Latest news with #Pilbara
West Australian
2 days ago
- Business
- West Australian
Novo set for busy six months of Pilbara gold-antimony exploration
Novo Resources has given its high-grade Pilbara gold and gold-antimony prospects a solid nudge, including at Sherlock Crossing, where the company has defined a 1.5-kilometre-long soil antimony anomaly with coincident gold. The antimony anomaly of better than 15 parts per million and up to 48.3ppm was identified in Novo's extended sampling south of its initial grid around the historic Clarke Mine. Novo also identified a peak of 85 parts per billion (ppb) gold within the anomaly. The distinctive, coherent, 200-metre-wide anomaly trends north-south within a strongly altered and sheared ultramafic unit, which outcrops intermittently over about 2.3km of strike, before being obscured by colluvial cover further south. It appears to be coincident with the regional-scale Sherlock River Fault, although cover east of the fault has prevented further exploration in that direction. The company says its rock samples from the intensely sheared and altered ultramafic have come up with grades of up to 0.22 per cent antimony, without any significant quartz veining being noted. Novo is planning to drill its Sherlock anomaly in the second half of the year. It will also undertake detailed mapping and sampling to get a better handle on the possible sources of the anomalism and the likelihood of it extending further south. Meanwhile, Novo has recently completed a reconnaissance air core drilling program at its near-coastal Balla Balla project, 75km southwest of Port Hedland. The project straddles a 20km-long section of the regional scale Sholl Shear. Scout drilling is testing concepts in up to 10 separate target areas along the shear and its related splay faults under shallow cover. The regional-scale program entailed 187 air core holes for 5996m along fences of multiple holes set 640m to 2.8km apart. The hole depths range from 5m to 79m in variable cover between 5m and 35m deep and average 22m depth. Sampling included 3m composites down the full length of the holes, which were assayed for gold by fire assay. This was supplemented by a bottom-of-hole sample from each hole, which was assayed for gold and 52 other elements by fire assay and four-acid digest. The work identified seven drill holes exhibiting intense sulphide mineralisation, quartz veining or strong alteration for multi-element analysis. The company is awaiting results from two further holes. Drilling was undertaken along about 5km of the Sholl Shear on six fences and along 4km of the Louden's Fault on four fences centred around Babbage. A further two fences of holes were put in about 2km south of the Sholl Shear at Ramquarry, about 7km northeast of Babbage. The program identified broad zones of low-level anomalism associated with the Sholl Shear, including two hits of better than 80ppb gold at Ramquarry. The best hit yielded 114ppb gold. More anomalies were picked up in the bottom-of-hole samples and in the selected multielement assays, including 1m assaying 96.8 grams per tonne (g/t) silver and 8.1ppm antimony from 28m. Another hole delivered 1m at 182ppm antimony and 6.72g/t silver at a 44m bottom. Novo is still waiting on multielement assay results for the entire hole. Multielement analyses for the full length of a second hole reveal anomalous bismuth, antimony and tellurium from 57m to 78m depth, with peak results of 71.6ppm bismuth, 47.3ppm antimony and 6.23ppm tellurium. Multielement analysis from the full length of a third hole shows anomalous molybdenum, antimony, gold and tellurium from 45m to 74m, peaking at 70ppb gold, 14.50ppm bismuth, 99.7ppm molybdenum, 11ppm antimony and 11.8ppm tellurium. Additionally, a fourth hole nailed 1m assaying 299ppm copper and 24.7ppm antimony from 43m in a bottom-of-hole sample. Finally, a fifth hole bored through 12m going 277ppm copper, 303ppm zinc and 11.5ppm antimony from 30m from the multielement suite down the full hole length. The top gold-silver-bismuth-antimony-copper-moly signatures are present at both Ramquarry and South Babbage, along the Sholl Shear. The results are interpreted as being related to semi-massive pyrite mineralisation, strong silica-chlorite alteration and/or zones of intense quartz veining, which points to significant hydrothermal activity. Novo sees its peak silver values as being related to an interpreted fold axis in regional magnetics and one or more porphyritic mafic intrusion. The company also has a joint venture over the Egina prospect, in which Northern Star Resources is earning a 50 per cent interest. Northern Star recently finalised its acquisition of De Grey Mining and has begun assessing De Grey's data to help plan future exploration at the Becher deposit and surrounding area. Novo entered into an earn-in and joint venture agreement with De Grey in June 2023 for the company's Becher project and adjacent tenements within the Egina gold camp. Becher sits between the Wohler Faults and the Mallina Shear, about 30km west of Northern Star Resources' recently-acquired Hemi gold deposit. Hemi is an intrusion-hosted style of gold mineralisation, new to the Pilbara region, with a scale not previously encountered in the Mallina Basin. Northern Star acquired Hemi from De Grey through a scheme of arrangement finalised on May 5. Hemi contains an estimated mineral resource of 13.6 million ounces and shows potential for mining by large-scale, low-strip-ratio, low-cost, open-pit mining. Novo management says its Egina joint venture area covers a large