Announcement PDF Dart Mining NL ABN: 84 119 904 880 Level 6, 412 Collins Street Melbourne VIC 3000 Contact: James Chirnside Email: jchirnside@dartmining.com.au Mobile: +61 447 447 613 Webpage: www.dartmining.com.au LinkedIn: Dart Mining NL Twitter: @DartMining 1 ASX Release 20 August 2026 DTM TO ACQUIRE WA GOLD PROJECT AND SECURES FIRM COMMITMENTS FOR $2M PLACEMENT HIGHLIGHTS • Dart Mining NL (ASX: DTM) has entered into a binding agreement to acquire a 100% interest in one (1) granted tenement and seven (7) tenement applications comprising an area of 865km2 in the Yamarna district of Western Australia. • The package comprises Yamarna South (320km²) and Yamarna North (545km²), strategically located within the highly gold-endowed Yamarna district and approximately 25km west of the 8Moz Gruyere Gold Mine owned by Goldfields1,2,3 . • The Project is considered prospective for gold and lithium, with its large-scale tenure and favourable geological setting providing a pipeline of multiple targets for follow-up exploration and drilling. • Low Cost, equity-aligned acquisition comprising a mixture of scrip and cash consideration, as well as the grant of a net smelter return royalty. • Acquisition remains subject to satisfaction of conditions precedent, including the completion of due diligence investigations to the reasonable satisfaction of DTM. • DTM has received firm commitments from professional and sophisticated investors for a two-tranche placement to raise $2 million (before costs), which includes an aggregate $60,000 commitment from DTM directors. • Placement proceeds will be used to undertake exploration and assessment across the Yamarna Projects and Dart Mining’s existing portfolio, including data compilation, target generation, field mapping, geochemical and geophysical surveys, and first-pass and follow-up drilling of high-priority targets. Dart Mining NL (ASX:DTM) (Company or DTM or Dart Mining) is pleased to announce that it has entered into a binding share purchase agreement for the acquisition of 100% of the issued capital of EE II Pty Ltd and EE IV Pty Ltd (together, the Targets) (Acquisition) which, collectively, hold one (1) granted exploration licence and seven (7) exploration licence applications located in the Yamarna district of Western Australia (together, the Project). 1 Goldfields Annual Report 2025 2 Goldfields media release 28 January 2025 3 Gold Road ASX Release 23 January 2025 2 DART MINING’S CHAIRMAN, JAMES CHIRNSIDE, COMMENTED: “This acquisition delivers Dart Mining a district-scale, 865km2 land opportunity in the highly prospective Yamarna district, including the Yamarna Shear Zone and Yamarna Greenstone Belt. Similar crustal-scale structures are associated with significant gold systems in the region, including the Gruyere deposit. Despite this exceptional geological setting, the project remains substantially underexplored. This acquisition provides our shareholders with genuine discovery opportunity in a Tier-1 jurisdiction, and we look forward to applying a systematic, model-driven exploration approach to unlock the project’s potential.” Figure 1: Yamarna North and Yamarna South Project Location. 3 YAMARNA SOUTH (E38/4045 & 4046) | 320KM2 Overview: • 65km of strike along the Yamarna Shear Zone (YSZ) – significantly underexplored, gold- fertile structure with 9Moz discovered regionally4 . • Strategically located near major gold operations, including the 8Moz Gruyere (~25km to the west) and the +5Moz Tropicana5 (~100km to the southeast). • Neighbouring Goldfields’ 1Moz Attila Trend1 , a major 33-kilometer-long gold exploration and resource target. • Dual commodity upside: gold and lithium potential from the same historical datasets. Historical Exploration: • Broad-spaced auger (1.6km x 0.4km) outlines > 20km-long Au trend, never followed up. • Pathfinders (Mo-As-Bi-Ag) and alteration indicate large hydrothermal systems. • Historical AC drilling too broad to be meaningful (3.2km-spaced lines, 400m spaced holes). • Elevated Li-Rb-Cs-Nb (>100ppm Li2O) in line with major Li districts indicates additional LCT pegmatite potential. Next steps: Infill auger and geophysics to define high-confidence drill targets. YAMARNA NORTH (E38/4047-48, 4051-54) | 545KM2 Overview: • Multiple advanced targets in a proven gold system but effectively undrilled due to shallow sand cover (<2m) in places and ineffective earlier methods. • Major structural jog in the YSZ – a large flexure in the shear zone creates dilatational zones and secondary structures favourable for gold deposition. • Intrusion-related targets – discrete magnetic “bullseye” anomalies interpreted as syenite or granitoid intrusions like those associated with large IRG systems