 3 4
1

1
1.3
BJAC0044 453694 6490587 9.7 0 4
4

1
1.8
BJAC0045 453815 6490423 9.4 0 2
2

1
1.6
BJAC0046 453931 6490267 6.8 1 2
1

1
1.3
BJAC0047 454061 6490111 5.5 0 4
4

1
2.2
BJAC0048 454165 6489961 4.7 0 6
6

1
2.2
BJAC0049 454280 6489810 4.1 0 5
5

1
3.2
BJAC0052 453069 6491893 12.1 0 2
2

1
1.4
BJAC0053 453186 6491731 11.8 0 2
2

1
1.9
BJAC0054 453307 6491574 11.0 1 2
1

1
2.5
BJAC0055 453429 6491408 12.3 0 2
2

1
2.1
BJAC0057 453673 6491091 11.3 0 2
2

1
1.6
BJAC0057 453673 6491091 7.3 4 6
2

1
1.4
BJAC0058 453789 6490932 9.7 0 5
5

1
1.8
BJAC0059 453910 6490774 8.3 0 5
5

1
1.6
BJAC0060 454030 6490607 8.0 1 3
2

1
1.2
BJAC0063 454406 6490144 4.8 0 6
6

1
2.9
BJAC0064 454523 6489992 4.2 0 6
6

1
2.4
BJAC0065 454650 6489839 2.7 0 7
7

1
3.1
BJAC0070 453415 6491925 12.6 0 1
1

1
1.9
BJAC0073 453756 6491431 11.5 0 2
2

1
1.7
BJAC0074 453864 6491271 11.4 0 2
2

1
2.2
BJAC0075 453981 6491100 10.9 0 2
2

1
1.4
BJAC0075 453981 6491100 7.9 3 5
2

1
1.2
BJAC0076 454081 6490939 9.5 0 4
4

1
1.4
BJAC0077 454188 6490786 9.4 0 3
3

1
1.7
BJAC0078 454295 6490628 8.9 0 3
3

1
2.2
BJAC0080 454528 6490284 4.7 0 6
6

1
3.5
BJAC0081 454636 6490131 4.4 0 5
5

1
2.4
BJAC0082 454765 6489969 3.1 0 6
6

1
2.4
BJAC0098 454964 6490358 4.3 0 4
4

1
2.9
BJAC0099 455057 6490212 3.2 0 5
5

1
3.1

42

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
BJAC0142 454661 6492961 12.7 0 2
2

1
2.1
BJAC0142 454661 6492961 10.2 3 4
1

1
1.2
BJAC0143 454767 6492799 11.7 1 2
1

1
1.1
BJAC0144 454876 6492630 11.9 0 2
2

1
1.1
BJAC0145 454992 6492464 11.9 0 1
1

1
1.3
BJAC0146 455104 6492299 11.4 0 1
1

1
1.1
BJAC0146 455104 6492299 6.9 3 7
4

1
1.9
BJAC0147 455195 6492143 8.9 0 6
6

1
1.8
BJAC0148 455308 6491968 10.5 0 1
1

1
1.4
BJAC0148 455308 6491968 8.5 2 3
1

1
1.7
BJAC0149 455427 6491800 9.3 0 3
3

1
1.9
BJAC0151 455653 6491476 6.9 0 4
4

1
3.9
BJAC0152 455772 6491299 6.2 0 3
3

1
3.5
BJAC0153 455880 6491135 4.1 0 5
5

1
4.2
BJAC0154 455974 6490986 3.1 0 5
5

1
5.5
BJAC0163 455274 6492960 11.7 0 2
2

1
2.5
BJAC0164 455379 6492755 11.8 0 1
1

1
1.3
BJAC0165 455502 6492583 10.7 0 2
2

1
2.9
BJAC0165 455502 6492583 8.2 3 4
1

1
1.0
BJAC0166 455592 6492440 9.1 0 5
5

1
1.9
BJAC0167 455714 6492269 9.5 0 3
3

1
1.4
BJAC0168 455823 6492121 8.8 0 2
2

1
2.9
BJAC0169 455926 6491970 9.2 0 1
1

1
2.6
BJAC0170 456032 6491799 6.9 0 3
3

1
3.2
BJAC0171 456134 6491658 6.7 0 1
1

1
3.8
BJAC0172 456238 6491503 4.0 0 1
1

1
1.2
BJAC0173 456329 6491374 2.2 0 3
3

1
4.2
BJAC0174 456409 6491250 1.1 0 3
3

1
3.6
BJAC0196 454951 6494692 10.3 0 4
4

1
1.5
BJAC0197 455041 6494541 11.5 0 3
3

1
2.7
BJAC0198 455154 6494388 12.1 0 3
3

1
1.6
BJAC0199 455243 6494257 12.3 0 3
3

1
2.1
BJAC0200 455359 6494084 12.4 0 3
3

1
1.2
BJAC0201 455470 6493939 12.1 0 2
2

1
1.9
BJAC0202 455587 6493765 12.4 0 3
3

1
2.4
BJAC0203 455708 6493601 13.1 0 3
3

1
3.8
BJAC0204 455837 6493435 12.1 0 4
4

1
2.4
BJAC0205 455934 6493268 12.3 0 2
2

1
2.1
BJAC0206 456056 6493099 11.5 0 3
3

1
2.4
BJAC0207 456166 6492947 10.6 0 3
3

1
1.9
BJAC0208 456276 6492780 10.3 0 3
3

1
2.9
BJAC0209 456404 6492603 9.9 0 2
2

1
2.1
BJAC0210 456516 6492445 9.4 0 3
3

1
2.8
BJAC0211 456627 6492288 8.6 0 4
4

1
3.8
BJAC0212 456741 6492122 7.0 0 3
3

1
2.5
BJAC0213 456831 6491992 6.2 0 3
3

1
2.1
BJAC0214 456923 6491851 4.2 0 5
5

1
3.9
BJAC0215 457009 6491731 3.6 0 5
5

1
5.2
BJAC0215 457009 6491731 -0.4 6 7
1

1
2.4
BJAC0216 457092 6491609 3.2 0 4
4

1
3.4
BJAC0218 455368 6494863 10.5 0 3
3

1
2.0
BJAC0219 455477 6494694 11.5 0 3
3

1
1.8
BJAC0220 455589 6494533 13.0 0 1
1

1
3.6
BJAC0220 455589 6494533 10.5 2 4
2

1
1.3
BJAC0221 455703 6494376 11.8 0 3
3

1
1.9
BJAC0222 455825 6494194 11.8 0 3
3

1
1.9
BJAC0223 455929 6494029 12.7 0 3
3

1
2.7

43

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
BJAC0224 456049 6493869 12.6 0 3
3

