Announcement PDF 11 October 2023 Trek Secures Transformational Acquisition of Advanced District-Scale Gold and Rare Earths Project Acquisition of former Newmont project in the Kimberley represents a Tier-1 greenfields exploration opportunity with multiple walk-up, drill-ready targets under shallow cover. Highlights • Trek to acquire 100% of issued capital in Archer X Pty Ltd (“Archer”), owner of a 1,183km2 strategic exploration portfolio comprising four granted Exploration Licences and one application in the Kimberley region of WA. • The project previously sat within Newmont’s global exploration portfolio under a farmin joint venture agreement but was recently returned to Archer following a rebalancing of Newmont’s portfolio. • The entire portfolio is covered by Heritage Access agreements, with total exploration expenditure to date of ~$5.7M. • Four major prospects, Martin, Coogan, Zahn and Willis, have been defined, with the presence of bedrock gold mineralisation confirmed by drilling at Martin and Coogan. • Intersections at Martin include 7m @ 4.90g/t Au and 2m @ 9.65g/t Au, with the mineralisation remaining open in all directions. • Significant multi-elemental exploration potential of district-scale including significant rare earths potential adjacent to RareX’s Cummins Range REE Project. Trek Metals Limited (ASX: TKM) (“Trek” or the “Company”) is pleased to advise that it has secured a district-scale greenfields gold and rare earths exploration opportunity in the Kimberley Region of Western Australia after securing the acquisition of an extensive portfolio previously part of Newmont Exploration Pty Ltd’s (Newmont) global exploration portfolio. The Christmas Creek Project, located south-west of Halls Creek, represents a previously unexplored, largely concealed district-scale gold and rare earths exploration opportunity, associated with a major continental-scale tectonic lineament intersection. The Project covers a total area of 1,183km2, all of which is covered by Heritage Access Agreements, with total exploration expenditure to date of ~$5.7 million. The Project previously sat within Newmont’s suite of exploration projects, held under a joint venture with Archer X Pty Ltd (Archer X). Under the previous joint venture and earn-in agreement, Newmont successfully earned a 75% interest in the Project. Newmont subsequently relinquished that interest 1 following a rebalancing of its global exploration portfolio, returning the Project to 100% Archer X ownership. Archer X targeted the area as it believed it may be an extension of the prolific Granites-Tanami Orogen (Figure 1), exposed as a basement high, with metasediments in the area showing a correlation to the Tanami host sequences. Newmont’s Tanami mine, located in the Northern Territory, is one of global significance, with Proven and Probable Reserves of 5.7Moz, with an additional 4.2Moz in Resources (as at 31st December 2022, refer to Newmont news release from 23rd February 2023 https://www.newmont.com/investors/news-release/default.aspx). The Tanami mine has been owned and operated by Newmont since 2002, producing an average of 500koz of gold each year. Figure 1. Continental scale context and location map for the Christmas Creek Project, located at the intersection of G3 and G5 metallogenic lineament corridors, potentially representing the intersection of the Granites-Tanami Orogen & the Halls Creek Orogen. Commenting on the acquisition, Trek’s CEO Derek Marshall said: “We are extremely fortunate to have secured this exceptional new growth opportunity for Trek. It is very rare for a junior like us to be able to get our hands on a district-scale exploration asset such as this, particularly one that used to sit within the global exploration portfolio of a major company such as Newmont. “The geological credentials of the Christmas Creek Project are outstanding, and the Project ticks all the boxes in terms of its potential to host discoveries that could really move the dial for a global major. Plus, we are inheriting nearly $6 million of high-quality exploration work and data that was performed to a very high standard by Newmont. 