IP geophysical survey update – Paradise Dam Prospect

• Follow-up IP geophysical survey has extended the chargeability zone by 1200m to the south on the Paradise Dam Prospect following up on recently completed drilling at drill hole 23PK11

• The chargeability zone remains open to the south along structure and is interpreted to be indicative of disseminated sulphides

• The IP geophysical survey will re-commence on 10 January after Christmas break to test the extent of the chargeability zone and inform potential drilling program design

• A heritage clearance survey, now planned for February, will be conducted once the IP survey data has been completed – in January

• A diamond core tail on hole RC 23PK11was completed in early December to 651m depth, to test the edge of the promising chargeability anomaly on the southwest corner of the Paradise Dam Prospect

• Drill core from the diamond tail of 23PK11, from a depth of 475m to 651m, has been submitted for assay, with results expected late January