1
3.8
BJAC0226 456271 6493541 11.7 0 4
4

1
2.0
BJAC0227 456390 6493380 11.4 0 3
3

1
2.3
BJAC0228 456505 6493220 11.2 0 3
3

1
1.8
BJAC0229 456611 6493064 10.2 0 3
3

1
2.1
BJAC0230 456727 6492902 10.6 0 1
1

1
3.0
BJAC0231 456841 6492728 10.1 0 2
2

1
2.7
BJAC0232 456957 6492568 9.2 0 3
3

1
3.4
BJAC0233 457074 6492413 6.8 0 4
4

1
3.8
BJAC0234 457196 6492240 6.1 0 4
4

1
4.1
BJAC0235 457309 6492065 4.5 0 4
4

1
3.7
BJAC0236 457403 6491930 3.7 0 5
5

1
4.6
BJAC0239 455857 6494829 11.1 0 3
3

1
1.3
BJAC0240 455999 6494620 11.0 0 4
4

1
1.3
BJAC0241 456113 6494447 11.7 0 3
3

1
1.7
BJAC0242 456236 6494286 11.5 0 3
3

1
2.0
BJAC0243 456346 6494115 11.7 0 3
3

1
2.0
BJAC0244 456456 6493954 12.4 0 2
2

1
1.8
BJAC0244 456456 6493954 9.9 3 4
1

1
1.2
BJAC0245 456566 6493796 12.5 0 2
2

1
3.3
BJAC0245 456566 6493796 8.5 4 6
2

1
1.2
BJAC0246 456689 6493632 11.6 0 2
2

1
2.9
BJAC0246 456689 6493632 7.1 3 8
5

1
1.6
BJAC0247 456805 6493468 9.4 0 6
6

1
2.2
BJAC0248 456920 6493306 11.4 0 2
2

1
3.0
BJAC0249 457028 6493151 10.6 0 3
3

1
1.8
BJAC0250 457156 6492971 10.1 0 3
3

1
4.6
BJAC0251 457274 6492819 9.6 0 2
2

1
3.2
BJAC0252 457386 6492652 7.8 0 2
2

1
1.8
BJAC0253 457491 6492502 6.9 0 2
2

1
1.2
BJAC0254 457612 6492333 5.5 0 1
1

1
6.1
BJAC0255 457719 6492178 3.4 0 3
3

1
6.9
BJAC0255 457719 6492178 0.4 4 5
1

1
1.2
BJAC0257 456437 6494999 12.0 0 3
3

1
2.8
BJAC0258 456546 6494811 11.7 0 2
2

1
2.7
BJAC0259 456666 6494638 11.6 0 3
3

1
2.3
BJAC0260 456793 6494473 12.4 0 2
2

1
2.0
BJAC0261 456908 6494301 11.8 0 2
2

1
3.0
BJAC0262 457011 6494152 10.9 0 3
3

1
1.5
BJAC0263 457131 6493987 12.9 0 3
3

1
2.8
BJAC0264 457253 6493820 10.7 0 3
3

1
2.1
BJAC0265 457362 6493658 10.6 0 2
2

1
2.9
BJAC0266 457466 6493502 10.8 0 3
3

1
4.0
BJAC0267 457580 6493332 8.9 0 3
3

1
3.3
BJAC0268 457699 6493164 8.6 0 3
3

1
4.5
BJAC0269 457818 6493000 7.8 0 2
2

1
3.2
BJAC0270 457927 6492833 7.8 0 3
3

1
3.2
BJAC0271 458034 6492673 4.7 0 3
3

1
2.1
BJAC0272 458138 6492527 2.7 0 5
5

1
3.9
BJAC0274 456808 6494981 11.3 0 3
3

1
2.8
BJAC0275 456898 6494845 11.4 0 3
3

1
2.4
BJAC0276 457008 6494675 11.5 0 2
2

1
2.3
BJAC0277 457121 6494515 11.6 0 2
2

1
3.1
BJAC0277 457121 6494515 7.1 4 7
3

1
1.2
BJAC0278 457246 6494346 10.8 0 3
3

1
2.5
BJAC0278 457246 6494346 7.3 4 6
2

1
1.5
BJAC0279 457363 6494187 10.9 0 4
4

1
2.3

44

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
BJAC0280 457474 6494022 10.4 0 3
3

1
2.7
BJAC0281 457581 6493858 9.5 0 3
3

1
1.8
BJAC0282 457705 6493693 9.6 0 2
2

1
3.0
BJAC0283 457812 6493526 8.2 0 3
3

1
4.2
BJAC0284 457912 6493376 7.7 0 3
3

1
3.4
BJAC0285 458023 6493225 7.7 0 3
3

1
5.9
BJAC0286 458146 6493055 7.0 0 4
4

1
6.2
BJAC0287 458265 6492904 5.8 0 2
2

1
1.5
BJAC0288 458377 6492759 3.2 0 2
2

1
3.4
BJAC0305 457757 6494973 9.9 0 3
3

1
3.5
BJAC0306 457847 6494855 9.5 0 4
4

1
4.0
BJAC0307 457946 6494696 9.0 0 4
4

1
3.2
BJAC0308 458061 6494529 8.9 0 2
2

1
2.2
BJAC0309 458183 6494366 8.9 0 2
2

1
2.9
BJAC0310 458302 6494207 8.6 0 4
4

1
3.0
BJAC0311 458424 6494032 8.7 0 3
3

1
3.4
BJAC0312 458525 6493881 9.0 0 2
2

1
3.6
BJAC0313 458635 6493732 7.4 0 3
3

1
4.3
BJAC0314 458749 6493562 6.7 0 2
2

1
5.2
BJAC0315 458860 6493415 5.2 0 3
3

1
4.0
BJAC0316 458945 6493288 3.5 0 3
3

1
2.7
BJAC0317 459032 6493176 3.1 0 4
4

1
3.2
BJAC0319 457942 6495452 9.5 0 3
3

1
2.7
BJAC0320 458018 6495349 9.7 0 2
2

1
3.1
BJAC0321 458096 6495237 10.2 0 3
3

1
3.3
BJAC0322 458170 6495126 9.9 0 2
2

1
4.7
BJAC0323 458286 6494962 8.2 0 5
5

1
2.7
BJAC0324 458401 6494803 8.2 0 4
4

1
2.3
BJAC0325 458518 6494626 8.4 0 2
2

1
2.2
BJAC0326 458623 6494465 9.1 0 3
3

1
3.7
BJAC0327 458733 6494309 8.6 0 4
4

1
3.3
BJAC0328 458842 6494157 8.6 0 4
4

1
4.2
BJAC0329 458958 6493998 8.3 0 3
3

1
3.8
BJAC0330 459066 6493848 7.5 0 3
3

1
3.6
BJAC0331 459161 6493711 6.9 0 3
3

1
4.4
BJAC0332 459255 6493578 2.8 0 5
5

1
3.9
BJAC0333 459338 6493464 3.4 0 4
4

1
4.1
BJAC0335 458220 6495825 8.2 0 4
4

1
2.1
BJAC0336 458308 6495690 8.9 0 2
2

1
2.9
BJAC0336 458308 6495690 6.4 3 4
1

1
1.1
BJAC0337 458389 6495566 9.6 0 4
4

1
2.6
BJAC0338 458503 6495397 9.1 0 3
3

1
2.6
BJAC0339 458608 6495244 9.0 0 3
3

1
2.6
BJAC0340 458723 6495076 7.4 0 4
4

1
1.6
BJAC0341 458846 6494909 8.5 0 2
2

1
2.9
BJAC0342 458962 6494747 8.8 0 2
2

1
3.1
BJAC0343 459065 6494577 8.3 0 3
3

1
4.2
BJAC0344 459182 6494419 8.4 0 5
5

1
3.9
BJAC0345 459288 6494261 7.8 0 4
4

1
3.6
BJAC0346 459397 6494107 7.9 0 4
4

1
3.4
BJAC0347 459507 6493939 5.3 0 2
2

1
1.8
BJAC0348 459635 6493772 2.9 0 4
4

1
2.7
BJAC0352 458638 6495779 9.6 0 3
3

1
3.1
BJAC0352 458638 6495779 6.1 4 6
2

1
1.1
BJAC0353 458749 6495614 9.7 0 2
2

1
4.3
BJAC0353 458749 6495614 6.2 4 5
1

1
1.1
BJAC0354 458860 6495459 7.0 0 7
7

1
1.9

45

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
BJAC0355 458974 6495300 6.2 0 8
8