2 “The Project offers standout gold potential, with numerous shallow, potentially ore grade intercepts that remain unconstrained. In addition, its location near the Cummins Range carbonatite, currently being developed by RareX, highlights the potential for a significant hard rock rare earths discovery. “We are very excited by this transformational acquisition, and we see the Christmas Creek Project not only becoming a pivotal asset for the Company but also an emerging centre of multi-element exploration and discovery in Western Australia. We are looking forward to getting boots on the ground and commencing our maiden exploration programs.” Project Summary Four major prospects have been identified within the Christmas Creek Project area – Martin, Coogan, Zahn and Willis (Figure 2) utilising Newmont’s proprietary Deep Sensing Geochemistry (DSG) which has been developed to explore for mineralisation concealed under cover. The presence of bedrock gold mineralization has been confirmed by drilling at Martin and Coogan, although both these prospects remain sparsely drill tested, in particular Coogan with drill lines approximately 1km apart. The strong gold surface anomalism at Zahn remains unexplained in drilling and there has been no drilling to date at the Willis Prospect. Figure 2: Gold heatmap as defined by Deep Sensing Geochemistry (DSG) surface geochemistry across the project area, highlighting the four main prospect areas; Coogan, Martin, Zahn & Willis. 3 In September 2019, a shallow air-core drilling program was completed comprising of 155 holes at the Martin prospect and 56 holes over Zahn. In 2020, the Martin prospect was followed up with 17 Reverse Circulation drill-holes and three holes at Zahn. Coogan was drill tested in August 2022 with the completion of 18 RC drill-holes. Refer Tables at back of this release and the JORC Tables for additional information. Drill intersections at Martin include 7m @ 4.9g/t Au and 2m @ 9.65g/t Au, with the mineralisation remaining open in all directions (Figure 3). In particular; NEWXRC012 with 2m @ 9.65g/t Au from 72m is the southernmost hole on the westernmost RC traverse at Martin, and NEWXRC015 being the northernmost hole on the easternmost RC drill line with 4m @ 1.22g/t Au from 8m and 3m @ 2.03g/t Au from 137m, providing immediate drill targets. Refer to Tables 1-6 for additional details. Figure 3. Plan view of the Martin Prospect highlighting the peak Au anomalies in RC and AC drilling over TMG Au score. Noting that several of the significant intersections occur at the end of the RC drill lines, with mineralisation remaining open, providing immediate drill targets. A broad gold-mineralised structure with intersections such as 34m @ 0.18g/t Au and 38m @ 0.16g/t Au has been defined at Coogan by drilling on two sections about 1km apart, with the central core of the anomaly (between these sections) remaining untested (Figures 2 & 4, Tables 4 & 5). 4 Zahn is the strongest DSG gold anomaly and remains unexplained by very limited drilling. To date only three RC holes have been drilled at Zahn. Refer to Tables 1, 2 and 4 for further details. Willis is a large ~1500m long coherent gold anomaly in an area of total concealment that remains undrilled, providing an exceptional exploration target. Figure 4. Drill-hole locations over Gold DSG surface geochemistry, showing air-core (AC) drilling completed at Martin & Zahn, reverse circulation (RC) drilling completed at Coogan, Martin & Zahn, and remaining prospect areas with no drilling to date. Newmont’s exploration of this largely covered project area with their own proprietary DSG surface geochemical sampling has been highly successful in locating concealed mineralisation, however there is no reason to think that this has sterilized covered areas where no significant response was obtained. The occurrence of a strongly gold anomalous air-core hole outside the footprint of the geochemical anomaly at the Martin prospect provides evidence in support of this. Future Exploration Potential Apart from the main prospect areas, Trek believes the project area has considerable additional exploration potential given there are several additional surface geochemical anomalies that have not been fully defined or tested. Of note is a large gold anomaly located about 12km to the south-west of Coogan along the same structural trend (Figure 5). This anomaly has been defined by very broadspaced (2 x 1km) geochemical sampling and extends over about 8km. 5 Trek believes that additional opportunities are present in the project area, such as the potential for rare earth element (REE) mineralisation, given the project’s proximity to the Cummins Range REE deposit. Figure 5: A large DSG Au anomaly (~ 8km long & highlighted by red circle) has been defined by broad-spaced (2k x 1km grid) DSG sampling to the south-west of Coogan, plausibly associated with the same metallogenic trend. The Cummins Range Project, owned by RareX Limited (ASX:REE), is adjacent to the project tenements in the south-east of the Christmas Creek Project. This is hosted by a weathered carbonatite in the Cummins Range Intrusive Complex, with an Inferred and Indicated