and strategic land position in the prospective Mallina Basin. Importantly, the Egina gold project tenements are highly prospective for significant intrusion-related deposits and enclose ground with similar attributes to the nearby Hemi deposit. De Grey exceeded a $7 million minimum expenditure commitment for Becher under the earn-in deal in September 2024. The company must spend a further $18 million by June 30, 2027 to earn a 50 per cent interest in Becher. At this time, an unincorporated joint venture will be established. Novo last year forged ahead with exploration of the Tabba Tabba shear corridor, which is part of the company's Egina gold camp. First pass surface geochemistry and mapping are in progress in the central part of the corridor. Novo has recently prioritised obtaining access to the Teichman prospect on the Tabba Tabba Shear corridor within the Yandeyarra Aboriginal Reserve, where previous explorers picked up near one-ounce gold results from surface at several prospects over a 2.3km strike, including 25.5g/t and 32.3g/t gold from rock samples. The company has been successful in obtaining approval to carry out low-impact exploration activities on parts of Novo's tenements in the reserve. The proposed work will comprise up to 10 days of mapping and targeted rock sampling. Until now, only limited modern exploration has been undertaken in the reserve. Spreadborough said a strengthening gold price and growing global interest in antimony would place Novo in an exciting position as the company executes its exploration plans and completes its drilling programs over the coming months. In the second half of last year, Novo completed a review of the antimony-gold potential across its Pilbara landholdings. As with Sherlock Crossing, Novo has highly ranked its Southeast Wyloo ground for its antimony potential. Southeast Wyloo includes two 2km-strike antimony+/-gold stream sediment anomalies, where reconnaissance rock chip sampling in mid-2023 yielded peak results of 387g/t silver, 2.4 per cent copper, 0.38 per cent antimony, 0.52g/t gold, 5 per cent lead and 1.6 per cent zinc. The company says it plans to complete mapping and rock chip sampling during the second half of the year, prior to planning a drilling program. Novo has an extensive Pilbara landholding on its plate, graced by sample results which support well-based concepts across a variety of terrains in mostly virgin ground. The targets also feature favourable lithologies and giant structures, which have been known for years but remain seriously under-explored. It all points to a very busy six months coming up for the company. Is your ASX-listed company doing something interesting? Contact:
ABC News
2 days ago
- Politics
- ABC News
Murujuga traditional owners 'sidelined' in government's North West Shelf approval
A group of Murujuga traditional custodians is calling on the federal government to immediately release the conditions attached to its 40-year extension of Woodside's North West Shelf gas project. Federal Environment Minister Murray Watt waved through the approval three weeks ago, allowing Australia's largest oil and gas facility to continue operating in Western Australia's Pilbara region until 2070. Ngarluma woman Samantha Walker penned a letter to the government on Tuesday last week, gathering signatures from multiple traditional owners and elders with connections to the landscape. "Our people have not consented to the proposal," she wrote. Mr Watt gave Woodside 10 days to respond to the approval's "strict" conditions, which he indicated focused on the protection of ancient Aboriginal rock art. Last Friday, the gas giant breezed past that deadline and neither Woodside nor Mr Watt could confirm the date negotiations would be finalised when asked by the ABC. Ms Walker said she was "alarmed" that the right of reply was afforded solely to Woodside. "We understand there are statutory requirements, however, the approvals process has sidelined Murujuga Ngurrara-ngarli [Murujuga traditional owners]," she wrote. "They have a process with Woodside and the government, but they don't take into account our cultural processes, which we have as well, which is very saddening." Ms Walker repeated calls for Mr Watt to visit Murujuga — the Aboriginal name for the Burrup Peninsula — where Woodside's main processing plant is located, about 1,500 kilometres north of Perth. The area is home to some of the world's oldest known rock art, the preservation of which became a flashpoint amid the extension decision. The Murujuga Aboriginal Corporation (MAC) administers cultural matters involving the peninsula on behalf of five language groups: the Ngarluma, Mardudhunera, Yaburara, Yindjibarndi, and Wong-Goo-Tt-Oo peoples. The corporation was formed in 2006 and granted joint management of Murujuga National Park in exchange for extinguishing native title rights to land earmarked for industrial development. The chair of MAC, Peter Hicks, flew to Canberra this week to meet with Mr Watt. Mr Hicks said he was confident findings of a two-year rock art monitoring program, carried out by MAC and the WA government, showed the North West Shelf project was not currently harming the ancient petroglyphs. The rock art is central to the organisation's bid to have Murujuga listed by the United Nations as a World Heritage site. This goal was thrown into doubt by a UNESCO draft decision calling for the area's industrialisation to be halted, triggering protests from the federal government. While Ms Walker backed the embattled World Heritage push, she said more consultation on the North