1
1.6
BJAC0356 459095 6495137 7.4 0 4
4

1
1.3
BJAC0357 459206 6494961 8.6 0 2
2

1
2.9
BJAC0358 459329 6494800 8.1 0 2
2

1
2.0
BJAC0359 459443 6494625 8.9 0 3
3

1
3.4
BJAC0360 459566 6494464 7.6 0 4
4

1
4.2
BJAC0361 459678 6494318 6.7 0 3
3

1
3.6
BJAC0362 459790 6494146 3.3 0 4
4

1
4.6
BJAC0363 459908 6493997 2.3 0 3
3

1
2.9
BJAC0368 459189 6495721 8.6 0 3
3

1
2.5
BJAC0369 459301 6495560 9.3 0 3
3

1
3.4
BJAC0370 459410 6495397 9.2 0 3
3

1
2.2
BJAC0371 459527 6495224 8.7 0 2
2

1
2.6
BJAC0372 459636 6495076 8.0 0 2
2

1
1.8
BJAC0373 459762 6494895 7.6 0 2
2

1
3.3
BJAC0374 459877 6494740 6.2 0 2
2

1
2.8
BJAC0375 459991 6494577 4.9 0 2
2

1
2.0
BJAC0376 460119 6494408 3.5 0 1
1

1
2.8
BJAC0377 460219 6494263 2.1 0 2
2

1
3.0
BJAC0406 460635 6495888 6.6 0 2
2

1
1.8
BJAC0407 460763 6495735 7.1 0 3
3

1
2.8
BJAC0408 460892 6495582 6.7 0 4
4

1
1.7
BJAC0409 461020 6495429 5.9 0 3
3

1
2.2
BJAC0410 461149 6495276 2.8 0 3
3

1
2.3
BJAC0411 461256 6495142 2.7 0 2
2

1
3.4
BJAC0418 461198 6495839 5.3 0 3
3

1
1.9
BJAC0419 461327 6495686 5.4 0 1
1

1
4.6
BJAC0420 461455 6495533 2.5 0 3
3

1
2.5
BJAC0421 461565 6495398 2.0 0 5
5

1
4.2
BJAC0426 461119 6496556 7.3 0 3
3

1
2.2
BJAC0427 461248 6496403 7.2 0 2
2

1
2.6
BJAC0428 461376 6496249 6.9 0 2
2

1
2.4
BJAC0429 461505 6496096 5.9 0 2
2

1
3.4
BJAC0431 461762 6495790 2.7 0 4
4

1
3.8
BJAC0432 461869 6495657 1.8 0 4
4

1
3.9
BJAC0437 461415 6496790 7.0 0 2
2

1
2.2
BJAC0438 461554 6496660 6.5 0 2
2

1
2.1
BJAC0439 461708 6496536 6.3 0 1
1

1
2.1
BJAC0440 461811 6496353 4.8 1 2
1

1
4.6
BJAC0441 461940 6496200 3.7 0 4
4

1
3.4
BJAC0442 462068 6496047 4.0 0 5
5

1
5.3
BJAC0449 461702 6497045 7.4 0 2
2

1
1.6
BJAC0450 461834 6496895 7.5 0 1
1

1
2.9
BJAC0451 461965 6496743 6.2 0 2
2

1
1.7
BJAC0452 462118 6496610 4.9 0 3
3

1
3.2
BJAC0453 462246 6496457 3.5 0 4
4

1
6.0
BJAC0454 462375 6496304 3.4 0 4
4

1
5.4
BJAC0455 462503 6496151 2.8 0 4
4

1
4.2
BJAC0457 461524 6497940 7.5 0 3
3

1
1.3
BJAC0458 461653 6497787 8.5 0 2
2

1
2.1
BJAC0459 461781 6497634 9.2 0 3
3

1
1.9
BJAC0460 461871 6497442 7.9 0 2
2

1
1.4
BJAC0461 462013 6497300 7.5 0 2
2

1
1.5
BJAC0462 462138 6497159 6.8 0 2
2

1
1.1
BJAC0463 462279 6496998 6.7 0 2
2

1
1.9
BJAC0464 462424 6496867 5.1 0 4
4

1
3.4
BJAC0465 462553 6496714 4.5 0 5
5

1
5.2

46

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
BJAC0466 462681 6496561 3.5 0 5
5

1
5.8
BJAC0467 462810 6496408 2.9 0 4
4

1
4.2
BJAC0468 461682 6498384 8.2 0 2
2

1
1.4
BJAC0469 461878 6498172 8.3 0 1
1

1
3.5
BJAC0469 461878 6498172 6.3 2 3
1

1
1.0
BJAC0470 462006 6498104 9.3 0 4
4

1
2.1
BJAC0471 462161 6497979 10.4 0 2
2

1
2.3
BJAC0471 462161 6497979 7.9 3 4
1

1
1.3
BJAC0472 462308 6497808 8.3 0 2
2

1
1.4
BJAC0473 462427 6497656 7.8 0 2
2

1
1.6
BJAC0474 462605 6497486 8.1 0 1
1

1
3.4
BJAC0475 462748 6497365 7.8 0 1
1

1
2.5
BJAC0476 462878 6497207 6.4 0 2
2

1
2.4
BJAC0484 462523 6497995 8.7 0 1
1

1
1.7
BJAC0485 462651 6497841 7.7 0 3
3

1
3.2
BJAC0486 462780 6497688 8.7 0 1
1

1
1.7
BJAC0487 462908 6497535 8.1 0 1
1

1
4.5
BJAC0488 463037 6497382 6.8 0 2
2

1
2.0
BJAC0489 463165 6497229 4.1 0 6
6

1
4.9
BJAC0490 463294 6497075 4.4 0 6
6

1
4.9
BJAC0494 462519 6498614 8.4 0 2
2

1
1.0
BJAC0496 462766 6498292 9.0 0 2
2

1
1.2
BJAC0497 462920 6498105 9.2 0 2
2

1
2.2
BJAC0498 463055 6497932 9.0 0 3
3

1
3.0
BJAC0499 463215 6497792 8.0 0 2
2

1
1.9
BJAC0500 463343 6497639 7.9 0 2
2

1
3.5
BJAC0501 463472 6497486 4.1 0 6
6

1
5.1
BJAC0502 463600 6497332 4.4 0 5
5

1
5.5
BJAC0503 463729 6497179 3.7 0 4
4

1
4.5
BJAC0513 463778 6497743 4.4 0 6
6

1
4.7
BJAC0514 463907 6497590 3.8 0 6
6

1
3.8
BJAC0566 464282 6500254 10.5 0 1
1

1
1.1
BJAC0567 464410 6500101 9.9 0 2
2

1
2.0
BJAC0577 464588 6500511 10.0 1 2
1

1
1.2
BJAC0578 464717 6500358 10.3 0 2
2

1
1.3
BJAC0579 464845 6500205 10.3 0 2
2

1
2.6
BJAC0579 464845 6500205 6.8 4 5
1

1
1.7
BJAC0580 464974 6500051 10.4 0 2
2

1
6.3
BJAC0588 465023 6500615 10.5 0 2
2

1
1.4
BJAC0589 465171 6500481 10.8 0 2
2

1
2.3
BJAC0590 465312 6500325 10.0 0 3
3

1
2.6
BJAC0591 465455 6500174 9.9 0 2
2

1
3.3
BJAC0591 465455 6500174 7.4 3 4
1

1
1.4
BJAC0592 465602 6500060 8.1 0 5
5

1
1.6
BJAC0599 465415 6500686 10.8 0 2
2

1
1.1
BJAC0600 465550 6500544 10.2 0 3
3

1
2.2
BJAC0600 465550 6500544 7.2 4 5
1

1
1.1
BJAC0601 465694 6500388 9.4 0 3
3

1
2.7
BJAC0602 465835 6500258 7.5 0 5
5

1
1.6
BJAC0611 465803 6500780 10.6 0 2
2

1
1.4
BJAC0611 465803 6500780 8.1 3 4
1

1
1.1
BJAC0620 466039 6501245 10.7 1 2
1

1
1.0
BJAC0621 466214 6501124 9.7 1 2
1

1
1.2
BJAC0621 466214 6501124 7.7 3 4
1

1
1.1
BJAC0630 466377 6501490 9.6 1 2
1

1
1.0
BJAC0631 466506 6501337 10.6 0 1
1

1
1.1
BJAC0631 466506 6501337 7.1 2 6
4

1
1.2

47

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
BJAC0632 466635 6501184 9.8 0 2
2