such as Wallaby. • Multiple independent targets: intrusive, shear-hosted and vein-hosted gold. Historical Exploration: • Rock chips up to 19.9g/t Au at Sail & Anchor and multiple soil anomalies. • Yilly Yilly gold-in-soil anomalies up to 400m long at >10 ppb Au (peak 30 ppb Au), associated with a 2km-long quartz-rich shear zone. • Limited historical drilling was too shallow and widely spaced. • Thin transported cover explains limited exploration (not lack of mineralisation). Next steps: Systematic AC drilling to test priority structures. ACQUISITION SUMMARY 4 Mineral discoveries and occurrences on tenements proximate to or in the vicinity of the Company's tenements are not necessarily indicative of mineralisation on the Company's tenements. The Company cautions investors and potential investors against placing undue reliance on such information when evaluating the prospectivity of the Company's tenement portfolio. 5 Regis ASX Release 23 February 2026 4 The Company has entered into a binding share purchase agreement (Agreement) with the shareholders of each of the Targets (each a Vendor, and together, the Vendors), pursuant to which the Company will acquire 100% of the issued capital of the Targets. The Targets collectively hold 100% of the Project. A summary of the material terms of the Agreement is set out below. 1. Consideration The total consideration for the Acquisition comprises the following: • non-refundable $25,000 exclusivity fee to be paid within 5 business days of execution of the Agreement (Exclusivity Fee); • $50,000 in cash (Cash Consideration); • subject to shareholder approval and rounding of fractional entitlements, approximately 37,647,059 Shares (Consideration Shares), being $320,000 worth of fully paid ordinary shares in DTM (Shares) at a deemed issue price equal to the issue price of Shares under the Placement (defined below), comprising: o 4,705,882 Consideration Shares (Upfront Consideration Shares), being attributable to the one (1) granted exploration licence; and o 32,941,177 Consideration Shares (Deferred Consideration Shares), being attributable to the seven (7) exploration licence applications (each a Pending Tenement, and together, the Pending Tenements); • subject to shareholder approval and rounding of fractional entitlements, 18,823,530 unquoted options on the same terms as the free-attaching options offered under the Placement (Consideration Options), being one (1) Consideration Option for every two (2) Upfront Consideration Shares and Deferred Consideration Shares each Vendor is entitled to receive under the Acquisition; • 1% net smelter return royalty in respect to the Project (Royalty); and • reimbursement of any costs of the heritage and land access agreements for the Project incurred from the execution of the Agreement, subject to the Company’s prior written consent. The Deferred Consideration Shares will be issued in seven equal tranches (each a Deferred Tranche) with each Deferred Tranche being issued upon the earlier of the grant of the Pending Tenement to which it is attributable and the Company disposing of, surrendering, transferring, allowing to lapse or failing to maintain that Pending Tenement or its application (Milestone). The Company will apply to ASX for a waiver of ASX Listing Rule 7.3.4 to allow the Company not to state in the notice of meeting that the Deferred Consideration Shares will be issued within 3 months of the general meeting (Waiver). If the Waiver is not granted by ASX, the Company will be required to seek shareholder approval to issue each Deferred Tranche within 45 days of the date of satisfaction of the Milestone in respect of the relevant Pending Tenement. If valid shareholder approval to issue the Deferred Tranche is not obtained, then the Company must pay the value of that Deferred Tranche in cash to the Vendors. 5 2. Conditions Precedent Completion of the Acquisition is subject to satisfaction (or waiver) of the following outstanding conditions precedent: • the Company completing its due diligence investigations to its reasonable satisfaction within 30 days of the execution of the Agreement (Due Diligence Condition); • shareholders approving the issue of the Consideration Shares, Consideration Options, Placement Shares under Tranche 2 and Placement Options under the ASX Listing Rules; and • the Company and nominated entity of the Vendors executing a royalty deed in respect to the Royalty. The conditions precedent must be satisfied or waived within 6 months of the execution of the Agreement (or as extended by agreement) (Cut-Off Date). The Agreement may be terminated prior to completion by any party if the conditions precedent are not satisfied or waived by the Cut-Off Date. The Company intends to seek the necessary shareholder approvals in respect to the Acquisition and Placement at a general meeting intended to be held in late September 2026 (General Meeting).