Announcement PDF ASX Release 4 March 2025 TRIUMPH RESOURCE GROWS TO 150KOZ GOLD. Dart Mining NL (“Dart” or the “Company”) is pleased to announce a JORC Mineral Resource update of its recently acquired Triumph project in Queensland. The update takes advantage of previously reported exploration drilling by Sunshine Metals Limited (ASX: SHN) (Sunshine) after their initial reporting of the maiden JORC (2012) resource in 2022. HIGHLIGHTS • Triumph Mineral Resource Estimate (MRE) has been increased to 2.16Mt @ 2.17g/t Au for 150koz gold at a 1g/t Au cut-off; • The increase represents an 7% uplift in grade and a 27% uplift in contained gold ounces. • Drilling information that underpins the MRE update was collected by previous operators and effectively reduces Dart’s acquisition cost per ounce from $17.0/ounce to $13.3/ounce. • Resource represents attractive open pittable targets with 43% of gold ounces within the first 50m at 2.18 g/t Au grade, and 77% of gold ounces within the first 100m at 2.10 g/t Au grade; • All Resources are open along strike and at depth and are expected to grow steadily over 2025. • Drilling is currently underway to both expand and upgrade MRE at New Constitution. At an alternative cut-off of 0.5g/t Au, the estimation boasts an impressive 3.35Mt at 1.7g/t Au for a total of 178koz and would represent a 51% increase in contained gold ounces highlighted by Grade Tonnage Curve analysis (Figure 2). Dart is pleased with the uplift in ounces, but more importantly the increase in grade which was primarily delivered from new intercepts at Bald Hill and the Constitution prospects. A summary breakdown of the Mineral Resources for Triumph is outlined in Table 1 below. The North and South Corridor deposits, as well as other prospects within the Triumph project is shown in Figure 1. 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|Page Table 1: Summary of Triumph Mineral Resource Estimate as at 3rd March 20251. Corridor Prospect Category Tonnes (Mt) Grade (g/t) Big Hans Inferred 0.46 2.30 New Constitution Inferred 0.86 2.08 Southern Corridor South Constitution Inferred 0.19 2.40 Super Hans Inferred 0.29 1.78 Sub-total Inferred 1.80 2.12 Northern Corridor Bald Hill Inferred 0.35 2.39 Total Inferred 2.16 2.17 Contained Au (troy ounces) 33,903 57,635 14,803 16,553 122,894 27,197 150,091 Dart’s observations on the steadily increasing gold price and strong outlook for gold means that Dart will consider focused preliminary economic studies for the next major Mineral Resource iteration with the intent determine a more focus, sub-deposit specific cut-off grade where appropriate. Figure 1 – Plan map showing extents of February 2025 MRE update as well as broader prospects to evaluate. 1 Mineral Resources are reported at a 1 g/t Au cut-off and differences in table may occur in totals due to rounding. 2|Page Triumph Feb 2025 Grade Tonnage Curve Alternative cut-off grade shows Triumph estimation at 3.35Mt @ 1.7g/t Au for 178koz gold 4.50 4.00 3.50 3.00 2.50 Tonnes (Mt) 3.00 2.50 2.00 2.00 1.50 1.50 1.00 Average Grade Au (g/t) 3.50 1.00 0.50 0.50 Tonnes (Mt) Grade - 0.25 0.5 0.75 1 1.25 1.5 1.75 2 Cut-off Grade Au (g/t) Figure 2 – Grade tonnage curve for Triumph Feb 2025 MRE highlighting contained ounces at 0.5g/t Au cut-off. Darts Chairman, James Chirnside, commented: “Dart is pleased to update shareholders with an updated MRE for the Triumph project. Taking into account the addition drilling completed prior to acquisition and applying those results through the resource update, Dart has effectively reduced our acquisition cost on a dollar per ounce basis. Dart will continue on with its preliminary 7,000m diamond drilling programme through 2025 to continue to grow the resource and upgrade the JORC classification. Diamond drilling is progressing well with the company looking forward to updating shareholders on results in Q1 2025.” EXPANSION FOCUS – NORTH AND SOUTH CORRIDOR Existing drill intercept highlights are shown on Figure 3 for the Southern Mineralised Corridor including the Super Hans, Big Hans, New Constitution and South Constitution resource blocks. Existing drill intercept highlights are shown on Figure 4 for the Northern Mineralised Corridor including the Bald Hill resource block and historic Advance mine area. Both areas highlight strong geophysical extensions which is shown in the background of Figure 3 and Figure 4 by the chargeability (ASX: MBK Nov 2016, MBK Jan 2017) as well as historical and current drilling intercepting high grade material. These areas will be a focus for Mineral Resource growth as Dart works through the numerous targets at Triumph. 