1
1.9
BJAC0640 466711 6501812 12.9 0 1
1

1
2.3
BJAC0641 466891 6501644 9.3 0 4
4

1
1.4
BJAC0658 467297 6502262 10.4 0 2
2

1
2.7
BJAC0659 467425 6502108 9.9 0 1
1

1
2.7
BJAC0667 467603 6502519 9.4 0 2
2

1
2.5
BJAC0668 467732 6502366 8.6 0 2
2

1
1.9
BJAC0669 467860 6502212 8.0 0 4
4

1
3.2
BJAC0670 467989 6502059 5.0 0 6
6

1
7.6
BJAC0677 467910 6502776 9.2 0 5
5

1
4.6
BJAC0678 468038 6502623 8.2 0 4
4

1
4.1
BJAC0679 468167 6502469 7.8 0 2
2

1
5.1
BJAC0680 468295 6502316 4.2 0 5
5

1
7.2
BJAC0681 468424 6502163 3.5 0 5
5

1
6.8
BJAC0687 468235 6503015 9.0 0 3
3

1
3.3
BJAC0688 468345 6502880 11.5 0 7
7

1
3.9
BJAC0689 468473 6502727 6.4 0 4
4

1
1.3
BJAC0690 468602 6502573 3.8 0 5
5

1
4.9
BJAC0691 468730 6502420 3.6 0 4
4

1
6.5
BJAC0692 468859 6502267 3.1 0 3
3

1
6.4
BJAC0693 468987 6502114 2.7 0 3
3

1
7.1
BJAC0694 469116 6501961 2.7 0 4
4

1
6.6
BJAC0695 469244 6501807 1.4 0 4
4

1
3.5
BJAC0697 468554 6503260 7.1 0 3
3

1
1.3
BJAC0698 468651 6503137 14.5 0 7
7

1
5.3
BJAC0698 468651 6503137 9.5 8 9
1

1
1.1
BJAC0699 468780 6502984 4.9 0 4
4

1
2.0
BJAC0700 468908 6502830 3.9 0 5
5

1
6.5
BJAC0701 469037 6502677 3.3 0 5
5

1
6.2
BJAC0702 469165 6502524 2.9 0 4
4

1
4.5
BJAC0703 469294 6502371 2.1 0 4
4

1
3.4
BJAC0704 469422 6502218 1.8 0 5
5

1
4.4
BJAC0705 469536 6502084 1.3 0 3
3

1
3.3
BJAC0707 468841 6503508 7.3 1 3
2

1
1.2
BJAC0708 468948 6503392 15.0 0 1
1

1
2.5
BJAC0709 469086 6503241 3.9 0 6
6

1
5.5
BJAC0710 469215 6503088 3.8 0 4
4

1
6.7
BJAC0711 469343 6502934 3.3 0 4
4

1
6.0
BJAC0712 469472 6502781 2.9 0 4
4

1
7.0
BJAC0713 469600 6502628 3.2 0 4
4

1
5.3
BJAC0714 469729 6502475 2.1 0 3
3

1
5.1
BJAC0715 469839 6502345 1.5 0 5
5

1
3.1
BJAC0717 469264 6503651 8.7 0 4
4

1
1.7
BJAC0718 469392 6503498 4.0 0 6
6

1
4.1
BJAC0719 469521 6503345 3.6 0 4
4

1
6.3
BJAC0720 469649 6503191 2.9 0 4
4

1
5.1
BJAC0721 469778 6503038 2.5 0 4
4

1
6.8
BJAC0722 469907 6502885 2.3 0 4
4

1
5.9
BJAC0723 470035 6502732 2.9 0 5
5

1
4.4
BJAC0724 470145 6502597 1.3 0 4
4

1
2.9
BJAC0727 469570 6503908 8.9 0 2
2

1
1.7
BJAC0728 469699 6503755 4.1 0 5
5

1
4.7
BJAC0729 469827 6503602 3.3 0 4
4

1
5.9
BJAC0730 469956 6503449 2.6 0 4
4

1
6.1
BJAC0731 470084 6503295 2.5 0 3
3

1
6.9
BJAC0732 470213 6503142 1.5 0 5
5

1
5.0
BJAC0733 470342 6502989 1.4 0 6
6

1
3.0

48

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
BJAC0736 469705 6504366 8.1 0 3
3

1
2.9
BJAC0737 469769 6504287 11.1 0 1
1

1
1.5
BJAC0737 469769 6504287 9.1 2 3
1

1
1.1
BJAC0737 469769 6504287 7.1 4 5
1

1
1.2
BJAC0738 469877 6504165 4.0 0 6
6

1
3.5
BJAC0739 470005 6504012 3.3 0 5
5

1
4.0
BJAC0740 470134 6503859 3.3 0 4
4

1
5.6
BJAC0741 470262 6503706 2.4 0 4
4

1
5.7
BJAC0742 470391 6503552 2.5 0 3
3

1
7.1
BJAC0743 470519 6503399 2.5 0 4
4

1
4.5
BJAC0744 470648 6503246 1.1 0 5
5

1
3.3
BJAC0745 470777 6503093 1.2 0 3
3

1
4.5
BJAC0747 470055 6504576 11.1 0 6
6

1
3.7
BJAC0748 470183 6504422 4.5 0 5
5

1
4.3
BJAC0749 470312 6504269 3.2 0 5
5

1
5.8
BJAC0750 470440 6504116 3.0 0 4
4

1
6.1
BJAC0751 470569 6503963 2.8 0 4
4

1
5.6
BJAC0752 470697 6503810 1.9 0 4
4

1
4.2
BJAC0753 470826 6503656 2.0 0 4
4

1
3.9
BJAC0754 470954 6503503 1.3 0 5
5

1
4.5
BJAC0755 471049 6503384 1.8 0 4
4

1
4.3
BJAC0757 470361 6504833 3.3 0 4
4

1
3.9
BJAC0758 470489 6504680 2.7 0 5
5

1
4.1
BJAC0759 470618 6504526 2.7 0 4
4

1
3.8
BJAC0760 470747 6504373 2.8 0 3
3

1
7.5
BJAC0761 470875 6504220 2.0 0 3
3

1
6.2
BJAC0762 471004 6504067 2.3 0 2
2

1
5.5
BJAC0763 471132 6503914 1.3 0 4
4

1
3.9
BJAC0764 471235 6503790 1.2 0 4
4

1
3.5
BJAC0765 471332 6503675 1.6 0 5
5

1
4.9
BJAC0769 470924 6504783 2.8 0 3
3

1
5.3
BJAC0770 471053 6504630 2.4 0 3
3

1
4.5
BJAC0771 471182 6504477 1.8 0 4
4

1
4.2
BJAC0772 471310 6504324 1.9 0 4
4

1
4.3
BJAC0773 471439 6504171 1.5 0 4
4

1
3.6
BJAC0774 471567 6504017 1.9 0 4
4

1
3.1
BJAC0775 471655 6503906 0.5 0 4
4

1
3.9
BJAC0781 471488 6504734 2.1 0 3
3

1
4.0
BJAC0782 471617 6504581 2.0 0 3
3

1
4.5
BJAC0783 471745 6504428 1.2 0 4
4

1
3.2
BJAC0784 471874 6504275 0.9 0 5
5

1
2.4
BJAC0790 471666 6505144 2.4 0 3
3

1
4.8
BJAC0791 471794 6504991 1.6 0 4
4

1
4.7
BJAC0792 471923 6504838 1.7 0 4
4

1
4.1
BJAC0793 472052 6504685 1.9 0 3
3

1
3.8
BJAC0794 472180 6504532 1.2 0 3
3

1
2.2
BJAC0798 471715 6505708 2.6 0 4
4

1
4.0
BJAC0799 471844 6505555 2.7 0 3
3

1
5.2
BJAC0800 471972 6505402 2.2 0 3
3

1
4.8
BJAC0801 472101 6505248 1.6 0 3
3

1
4.0
BJAC0802 472229 6505095 1.5 0 4
4

1
3.7
BJAC0803 472358 6504942 0.8 0 4
4

1
3.4
BJAC0804 472487 6504789 0.1 1 4
3

1
2.4
BJAC0807 471701 6506346 2.8 0 4
4

1
4.0
BJAC0808 471806 6506215 2.8 0 4
4

1
4.6
BJAC0809 471893 6506118 2.0 0 5
5

1
3.3
BJAC0810 472022 6505965 2.5 0 3
3

1
3.8

49

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
BJAC0811 472150 6505812 2.9 0 3
3