[ Completion of the Acquisition and Placement is expected to occur shortly following the General Meeting. 3. Technical Advisor It is expected that, following completion of the Acquisition, Cain Fogarty (current director of the Targets) will join the Company as a Technical Advisor, to assist with the planning, implementation and execution of exploration activities across the Project and broader DTM portfolio. PLACEMENT The Company has received firm commitments from professional and sophisticated investors for a two-tranche placement to raise $2,000,000 (before costs) through the issue of 235,294,118 Shares (Placement Shares) at an issue price of $0.0085 per Placement Share (Placement) as follows: • Tranche 1 to raise up to approximately $568,000 (before costs) via the issue of up to 66,844,623 Placements Shares, utilising the Company’s available placement capacity pursuant to ASX Listing Rules 7.1 (40,106,774 Placement Shares) and 7.1A (26,737,849 Placement Shares); and • Tranche 2 to raise up to approximately $1,432,000 (before costs) via the issue of up to 168,449,495 Placement Shares, subject to shareholder approval. Directors of the Company will participate for a total of $60,000 (subject to shareholder approvals), which will settle in Tranche 2. 6 Placement participants will also be entitled to receive one (1) free-attaching unquoted option for every two (2) Placement Shares subscribed for and issued under the Placement (Placement Options). The Placement Options will be exercisable at $0.011 each and expire on 30 September 2029. The issue of the Placement Options is subject to shareholder approval. The offer price of $0.0085 per New Share represents a discount of: • 22.7% to the Company’s last closing price of $0.011 on 17 August 2026; and • 24.1% to the Company’s 15-day VWAP of Shares ($0.0112). The Placement is not conditional on the Acquisition completing. Accordingly, if the Acquisition does not complete, the Company will use all funds raised from the Placement towards exploration activities at its existing projects, accretive project M&A growth and working capital. Discovery Capital Partners Pty Ltd and Zerp Capital Pty Ltd acted as joint lead managers to the Placement (Joint Lead Managers). Subject to shareholder approval, the Company has agreed to issue the Joint Lead Managers: • up to 23,529,412 Shares and 129,411,765 options on the same terms as the Placement Options, as partial consideration for the provision of lead manager services; and • up to 4,647,059 Shares and 2,323,530 options on the same terms as the Placement Options, as a referral fee in respect to the Acquisition, (together, the Broker Securities). USE OF FUNDS Proceeds from the Placement will be applied towards: • Subject to completion of the Acquisition: o initial exploration and assessment work at the Project, including data compilation, target generation and planning of first pass drilling programs; and o costs associated with the Acquisition, including the Cash Consideration; • continuation of field mapping, geochemical and geophysical surveys, and follow up drilling to test high priority targets across the Company’s existing portfolio; • accretive project M&A growth and consolidation opportunities; • costs associated with the Placement; and • general working capital. The proposed use of funds is indicative only and will be subject to modification on an ongoing basis depending on the results obtained from the Company's activities and other factors relevant to the Board's discretion as to use of funding. 7 INDICATIVE TIMETABLE Event Date (2026) Announcement of the Acquisition and Placement Thursday, 20 August Settlement of Placement Shares under Tranche 1 Wednesday, 26 August Issue and quotation of Placement Shares under Tranche 1 Thursday, 27 August General Meeting to approve (without limitation) the issue of the Consideration Shares, Consideration Options, Placement Shares under Tranche 2 and Placement Options Late September Settlement of Placement Shares under Tranche 2 Late September / Early October Issue and quotation of Placement Shares under Tranche 2 Issue of Placement Options Late September / Early October Issue of Upfront Consideration Shares and Consideration Options, and completion of the Acquisition (subject to satisfaction, or waiver, of all conditions precedent) Issue of Broker Securities Early October The dates in this announcement are indicative only and the Company reserves the right to vary the timetable at any time before the issue of the relevant securities