3|Page Figure 3 – Existing drill intercept highlights for the Southern Mineralised Corridor including (east to west) the Super Hans, Big Hans, New Constitution and South Constitution resource blocks with chargeability (geophysics) maps as the background. Figure 4 - Existing drill intercept highlights the Northern Mineralised Corridor including the Bald Hill resource block, Bald Hill East and historic Advance mine area with chargeability (geophysics) maps as the background. RESOURCE – SUPPORTING INFORMATION Regional Geology The Triumph Gold Project is located within Yarrol belt of the Wandilla Province (New England Orogen), where late Permian to Middle Triassic leucocratic intrusives are scattered throughout Devonian and Carboniferous sediments. It is within one of these intrusives, the Norton Tonalite, where Triumph is centred. Lithology The delineated Triumph Resource is located within the Norton Tonalite. The Norton Tonalite is a phaneritic intrusive primarily comprised of plagioclase and quartz, with lesser amounts of primary k-feldspar and biotite. The Tonalite is of Late Permian age to Early Triassic age and is intruded into Late Devonian sediments of the Wandilla Formation. Further Permian intrusives, such as the Many Peaks Granite and associated gabbros, are in contact with the Norton Tonalite to the south and east. 4|Page On a local scale, the Norton Tonalite is dissected by numerous brittle faults and shears, as well as common minor mafic intrusive dykes of dolerite to basaltic composition. Whilst known to be barren, the relationship between the mafic dykes and the mineralisation is yet unclear. A distinct low magnetic signature at the core of the Norton Tonalite likely relates to a different intrusive phase, which is yet to be drill tested. Structure The Norton Tonalite is sinistrally offset (in plan) by ~1.8km, by the northwest-trending Norton / Yarrol Fault – a semi-regional fault which is traced for over 28km. Whilst the fault is clearly postintrusive, it remains unclear whether the fault was active at the time of gold mineralisation. On a local scale, the Norton Tonalite dissected by two distinct fracture orientations which are both known to host gold mineralisation. One fracture set is broadly east-west striking, the other northwest-southeast striking. Both fracture orientations are likely to have formed contemporaneously. Alteration and Mineralisation Gold mineralisation is hosted within quartz-sulphide veins and is broadly associated with pyrite and arsenopyrite. The veins typically show a sericite (-chlorite) alteration halo, however this appears to be more associated with the quartz veining itself rather than sulphides. Targeted drilling during recent programs has focussed on an area known as the “Southern Corridor”. The Southern Corridor comprises historical workings including Big Hans, Super Hans, New Constitution, South Constitution and Brigham Young. The Big Hans area is a mineralised trend which strikes southeast from the third-party mining lease boundary for ~650m. This trend has a number of historical workings. Super Hans is an east-west trending zone which continues over 300m. The main zone strikes eastwest whilst possible secondary trends are aligned west-northwest. It is possible that the Big Hans trend either merges into or is terminated by the Super Hans trend. To the east, it is hypothesised that the mineralisation is terminated, or more likely offset by, the Norton Fault. The New Constitution trend also consists of a number of workings in a southeast orientation. The trend largely consists of two worked zones – a southern and northern. The southern area sits at the confluence of an east-west trend known as South Constitution. The northern area is located ~320m northwest and encompasses an area also known as Brigham Young, which was also reported as an east-west trending zone. Sampling and Sub-Sampling Techniques Drill hole data has been composited downhole prior to the geostatistical analysis, continuity modelling and grade estimation process. A 1m sample composites was used which comprises over 99% of the raw sample lengths, in order to minimise any bias due to inconsistent sample lengths. Data used comprises Sunshine Gold’s reverse circulation and diamond drilling and historical reverse circulation and diamond drilling from various operators. 