Resource of 519Mt at 0.32% total rare earth oxides (TREO) and 4.6% P2O5, for a contained 1.6 million tonnes of contained TREO and 24 million tonnes of contained P2O5 (refer ASX:REE announcement 1 May 2023). Sampling conducted by Newmont indicates areas with elevated rare-earth elements (lanthanum, cerium and yttrium), typically highlighting resistate minerals such as monazite in alluvial regolith. To the east of the Project’s Zahn prospect, approximately 7km west of the Cummins Range Project, elevated REEs are coincident with elevated magnetics and could reflect carbonatite dykes. Elevated lithium has also been evidenced in the DSG sampling. The lithium is spatially associated with granites and is well correlated with potassium reflecting the concentration of clays at the surface. The observed value of lithium is consistent with that seen at Tanami and is not suggestive of lithiummineralised pegmatites. However, outcropping pegmatitic rocks in the area have not yet been sampled for geochemical analysis. Spodumene-bearing pegmatites have been identified in the Halls Creek Orogen to the north-east of the Project and all known pegmatite occurrences are situated in 6 the southern end of the orogen, indicating some potential for lithium pegmatites within the project area that have not been identified by the previous sampling. Exploring Under Cover – The New Frontier Exploring under cover has been a focus for major mining companies as the general consensus from the mining industry is that the next round of significant mineral deposit discoveries is likely to come from basement rocks concealed undercover (not outcropping at surface). This is one of the main drivers for Trek to acquire Archer X, with most of the Project area covered by recent transported material (e.g., Figure 6) providing the opportunity to test large scale blind targets in a fertile terrane. Figure 6. Drilling at Christmas Creek shows the dominant landscape of shallow transported cover. The next round of significant mineral discoveries is likely to come from under cover, such as at the Christmas Creek Project area. The work by Newmont has discovered multiple mineralised bedrock occurrences under the transported material. 7 Key Terms of the acquisition ▪ Binding Heads of agreement (“Agreement”) to acquire 100% of the issued capital of Archer X Pty Ltd (“Archer”) from the shareholders of Archer; ▪ Tenements: E80/4975, E80/5082, E80/5083, E80/5427, E80/5914 (App) ▪ Agreement is subject to normal condition precedent including :- Trek obtaining any board and regulatory approvals required; - The shareholders of Archer entering into the required escrow deeds; and; - Archer, Trek and where necessary, third parties, entering into any required deeds of assignment in relation to Archer or the tenements at settlement. ▪ The consideration for the acquisition of Archer is :Upfront Consideration i. Payment of $250,000; ii. Cash payment as reimbursement for all costs and expenditure incurred by Archer in respect to the tenements during the period between 17 September 2023 and Settlement; iii. Issue of $500,000 worth of fully paid ordinary shares in the capital of Trek (TKM Shares) based on the 20-day volume weighted average price (VWAP) measured on the date which is two days prior to the date of execution of the agreement; and iv. Payment of a 1.25% net smelter royalty for all minerals produced in respect of the Tenements to the Shareholders of Archer. Under the terms of the Royalty, upon a decision to mine being made at the Tenements, Trek will have the exclusive right to purchase the Royalty for $5,000,000. Deferred Consideration i. Issue of $500,000 worth of fully paid ordinary shares in the capital of Trek based on the 20-day (VWAP) measured on the date which is two days prior to the date of issue; ii. Issued with a floor price of $0.08; iii. Issued on the date that is 12 months from the date of settlement; iv. Any shares issued will be subject to an escrow period of 6 months from the date of issue. Milestone Consideration i. Subject to and conditional upon an announcement by Trek to ASX within 5 years of the date of the Agreement, of the delineation by Trek of a 2,000,000 ounce gold equivalent resource as verified by an independent competent person under the 2012 JORC code (JORC Code), the issue of $5,000,000 worth of fully paid ordinary shares in the capital of Trek based on the 20-day (VWAP) measured on the date which is two days prior to the date of issue: ii. Any shares issued have a floor price of $0.15 and will be subject to an escrow period of 6 months from the date of issue. 