West Shelf project and its impact was needed. "Broader consultation means speaking with the whole community, all of the families, the connections who have a connection to the place," Ms Walker explained. "The minister needs to speak to us, according to our cultural protocols," she said. She argued that the violation of traditional owners' informed consent was grounds for a human rights complaint, and current economic arrangements between Woodside and traditional owners had become obsolete. "It is severely remiss of the Commonwealth to consider approving a major project while relying on an outdated agreement that is in urgent need of modernisation," Ms Walker said. Mr Watt did not respond to specific questions put to him by the ABC. Samantha Hepburn, a professor at Deakin Law School, said it was not typical for proponents to miss response deadlines, although this case was "unique" given its magnitude and the extent of public interest. Dr Hepburn believed Mr Watt possessed the legal discretion to make the conditions public and would be "justified" in doing so because the approval was so controversial. "We see a broad range of the community very, very concerned about the impact that this extension is likely to have and wanting to make sure that the conditions are capable of addressing those concerns," she said. The decision to extend the major gas project is currently facing court challenges on several fronts. Dr Hepburn said publicising the conditions would be a show of good faith ahead of federal environmental law reform, the subject of high-level talks hosted by Mr Watt on Thursday. "Showing a preparedness to be responsive to the concerns, I think, is a very, very important thing that the government has the opportunity to [do]," she said. Ms Walker said she had only received a response from WA Senator Dorinda Cox, who could not be reached for comment.
Associated Press
2 days ago
- Business
- Associated Press
Pilbara Exploration Update
Published [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] HIGHLIGHTS Novo has advanced Pilbara high-grade gold and gold-antimony prospects which will be the focus for exploration and drilling in H2 2025. Exploration at the Sherlock Crossing Au-Sb prospect has defined a coherent 1.5 km antimony in soil anomaly (at > 15 ppm Sb), with gold anomalism up to 85 ppb Au, with all heritage and compliance approvals now in place for exploration drilling. At the Southeast Wyloo Au-Sb-Ag-Cu Project, plans are in place to complete mapping and rock chip sampling in preparation for drill program planning. Heritage access approval has been obtained for low-impact exploration work at the Teichman gold prospect in the northern Egina Gold Camp, within the Yandeyarra Reserve. High-grade gold has been defined during historic rock sampling programs in the area. Results from reconnaisance aircore (AC) drilling at Balla Balla delineated broad zones of low-level gold anomalism (peak 0.114 ppm Au) along the Sholl Shear. Significant results from multielement assays of bottom hole samples and select drill holes include 96.8 ppm Ag, 182 ppm Sb, 353 ppm Cu, and 71.6 ppm Bi. Northern Star Resources Limited (ASX: NST), Novo's new partner in the Egina Farm-in/Joint Venture arrangement (following its acquisition of De Grey Mining) has commenced reviewing previous data in planning for future exploration programs. Commenting on the Company's Pilbara exploration activity, Mike Spreadborough, Executive Co-Chairman and Acting Chief Executive Officer, said 'We have been methodical in our assessment of advanced gold and antimony targets over the first half of 2025, which has set Novo up for a busy second half of exploration. 'We have identified several compelling targets including the Sherlock Crossing prospect, where our highly experienced geological team has defined a 1.5km antimony anomaly, which we will be a priority for drilling in the short term. Importantly, the price of gold continues to strengthen and global interest in antimony continues to grow rapidly, which places Novo in an exciting position as we execute on these programs and complete drilling over the coming months. 'Furthermore, Novo is pleased that Northern Star Resources, Novo's new partner in the Egina Farm-in and Joint Venture arrangement (following the completion of its acquisition of De Grey Mining), has commenced reviewing key data for future exploration work. The Egina JV area covers a large and strategic land position in the prospective Mallina Basin and importantly, the Egina Gold Project tenements are highly prospective for significant intrusion related deposits and share similar attributes to the nearby Hemi deposit.' PERTH, Western Australia, June 19, 2025 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (ASX: NVO) (TSX: NVO) (OTCQX: NSRPF) is pleased to provide an update on its Pilbara-wide exploration completed during H1 2025, including the Balla Balla Gold Project AC drill program. In the Pilbara the focus for the second half will be on high-grade gold and gold-antimony exploration projects. Novo has also been actively exploring its New South Wales projects, undertaking RC drilling at the Tibooburra Gold Project (results pending) and preparation work, including mapping and geochemical sampling, at the John Bull Gold Project. Drilling is expected to commence at John Bull in early Q3 2025 (weather and access approval permitting). Figure 1: Novo Tenure showing the Egina Gold Camp, Balla Balla Gold Project, and gold prospects. PILBARA EXPLORATION PORTFOLIO Balla Balla Gold Project Balla Balla is an early-stage exploration