5|Page Drilling Techniques RC drill holes were collared using an 8-inch hammer bit to a depth of 10m and then reduced to 5.5inch for the remainder of the hole. The metre samples were delivered as an 87.5% (bulk sample) to 12.5% (laboratory sample) split. The laboratory sample was collected in a calico bag, pre-numbered with a sample ID. The bulk sample was collected in plastic green bags which were pre-numbered with meterage intervals. The bulk sample was then speared, sieved and washed and then logged by the rig geologist, who recorded the lithology, alteration, mineralisation, veining, structure and oxidation. A small representative sample of the interval was then placed into a plastic chip tray which was marked with the corresponding hole ID and metre interval. Diamond drilling was HQ size core. Core was orientated where possible then geologically logged and photographed prior to cutting. Core was half sawn along a cut line when present and collected in plastic bags with a pre-numbered sample tickets. HQ core was quarter sawn for field duplicate analysis as per QAQC protocols. The Mineral Resource is determined from 226 RC and 18 diamond drill holes and is tabulated in detail in Appendix 3. Sample Analysis Method All samples are crushed, dried, pulverised to a nominal 75μm to produce a 50g sub sample for analysis by Fire Assay/Atomic Absorption Spectroscopy. A further 10 elements (Ag, As, Bi, Cd, Cu, Fe, Pb, S, Sb and Zn) are routinely assayed for using a four-acid digest with an ICP-AES finish. Estimation Methodology Geological wireframes were produced in Leapfrog. The assay data was then hard boundary composited to limit high-grade or low-grade smearing across individual shears or veins. Variography, ordinary kriging and block model estimation was completed using Leapfrog Edge. Cut-Off Grade Resource wireframes were modelled to 0.25 g/t Au to maximise geological continuity of the veining. Resources are reported at a 1.0 g/t Au lower cut-off grade which is deemed acceptable based on approximate industry costings associated with open pit mining and the resultant 2.17g/t Au Mineral Resource. Mining and Metallurgical and Other Modifying Factors Considered Over 75% of the mineral resource estimate is shallower than 100m depth making these mineral resource estimates appropriate for open-cut mining consideration. Block continuity at the 1g/t cutoff grade is good, with limited isolated “pods” where gold grade is greater than 1g/t gold. Assumptions made on mining methods for the purpose of this mineral resource were truck and shovel, open-pit mining operations. No mining dimensions or dilution were considered. Previous metallurgical test recoveries from New Constitution and Advance cores shows high gold flotation amenability with an average flotation recovery from the two tests holes of 97.6%. Dart has reviewed this test work and satisfied with the representivity of those results given their similar performance to earlier test work. Dart and will continue to collect suitable core samples to further evaluate metallurgical performance of the Triumph ores. 6|Page Classification All Resources are currently classified as Inferred. Drill hole intercepts with downhole survey and assay results (point of observation) is reviewed along strike for continuity of grade and thickness. Where mineralisation continuity is proven with drilling with up to 40m drill hole spacings, these zones have been used to support classification of Inferred Mineral Resources. Figure 5 – Thick slice cross section through New Constitution (South Corridor) MRE and drill hole assays. Cross section represents typical grades and shape of mineralisation and shows the distribution of grades within the MRE for New Constitution. 7|Page Figure 6 – Thick slice cross section through Bald Hill (North Corridor) MRE and drill hole assays. Cross section represents typical grades and shape of mineralisation and shows the distribution of grades within the MRE for Bald Hill. NEXT STEPS At the Triumph Gold Project, Dart intends to: • Continuation of Diamond drilling programme to expand the existing resources along strike and at depth in accordance with Table 2 below; • Undertake regional exploration, targeting the project area, as well as testing bulk tonnage targets; • Continue to review and identify additional prospective target zones for exploration at Triumph in addition to existing resource areas; and Continue to review and identify further advanced projects throughout Central Queensland for potential acquisition or joint venture. • 8|Page Table 2 – Project timelines assuming a single rig operation only Approved for release by the Board of Directors. For more information contact: James Chirnside Managing Director Dart Mining NL jchirnside@dartmining.com.au +61 419 605 842 Owen Greenberger Head of Exploration / Investor Relations Dart Mining NL ogreenberger@dartmining.com.au 9|Page About Dart Mining The Triumph Gold Project is Dart’s first step into an advanced intrusion related gold system project in Queensland. Dart will look to develop a regional presence in Queensland through advanced stage intrusion related and epithermal gold projects. Dart Mining will continue to evaluate several historic goldfields in Central and Northeast Victoria including the Rushworth Goldfield and the new porphyry and lithium province in Northeast Victoria identified by Dart. The area is prospective for precious, base, and strategic metals. Dart Mining has built a strategic and highly prospective gold exploration portfolio in Central and Northeast regions of Victoria, where historic surface and alluvial gold mining indicates the existence of potentially large gold endowment. Competent Person’s Statement The information in this report has been prepared, compiled, and verified by Mr. Owen Greenberger (B.Sc. Geology), a Competent Person who is a Member of the Australian Institute of Geoscientists. Mr. Greenberger is Head of Exploration for Dart Mining. Mr. Greenberger has sufficient experience that is relevant to the style of mineralisation and type of deposits under consideration and to the activity being undertaken 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. Greenberger takes responsibility for the exploration results, and consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. Competent Person’s Statement The information in this report that relates to Mineral Resources is based on information compiled and reviewed by Mr Andrew Dawes, who is a Member of the Australasian Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists. Mr Andrew Dawes is employed by AHD Resources and consults to Dart Mining NL. Mr Andrew Dawes has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Mineral Resources. Mr Andrew Dawes consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. Forward-Looking Statement Certain statements contained in this document constitute forward-looking statements. Forward-looking statements include, but are not limited to, Dart Mining’s current expectations, estimates and projections about the industry in which Dart Mining operates, and beliefs and assumptions regarding Dart Mining’s future performance. Such forward-looking statements are based on a number of estimates and assumptions made by the Company and its consultants in light of experience, current conditions and expectations of future developments which the Company believes are appropriate in the current circumstances. When used in this document, words such as; “anticipate”, “could”, “intends”, “estimate”, “potential”, “plan”, “seeks”, “may”, “should”, and similar expressions are forward-looking statements. Although Dart Mining believes that its expectations presented in these forward-looking statements are reasonable, such statements are subject to known and unknown risks, uncertainties and other factors, which may cause the actual results, achievements and performance of the Company to be materially different from the future results and achievements expressed or implied by such forward-looking statements. Investors are cautioned that forward-looking information is no guarantee of future performance and accordingly, investors are cautioned not to place undue reliance on these forward-looking statements. 10 | P a g e APPENDIX ONE THE TRIUMPH GOLD PROJECT The Triumph Gold Project (Triumph or Project) is located approximately 520km by road north of Brisbane, Queensland, and is well serviced by the coastal port city of Gladstone 80km by road to the north. The Project is comprised of two Exploration Permits: EPM 18486 and EPM 19343 covering an area of 137.6 sq.km or 43 sub-blocks in total. The Company has recently applied for additional area immediately adjacent east of the triumph project with EMP 29097. Figure 7: Location of the Triumph Gold Project Local Geology The Triumph Gold Project is located in the Yarrol belt of the Wandilla Province (New England Orogen), where late Permian to Middle Triassic leucocratic intrusives are scattered throughout Devonian and Carboniferous sediments. Known mineralisation at Triumph is located within one of these intrusive bodies, the Norton Tonalite. The Norton Tonalite is dissected by numerous brittle faults and shears, as well as common minor mafic intrusive dykes of dolerite to basaltic composition. There is a distinct magnetic low signature at the core of the Norton Tonalite which is yet to be drill tested (ASX SHN: Robust Maiden Resource at Triumph Gold Project (31 March 2022)). 