Highlights

• Diamond drilling program underway at the high-grade Firetower Gold-Tungsten Project in northern Tasmania.

• Planned program has been expanded from three to ten drill holes for 1,600m, including extensional and in-fill drill holes.

• Expanded drill program designed to test for extensions of high-grade gold-tungsten-cobalt mineralisation and collect core for planned metallurgical testwork.

• First hole is currently underway testing for down-dip extensions below previous high-grade gold-tungsten intercept in hole 2019FTD007E of:

• o   17m @ 2.31g/t Au, 0.73% WO3, 0.16% Co, 0.16% Cu from 121m.

• Results from this drilling program will support the delivery of a maiden Mineral Resource Estimate for Firetower.

Henty Silver-Lead-Zinc Project

• Diamond drilling at the Henty Ag-Pb-Zn Project recently completed with six drill holes for 1,248m – final assay results pending.