1
4.5
BJAC0812 472279 6505659 2.2 0 6
6

1
3.3
BJAC0813 472407 6505506 0.8 0 4
4

1
3.7
BJAC0814 472536 6505352 1.2 0 4
4

1
2.9
BJAC0815 472664 6505199 5.6 0 4
4

1
4.3
BJAC0816 472793 6505046 1.5 0 4
4

1
3.6
BJAC0819 471870 6506752 3.0 0 3
3

1
4.1
BJAC0820 471979 6506629 2.5 0 3
3

1
3.7
BJAC0821 472071 6506529 2.3 0 3
3

1
3.2
BJAC0822 472199 6506375 2.1 0 4
4

1
4.3
BJAC0823 472328 6506222 1.9 0 5
5

1
3.5
BJAC0824 472457 6506069 2.7 0 4
4

1
4.8
BJAC0825 472585 6505916 2.5 0 4
4

1
4.5
BJAC0826 472714 6505763 1.6 0 6
6

1
3.5
BJAC0827 472842 6505609 1.6 0 4
4

1
4.1
BJAC0828 472971 6505456 1.6 0 3
3

1
3.6
BJAC0829 473099 6505303 1.0 0 4
4

1
3.7
BJAC0832 472120 6507092 3.1 0 3
3

1
2.5
BJAC0833 472249 6506939 2.2 0 3
3

1
4.6
BJAC0834 472377 6506786 2.2 0 3
3

1
3.4
BJAC0835 472506 6506633 2.5 0 3
3

1
4.3
BJAC0836 472634 6506479 2.1 0 5
5

1
4.0
BJAC0837 472763 6506326 2.4 0 5
5

1
5.4
BJAC0838 472892 6506173 2.1 0 4
4

1
4.3
BJAC0839 473020 6506020 2.1 0 3
3

1
5.3
BJAC0840 473149 6505867 1.5 0 4
4

1
4.9
BJAC0841 473277 6505713 1.0 0 4
4

1
5.4
BJAC0842 473406 6505560 0.4 0 5
5

1
2.6
BJAC0844 472427 6507349 2.6 0 3
3

1
3.7
BJAC0845 472555 6507196 1.9 0 3
3

1
3.5
BJAC0846 472684 6507043 2.3 0 3
3

1
3.3
BJAC0847 472812 6506890 2.2 0 3
3

1
4.1
BJAC0848 472941 6506736 2.9 0 4
4

1
4.1
BJAC0849 473069 6506583 2.4 0 4
4

1
4.9
BJAC0850 473198 6506430 1.6 0 4
4

1
4.7
BJAC0851 473327 6506277 2.3 0 3
3

1
6.2
BJAC0852 473455 6506124 2.0 0 3
3

1
4.8
BJAC0853 473584 6505970 1.5 0 3
3

1
2.7
BJAC0854 473712 6505817 0.4 0 5
5

1
3.0
BJAC0855 472558 6507806 4.1 0 2
2

1
2.0
BJAC0856 472638 6507707 2.8 0 2
2

1
2.1
BJAC0857 472733 6507606 2.3 0 2
2

1
2.7
BJAC0858 472862 6507453 2.5 0 2
2

1
3.2
BJAC0859 472990 6507300 2.7 0 4
4

1
2.9
BJAC0860 473119 6507147 2.7 0 4
4

1
4.9
BJAC0861 473247 6506994 2.4 0 4
4

1
4.2
BJAC0862 473376 6506840 2.8 0 4
4

1
4.0
BJAC0863 473504 6506687 2.3 0 4
4

1
6.1
BJAC0864 473633 6506534 1.5 0 5
5

1
4.0
BJAC0865 473761 6506381 1.3 0 5
5

1
3.7
BJAC0866 473890 6506228 0.7 0 5
5

1
2.6
BJAC0867 474019 6506074 0.9 0 4
4

1
3.2
BJAC0869 472934 6507990 2.6 0 1
1

1
1.8
BJAC0870 473039 6507864 2.2 0 3
3

1
2.1
BJAC0871 473168 6507710 2.5 0 3
3

1
3.2
BJAC0872 473297 6507557 2.6 0 3
3

1
3.7
BJAC0873 473425 6507404 2.5 0 3
3

1
3.7

50

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
BJAC0874 473554 6507251 2.3 0 5
5

1
2.8
BJAC0875 473682 6507097 2.3 0 5
5

1
4.4
BJAC0876 473811 6506944 2.0 0 5
5

1
3.8
BJAC0877 473939 6506791 2.2 0 4
4

1
3.7
BJAC0878 474068 6506638 0.9 0 4
4

1
2.2
BJAC0879 474196 6506485 0.7 0 4
4

1
2.4
BJAC0880 474325 6506331 1.0 0 4
4

1
2.9
BJAC0882 473280 6508198 2.4 0 2
2

1
2.8
BJAC0883 473374 6508094 2.2 0 3
3

1
2.6
BJAC0884 473474 6507967 2.3 0 3
3

1
2.9
BJAC0885 473603 6507814 2.1 0 3
3

1
3.2
BJAC0886 473732 6507661 2.4 0 3
3

1
4.2
BJAC0887 473860 6507508 1.6 0 4
4

1
3.9
BJAC0891 474374 6506895 0.4 0 4
4

1
2.6
BJAC0892 474503 6506742 0.3 0 3
3

1
1.9
BJAC0893 474631 6506589 0.3 0 4
4

1
2.9
BJAC0895 473909 6508071 2.2 0 3
3

1
3.1
BJAC0905 473980 6508606 0.7 0 5
5

1
2.1
BJAC0906 474104 6508461 1.5 0 5
5

1
2.7
BJAC0907 474216 6508328 2.2 0 3
3

1
4.3
BJAC0907 474216 6508328 -0.8 4 5
1

1
1.0
BJAC0908 474344 6508175 0.8 0 4
4

1
2.8
BJAC0909 474473 6508022 1.1 0 3
3

1
3.8
BJAC0917 474279 6508873 1.7 0 3
3

1
2.8
BJAC0918 474394 6508739 1.5 0 4
4

1
3.5
BJAC0919 474522 6508586 1.6 0 2
2

1
3.1
BJAC0919 474522 6508586 -0.9 3 4
1

1
1.3
BJAC0920 474651 6508432 1.1 0 3
3

1
3.0
BJAC0921 474779 6508279 0.3 0 4
4

1
2.7
BJAC0922 474908 6508126 0.3 0 4
4

1
2.9
BJAC0923 475036 6507973 0.4 0 4
4

1
2.5
BJAC0929 474462 6509272 2.2 0 3
3

1
2.5
BJAC0930 474580 6509139 2.2 0 3
3

1
4.0
BJAC0931 474700 6508996 1.0 0 4
4

1
3.2
BJAC0932 474829 6508843 1.3 0 3
3

1
3.2
BJAC0933 474957 6508689 0.7 0 4
4

1
2.4
BJAC0934 475086 6508536 1.5 0 2
2

1
3.4
BJAC0934 475086 6508536 -1.0 3 4
1

1
2.0
BJAC0935 475214 6508383 0.5 0 4
4

1
3.4
BJAC0936 475343 6508230 0.1 0 4
4

1
3.9
BJAC0937 475471 6508077 0.7 0 3
3

1
3.5
BJAC0941 474759 6509535 1.9 0 3
3

1
3.0
BJAC0942 474878 6509406 1.2 0 4
4

1
3.9
BJAC0943 475006 6509253 2.3 0 2
2

1
4.0
BJAC0944 475135 6509100 1.3 0 2
2

1
3.1
BJAC0945 475264 6508947 0.7 0 3
3

1
2.7
BJAC0946 475392 6508793 1.4 0 2
2

1
4.2
BJAC0947 475521 6508640 0.3 0 4
4

1
3.5
BJAC0948 475649 6508487 0.1 0 4
4

1
3.0
BJAC0949 475778 6508334 0.6 0 3
3

1
2.4
BJAC0950 475906 6508181 0.8 0 3
3

1
4.0
BJAC0951 476035 6508027 1.4 0 3
3

1
1.9
BJAC0953 475067 6509793 1.4 0 3
3

1
3.8
BJAC0954 475184 6509663 2.2 0 2
2

1
3.9
BJAC0955 475313 6509510 1.4 0 2
2

1
3.8
BJAC0956 475441 6509357 1.3 0 2
2

1
3.1
BJAC0957 475570 6509204 0.9 0 3
3

1
2.7

51

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
BJAC0958 475699 6509051 0.3 0 4
4