without notice, subject to the ASX Listing Rules and the Corporations Act and other applicable laws. The commencement of trading and quotation of Shares is subject to ASX confirmation. The Company gives no assurance that such quotation will be granted. Nothing contained in this announcement constitutes investment, legal, tax or other advice. Investors should seek appropriate professional advice before making any investment decision. All amounts are in Australian dollars unless otherwise indicated. This announcement has been authorised for release by the Board. For more information please contact: James Chirnside Managing Director Dart Mining NL jchirnside@dartmining.com.au +61 419 605 842 InvestorHub Link Terry Bates Director Dart Mining NL tbates@dartmining.com.au 8 Compliance Statements The information in this report that relates to Exploration Results in respect of the Project to be acquired pursuant to the Acquisition is based on, and fairly represents, information compiled by Mr Cain Fogarty, who is a current Member of the Australian Institute of Geoscientists (AIG). Mr Fogarty does not own securities in DTM. Mr Fogarty is a director of each of the Targets, a seller, and the incoming Technical Advisor. Mr Fogarty has sufficient experience, which is relevant to the style of mineralisation and types of deposit under consideration and to the activities undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code of Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Fogarty consents to the inclusion in the report of the matters based on the information in the form and context in which it appears. Disclaimer and Forward-Looking Statements This announcement contains forward-looking statements which are identified by words such as ‘believes’, ‘estimates’, ‘expects’, ‘targets’, ‘intends’, ‘may’, ‘will’, ‘would’, ‘could’, or ‘should’ and other similar words that involve risks and uncertainties. These statements are based on an assessment of present economic and operating conditions, and on a number of assumptions regarding future events and actions that, as at the date of this announcement, are expected to take place. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company, the Directors and management of the Company. These and other factors could cause actual results to differ materially from those expressed in any forward-looking statements. The Company has no intention to update or revise forward-looking statements, or to publish prospective financial information in the future, regardless of whether new information, future events or any other factors affect the information contained in this announcement, except where required by law. The Company cannot and does not give assurances that the results, performance or achievements expressed or implied in the forward-looking statements contained in this announcement will actually occur and investors are cautioned not to place undue reliance on these forward-looking statements. 9 Appendix - Assay Information Historical exploration information surface geochemical results at Yamarna North and broad reconnaissance geochemistry, historical aircore drilling and geophysical targeting at Yamarna South. At Yamarna North, Gold Partners NL reported two outcrop quartz rock-chip samples at Sail & Anchor. Sample 5292 returned a primary assay of 19.86 g/t Au and a repeat assay of 36.8 g/t Au. At Yilly Yilly, historical soil sampling on local grids defined coherent gold-in-soil anomalism, including anomalous zones up to approximately 400 m long at >10 ppb Au and a peak sample of 30 ppb Au (30 ppb repeat). At Yamarna South, Breaker Resources undertook reconnaissance multi-element auger geochemical sampling on a broad 1,600 m x 400 m pattern. The historical program defined a large, coherent gold-in-soil trend extending for more than 20 km. The auger samples were analysed for a broad multi-element suite including Au, Li, Rb, Cs and Nb, together with gold pathfinder elements including Mo, As, Bi and Ag. The same historical geochemical dataset contains elevated Li-Rb-Cs-Nb values and is the basis for the lithium potential referred to in the report. Historical aircore drilling referred to was reconnaissance in nature and too widely spaced to systematically test the broad geochemical trends. Historical exploration reports describe approximately 3.2 km-spaced drill lines and approximately 400 m-spaced holes. No individual aircore assay result is reported or relied upon in this announcement. Gold Road WAMEX report A97586 separately confirmed historical aircore drilling in the Yamarna South area amounted to 18 holes for 300 m. This announcement refers to discrete magnetic 'bullseye' anomalies at Yamarna North interpreted