8 Trek intends to issue the consideration securities pursuant to its existing Listing Rule 7.1 capacity and intends to use existing working capital funds to pay for the Acquisition. There are no intended changes to the Board as a result of the Acquisition. Trek continues to manage and progress its portfolio of existing projects (as set out in the most recent quarterly report released on 28 July 2023) and will continue to update shareholders in relation to progress at these projects. Authorised by the Board. ENDS For further information contact: INVESTORS: MEDIA: Derek Marshall Nicholas Read dmarshall@trekmetals.com.au info@trekmetals.com.au 0419 929 046 DISCLAIMERS AND FORWARD-LOOKING STATEMENTS This announcement contains forward looking statements. Forward looking statements are often, but not always, identified A words such as "seek", “target”, "anticipate", “forecast”, "believe", "plan", "estimate", "expect" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions. The forward-looking statements in this announcement are based on current expectations, estimates, forecasts and projections about Trek and the industry in which it operates. They do, however, relate to future matters and are subject to various inherent risks and uncertainties. Actual events or results may differ materially from the events or results expressed or implied by any forward-looking statements. The past performance of Trek is no guarantee of future performance. None of Trek’s directors, officers, employees, agents or contractors makes any representation or warranty (either express or implied) as to the accuracy or likelihood of fulfilment of any forward-looking statement, or any events or results expressed or implied in any forward-looking statement, except to the extent required by law. You are cautioned not to place undue reliance on any forward-looking statement. The forward-looking statements in this announcement reflect views held only as at the date of this announcement. COMPETENT PERSONS STATEMENT The information in this report relating to Exploration Results is based on information compiled by the Company’s Chief Executive Officer, Mr Derek Marshall, a Competent Person, and Member of the Australian Institute of Geoscientists (AIG). Mr Marshall has sufficient experience relevant to the style of mineralisation and to the type of activity described to qualify as a competent person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves.” Mr Marshall has disclosed that he holds or controls Shares and Performance Rights in the Company. Mr Marshall consents to the inclusion in this announcement of the matters based on his information in the form and content in which it appears. 9 Table 1. Significant intercepts from AC drilling at the Martin and Zahn Prospects using a >0.5g/t Au cut-off. Hole ID From To Thickness Au g/t GM NEWXCAC196 24 31 7 4.90 34.3 Significant Intercept 7m @ 4.9g/t Au from 24m, including 1m @ 29.6g/t Au from 24m NEWXCAC202 8 12 4 0.62 2.5 NEWXCAC202 12 16 4 0.62 2.5 Intercepts calculated as weighted averages using Au trigger value >0.5g/t, maximum consecutive length of waste of 1m, with a maximum of 2m total length of waste. Table 2. Significant intercepts from RC drilling at the Martin, Zahn & Coogan Prospects using a >0.5g/t Au cut-off. Hole ID From To Thickness Au g/t GM Significant Intercept NEWXCRC003 70 72 2 1.26 2.5 2m @ 1.26g/t Au from 70m NEWXCRC010 44 48 4 0.66 2.6 4m @ 0.66g/t Au from 44m NEWXCRC010 160 162 2 0.59 1.2 NEWXCRC012 72 74 2 9.65 19.3 2m @ 9.65g/t Au from 72m NEWXCRC014 88 91 3 0.79 2.4 NEWXCRC014 114 118 4 1.46 5.9 4m @ 1.46g/t Au from 114m NEWXCRC014 124 126 2 0.56 1.1 NEWXCRC015 4 6 2 1.04 2.1 NEWXCRC015 8 12 4 1.22 4.9 4m @ 1.22g/t Au from 8m NEWXCRC015 137 140 3 2.03 6.1 3m @ 2.03g/t Au from 137m NEWXCRC021 82 84 2 0.58 1.2 NEWXCRC023 126 128 2 0.50 1.0 NEWXCRC029 22 24 2 0.52 1.0 NEWXCRC029 120 122 2 0.63 1.3 Intercepts calculated as weighted averages using Au trigger value >0.5g/t, maximum consecutive length of waste of 1m, with a maximum of 2m total length of waste. 