project centred on the Sholl Shear Zone ( Figure 1 )1. In April 2025, Novo completed a maiden AC program testing several prospects over a 10 km trend, targeting the Sholl Shear Zone and interpreted splay faults under shallow cover. A total of 187 AC holes for 5,996 m were completed on regionally spaced lines varying from 640 m to 2.8 km apart ( Figure 2 ). Hole depths range from 5 m to 79 m with cover varying between 5 m to 35 m depth (average 22 m). Samples were collected as 3 m composites for the entire hole and assayed for gold using fire-assay, and a bottom of hole (BOH) sample was taken and assayed for gold and a 52-multielement suite using fire assay and four-acid digest. Seven holes have been selected with intense sulphide mineralisation, quartz veining or strong alteration for multi-element assaying with results from two holes pending. Figure 2: AC collar locations on interpreted regional geology and structure Peak results from broad zones of low-level anomalism associated with the Sholl Shear includes 114 ppb Au ( Figure 3 ). However, numerous additional anomalies have been defined by BOH and select hole multielement assay. These include: 1 m @ 96.8 ppm Ag and 8.1 ppm Sb from 28 m in YUA0113 (BOH sample) 1 m @ 182 ppm Sb and 6.72 ppm Ag from 44 m in YUA0054 (BOH sample – multielement assay results for entire hole pending) Anomalous Bi, Sb and Te from 57 m to 78 m in YUA0161, with peak results of 71.6 ppm Bi, 47.3 ppm Sb, and 6.23 ppm Te (multielement assay for entire hole) Anomalous Mo, Sb, Au, Te from 45 m to 74 m in YUA0162, with peak results of 70 ppb Au, 14.50 ppm Bi, 99.7 ppm Mo, 11.0 ppm Sb and 11.8 ppm Te (multielement assay for entire hole) 1 m @ 299 ppm Cu and 24.7 ppm Sb from 43 m in YUA0182 (BOH sample) 12 m @ 277 ppm Cu, 303 ppm Zn and 11.5 ppm Sb from 30 m in YUA0185 (multielement assay for entire hole) Refer to Appendix 1 for collar details and peak gold results. Refer to Appendix 2 for end of hole and downhole multielement assays. Peak Au-Ag-Bi-Sb-Cu-Mo is present at Ramquarry and south Babbage along the Sholl Shear and are related to sub-massive pyrite mineralisation, strong silica-chlorite alteration an/or zones of intense quartz veining, indicating significant hydrothermal activity. Peak silver values are related to an interpreted fold axis in regional magnetics and porphyritic mafic intrusion. Further work, once all results are returned, will include assaying full holes for the multielement assay suite in anomalous areas, spectral imaging on selected intervals to determine alteration mineralogy and rock composition, and petrology on selected samples. After the full results are returned and interpreted along with other high-level studies, follow-up and extensional drilling will be planned if warranted. Figure 3 : AC collar locations over regional geological interpretation and airborne magnetics, showing maximum downhole gold values Sherlock Crossing Novo completed a soil sampling program to extend coverage of an antimony in soil anomaly and high order stream sediment anomaly, to the southwest of the Sherlock Crossing historic workings area ( Figure 4 ). Samples were collected on a 40 m x 80 m grid. Results define a strong and coherent antimony anomaly extending over 1.5 km in strike length, and a width of 200 m. Peak soil sample results include 85 ppb Au and 48.3 ppm Sb ( Figure 4 ). Anomalous antimony occurs in a strongly altered and sheared ultramafic unit which sporadically outcrops over 2.3 km strike, trending under colluvial cover to the south. Rock samples from the highly sheared and altered ultramafic, returned results of up to 0.22% Sb without significant quartz veining. Refer to Appendix 3 for all soil sample results, and Appendix 4 for all rock sample results. All heritage and compliance approvals have been obtained to enable a maiden RC drilling program adjacent to the historical Sherlock Crossing workings to test promising gold and antimony mineralisation, where targeted rock chip sampling yielded grades of up to 4.7% Sb and 146.7 g/t Au2. Drilling is planned for H2 2025. Meanwhile, detailed mapping and sampling will continue to assist in targeting the core of the soil anomaly to the southwest. Figure 4 : Sherlock Crossing, showing extended soil anomaly > 15 ppm Sb to the SW of the proposed first pass drilling area at the Clarke Mine 2 Egina Gold Camp – Egina Earn-in/JV (Northern Star earning a 50% interest) Northern Star Resources Limited (ASX: NST) recently finalised its acquisition of De Grey Mining (ASX: DEG). The NST group has commenced reviewing previous data in planning for future exploration programs in the Becher and surrounding area. In June 2023, Novo entered into an earn-in and joint venture agreement with De Grey for the Company's Becher Project and adjacent tenements within the Egina Gold Camp. De Grey exceeded the A$7 million minimum expenditure commitment under the earn-in in September 2024 and is required to spend a further A$18 million by June 30, 2027, to earn a 50% interest in the Becher Project at which time an unincorporated joint venture would be established.3 Egina is located near the 13.6 Moz Hemi Gold Project4. No assurance can be given that a similar (or any) commercially viable mineral deposit will be determined at Novo's Egina Project. Egina Gold Camp - Tabba Tabba Shear Corridor Exploration of the Tabba Tabba Shear Corridor, part of Novo's Egina Gold Camp, progressed in 2024, with first pass surface geochemistry and mapping now covering the central part of the Corridor. Novo has prioritised obtaining access to the Teichman prospect ( Figure 5 ), located within the Yandeyarra Reserve5, where previous explorers obtained high-grade surface results from several prospects over 2.3 km strike, including 25.5 g/t Au and 32.3 g/t Au from rock samples6. Approval to carry out low-impact exploration activities on parts of Novo's tenements within the Yandeyarra Aboriginal Reserve has now been achieved. The proposed work will comprise up to ten days of mapping and targeted rock sampling. Only limited modern exploration has been undertaken in the Yandeyarra Reserve. Figure 5 : Main prospects of the Tabba Tabba Shear Corridor Southeast Wyloo During H2 2024, Novo completed a review of the Sb-Au potential across its Pilbara ground holding. In addition to Sherlock Crossing, Southeast Wyloo was also ranked highly for antimony potential and includes two, 2 km-strike high-order antimony (± gold) stream sediment anomalies, where reconnaissance rock chip sampling completed in mid-2023 yielded peak results of 387 g/t Ag, 2.4% Cu, 0.38%, and 0.52 g/t Au, 5.0% Pb and 1.6% Zn7. Plans are in place to complete mapping and rock chip sampling during H2 2025 in preparation for drill program planning. Authorised for release by the Board of Directors. CONTACT QP STATEMENT Mrs. Karen (Kas) De Luca (MAIG), is the qualified person, as defined under National Instrument 43-101 Standards of Disclosure for Mineral Projects , responsible for, and having reviewed and approved, the technical information contained in this news release. Mrs De Luca is Novo's General Manager Exploration. JORC COMPLIANCE STATEMENT New Exploration Results The information in this news release that relates to exploration results at Novo's Pilbara tenure is based on information compiled by Mrs De Luca, who is a full-time employee of Novo Resources Corp. Mrs De Luca is a Competent Person who is a member of the Australian Institute of Geoscientists. Mrs De Luca has sufficient experience that is relevant to the style of mineralisation and the 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'. Mrs De Luca consents to the inclusion in the report of the matters based on her information in the form and context in which it appears. Previous Exploration Results The information in this news release that relates to previously reported exploration results at Novo's Pilbara tenure is extracted from: a) Novo's ASX announcement entitled Pilbara Exploration Update released to ASX on 10 December 2024; b) Novo's ASX announcement entitled Nunyerry North High-Grade Gold Zone Extended released to ASX on 30 August 2024; and c) Novo's ASX announcement entitled Evaluation of Pilbara Antimony-Gold Potential Generates Positive Results released to ASX on 12 September 2024, each of which is available to view at . The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the estimates in the market announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the competent persons findings are presented have not been materially modified from the original market announcements. FORWARD-LOOKING STATEMENTS Some statements in this news release may contain 'forward-looking statements' within the meaning of Canadian and Australian securities law and regulations. In this news release, such statements include but are not limited to planned exploration activities and the timing of such. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, without limitation, customary risks of the resource industry and the risk factors identified in Novo's annual information form for the year ended December 31, 2024 (which is available under Novo's profile on SEDAR+ at and at ) in the Company's prospectus dated 2 August 2023 which is available at Forward-looking statements speak only as of the date those statements are made. Except as required by applicable law, Novo assumes no obligation to update or to publicly announce the results of any change to any forward-looking statement contained or incorporated by reference herein to reflect actual results, future events or developments, changes in assumptions or changes in other factors affecting the forward-looking statements. If Novo updates any forward-looking statement(s), no inference should be drawn that the Company will make additional updates with respect to those or other forward-looking statements. _______________________________________ 1 Refer to Novo's ASX announcement dated 20 March 2025 - Aircore drilling to commence at Balla Balla. 2 Refer to Novo's ASX announcement dated 10 December 2024 - Pilbara Exploration Update 3 Refer to Novo's ASX announcement dated 10 October 2024 – De Grey reaches minimum spend at Novo's Egina Gold Project 4 Refer to De Grey's ASX Announcement, Hemi Gold Project mineral Resource Estimate (MRE) 2024, dated 14 November 2024 5 Refer to Novo's ASX announcement dated 10 December 2024 - Pilbara Exploration Update 6 Refer to Novo's ASX announcement dated 30 August 2024 – Nunyerry North High-Grade Gold Zone extended and Egina Gold Camp exploration targets advanced 7 Refer to Novo's ASX announcement dated 12 September 2024 – Evaluation of Pilbara Antimony-Gold Potential Generates Positive Results ABOUT NOVO Novo is an Australian based gold explorer listed on the ASX and the TSX focussed on discovering standalone gold and copper projects with > 1 Moz development potential. Novo is an innovative gold explorer with a significant land package covering approximately 5,500 square kilometres in the Pilbara region of Western Australia, along with the 22 square kilometre Belltopper project in the Bendigo Tectonic Zone of Victoria, Australia. In addition to the above, Novo is part