1
3.3
BJAC0959 475827 6508897 0.3 0 4
4

1
2.8
BJAC0960 475956 6508744 0.1 0 4
4

1
2.9
BJAC0961 476084 6508591 0.0 0 4
4

1
3.0
BJAC0962 476213 6508438 0.7 0 4
4

1
2.6
BJAC0965 475362 6510074 1.5 0 3
3

1
3.2
BJAC0966 475491 6509920 0.8 0 4
4

1
2.8
BJAC0967 475619 6509767 1.2 0 2
2

1
3.9
BJAC0968 475748 6509614 0.6 0 3
3

1
3.0
BJAC0969 475876 6509461 0.8 0 3
3

1
3.7
BJAC0970 476005 6509308 0.1 0 4
4

1
3.0
BJAC0971 476134 6509154 0.7 0 3
3

1
4.3
BJAC0979 475926 6510024 1.0 0 3
3

1
3.2
BJAC0980 476054 6509871 0.3 0 4
4

1
3.3
BJAC0981 476183 6509718 0.6 0 3
3

1
4.4
PB-1S/00 453604 6488748 -2.1 0 4
4

1
4.4
PB-1S/1000 453328 6489709 7.4 0 2
2

1
3.2
PB-1S/1000 453328 6489709 4.9 3 4
1

1
1.0
PB-1S/1200 453273 6489901 8.0 0 4
4

1
2.1
PB-1S/1400 453218 6490094 8.5 0 4
4

1
1.4
PB-1S/200 453549 6488940 3.1 0 2
2

1
5.3
PB-1S/200 453549 6488940 0.1 3 5
2

1
3.0
PB-1S/400 453493 6489132 2.4 0 5
5

1
4.1
PB-1S/600 453438 6489325 2.6 0 5
5

1
2.5
PB-1S/800 453383 6489517 4.6 0 4
4

1
2.4
PB-11/1000 462351 6497041 6.4 0 2
2

1
1.9
PB-11/1200 462222 6497194 6.7 0 2
2

1
3.0
PB-11/1400 462094 6497347 7.8 0 2
2

1
1.7
PB-11/1600 461965 6497500 9.0 0 2
2

1
2.2
PB-11/1800 461837 6497653 8.0 0 2
2

1
2.0
PB-11/200 462865 6496428 3.2 0 5
5

1
5.1
PB-11/2000 461708 6497807 8.1 0 2
2

1
2.6
PB-11/2200 461580 6497960 8.5 0 1
1

1
2.2
PB-11/2200 461580 6497960 5.5 2 5
3

1
1.4
PB-11/2400 461451 6498113 6.5 0 4
4

1
2.0
PB-11/400 462737 6496581 3.5 0 5
5

1
5.1
PB-11/600 462608 6496734 4.6 0 5
5

1
6.5
PB-11/800 462480 6496887 5.5 0 3
3

1
2.6
PB-13/00 464575 6497586 -1.5 0 4
4

1
5.3
PB-13/1000 463932 6498352 8.3 0 1
1

1
1.8
PB-13/1000 463932 6498352 6.3 2 3
1

1
2.4
PB-13/1200 463804 6498505 8.8 0 2
2

1
2.6
PB-13/1400 463675 6498658 10.2 0 2
2

1
2.4
PB-13/1400 463675 6498658 7.7 3 4
1

1
1.0
PB-13/1600 463547 6498812 8.9 0 3
3

1
2.3
PB-13/1600 463547 6498812 5.9 4 5
1

1
1.3
PB-13/1800 463418 6498965 9.0 0 3
3

1
3.1
PB-13/200 464447 6497739 2.7 0 5
5

1
4.3
PB-13/2000 463290 6499118 8.8 0 3
3

1
1.5
PB-13/2200 463161 6499271 8.5 0 2
2

1
2.9
PB-13/2400 463032 6499425 9.0 0 2
2

1
2.6
PB-13/2600 462904 6499578 9.9 0 1
1

1
1.6
PB-13/400 464318 6497892 4.1 0 5
5

1
6.3
PB-13/600 464189 6498046 4.1 0 5
5

1
6.0
PB-13/800 464061 6498199 6.5 0 2
2

1
1.7
PB-15/00 466087 6498909 -0.4 0 3
3

1
6.7
PB-15/00 466087 6498909 -3.4 4 5
1

1
1.0

52

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
PB-15/1000 465444 6499675 7.3 0 5
5

1
5.2
PB-15/1200 465315 6499828 7.4 0 5
5

1
2.0
PB-15/1400 465187 6499981 9.0 0 4
4

1
3.3
PB-15/1600 465058 6500134 10.5 0 2
2

1
2.2
PB-15/1800 464930 6500287 9.9 0 3
3

1
2.5
PB-15/1800 464930 6500287 6.9 4 5
1

1
1.3
PB-15/200 465958 6499062 2.6 0 5
5

1
5.1
PB-15/2000 464801 6500441 10.9 0 1
1

1
1.1
PB-15/2000 464801 6500441 7.4 3 5
2

1
1.3
PB-15/400 465829 6499215 4.6 0 5
5

1
5.3
PB-15/600 465701 6499368 6.5 0 4
4

1
2.8
PB-15/750 465604 6499483 7.5 0 3
3

1
3.8
PB-17/00 467587 6500241 1.8 0 4
4

1
4.1
PB-17/1000 466944 6501007 4.2 0 5
5

1
6.0
PB-17/1200 466815 6501160 9.2 0 3
3

1
8.5
PB-17/1400 466687 6501314 10.2 0 3
3

1
4.4
PB-17/200 467458 6500394 2.7 0 5
5

1
4.3
PB-17/400 467329 6500547 2.5 0 5
5

1
5.1
PB-17/600 467201 6500701 4.7 0 2
2

1
7.4
PB-17/685 467146 6500766 4.0 0 4
4

1
5.0
PB-17/800 467072 6500854 4.4 0 3
3

1
7.1
PB-19/00 469121 6501537 0.4 0 2
2

1
6.9
PB-19/1000 468478 6502303 4.0 0 4
4

1
7.6
PB-19/1100 468414 6502380 3.3 0 6
6

1
6.5
PB-19/1200 468350 6502457 5.5 0 3
3

1
7.6
PB-19/1400 468221 6502610 7.3 0 5
5

1
2.7
PB-19/1600 468093 6502763 12.0 0 3
3

1
2.0
PB-19/1750 467996 6502878 7.5 3 5
2

1
1.3
PB-19/200 468993 6501691 1.2 0 3
3

1
5.4
PB-19/400 468864 6501844 1.0 0 4
4

1
5.1
PB-19/600 468735 6501997 2.4 0 4
4

1
5.2
PB-19/700 468671 6502074 2.2 0 5
5

1
6.0
PB-19/800 468607 6502150 3.6 0 3
3

1
7.5
PB-19/900 468543 6502227 2.4 0 6
6

1
5.8
PB-1/1000 454669 6490925 8.7 0 2
2

1
2.1
PB-1/1200 454516 6491054 8.8 0 4
4

1
2.0
PB-1/1400 454363 6491182 11.9 0 2
2

1
2.4
PB-1/1400 454363 6491182 9.4 3 4
1

1
1.5
PB-1/1600 454209 6491311 12.6 0 2
2

1
3.3
PB-1/1600 454209 6491311 10.1 3 4
1

1
1.4
PB-1/1800 453928 6491286 11.2 0 3
3

1
1.8
PB-1/1975 453858 6491475 11.6 0 2
2

1
2.5
PB-1/200 455025 6490105 3.2 0 5
5

1
3.5
PB-1/2200 453686 6491620 12.5 0 1
1

1
3.0
PB-1/2200 453686 6491620 9.5 3 4
1

1
2.5
PB-1/2400 453597 6491825 12.2 0 2
2

1
1.5
PB-1/2600 453443 6491954 11.3 0 3
3

1
1.5
PB-1/2800 453290 6492082 11.8 0 3
3

1
2.0
PB-1/3000 453137 6492211 12.6 0 1
1

1
1.6
PB-1/3000 453137 6492211 10.6 2 3
1

1
1.1
PB-1/3200 452984 6492339 11.8 0 3
3

1
2.6
PB-1/3350 452869 6492436 11.8 0 2
2

1
1.2
PB-1/400 454872 6490233 3.7 0 5
5

1
2.8
PB-1/600 454718 6490362 4.6 0 6
6

1
3.4
PB-1/800 454822 6490797 5.8 0 4
4

1
2.9
PB-20/00 469698 6502381 1.6 0 4
4

1
5.7
PB-20/1000 469007 6503103 4.0 0 5
5

1
6.6

53

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
PB-20/1200 468868 6503248 9.8 0 3
3

