Tunkillia Environmental Scoping Report ApprovedFirst step completed in Mining Lease (ML) approvals processHIGHLIGHTSEnvironmental Scoping Report approved by Department for Energy & Mining (DEM) South Australia, establishing the official terms of reference for Tunkillia's development approvals processesUpdated JORC Mineral Resource Estimates (MRE) pending for gold and silver, following completion of ~58,000m upgrade drilling programs and the recent discovery of new high-grade mineralisation1Targeting publication of Ore Reserves and a Pre-feasibility Study (PFS) for large-scale gold and silver production during Q1 CY27; ML application to follow as Barton expedites development pathway1 Refer to ASX announcements dated 6 / 31 August 2026
Infrastructure Sterilisation Drilling Begins at TunkilliaDevelopment programs advancing, Resource upgrades pending
Numerous High-Grade Assays Extend Tolmer Silver DiscoveryMultiple new >2,000g-m Ag assays; metallurgical testwork to begin
Transition from OTCQB to Unsponsored OTC QuotationUS branch share register to close during December 2026
Further Assays Infill Tunkillia Pit Extension TargetsPhase 2 upgrade drilling nearing completion, with PFS underway
Presentation to Tactic ConferenceTargeting near-term production, medium-term scale & long-term growth
Tunkillia Infill Drilling Delivers More High-Grade AssaysBroadest intersections yield some of the highest grades received
Tunkillia Pre-Feasibility Study BeginsExpanded programs targeting Q1 CY27 completion & ML application
Expansion of Tunkillia Phase 2 Upgrade DrillingInterim analysis indicates growth & grade upside potential