of two prospective farm in agreements in New South Wales. Novo's key project area in the Pilbara is the Egina Gold Camp, where Northern Star Resources Limited (ASX: NST) is farming-in to form a JV at the Becher Project and surrounding tenements through exploration expenditure of A$25 million within 4 years for a 50% interest. The Becher Project has similar geological characteristics as Northern Star's 12.7 Moz Hemi Project#. Novo is also advancing gold exploration south of Becher in the Egina Gold Camp, part of the Croydon JV (Novo 70%: Creasy Group 30%). Novo continues to undertake early-stage exploration elsewhere across its Pilbara tenement portfolio. Novo has also formed a lithium joint venture with SQM in the Pilbara which provides shareholder exposure to battery metals. Novo has recently strengthened its high-quality, Australian based exploration portfolio by adding the TechGen John Bull Gold Project in the New England Orogen of NSW, and Manhattan Tibooburra Gold Project in the Albert Goldfields in northwestern NSW. Both projects demonstrate prospectivity for significant discovery and resource definition and align with Novo's strategy of identifying and exploring projects with > 1 Moz Au potential. These high-grade gold projects compliment the landholding consolidation that forms the Toolunga Project in the Onslow District in Western Australia. Novo has a significant investment portfolio and a disciplined program in place to identify value accretive opportunities that will build further value for shareholders. Please refer to Novo's website for further information including the latest corporate presentation. #Refer to De Grey's ASX Announcement, Hemi Gold Project mineral Resource Estimate (MRE) 2024, dated 14 November 2024. No assurance can be given that a similar (or any) commercially viable mineral deposit will be determined at Novo's Becher Project. Appendix 1: Collar locations for Balla Balla AC program with peak downhole Au (ppb) listed. All coordinates are in GDA2020, zone 50. Hole ID Type Depth Easting (m) Northing (m) Dip Azimuth (grid) Peak Au (ppb) YUA0001 AC 21 601,556 7,717,479 -60 140 3 YUA0002 AC 22 601,525 7,717,523 -60 140 4 YUA0003 AC 21 601,488 7,717,559 -60 140 2 YUA0004 AC 13 601,457 7,717,601 -60 140 2 YUA0005 AC 14 601,423 7,717,640 -60 140 1 YUA0006 AC 16 601,392 7,717,673 -60 140 1 YUA0007 AC 13 601,853 7,718,124 -60 140 1 YUA0008 AC 15 601,821 7,718,161 -60 140 1 YUA0009 AC 13 601,787 7,718,203 -60 140 4 YUA0010 AC 7 601,754 7,718,243 -60 140 -1 YUA0011 AC 5 601,725 7,718,279 -60 140 1 YUA0012 AC 42 602,246 7,718,644 -60 140 19 YUA0013 AC 36 602,217 7,718,684 -60 140 3 YUA0014 AC 17 602,181 7,718,723 -60 140 5 YUA0015 AC 16 602,153 7,718,762 -60 140 10 YUA0016 AC 16 602,122 7,718,798 -60 140 3 YUA0017 AC 21 602,549 7,719,288 -60 140 4 YUA0018 AC 21 602,515 7,719,327 -60 140 5 YUA0019 AC 60 602,484 7,719,368 -60 140 11 YUA0020 AC 40 602,452 7,719,407 -60 140 5 YUA0021 AC 23 602,418 7,719,446 -60 140 17 YUA0022 AC 18 602,384 7,719,483 -60 140 2 YUA0023 AC 27 603,830 7,719,250 -60 140 14 YUA0024 AC 24 603,799 7,719,286 -60 140 11 YUA0025 AC 30 603,768 7,719,326 -60 140 17 YUA0026 AC 51 603,730 7,719,371 -60 140 5 YUA0027 AC 30 603,700 7,719,408 -60 140 20 YUA0028 AC 30 603,669 7,719,447 -60 140 6 YUA0029 AC 33 603,635 7,719,484 -60 140 15 YUA0030 AC 24 603,603 7,719,521 -60 140 19 YUA0031 AC 21 603,576 7,719,558 -60 140 3 YUA0032 AC 20 603,536 7,719,598 -60 140 6 YUA0033 AC 22 603,505 7,719,635 -60 140 8 YUA0034 AC 24 603,478 7,719,672 -60 140 5 YUA0035 AC 22 603,446 7,719,713 -60 140 13 YUA0036 AC 23 603,412 7,719,751 -60 140 4 YUA0037 AC 27 603,381 7,719,793 -60 140 4 YUA0038 AC 30 603,347 7,719,832 -60 140 6 YUA0039 AC 39 603,316 7,719,869 -60 140 8 YUA0040 AC 27 603,246 7,719,944 -60 140 3 YUA0041 AC 39 603,218 7,719,980 -60 140 13 YUA0042 AC 54 603,184 7,720,019 -60 140 8 YUA0043 AC 27 603,156 7,720,065 -60 140 9 YUA0044 AC 25 603,125 7,720,099 -60 140 12 YUA0045 AC 20 603,091 7,720,134 -60 140 9 YUA0046 AC 33 603,056 7,720,176 -60 140 5 YUA0047 AC 42 603,025 7,720,212 -60 140 9 YUA0048 AC 54 602,989 7,720,246 -60 140 6 YUA0049 AC 27 602,958 7,720,281 -60 140 4 YUA0050 AC 24 602,926 7,720,329 -60 140 9 YUA0051 AC 34 602,896 7,720,369 -60 140 7 YUA0052 AC 24 602,863 7,720,401 -60 140 7 YUA0053 AC 26 605,416 7,719,348 -60 140 8 YUA0054 AC 45 605,387 7,719,386 -60 140 4 YUA0055 AC 45 605,353 7,719,429 -60 140 5 YUA0056 AC 49 605,327 7,719,465 -60 140 74 YUA0057 AC 30 605,291 7,719,505 -60 140 11 YUA0058 AC 38 605,258 7,719,535 -60 140 69 YUA0059 AC 30 605,223 7,719,581 -60 140 6 YUA0060 AC 50 605,197 7,719,611 -60 140 7 YUA0061 AC 15 605,159 7,719,657 -60 140 2 YUA0062 AC 22 605,127 7,719,694 -60 140 13 YUA0063 AC 13 605,100 7,719,736 -60 140 2 YUA0064 AC 25 605,065 7,719,773 -60 140 2 YUA0065 AC 25 605,031 7,719,810 -60 140 2 YUA0066 AC 20 605,001 7,719,848 -60 140 3 YUA0067 AC 23 605,423 7,721,826 -60 140 2 YUA0068 AC 21 605,391 7,721,860 -60 140 2 YUA0069 AC 21 605,361 7,721,901 -60 140 2 YUA0070 AC 39 605,330 7,721,940 -60 140 2 YUA0071 AC 31 605,298 7,721,986 -60 140 5 YUA0072 AC 24 605,264 7,722,027 -60 140 1 YUA0073 AC 19 605,235 7,722,061 -60 140 1 YUA0074 AC 26 605,201 7,722,098 -60 140 2 YUA0075 AC 20 605,163 7,722,136 -60 140 1 YUA0076 AC 20 605,138 7,722,168 -60 140 2 YUA0077 AC 20 605,101 7,722,213 -60 140 3 YUA0078 AC 19 605,074 7,722,244 -60 140 2 YUA0079 AC 24 605,981 7,722,165 -60 140 3 YUA0080 AC 23 605,948 7,722,209 -60 140 2 YUA0081 AC 24 605,916 7,722,247 -60 140 4 YUA0082 AC 24 605,885 7,722,288 -60 140 5 YUA0083 AC 25 605,851 7,722,329 -60 140 3 