1
3.6
PB-20/1200 468868 6503248 6.8 4 5
1

1
1.0
PB-20/200 469560 6502525 3.2 0 4
4

1
4.8
PB-20/400 469421 6502670 2.7 0 4
4

1
5.9
PB-20/600 469283 6502814 3.2 0 4
4

1
6.7
PB-20/800 469145 6502959 3.4 0 5
5

1
6.3
PB-21/00 470646 6502845 0.1 0 2
2

1
4.3
PB-21/00 470646 6502845 -2.4 3 4
1

1
1.6
PB-21/1000 470003 6503611 2.3 0 5
5

1
6.3
PB-21/1100 469939 6503688 3.0 0 5
5

1
6.6
PB-21/1200 469875 6503765 4.7 0 3
3

1
5.5
PB-21/1300 469810 6503841 5.5 0 2
2

1
5.9
PB-21/1400 469746 6503918 5.4 0 3
3

1
5.8
PB-21/1600 469618 6504071 7.3 0 4
4

1
3.0
PB-21/200 470518 6502998 0.8 0 5
5

1
5.1
PB-21/300 470453 6503075 1.8 0 4
4

1
5.2
PB-21/400 470389 6503152 1.9 0 5
5

1
2.4
PB-21/600 470260 6503305 1.5 0 5
5

1
4.2
PB-21/800 470132 6503458 1.7 0 5
5

1
4.4
PB-22/00 471147 6503768 1.5 0 4
4

1
4.5
PB-22/1000 470455 6504490 3.0 0 5
5

1
5.2
PB-22/1200 470317 6504634 4.2 0 3
3

1
4.7
PB-22/1400 470178 6504779 5.3 1 3
2

1
1.3
PB-22/200 471008 6503912 0.8 0 5
5

1
3.5
PB-22/400 470870 6504057 1.1 0 5
5

1
5.4
PB-22/600 470732 6504201 1.3 0 5
5

1
4.1
PB-22/800 470593 6504345 3.3 0 3
3

1
5.9
PB-23/00 472175 6504148 0.3 0 2
2

1
3.5
PB-23/1000 471532 6504914 1.2 0 5
5

1
4.9
PB-23/1200 471403 6505068 1.5 0 5
5

1
4.3
PB-23/1400 471275 6505221 1.9 0 5
5

1
3.1
PB-23/1500 471210 6505297 4.4 0 1
1

1
4.4
PB-23/1500 471210 6505297 1.4 2 5
3

1
4.8
PB-23/200 472046 6504302 1.9 0 4
4

1
3.1
PB-23/400 471918 6504455 2.5 0 2
2

1
4.5
PB-23/400 471918 6504455 -0.5 3 5
2

1
1.8
PB-23/600 471789 6504608 1.7 0 3
3

1
5.1
PB-23/700 471725 6504685 1.2 0 4
4

1
4.6
PB-23/800 471660 6504761 2.1 0 2
2

1
6.1
PB-24/00 472595 6505154 0.8 0 4
4

1
3.8
PB-24/0200 472733 6505010 1.6 0 4
4

1
2.6
PB-24/1000 471903 6505877 1.9 0 5
5

1
4.1
PB-24/1200 471765 6506021 2.1 0 5
5

1
4.6
PB-24/200 472457 6505299 1.3 0 3
3

1
4.9
PB-24/400 472318 6505443 0.7 0 4
4

1
4.3
PB-24/600 472180 6505588 1.4 0 4
4

1
4.4
PB-24/800 472042 6505732 1.1 0 5
5

1
3.7
PB-25A/1000 473184 6506322 1.5 0 5
5

1
4.9
PB-25A/1200 473043 6506464 1.5 0 5
5

1
4.8
PB-25A/1400 472901 6506605 3.2 0 4
4

1
3.6
PB-25A/1600 472759 6506746 1.9 0 4
4

1
3.2
PB-25A/1800 472618 6506887 1.9 0 4
4

1
3.4
PB-25A/200 473751 6505758 1.6 0 3
3

1
3.2
PB-25A/2000 472476 6507028 2.2 0 3
3

1
4.1
PB-25A/2200 472334 6507169 1.9 0 4
4

1
3.4
PB-25A/2400 472193 6507310 3.4 0 2
2

1
3.4
PB-25A/400 473609 6505899 1.3 0 3
3

1
3.8

54

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
PB-25A/600 473468 6506040 1.3 0 4
4

1
4.8
PB-25A/800 473326 6506181 1.3 0 5
5

1
4.4
PB-25/00 473667 6505489 -0.7 0 3
3

1
3.3
PB-25/1000 473025 6506255 1.4 0 5
5

1
4.5
PB-25/1200 472896 6506408 4.0 0 2
2

1
4.9
PB-25/1200 472896 6506408 1.0 3 5
2

1
6.1
PB-25/1400 472767 6506561 3.1 0 4
4

1
4.4
PB-25/1600 472639 6506715 1.8 0 4
4

1
4.2
PB-25/200 473539 6505642 1.5 0 4
4

1
2.6
PB-25/400 473410 6505795 1.1 0 4
4

1
4.3
PB-25/600 473282 6505949 0.7 0 5
5

1
5.3
PB-25/800 473153 6506102 1.6 0 4
4

1
3.4
PB-26/00 474043 6506541 0.6 0 5
5

1
4.0
PB-26/0200 474182 6506397 0.4 0 5
5

1
2.6
PB-26/1000 473352 6507264 2.0 0 4
4

1
4.4
PB-26/1200 473213 6507408 2.0 0 4
4

1
4.0
PB-26/1400 473075 6507553 2.8 0 3
3

1
2.9
PB-26/1600 472937 6507697 3.1 0 2
2

1
3.8
PB-26/1800 472798 6507841 2.1 0 2
2

1
3.6
PB-26/200 473905 6506686 1.6 0 5
5

1
5.5
PB-26/400 473767 6506830 2.8 0 5
5

1
3.7
PB-26/600 473628 6506975 4.8 0 5
5

1
4.0
PB-26/800 473490 6507119 2.0 0 5
5

1
4.2
PB-27/00 475130 6506861 -0.3 0 3
3

1
4.1
PB-27/1000 474487 6507627 0.5 0 5
5

1
3.3
PB-27/1200 474358 6507781 1.2 0 4
4

1
2.7
PB-27/1400 474230 6507934 0.9 0 5
5

1
3.1
PB-27/1600 474101 6508087 2.3 0 3
3

1
2.4
PB-27/1725 474021 6508183 2.5 0 2
2

1
3.0
PB-27/200 475001 6507015 0.8 0 2
2

1
4.2
PB-27/200 475001 6507015 -1.7 3 4
1

1
1.9
PB-27/400 474872 6507168 0.3 0 3
3

1
2.6
PB-27/600 474744 6507321 0.2 0 5
5

1
2.7
PB-27/800 474615 6507474 0.8 0 5
5

1
5.1
PB-29/00 476562 6508261 -0.5 0 5
5

1
3.9
PB-29/1000 475919 6509027 0.5 0 3
3

1
3.1
PB-29/1200 475791 6509180 0.2 0 4
4

1
4.6
PB-29/1400 475662 6509333 0.9 0 2
2

1
3.6
PB-29/1600 475534 6509487 0.6 0 3
3

1
3.7
PB-29/1800 475405 6509640 1.1 0 3
3

1
2.3
PB-29/200 476434 6508414 1.0 0 4
4

1
3.8
PB-29/2000 475277 6509793 1.3 0 3
3

1
2.7
PB-29/2200 475148 6509946 2.1 0 2
2

1
2.9
PB-29/400 476305 6508567 2.0 0 1
1

1
4.9
PB-29/400 476305 6508567 0.0 2 3
1

1
1.4
PB-29/600 476176 6508720 0.6 0 3
3

1
3.7
PB-29/800 476048 6508874 0.5 0 3
3

1
4.7
PB-3/1000 456014 6491830 6.9 0 3
3

1
4.2
PB-3/1200 455861 6491959 9.6 0 1
1

1
3.8
PB-3/1400 455707 6492087 10.1 0 1
1

1
2.3
PB-3/1400 455707 6492087 8.1 2 3
1

1
2.5
PB-3/1600 455554 6492216 10.8 0 1
1

1
4.5
PB-3/1600 455554 6492216 8.3 2 4
2

1
1.1
PB-3/1800 455401 6492344 9.1 0 5
5

1
2.0
PB-3/200 456627 6491316 2.1 0 5
5

1
4.9
PB-3/2000 455473 6492741 11.5 0 3
3

1
1.7
PB-3/2000 455473 6492741 8.5 4 5
1

1
1.0

55

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
PB-3/2200 455320 6492870 12.0 0 1
1

