SUREFIRE RESOURCES NL — Capital/Financing Update 2022

Jun 1, 2022

2 June 2022 ASX Announcement ASX Codes: SRN and SRNOC

YIDBY GOLD PROJECT (100%)

DRILLING INTERSECTION PHOTOGRAPHS

Drilling Anomalous MMI zones Intersects:

Wide Quartz Zones, in excess of 30m

Unexpected Quartzose Felsic Porphyry, Wide (90m) & Rich in Sulphides

Figure 1 Interesting Quartz veining in drill hole YBRC 072

Figure 2 YBRC 069 (89 to 179m) Wide Felsic Quartz Porphyry zone hosting quartz veining and abundant sulphides

The MMI anomalies in the Discovery Zone, located up to 400m to the west of the Yidby Road Gold Deposit, represent an entirely new SUREFIRE gold discovery that significantly expands the footprint of the Yidby Gold Project.

The initial drilling of the MMI gold anomalies at Yidby that returned wide gold drilling intersections displayed gold mineralisation in north south trending Felsic Quartz Porphyries and foliated Quartz zones. Both styles are interpreted as bedding discordant features on the south-western limb of a broad north-west trending antiform.

Figure 3 Stock image of antiform saddle reef gold mineralisation, styles at Yidby Gold project.

Yidby is a blind discovery, it is hidden beneath approximately 20 vertical meters of barren transported overburden. Historical drilling in the area was predominantly shallow Air-core drilling that barely progressed beneath the transported with the occasional targeted Reverse Circulation (RC) drillhole. Thorough testing by Surefire, using deeper (RC) drilling fence-lines, has resulted in the intersection of wide gold mineralised zones at Yidby.

The Yidby Gold Project is transected by the Great Northern Highway, 40km southwest of Paynes Find, well located in prime gold bearing greenstones.

Yidby is surrounded by significant gold deposits:

+1.1-Millionounce(Moz) Minjar Gold Project approximately 65km to the north- west,

1 Moz Kirkalocka Gold Project approximately 70km to the north-east,

2.1 Moz Mount Gibson Gold Project 30km to the south (28 July 2021 ASX: CMM)

0.45 Moz Rothsay Gold Project 30km to the west

Figure 4 Yidby Gold Project – a PRIME location for gold mineralisation

Authorised for ASX release by: Vladimir Nikolaenko Managing Director