YUA0084 AC 26 605,818 7,722,366 -60 140 3 YUA0085 AC 28 605,784 7,722,401 -60 140 3 YUA0086 AC 25 605,750 7,722,438 -60 140 4 YUA0087 AC 28 605,718 7,722,478 -60 140 4 YUA0088 AC 25 605,686 7,722,513 -60 140 4 YUA0089 AC 26 605,654 7,722,560 -60 140 3 YUA0090 AC 28 605,621 7,722,589 -60 140 4 YUA0091 AC 25 605,595 7,722,632 -60 140 10 YUA0092 AC 27 605,564 7,722,673 -60 140 14 YUA0093 AC 26 605,530 7,722,711 -60 140 6 YUA0094 AC 25 605,496 7,722,747 -60 140 4 YUA0095 AC 26 605,463 7,722,783 -60 140 3 YUA0096 AC 23 605,432 7,722,827 -60 140 3 YUA0097 AC 23 605,403 7,722,864 -60 140 4 YUA0098 AC 30 605,366 7,722,900 -60 140 2 YUA0099 AC 25 605,332 7,722,938 -60 140 5 YUA0100 AC 24 605,301 7,722,973 -60 140 2 YUA0101 AC 25 605,267 7,723,012 -60 140 6 YUA0102 AC 26 605,236 7,723,051 -60 140 3 YUA0103 AC 26 607,502 7,723,836 -60 140 1 YUA0104 AC 28 607,471 7,723,879 -60 140 3 YUA0105 AC 29 607,435 7,723,917 -60 140 20 YUA0106 AC 31 607,406 7,723,954 -60 140 9 YUA0107 AC 30 607,374 7,723,986 -60 140 5 YUA0108 AC 29 607,339 7,724,028 -60 140 6 YUA0109 AC 33 607,305 7,724,067 -60 140 4 YUA0110 AC 33 607,273 7,724,106 -60 140 7 YUA0111 AC 32 607,241 7,724,144 -60 140 3 YUA0112 AC 32 607,209 7,724,182 -60 140 2 YUA0113 AC 29 607,177 7,724,221 -60 140 2 YUA0114 AC 33 607,147 7,724,255 -60 140 3 YUA0115 AC 29 607,116 7,724,292 -60 140 2 YUA0116 AC 27 607,082 7,724,333 -60 140 2 YUA0117 AC 25 607,051 7,724,374 -60 140 1 YUA0118 AC 24 607,018 7,724,408 -60 140 2 YUA0119 AC 22 606,987 7,724,438 -60 140 3 YUA0120 AC 29 606,952 7,724,485 -60 140 2 YUA0121 AC 25 606,922 7,724,518 -60 140 2 YUA0122 AC 20 606,890 7,724,562 -60 140 1 YUA0123 AC 20 606,857 7,724,602 -60 140 2 YUA0124 AC 13 606,822 7,724,638 -60 140 2 YUA0125 AC 13 606,794 7,724,679 -60 140 1 YUA0126 AC 16 606,763 7,724,713 -60 140 3 YUA0127 AC 20 606,736 7,724,759 -60 140 3 YUA0128 AC 51 606,702 7,724,799 -60 140 2 YUA0129 AC 52 606,667 7,724,840 -60 140 3 YUA0130 AC 52 607,926 7,724,322 -60 140 8 YUA0131 AC 27 607,892 7,724,361 -60 140 4 YUA0132 AC 26 607,861 7,724,400 -60 140 4 YUA0133 AC 24 607,830 7,724,438 -60 140 3 YUA0134 AC 30 607,801 7,724,475 -60 140 2 YUA0135 AC 22 607,767 7,724,513 -60 140 4 YUA0136 AC 23 607,731 7,724,555 -60 140 3 YUA0137 AC 26 607,699 7,724,594 -60 140 3 YUA0138 AC 27 607,671 7,724,635 -60 140 2 YUA0139 AC 20 607,635 7,724,674 -60 140 3 YUA0140 AC 19 607,605 7,724,710 -60 140 3 YUA0141 AC 23 610,801 7,720,407 -60 140 3 YUA0142 AC 24 610,770 7,720,443 -60 140 5 YUA0143 AC 39 610,735 7,720,480 -60 140 6 YUA0144 AC 51 610,704 7,720,518 -60 140 14 YUA0145 AC 72 610,668 7,720,556 -60 140 7 YUA0146 AC 45 610,640 7,720,591 -60 140 8 YUA0147 AC 36 610,611 7,720,634 -60 140 3 YUA0148 AC 33 610,574 7,720,677 -60 140 9 YUA0149 AC 60 610,541 7,720,713 -60 140 21 YUA0150 AC 79 610,510 7,720,753 -60 140 23 YUA0151 AC 62 610,478 7,720,787 -60 140 34 YUA0152 AC 65 610,444 7,720,822 -60 140 10 YUA0153 AC 55 610,411 7,720,866 -60 140 9 YUA0154 AC 72 610,379 7,720,901 -60 140 18 YUA0155 AC 72 610,348 7,720,938 -60 140 31 YUA0156 AC 75 610,315 7,720,976 -60 140 83 YUA0157 AC 69 610,283 7,721,014 -60 140 9 YUA0158 AC 54 610,252 7,721,053 -60 140 7 YUA0159 AC 60 610,219 7,721,091 -60 140 29 YUA0160 AC 75 610,190 7,721,133 -60 140 25 YUA0161 AC 78 610,157 7,721,174 -60 140 16 YUA0162 AC 75 610,125 7,721,213 -60 140 70 YUA0163 AC 60 610,088 7,721,250 -60 140 16 YUA0164 AC 60 610,058 7,721,287 -60 140 6 YUA0165 AC 57 610,024 7,721,327 -60 140 3 YUA0166 AC 48 609,993 7,721,364 -60 140 4 YUA0167 AC 69 609,965 7,721,402 -60 140 15 YUA0168 AC 63 609,934 7,721,442 -60 140 32 YUA0169 AC 18 611,128 7,721,015 -60 140 2 YUA0170 AC 18 611,094 7,721,046 -60 140 5 YUA0171 AC 21 611,066 7,721,092 -60 140 5 YUA0172 AC 22 611,032 7,721,128 -60 140 9 YUA0173 AC 20 611,001 7,721,163 -60 140 2 YUA0174 AC 42 610,969 7,721,199 -60 140 6 YUA0175 AC 28 610,938 7,721,239 -60 140 47 YUA0176 AC 24 610,907 7,721,276 -60 140 7 YUA0177 AC 29 610,876 7,721,317 -60 140 5 YUA0178 AC 26 610,846 7,721,354 -60 140 65 YUA0179 AC 35 610,808 7,721,394 -60 140 41 YUA0180 AC 36 610,775 7,721,431 -60 140 61 YUA0181 AC 48 610,748 7,721,459 -60 140 4 YUA0182 AC 44 610,716 7,721,503 -60 140 25 YUA0183 AC 50 610,680 7,721,539 -60 140 114 YUA0184 AC 26 610,652 7,721,589 -60 140 6 YUA0185 AC 45 610,617 7,721,631 -60 140 28 YUA0186 AC 33 610,586 7,721,669 -60 140 8 YUA0187 AC 78 610,555 7,721,704 -60 140 7 Appendix 2: AC multi-element data for elements relevant to the mineralisation style and reported in this release. Bold values are considered anomalous for the district. Negative values are below detection. Hole ID From To Type Au (ppb) Ag (ppm) Bi (ppm) Cu (ppm) Mo (ppm) Sb (ppm) Zn (ppm) Te (ppm) YUA0001 20 21 EOH 2 0.05 0.25 24 0.6 3.5 95 -0.05 YUA0002 21 22 EOH 4 0.03 0.16 26 0.6 1.4 72 -0.05 YUA0003 20 21 EOH 2 0.07 0.04 55 3.1 0.7 134 -0.05 YUA0004 12 13 EOH 1 0.15 0.03 18 0.5 0.3 72 -0.05 YUA0005 13 14 EOH 1 0.25 0.03 21 0.7 0.2 113 -0.05 YUA0006 15 16 EOH 1 0.08 0.05 22 0.6 0.2 125 -0.05 YUA0007 12 13 EOH 1 0.05 0.05 10 0.5 2.2 85 0.05 YUA0008 13 14 EOH 1 0.05 0.04 6 0.3 1.1 124 -0.05 YUA0009 12 13 EOH 4 0.03 0.03 18 0.4 1.4 131 -0.05 YUA0010 6 7 EOH -1 0.03 0.03 21 0.4 1.0 147 -0.05 YUA0011 4 5 EOH 1 0.15 0.04 19 0.6 1.1 111 -0.05 YUA0012 41 42 EOH 3 0.06 0.11 13 2.5 2.9 31 -0.05 YUA0013 35 36 EOH -1 0.07 0.01 70 0.5 7.2 218 -0.05 YUA0014 16 17 EOH 3 4.74 0.04 13 1.6 0.8 30 -0.05 YUA0015 15 16 EOH 10 0.32 0.04 10 0.6 0.4 16 -0.05 YUA0016 15 16 EOH 3 0.17 0.06 11 0.4 0.6 22 -0.05 YUA0017 20 21 EOH 3 0.09 0.01 48 0.3 16.6 309 -0.05 YUA0018 20 21 EOH 3 0.16 0.04 107 0.3 5.0 409 0.05 YUA0019 