10 Table 3. Significant intercepts from AC drilling at the Martin and Zahn Prospects using a >0.1g/t Au cut-off. Hole ID From To Thickness Au g/t GM Significant Intercept NEWXCAC030 48 60 12 0.11 1.3 NEWXCAC082 16 31 15 0.11 1.6 NEWXCAC107 12 24 12 0.11 1.3 NEWXCAC196 12 32 20 1.77 35.3 20m @ 1.77g/t Au from 12m NEWXCAC202 4 24 20 0.31 6.2 20m @ 0.31g/t Au from 4m Intercepts calculated as weighted averages using Au trigger value >0.1g/t, maximum consecutive length of waste of 6m, with a maximum of 16m total length of waste. Results filtered for intercepts with gram*metre (GM) >1. Table 4. Significant intercepts from RC drilling at the Martin, Zahn & Coogan Prospects using a >0.1g/t Au cut-off. Hole ID From To Thickness Au g/t GM Significant Intercept NEWXCRC002 158 176 18 0.11 1.9 NEWXCRC003 66 82 16 0.25 4.0 16m @ 0.25g/t Au from 66m NEWXCRC004 164 174 10 0.13 1.3 NEWXCRC009 184 200 16 0.15 2.4 NEWXCRC010 40 58 18 0.22 4.0 18m @ 0.22g/t Au from 40m NEWXCRC010 154 164 10 0.14 1.4 NEWXCRC011 140 150 10 0.10 1.0 NEWXCRC012 66 80 14 1.41 19.7 14m @ 1.41g/t Au from 66m NEWXCRC014 112 132 20 0.37 7.4 20m @ 0.37g/t Au from 112m NEWXCRC014 82 100 18 0.17 3.0 NEWXCRC015 82 120 38 0.22 8.3 38m @ 0.22g/t Au from 82m NEWXCRC015 4 28 24 0.34 8.2 24m @ 0.34g/t Au from 4m NEWXCRC015 137 148 11 0.66 7.3 11m @ 0.66g/t Au from 137m NEWXCRC015 38 52 14 0.11 1.5 NEWXCRC015 58 68 10 0.10 1.0 NEWXCRC016 173 184 11 0.10 1.1 NEWXCRC021 58 92 34 0.18 6.0 34m @ 0.18g/t Au from 58m NEWXCRC022 168 190 22 0.14 3.1 NEWXCRC023 104 122 18 0.16 3.0 NEWXCRC023 120 144 24 0.12 2.9 NEWXCRC023 94 102 8 0.12 1.0 NEWXCRC025 94 104 10 0.10 1.0 NEWXCRC026 166 178 12 0.13 1.5 NEWXCRC026 134 144 10 0.15 1.5 NEWXCRC026 192 204 12 0.10 1.2 NEWXCRC029 14 52 38 0.16 6.0 38m @ 0.16g/t Au from 14m NEWXCRC029 114 144 30 0.15 4.4 30m @ 0.15g/t Au from 144m NEWXCRC029 176 188 12 0.11 1.3 NEWXCRC029 94 106 12 0.11 1.3 NEWXCRC029 0 10 10 0.11 1.1 Intercepts calculated as weighted averages using Au trigger value >0.1g/t, maximum consecutive length of waste of 6m, with a maximum of 16m total length of waste. Results filtered for intercepts with gram*metre (GM) >1. 11 Table 5. Collar Table for 2020 RC drilling at the Martin and Zahn Prospects Table 6. Collar Table for 2022 RC drilling at the Coogan Prospect 12 JORC Table Section 1: Sampling Techniques and Data: Criteria Sampling techniques Drilling techniques Drill sample recovery JORC Code explanation • Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling. • Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. • Aspects of the determination of mineralisation that are Material to the Public Report. In cases where ‘industry standard’ work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information. Commentary • Soil sampling was the primary method for generating drill targets at the Project, with sampling and analysis being undertaken by two main methods: o Deep Sensing Geochemistry (DSG): • Drill testing was undertaken by Aircore (AC) & Reverse Circulation (RC): • • Drill type (eg core, reverse circulation, openhole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, facesampling bit or other type, whether core is oriented and if so, by what method, etc). Method of recording and assessing core and chip sample recoveries and results assessed. Measures taken to maximise sample recovery and ensure representative nature of the DSG is a proprietary geochemical method developed at Newmont and is applied in areas with covered terrain. The method is used to map lithologies, regolith variations, alteration, and mineralisation at depth based on the analysis of materials obtained in the area of interest. Details about the method are proprietary to Newmont and involve nonconventional aspects of field collection, analytical methods, and data analysis. The samples were shipped to Newmont’s proprietary facility in Denver, USA for processing. Results from the survey require geochemical interpretation to produce products typically quantified by a “score” that reflects geological information of interest such as lithology, alteration, mineralisation,etc. Newmont’s DSG technique is proprietary, and the data and methodology are commercial in confidence. All figures within the main body of the announcement relating to surface geochemistry are utilising the DSG dataset. o Conventional: A conventional soil sampling program was also undertaken at Martin to confirm the replication of the DSG sampling results. A soil sample was collected from each sample site using a hand shovel, and the soil passed through a sieve. Each soil sample was generally collected over a 30cm x 30cm area, from an average depth of 30cm. Soil samples were submitted to Australian Laboratory Services Pty Ltd (ALS) in Malaga, Western Australia for gold and multi‐element analysis (ME-MS41L, Aqua Regia & LA-ICP-MS). • o 211 AC holes for a total of 7,965m was undertaken at the Martin and Zahn Prospects in 2019, utilising Strike Drilling’s track mount X350 drill rig. Samples were collected as 4m composite samples, and a final metre interval at the bottom of every drillhole was collected. The collected rock chip samples were submitted to ALS in Malaga, Western Australia and were analysed for gold. Multi-element analysis was also undertaken on the final metre interval on every drillhole. o 20 RC holes for a total of 3,934m was undertaken at the Martin (17 holes) and Zahn (3 holes) Prospects in 2020. 