as possible syenite or granitoid intrusions. No quantitative magnetic response is reported in this announcement. Historical Exploration Information The exploration results and historical exploration information presented in this announcement have been compiled from publicly available reports lodged with the Western Australian Department of Mines, Petroleum and Exploration and available through the WAMEX database, principally reports A39746 and A43184 for Yamarna North and relevant Breaker Resources and Gold Road Resources reports for Yamarna South, including A102828, A122517 and A97586. Interested readers are encouraged to refer to the original WAMEX reports for the underlying data, methodologies, plans and supporting information. The Competent Person has reviewed the available historical information and considers it sufficient for the purposes of reporting the matters presented in this announcement. However, the Competent Person did not supervise the historical exploration activities and cannot independently verify all aspects of the historical sampling, analytical procedures, QA/QC, survey methods or other field practices. The Competent Person accepts responsibility for the compilation and presentation of the historical information in this announcement, but not for the conduct of the historical exploration activities or the accuracy and completeness of records that cannot now be independently verified. Prospect / sample Sample type / spacing Reported Au result Source / comment Sail & Anchor – 5291 Outcrop quartz rock chip from massive quartz vein structure <0.01 g/t Au WAMEX A43184; location shown on Plan 6. 10 Sail & Anchor – 5292 Outcrop quartz rock chip from massive quartz vein structure 36.80 g/t Au WAMEX A43184; location shown on Plan 6. Sample is one of two outcrop quartz samples collected a few hundred metres north of the historical grid reference point described in the source report. Yilly Yilly grid Soil sampling on 200 m x 50 m or 400 m x 50 m local grids; anomalous areas infilled to 100 m x 50 m Main anomalous zone in SE of grid, trending generally north; significant sample SD2108160 returned 30 ppb Au (30 ppb repeat) WAMEX A39746. Samples collected by mattock or hand auger, sieved to -60 mesh; 100–300 g sample. Low-level Au by fire assay at SGS Perth, 1 ppb detection limit. Yilly Yilly grid lines were oriented at 60°. Yilly Yilly – SD2108160 Soil sample; local grid coordinate 21000N / 81600E 30 ppb Au; repeat 30 ppb Au Listed in A39746 Table 1 as a significant soil result. The report states the Yilly Yilly main anomaly occurs in the south-east corner of the grid and trends generally north. Yamarna South – Breaker auger program Multi-element auger geochemistry; reconnaissance 1,600 m x 400 m pattern >20 km-long coherent Au-in- soil trend Breaker Resources historical WAMEX reporting. Samples collected at approximately 0.5–1.0 m depth, sieved to -75 µm and analysed as a broad multi-element suite. Yamarna South – multi-element geochemistry Historical auger / geochemical dataset Elevated Li-Rb- Cs-Nb geochemistry; report refers to >100 ppm Li2O Analytical suite included Au, Li, Rb, Cs and Nb together with Mo-As-Bi-Ag and other elements. The lithium interpretation is secondary to the original gold-focused exploration and requires modern verification. Yamarna South – historical AC context Reconnaissance aircore; report describes ~3.2 km- spaced lines and ~400 m-spaced holes No individual AC assay result reported Included only to support the statement that historical drilling was too widely spaced to systematically test the targets. Gold Road WAMEX A97586 dated 2013 confirms 18 historical AC holes for 300 m were drilled in May 2008. Yamarna North – magnetic targets Historical aeromagnetic interpretation Discrete magnetic 'bullseye' anomalies; no assay result WAMEX A92411 and A103487 provide supporting historical aeromagnetic context for the Lake Wells / northern Yamarna area. A92411 records reprocessing and interpretation of four historical aeromagnetic datasets, including 50 m and 200 m line-spaced surveys, and identifies discrete 'bulls-eye' magnetic highs and other structural/intrusive targets. A103487 records combined regional and detailed aeromagnetic interpretation used to map concealed greenstone belts, faults and intrusive bodies. The report interprets discrete magnetic 'bullseye' anomalies as possible syenite or granitoid intrusions; no quantitative magnetic response is reported. Sail & Anchor – rock-chip sampling WAMEX A43184 reports rock-chip sampling of massive quartz vein structures. Samples 5291 and 5292 are located on Plan 6 (reproduced below) rather than being assigned tabulated AMG coordinates. The report summary