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Quarterly Activities Report - September 2021



HIGHLIGHTS

  • New project acquisitions – Monte Cristo Gold Project in Alaska & Burracoppin Halloysite Project in WA - Monte Cristo Gold Project neighbours multi-million ounce gold projects of Nova Minerals Ltd (4.7m oz Au1), including new RPM discovery and GoldMining Inc (4.8m oz Au2) - Burracoppin Halloysite Project adjacent to Latin Resources Ltd Cloud Nine deposit with Inferred Mineral Resource of 207 million tonnes3

  • First stage diamond drilling works completed at high-grade Tiberius prospect – 8 diamond drill-holes comprising 1236.64m

  • Tiberius prospect underground rock/channel sampling returned significant analysis results, including 221g/t, 68g/t, 49.5g/t and 45.8g/t

  • Strong financial position with cash reserves of ~$3.7 million