19 RC holes for a total of 3,642m was undertaken at the Coogan Prospect in 2022. In both drill programs drill cuttings were collected during drilling through a cyclone into a calico bag as 2 m composite samples for approximately 3-4 kg of sample. These samples were submitted to ALS in Malaga, Western Australia for gold and multi‐element analysis. Reverse circulation drilling recoveries were good, with any issues noted by geologist and recorded in the database. There was no observed relationship between sample recovery and grade. 13 Criteria Logging Sub-sampling techniques and sample preparation Quality of assay data and laboratory tests JORC Code explanation samples. • Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material. • Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies. • Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography. • The total length and percentage of the relevant intersections logged. • If core, whether cut or sawn and whether quarter, half or all core taken. • If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. • For all sample types, the nature, quality and appropriateness of the sample preparation technique. • Quality control procedures adopted for all subsampling stages to maximise representivity of samples. • Measures taken to ensure that the sampling is representative of the in-situ material collected, including for instance results for field duplicate/second-half sampling. • Whether sample sizes are appropriate to the grain size of the material being sampled. • • • The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total. For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc. Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established. Commentary • All geological and sample logs were captured digitally in Newmont’s proprietary logging system, Visual Logger, using the Yandal system. Data now resides within Newmont’s Global Exploration Database (GED) and can be exported as .csv. • All chips were retained in trays photographed. Spoil piles were also photographed. • AC cuttings were collected during drilling through a rig mounted cyclone with a hydraulic actuated gate to allow only individual metres to pass into a bucket at any one time. This primary bulk sample captured by bucket was then placed in rows of 20 on the ground immediately adjacent the drill rig. From these primary sample piles, material for assay was collected as follows: o Individual meter samples were collected for the ‘Bottom of Hole’ (BOH) metre. o 4m composite sampling from ‘Top of Hole’ (TOH) to BOH (excluding the last metre) was conducted using a PVC spear. This was done by starting at the base of the pile and drawing up to the peak, to ensure a representative sample is collected. • RC drill cuttings were collected during drilling through a cyclone into two bags. RC samples were homogenised using a riffle splitter, with samples collected as 2 m composites and approximately 3‐4kg of sample. • Sample sizes are considered appropriate for the material and analysis method. • Publicly available information on Deep Sensing Geochemistry (DSG) is provided under Sampling techniques of this table. It is considered an appropriate method to analyse transported cover sequences in the search of concealed bedrock mineralisation. • Conventional soils were analysed by Australian Laboratory Services Pty Ltd (ALS) in Malaga, Western Australia for gold and multi‐element analysis (ME-MS41L, Aqua Regia & LA-ICP-MS). • Drill samples were analyzed by screen fire assay for Au and fusion with ICP finish for multi-element analysis (ME-MS61L, Au-ICP22) at ALS in Malaga. These techniques are considered full digest and appropriate for the elements of interest. • Gold standards were inserted at a frequency of one per 50 samples and blanks inserted every 50 samples. Duplicate samples were requested every 50 samples. 14 Criteria Verification of sampling and assaying Location of data points Data spacing and distribution JORC Code explanation • The verification of significant intersections by either independent or alternative company personnel. • The use of twinned holes. • Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols. • Discuss any adjustment to assay data. • Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation. • Specification of the grid system used. • Quality and adequacy of topographic control. Commentary • There have been no twinned holes. • • • Orientation of data in relation to geological structure • Sample security • Audits or reviews • • • All company data has bee