gives <0.01 g/t Au for 5291 and 36.80 g/t Au for 5292. The appended laboratory analytical report records an initial 19.86 g/t Au determination for 5292; the historical report subsequently cites 36.8 g/t Au for that sample. Accordingly, both the initial 19.86 g/t result and the reported repeat/final 36.80 g/t result are shown below. Sample Sample type Easting Northing Au result Coordinate system / source 5291 Outcrop quartz rock chip Not tabulated Not tabulated <0.01 g/t Au Location shown on Plan 6, WAMEX A43184 5292 Outcrop quartz rock chip Not tabulated Not tabulated 19.86 g/t Au initial; 36.80 g/t Au reported repeat/final Location shown on Plan 6, WAMEX A43184 11 Yilly Yilly – significant soil results WAMEX A39746 Table 1 lists the following significant soil results. Samples were numbered using an active local-coordinate system; for example, SD2108160 translates to 21000N / 81600E. The report does not identify these local coordinates as AMG/MGA coordinates, so they are reproduced as local-grid coordinates only. Soil samples were assayed for low-level Au by fire assay at SGS Laboratories, Perth (1 ppb detection limit). 12 Sample No. Northing Easting Au (ppb) Au repeat (ppb) Coordinate system SD2108160 21000 81600 30 30 Yilly Yilly local grid SD1548110 15400 81100 56 85 Yilly Yilly local grid SD1428155 14200 81550 32 38 Yilly Yilly local grid SD1408105 14000 81050 49 45 Yilly Yilly local grid SD1408120 14000 81200 42 29 Yilly Yilly local grid SD1408160 14000 81600 110 100 Yilly Yilly local grid SD1408165 14000 81650 42 54 Yilly Yilly local grid SD1288150 12800 81500 40 44 Yilly Yilly local grid SD1248140 12400 81400 31 23 Yilly Yilly local grid SD1248150 12400 81500 185 145 Yilly Yilly local grid SD1248160 12400 81600 35 30 Yilly Yilly local grid SD1128110 11200 81100 160 137 Yilly Yilly local grid SD1068165 10600 81650 29 42 Yilly Yilly local grid SD1068170 10600 81700 37 Yilly Yilly local grid SD1228150 12200 81500 68 70 Yilly Yilly local grid SD1378155 13700 81550 43 29 Yilly Yilly local grid SD1418180 14100 81800 33 25 Yilly Yilly local grid Source notes. A39746 states that 2,195 soil samples were collected and assayed in the broader program; the table above reproduces the report's Table 1 'Significant Soil Results', rather than all 2,195 samples. Yilly Yilly soil results are also shown on A39746 Plan 5, reproduced below. 13 JORC Code (2012) Table 1 Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections.) Criteria JORC Code explanation Commentary Sampling techniques • 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. Historical exploration results reported here comprise surface rock-chip sampling at Sail & Anchor and soil sampling at Yilly Yilly. At Sail & Anchor, rock-chip samples were collected from massive outcropping quartz vein structures. At Yilly Yilly, soil samples were collected on local grids using a mattock or hand-held auger depending on depth of cover, sieved to -60 mesh, with approximately 100–300 g collected per sample. Initial soil spacing was 200 m x 50 m or 400 m x 50 m, with anomalous areas infilled to 100 m x 50 m. The historical reports do not document whether the rock-chip samples were continuous, channel, grab or otherwise systematically representative; accordingly the high-grade rock-chip result should be regarded as a selective surface sample and not as representative of an average mineralised width. Yamarna South: Breaker Resources undertook multi-element auger geochemical sampling on a reconnaissance 1,600 m x 400 m pattern. Samples were collected from approximately 0.5–1.0 m depth using a vehicle-mounted auger. Approximately 5 kg of material was collected and sieved to -75 µm (200 mesh), with a minimum ~80 g retained for analysis. Drilling techniques • Drill type (eg core, reverse circulation, open- hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc). No drill-hole assay result is reported in the results table. Historical aircore drilling is referred to only to provide context for the statement that previous drilling was too widely spaced to systematically test the geochemical targets. The report describes approximately 3.2 km-spaced drill lines and approximately 400 m-spaced holes. Breaker report A102828 records aircore drilling at 400 m spacing to blade refusal in part of the historical project area. Gold Road report A97586 records 18 aircore holes for 300 m drilled by Raglan Drilling in May 2008. No AC results are reported in this announcement. Drill sample recovery • 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 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. Not material to the Exploration Results reported because no aircore assay intercept is reported. Historical drill-sample