11 | P a g e Structure The Norton Tonalite is sinistrally offset by 1.8km by the northwest-trending Norton Fault, which can be traced for over 28km. Initially thought to post date mineralisation, a single drill hole has intersected the interpreted Norton Fault which returned 1m @ 2.9g/t Au and 1m @ 2.2g/t Au (ASX MKB: Triumph Gold Project Update Amended (25 July 2014) indicating that the fault may have been active during the main gold mineralisation event. On a local scale the Norton Tonalite has two distinct fracture orientations that both host gold mineralisation. One fracture set is approximately east-west striking and the other is northwestsoutheast striking. These fracture orientations are likely to have formed contemporaneously (ASX SHN: Robust Maiden Resource at Triumph Gold Project (31 March 2022)). Mineralisation Gold and silver mineralisation is hosted in quartz-sulphide veins with pyrite and arsenopyrite forming the bulk of the sulphide. Calcite is abundant in some lodes and present in most or all of them. Veins typically show sericite-chlorite alteration halos although this appears to be more associated with quartz veining rather than sulphides. Mineralisation at Triumph is interpreted as an intrusion related gold system (IRGS) (ASX SHN: Robust Maiden Resource at Triumph Gold Project (31 March 2022)). Morrison (Intrusion-Related Gold Deposits in North Queensland, GSQ Project final meeting 7th December, 2017) stated that there were over 130 known IRGS in Queensland with 17 of these having resources over 1 million ounces. Sunshine have stated that Triumph is analogous to the Ravenswood IRGS gold deposit which has an endowment in excess of 5 million ounces of gold (ASX SHN: Follow Up Drilling at Liontown (19 June 2024)). Resource Highlights The Project is located across the historic Norton Goldfield and has a current JORC (2012) Mineral Resource Estimate prepared over five prospects in close proximity: Inferred gold resource of 150,091 oz made up of 2,16 million tonnes at a grade of 2.17g/t gold using a 1g/t cut-off (outlined in this announcement. More than 75% of the Triumph Inferred resource is within 100m of the surface and largely located within 1.2km of strike within a 6km long structural corridor (ASX SHN: Follow Up Drilling at Liontown (19 June 2024)). Dart considers that there is potential for proving up mineralisation below current drilling and open pit depths that may result in underground mining options subject to favourable economic studies. 12 | P a g e APPENDIX TWO JORC Code, 2012 Edition – Table 1 Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections.) Criteria JORC Code explanation 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. Commentary • • • • • Drilling has been mostly Reverse Circulation (RC) drilling with some complimentary Diamond Drilling (DD) available for the mineral resource. The drilling has been completed by two companies; Metal Bank Limited (MBK) and Sunshine Gold Limited (SHN). Sampling procedures for RC and core drilling conducted by MBK prior to 2020 are only documented in their ASX announcements under Table 1 and a review of sample lengths for both core and RC indicate similarities with SHN 2020-2023 work. For MBK RC holes 1m samples were collected via a cyclone mounted splitter for all samples. Where moderate to strong alteration was noted the 1m samples was collected for analysis. In less altered samples the 1m samples were split to create a 4m composite sample for analysis and the splitter cleaned with compressed air gun after each interval. From 2020 to 2023, SHN RC drill holes were sampled either as individual, 1 m length samples from the rig split or as composites ranging from 2 – 4 m in length. The sample type was designated as per the Geologist’s discretion – typically unaltered areas were composited, where those deemed to be altered or mineralised were individually sampled. Composite samples were collected by the Field Technician using a spear to provide a quantitative representation of the sample. Individual metre samples were collected as a 12.5% split collected from the drill rig. Both individual and composite RC samples were collected in calico sample bags and grouped into green plastic bags for dispatch (approximately five per plastic bag). These were then taken by SHN to a local freight depot and loaded into cages for transported by freight 13 | P a g e Criteria JORC Code explanation Commentary • • • 