SUMMARY
Expanded Tenement Position
• Greenvale Project area increased by 56% to 3,602 sq km in 4 new EPM applications.
• These new applications provide the Company with district scale exposure to Cu-Au systems covering 150 kms of strike.
Hall’s Reward Project
• High grade Cu-Au-Ag assay results from mullock and rock chips returned within the Greenvale Project.
• Best results include:
o 46.50% Cu, 6.58g/t Au and 24.5g/t Ag
o 18.82% Cu, 4.59g/t Au and 56.3g/t Ag
• Drill program being planned to test for mineralisation around the old workings and also a second untested lode that potentially extends up to 2kms strike length.
Telegraph Prospect
• High grade Cu-Au-Ag assay results from rock chips returned 3kms to the north of Hall’s Reward.
• Best results include:
o 10.99 % Cu, 0.21 g/t Au and 12 g/t Ag
o 10.91 % Cu, 0.14 g/t Au and 10 g/t Ag
Cockie Creek Porphyry Cu-Au-Mo Prospect
• Modelling process for a maiden Mineral Resource Estimate is being reassessed and expected to be completed during calendar H2 of 2026.
Steam Engine Gold Project
• Activities during the Quarter were primarily focussed on expediting the Steam Engine Gold Project regulatory and mining study pathways to achieve early gold production within two years.
• A Feasibility Study based on a toll treatment operation underway during the reporting period.
• Native title and Aboriginal cultural heritage engagement ongoing.
• Additional metallurgical test work commenced to determine suitability to third party toll treatment.
• Steam Engine Mineral Resource being revised and updated. Due Q4, 2025.
• Planning and access preparation work for a drilling program commenced during the period.
Read the announcement via this link