1
2.0
PB-3/2400 455166 6492998 12.4 0 1
1

1
2.3
PB-3/2600 455013 6493127 11.8 0 3
3

1
1.4
PB-3/2800 454860 6493255 11.3 0 4
4

1
1.2
PB-3/3000 454707 6493384 11.0 0 5
5

1
1.3
PB-3/3200 454554 6493512 11.2 0 5
5

1
2.7
PB-3/3400 454400 6493641 10.9 0 5
5

1
1.7
PB-3/3600 454247 6493770 15.1 0 5
5

1
2.0
PB-3/400 456474 6491445 3.4 0 4
4

1
5.9
PB-3/600 456320 6491573 5.2 0 3
3

1
4.2
PB-3/800 456167 6491702 5.7 0 2
2

1
3.3
PB-5/1000 457621 6493043 8.1 0 3
3

1
6.0
PB-5/1000 457621 6493043 4.6 4 6
2

1
2.0
PB-5/1100 457545 6493107 8.7 0 3
3

1
3.9
PB-5/1200 457468 6493171 10.7 0 1
1

1
1.6
PB-5/1400 457315 6493300 10.4 0 1
1

1
3.8
PB-5/1500 457238 6493364 9.9 0 3
3

1
4.7
PB-5/1600 457162 6493429 11.0 0 1
1

1
4.7
PB-5/1600 457162 6493429 9.0 2 3
1

1
1.3
PB-5/1700 457085 6493493 10.7 0 3
3

1
2.3
PB-5/1800 457008 6493557 11.7 0 1
1

1
4.9
PB-5/1800 457008 6493557 8.7 2 5
3

1
1.8
PB-5/1900 456932 6493621 11.7 0 1
1

1
2.9
PB-5/1900 456932 6493621 8.7 2 5
3

1
1.6
PB-5/200 458234 6492529 4.7 0 2
2

1
3.9
PB-5/2000 456855 6493686 8.7 0 7
7

1
2.5
PB-5/2100 456779 6493750 8.6 0 8
8

1
2.2
PB-5/2200 456702 6493814 10.0 0 6
6

1
2.0
PB-5/2400 456549 6493943 10.7 0 6
6

1
2.4
PB-5/2600 456396 6494071 11.8 0 3
3

1
2.4
PB-5/2600 456396 6494071 8.8 4 5
1

1
1.1
PB-5/2800 456242 6494200 10.8 0 5
5

1
2.4
PB-5/300 458157 6492593 3.1 0 5
5

1
5.4
PB-5/3000 456089 6494328 11.1 0 5
5

1
2.3
PB-5/3200 455936 6494457 12.1 0 2
2

1
2.4
PB-5/3200 455936 6494457 9.1 3 5
2

1
1.1
PB-5/3400 455783 6494586 10.9 0 5
5

1
2.0
PB-5/3600 455629 6494714 10.4 0 5
5

1
1.9
PB-5/3800 455476 6494843 11.9 0 2
2

1
2.0
PB-5/3800 455476 6494843 8.4 4 5
1

1
1.4
PB-5/3965 455350 6494949 11.5 0 5
5

1
2.5
PB-5/400 458081 6492657 4.2 0 3
3

1
3.1
PB-5/600 457928 6492786 8.0 0 2
2

1
5.1
PB-5/700 457851 6492850 7.5 0 4
4

1
5.8
PB-5/800 457774 6492914 7.2 0 4
4

1
6.1
PB-5/900 457698 6492979 7.2 0 4
4

1
5.2
PB-6/1000 458414 6493972 9.9 0 1
1

1
1.4
PB-6/1200 458289 6494128 10.0 0 3
3

1
2.4
PB-6/1400 458164 6494284 8.3 0 3
3

1
3.2
PB-6/1600 458039 6494440 9.2 0 1
1

1
5.8
PB-6/1600 458039 6494440 7.2 2 3
1

1
2.6
PB-6/1800 457914 6494596 8.9 0 4
4

1
3.5
PB-6/200 458914 6493347 6.2 0 1
1

1
1.1
PB-6/2000 457789 6494752 9.8 0 4
4

1
3.2
PB-6/400 458789 6493503 6.8 0 1
1

1
6.7
PB-6/600 458664 6493660 7.0 0 4
4

1
3.6
PB-6/800 458539 6493816 7.7 0 3
3

1
3.3

56

ASX AND MEDIA RELEASE 25 JUNE 2025

==> picture [88 x 57] intentionally omitted <==

HOLE ID EASTING NORTHING RL FROM TO LENGTH ZONE THM%
PB-7/1000 459295 6494440 8.9 0 4
4

1
4.1
PB-7/1200 459166 6494593 7.6 0 5
5

1
4.7
PB-7/1400 459038 6494746 8.1 0 3
3

1
3.5
PB-7/150 459841 6493789 2.1 0 4
4

1
4.3
PB-7/1600 458909 6494900 8.3 0 2
2

1
2.9
PB-7/1800 458781 6495053 7.1 0 5
5

1
2.3
PB-7/2000 458652 6495206 8.6 0 3
3

1
4.0
PB-7/2200 458524 6495359 8.5 0 5
5

1
4.8
PB-7/2400 458395 6495512 10.2 0 3
3

1
3.4
PB-7/2600 458266 6495666 7.9 0 5
5

1
2.3
PB-7/400 459681 6493980 3.2 0 4
4

1
4.2
PB-7/600 459552 6494134 5.1 0 4
4

1
3.6
PB-7/800 459423 6494287 6.3 0 6
6

1
2.6
PB-8/1000* 459980 6495226 7.9 0 2
2

1
3.0
PB-8/1200* 459855 6495382 8.7 0 2
2

1
2.6
PB-8/1400* 459730 6495538 10.1 0 2
2

1
2.9
PB-8/1600* 459605 6495695 8.0 0 3
3

1
2.2
PB-8/1800* 459480 6495851 9.2 0 2
2

1
3.1
PB-8/200 460480 6494602 1.9 0 4
4

1
3.3
PB-8/2000* 459355 6496007 9.5 0 2
2

1
5.1
PB-8/400 460355 6494758 6.6 0 2
2

1
1.8
PB-8/600* 460230 6494914 6.9 0 3
3

1
3.0
PB-8/800* 460105 6495070 7.2 0 3
3

1
3.5
PB-9/1000 460792 6495778 6.9 0 3
3

1
1.8
PB-9/1000A 460763 6495853 7.0 0 2
2

1
1.7
PB-9/1135 460705 6495882 7.1 0 1
1

1
2.2
PB-9/1135 460705 6495882 5.1 2 3
1

1
1.0
PB-9/1200A 460638 6496010 7.1 0 1
1

1
2.7
PB-9/1600A* 460388 6496322 7.3 0 2
2

1
1.5
PB-9/1800A 460263 6496478 6.9 0 4
4

1
1.4
PB-9/200 461306 6495166 2.5 0 3
3

1
3.1
PB-9/200A 461263 6495229 3.0 0 1
1

1
5.2
PB-9/200A 461263 6495229 1.0 2 3
1

1
4.1
PB-9/400 461177 6495319 3.2 0 2
2

1
2.3
PB-9/400A* 461138 6495385 4.4 0 2
2

1
3.0
PB-9/600 461049 6495472 5.6 0 2
2

1
3.8
PB-9/600A 461013 6495541 5.7 0 3
3

1
2.7
PB-9/800 460920 6495625 8.6 0 2
2

1
2.9
PB-9/800A 460888 6495697 6.8 0 2
2

1
3.8

57