FORWARD-LOOKING STATEMENTS This announcement contains forward-looking statements that involve a number of risks and uncertainties. These forward-looking statements are expressed in good faith and believed to have a reasonable basis. These statements reflect current expectations, intentions or strategies regarding the future and assumptions based on currently available information. Should one or more of the risks or uncertainties materialise, or should underlying assumptions prove incorrect, actual results may vary from the expectations, intentions and strategies described in this announcement. No obligation is assumed to update forward-looking statements if these beliefs, opinions, and estimates should change or to reflect other future developments.

Annexure 1 - drill collar details for 2021 Ryberg drill-holes 


   Hole ID     Easting Northing  Elevation Dip Azimuth Length 
   MIDD001     565,714 7,571,884   298m    -80   215   210.0m 
   MIDD002     565,840 7,571,990   312m    -80   355   313.5m 
   MIDD003     565,734 7,571,883   298m    -80   215   217.0m 
   MIDD004     565,715 7,571,897   299m    -80   290   36.0m 
   MIDD005     565,797 7,571,960   311m    -70   285   381.0m 
   MIDD006     565,728 7,571,889   298m    -75   290   153.0m 
   MIDD007     566,497 7,573,151   386m    -70   290   278.0m 
   MIDD008     566,880 7,573,889   567m    -80   290   316.0m 
   MIDD009     565,910 7,571,891   318m    -90   000   152.0m 
   SODD001     567,481 7,601,155  1,319m   -80   355   287.0m 
   SODD002     567,518 7,600,827  1,240m   -85   095   342.0m 
   SODD003     567,496 7,600,712  1,203m   -70   290   204.0m 
   CADD001     593,237 7,585,297   795m    -70   290   407.0m 
   CADD002     593,325 7,585,287   830m    -70   290   183.0m

All coordinates are displayed in WGS84 UTM Zone 25N

Annexure 2

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


Criteria      JORC Code Explanation                                 Commentary 
Sampling      Nature and quality of sampling (e.g., cut channels,   * Sampling of CADD001, CADD002 & MIDD009 was 
techniques    random chips, or specific specialised industry        conducted using standard industry practices with 
              standard measurement tools appropriate to the         diamond drilling. Magnetic readings were taken 
              minerals under investigation, such as down hole gamma using a Reflex EZ-Trac and Reflex Gyro Sprint-IQ 
              sondes, or handheld XRF instruments, etc.). These     downhole survey tool. 
              examples should not be taken as limiting the broad 
              meaning of sampling. 
              Include reference to measures taken to ensure sample  * Drill-holes CADD001 & CADD002 were angled to 
              representivity and the appropriate calibration of any obliquely intersect lithologies of interest. 
              measurement tools or systems used.                    MIDD009 was angled to intersect an electromagnetic 
                                                                    target obliquely. 
              Aspects of the determination of mineralisation that   * Mineralisation in drill-holes CADD001, CADD002 & 
              are Material to the Public Report. In cases where     MIDD009 has not been quantitively determined and is 
              'industry standard' work has been done this would be  awaiting assay. The determination in this report is 
              relatively simple (e.g., 'reverse circulation         qualitative, based on visual observation made by 
              drilling was used to obtain 1 m samples from which 3  the Competent Person who is a geologist on site. 
              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 (e.g., submarine nodules) may 
              warrant disclosure of detailed information. 
Drilling      Drill type (e.g., core, reverse circulation,          * Wireline diamond drilling using a 56.5mm diameter 
techniques    open-hole hammer, rotary air blast, auger, Bangka,    drill bit and standard tube. The core has not been 
              sonic, etc) and details (e.g., core diameter, triple  orientated but has been surveyed using either a 
              or standard tube, depth of diamond tails,             Reflex EZ-Trac multi-shot or Reflex Gyro Sprint-IQ 
              face-sampling bit or other type, whether core is      tool. The drill rig is a CDI 500 heli-portable fly 
              oriented and if so, by what method, etc.).            rig operated by Cartwright Drilling Inc. 
Drill sample  Method of recording and assessing core and chip       * Drill core from CADD001 has been geotechnically 
recovery      sample recoveries and results assessed.               logged with core recovery measured per drill core 
                                                                    run (3m). Holes CADD002 & MIDD009 are yet to be 
                                                                    logged. 
              Measures taken to maximise sample recovery and ensure * The drill crew was notified of the target depth 
              representative nature of the samples.                 and likelihood of intersecting sulphides, 
                                                                    accordingly they eased pressure on the drill bit 
                                                                    from that depth onward to minimise the chance of 
                                                                    core destruction. All drill core was then placed in 
                                                                    trays with lids to ensure that no core was lost 
                                                                    during transportation from the drill site to core 
                                                                    logging facility. The drill core was then 
                                                                    reconstructed into continuous runs on an angle iron 
                                                                    cradle by the geologist. Depths were checked 
                                                                    against depths indicated on the core blocks. 
              Whether a relationship exists between sample recovery * Not applicable as no assays have been conducted 
              and grade and whether sample bias may have occurred   to date. 
              due to preferential loss/gain of fine/coarse 
              material. 
Logging       Whether core and chip samples have been geologically  *Drill core from CADD001 has been geologically and 
              and geotechnically logged to a level of detail to     geotechnically logged by a qualified geologist to a 
              support appropriate Mineral Resource estimation,      level of detail that supports appropriate Mineral 
              mining studies and metallurgical studies.             Resource estimation, mining studies and 
                                                                    metallurgical studies. CADD002 & MIDD009 are yet to 
                                                                    be logged. 
              Whether logging is qualitative or quantitative in     * The logging is qualitative. All drill core was 
              nature. Core (or costean, channel, etc.) photography. photographed. 
              The total length and percentage of the relevant       * Drill-hole CADD001 has been logged in full. 
              intersections logged.                                 CADD002 & MIDD009 are yet to be logged. 
Sub-sampling  If core, whether cut or sawn and whether quarter,     * Drill-hole CADD001 has been cut in half using a 
techniques    half or all core taken.                               diamond core saw blade. 
and sample 
preparation 
              If non-core, whether riffled, tube sampled, rotary    * Not applicable as the drill-hole is core. 
              split, etc and whether sampled wet or dry. 
              For all sample types, the nature, quality and         * Not applicable as no sampling has been 
              appropriateness of the sample preparation technique.  undertaken. 
              Quality control procedures adopted for all            * Not applicable as no sampling has been 
              sub-sampling stages to maximise representivity of     undertaken. 
              samples. 
              Measures taken to ensure that the sampling is         * Not applicable as no sampling has been 
              representative of the in-situ material collected,     undertaken. 
              including for instance results for field duplicate/ 
              second-half sampling. 
              Whether sample sizes are appropriate to the grain     * Not applicable as no sampling has been 
              size of the material being sampled.                   undertaken. 
Quality of    The nature, quality and appropriateness of the        * Not applicable as no assaying has occurred. 
assay data    assaying and laboratory procedures used and whether 
and           the technique is considered partial or total. 
laboratory 
tests 
              For geophysical tools, spectrometers, handheld XRF    * Downhole magnetic readings were taken using a 
              instruments, etc., the parameters used in determining Reflex EZ-Trac. Readings were taken every 3m at 
              the analysis including instrument make and model,     completion of drilling, with the survey beginning 
              reading times, calibrations factors applied and their at bottom of hole and working up. The tool 
              derivation, etc.                                      protruded beyond the drill string by 3m to ensure 
                                                                    no interference from the rods. The magnetic roll is

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