Announcements and Updates

Drilling at Shanac delivers further high-grade mineralisation. Drillhole ZRSD20132 was designed to improve the definition of the interpreted higher-grade mineralisation at depth in the southern end of the Shanac deposit (Figure 3). The drillhole intersected significant polymetallic mineralisation (Figures 4 - 6), with an intersection of:

187.5m @ 0.9g/t Au, 0.1% Cu, 0.3% Pb, 0.4% Zn and 10g/t Ag from 382m, including:

• 69.5m @ 2.0g/t Au, 0.3% Cu, 0.5% Pb, 0.8% Zn and 18g/t Ag (2.9g/t Au Eq) from 382m, including
• 26.3m @ 4.0g/t Au, 0.4% Cu, 0.6% Pb, 1.7% Zn and 17g/t Ag (5.8g/t Au Eq) from 449.5m

The high-grade polymetallic mineralisation encountered in this hole remains open to the south and at depth.

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