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High-Grade Gold Mineralisation - Multiple Prospects

Released 12 Nov 25

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Announcement summary

High-Grade Gold Mineralisation - Multiple Prospects

The Company is pleased to report that recent detailed geological mapping across the North Bermol, South Bermol, and Nova prospect areas within our Flagship Idenburg Project, has identified multiple new zones of mineralised quartz veining associated with low angle shear-fault systems.

KEY RESULTS:

· North Bermol: Grab and outcrop sample assays up to 22.1 g/t Au and 11.8 g/t Ag.

· South Bermol: Grab and outcrop sample assays up to 7.1 g/t Au and 2.6 g/t Ag.

· Nova Prospect: Grab and outcrop sample assays up to 8.1 g/t Au and 2.1 g/t Ag.

· The mineralised samples were collected from quartz–sulphide zones within interpreted low angle shear and thrust faults. The significance of such structures has been confirmed by drill intercepts at Bermol and North Bermol prospects. Refer to Company ASX announcement of Oct. 27, 2025.

· These results confirm that similar gold-mineralised fault/shear structures occur within multiple prospects, underscoring the strong potential for additional gold discoveries through continued drill testing of defined targets.

The Company currently has two drill rigs operating at the North Bermol and Sua prospects, where the ongoing drilling campaign continues to deliver highly encouraging results.

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