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, facesampling bit or other type, whether core is oriented and if so, by what method, etc). • • truck to Intertek laboratory, Townsville. Diamond drill core cutting and sampling was outsourced to ALS Global (ALS) due to SHN not possessing its own sampling facility. Sample length averaged 1 m but was adjusted by the Geologist due to notable geological contacts, structures or due to core loss. ALS were then provided with a simplified version of the cut sheet, which showed all sample intervals and location and type (STD, Dup, Blank) of QAQC samples (but not the specific STD information pertaining to its identification). Calico bags stamped with the corresponding sample IDs were provided to ALS. Typically, sample intervals were a minimum of 20 m either side of the main mineralised zone. However, if mineralisation was sporadic, likely the majority of the drill hole was sampled. All core was half cut by the Technician at ALS to the requirements listed by SHN. For the automated saw, core pieces were taken from the core trays and loaded into the respective-sized core cradles. These were then placed into the core saw feeder and fed through the saw until the cradle emerges into the exit tray. The core was then placed back into the core tray. The core was cut a few mm to the right of the orientation / cut line as to sample the right-hand side (RHS) of the core and to keep the left-hand side with the line intact. The core trays with cut samples were then pushed along roller racks out of the core shed to the sample station. Typically, the core samples were of 1 m length and sampled consistently from the RHS with the samples placed into its designated calico sample bag. Historical exploration at Triumph has been conducted by various companies since 1966 onwards. Drilling has included eight holes drilled by Delhi Australian Petroleum Ltd between 1966 and 1971 and nine holes by Amoco Minerals Australia Company between 1985 and 1988. No other significant drilling in the project area is known. From 2011 to 2019, MBK conducted a substantial exploration program which included 293 RC and 33 DD holes for a total of 21,345 m of drilling. In addition, 1,155 shallow bedrock holes for a total of 6,181m of drilling was completed. 14 | P a g e Criteria JORC Code explanation Commentary • 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. • • • • • From December 2020 to March 2023, SHN drilled 182 RC and four DD at the Triumph project area, including one abandoned RC hole, for a total of 19,403.5 m. The drilling targeted a mineralised trends at the Bald Hill, Super Hans, Big Hans, New Constitution, and Galena areas and explored for possible new extensions around South Constitution and other undrilled areas. Note that the Galena prospect is not included in this mineral resource. During MBK programmes, RC sample recoveries of less than approximately 80% are noted in the geological/sampling log with a visual estimate of the actual recovery. Very few samples were recorded with recoveries of less than 80%. No wet RC samples were recovered. Core recoveries for DD was recorded by measuring the total amount of core between each core block. This was then compared to the recovery noted on the core block by the driller and any errors were rectified. The Rock Quality Designation (RQD) value is calculated by summing the total length of core in the run composed of pieces of core greater than 10 cm in length. The recovery and RQD are both converted to a percentage of the recovery during the data entry phase. At this time, further geotechnical information is recorded such as Longest Unbroken Piece (LUP) and Rock Strength. The LUP is recorded as the longest piece of core within each block-to-block interval. The Rock Strength class is recorded as an average, also between core block to core block. Fracture count involved counting individual fractures within a drill run. If the core was crushed and fractures were too numerous to accurately count, it was given the designation “999” which indicated a highly fractured zone. Core photography from the MBK era core drilling contains core blocks detailing core run recovery but this has not been verified or made available as digitised data. Core photos for MBK and SHN DD are available with “Wet” and “Dry” photos. SHN RC drilling was drilled dry whenever possible to prevent poor recoveries. No relationship has been observed between sample recovery and gold grade. 15 | P a g e Criteria JORC Code explanation Logging • 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 qu