59 60 EOH 4 0.05 0.13 65 0.3 3.3 109 -0.05 YUA0020 39 40 EOH 4 0.07 0.04 17 0.7 3.1 110 -0.05 YUA0021 22 23 EOH 2 0.10 0.06 32 6.5 2.2 89 -0.05 YUA0022 17 18 EOH 1 0.09 0.10 20 0.6 1.2 27 -0.05 YUA0023 26 27 EOH 6 0.74 0.14 23 0.8 2.2 54 -0.05 YUA0024 23 24 EOH 4 0.09 0.14 58 1.0 4.5 41 -0.05 YUA0025 29 30 EOH 1 0.04 0.17 21 0.6 8.4 10 -0.05 YUA0026 50 51 EOH -1 0.09 -0.01 165 0.5 3.9 117 -0.05 YUA0027 29 30 EOH 1 0.04 0.01 50 0.2 11.9 124 -0.05 YUA0028 29 30 EOH 1 0.09 0.05 215 0.9 10.4 130 0.07 YUA0029 32 33 EOH 3 0.06 0.06 93 0.3 4.3 104 -0.05 YUA0030 23 24 EOH 19 0.04 0.03 82 0.2 3.6 72 -0.05 YUA0031 20 21 EOH 3 0.03 0.03 54 0.2 2.3 77 -0.05 YUA0032 19 20 EOH 1 0.04 0.07 21 0.3 1.3 42 -0.05 YUA0033 21 22 EOH 2 0.05 0.14 52 0.4 1.7 56 -0.05 YUA0034 23 24 EOH -1 0.09 0.06 18 0.5 1.5 36 -0.05 YUA0035 21 22 EOH -1 0.09 0.11 35 0.7 1.9 327 -0.05 YUA0036 22 23 EOH -1 0.03 0.09 23 0.5 1.7 66 -0.05 YUA0037 26 27 EOH -1 0.52 0.16 32 0.3 2.6 381 -0.05 YUA0038 29 30 EOH 2 0.47 0.03 83 0.4 4.0 85 -0.05 YUA0039 38 39 EOH 8 0.03 0.03 64 0.2 2.9 88 -0.05 YUA0040 26 27 EOH 1 0.08 0.01 74 0.5 2.3 16 -0.05 YUA0041 38 39 EOH 5 0.20 -0.01 98 0.7 6.7 169 -0.05 YUA0042 53 54 EOH 4 0.20 -0.01 120 0.6 5.3 96 -0.05 YUA0043 26 27 EOH 9 0.21 -0.01 75 7.4 5.2 219 -0.05 YUA0044 24 25 EOH 3 0.06 -0.01 77 1.0 1.5 228 -0.05 YUA0045 19 20 EOH 9 0.05 -0.01 61 0.4 1.8 54 -0.05 YUA0046 32 33 EOH 1 0.03 -0.01 103 0.4 2.4 115 -0.05 YUA0047 41 42 EOH 4 0.05 -0.01 40 0.2 1.8 90 -0.05 YUA0048 53 54 EOH 1 0.02 -0.01 64 0.2 2.2 58 -0.05 YUA0049 26 27 EOH 1 0.14 -0.01 114 0.3 1.4 108 -0.05 YUA0050 23 24 EOH 3 0.10 -0.01 52 1.4 2.7 183 -0.05 YUA0051 33 34 EOH 3 0.06 0.07 23 0.9 1.4 43 -0.05 YUA0052 23 24 EOH 4 0.11 0.08 18 0.4 1.3 45 -0.05 YUA0053 25 26 EOH 1 0.17 -0.01 178 1.0 13.4 73 -0.05 YUA0054 15 18 Comp 2 0.09 0.03 63 0.7 5.2 62 0.025 YUA0054 18 21 Comp 2 0.18 0.03 108 1.1 7.9 96 0.025 YUA0054 21 24 Comp 2 0.15 0.03 102 1.2 5.8 84 0.025 YUA0054 24 27 Comp 1 0.09 0.03 90 1.3 7.6 74 0.025 YUA0054 27 30 Comp 1 0.07 0.04 100 1.3 8.1 86 0.025 YUA0054 30 33 Comp 3 0.05 0.03 97 1.1 4.7 95 0.025 YUA0054 33 36 Comp 2 0.07 0.02 111 1.6 51.6 89 0.025 YUA0054 36 39 Comp 1 0.13 0.09 48 1.1 145.5 53 0.025 YUA0054 39 42 Comp 2 0.11 0.15 39 0.8 19.3 40 0.025 YUA0054 42 44 Comp 4 0.05 0.04 92 1.5 82.3 56 0.025 YUA0054 44 45 EOH 3 6.72 -0.01 48 3.4 182.0 75 -0.05 YUA0055 0 3 Comp 2 0.02 0.09 15 0.4 0.5 12 0.025 YUA0055 44 45 EOH 3 0.11 0.19 72 1.2 8.2 123 -0.05 YUA0056 21 24 Comp 22 0.29 0.11 13 1.1 7.5 14 0.025 YUA0056 24 27 Comp 39 0.17 0.11 22 1.2 11.2 9 0.025 YUA0056 27 30 Comp 74 0.08 0.21 54 1.5 16.6 12 0.025 YUA0056 30 33 Comp 48 0.11 0.17 31 1.2 15.8 30 0.025 YUA0056 33 36 Comp 42 0.16 0.19 29 1.1 13.1 38 0.025 YUA0056 36 39 Comp 14 0.05 0.16 21 0.5 3.9 26 0.025 YUA0056 39 42 Comp 13 0.06 0.14 26 0.7 5.5 35 0.025 YUA0056 42 45 Comp 66 0.12 0.15 27 0.9 7.1 30 0.025 YUA0056 45 48 Comp 44 0.20 0.17 38 1.3 15.6 36 0.025 YUA0056 48 49 EOH 13 0.13 0.02 17 1.0 4.9 18 -0.05 YUA0057 29 30 EOH 2 0.37 0.04 24 1.5 1.9 13 -0.05 YUA0058 37 38 EOH 3 3.28 -0.01 13 5.6 1.4 5 -0.05 YUA0059 29 30 EOH 5 0.05 -0.01 186 1.2 2.9 126 -0.05 YUA0060 49 50 EOH 2 0.08 -0.01 148 0.8 1.3 107 -0.05 YUA0061 14 15 EOH 1 0.04 0.02 10 0.5 0.6 31 -0.05 YUA0062 21 22 EOH 6 2.75 0.09 65 0.7 1.1 64 -0.05 YUA0063 12 13 EOH 1 0.11 -0.01 16 0.7 0.4 20 -0.05 YUA0064 24 25 EOH 1 0.24 0.52 23 0.7 1.2 35 -0.05 YUA0065 24 25 EOH 2 0.17 0.02 18 0.7 0.9 67 -0.05 YUA0066 19 20 EOH 3 0.19 0.04 19 0.6 1.0 56 -0.05 YUA0067 22 23 EOH 1 0.41 0.21 7 0.7 5.2 62 -0.05 YUA0068 20 21 EOH 2 0.07 0.08 11 1.5 5.7 53 -0.05 YUA0069 20 21 EOH 1 0.25 0.01 7 1.0 4.6 61 -0.05 YUA0070 38 39 EOH -1 0.08 0.21 7 0.7 6.2 81 -0.05 YUA0071 30 31 EOH -1 0.06 0.11 4 0.7 5.7 75 -0.05 YUA0072 23 24 EOH -1 0.08 0.11 10 0.9 3.1 50 -0.05 YUA0073 18 19 EOH 1 0.13 0.06 8 1.8 3.6 46 -0.05 YUA0074 25 26 EOH 1 0.06 0.11 4 1.3 6.9 79 -0.05 YUA0075 19 20 EOH 1 0.02 0.03 11 0.7 2.2 28 -0.05 YUA0076 19 20 EOH 1 0.27 0.07 8 1.8 2.6 39 -0.05 YUA0077 18 19 EOH 1 0.17 0.09 23 1.2 2.4 26 -0.05 YUA0078 18 19 EOH 1 0.11 0.17 5 1.9 3.8 89 -0.05 YUA0079 23 24 EOH 2 0.12 0.30 18 6.8 12.6 77 0.07 YUA0080 22 23 EOH 2 7.14 0.12 21 1.7 4.6 26 -0.05 YUA0081 23 24 EOH 2 0.32 0.10 12 1.1 9.6 20 -0.05 YUA0082 23 24 EOH 2 0.03 0.11 13 0.4 4.5 27 -0.05 YUA0083 24 25 EOH 3 0.04 0.09 8 0.5 2.5 23 -0.05 YUA0084 25 26 EOH 2 0.05 0.12 21 0.5 5.3 39 -0.05 YUA0085 27 28 EOH 2 0.08 0.13 16 0.7 6.8 41 -0.05 YUA0086 24 25 EOH 4 0.09 0.20 21 0.8 7.0 44 -0.05 YUA0087 27 28 EOH 3 0.47 0.41 22 1.1 5.8 100 -0.05 YUA0088 24 25 EOH 4 0.13 0.06 10 0.3 2.2 18 -0.05 YUA0089 25 26 EOH 2 0.24 0.43 18 0.9 7.5 79 -0.05 YUA0090 27 28 EOH 2 0.11 0.14 20 0.5 3.3 52 -0.05 YUA0091 24 25 EOH 2 0.09 0.12 16 0.7 3.9 32 -0.05 YUA0092 26 27 EOH 3 0.08 0.15 24 0.5 2.7 35 -0.05 YUA0093 25 26 EOH 2 0.16 0.45 12 0.6 4.4 52 -0.05 YUA0094 24 25 EOH 2 0.19 0.18 12 1.1 5.3 80 -0.05 YUA0095 25 26 EOH 2 7.05 0.25 37 1.8 8.5 78 -0.05 YUA0096 22 23 EOH 2 0.42 0.13 13 1.6 4.6 43 -0.05 YUA0097 22 23 EOH 2 0.05 0.11 13 1.2 7.6 51 -0.05 YUA0098 29 30 EOH 2 0.04 0.07 14 0.5 1.9 26 -0.05 YUA0099 24 25 EOH 2 0.12 0.20 10 0.7 8.2 59 -0.05 YUA0100 23 24 EOH 2 0.05 0.08 6 0.7 6.3 77 -0.05 YUA0101 24 25 EOH 1 0.23 0.08 7 0.7 3.1 53 -0.05 YUA0102 25 26 EOH 1 0.14 0.17 8 1.3 7.1 76 -0.05 YUA0103 25 26 EOH 1 0.07 0.13 20 0.7 4.0 26 -0.05 YUA0104 27 28 EOH 2 0.08 0.09 10 0.5 2.8 28 -0.05 YUA0105 28 29 EOH 4 0.18 0.09 18 1.0 6.9 31 -0.05 YUA0106 30 31 EOH 2 0.11 0.16 22 0.6 21.3 78 -0.05 YUA0107 29 30 EOH 2 0.12 0.09 11 0.5 17.1 60 -0.05 YUA0108 28 29 EOH 3 0.04 0.09 11 0.4 4.7 31 -0.05 YUA0109 32 33 EOH 3 0.03 0.06 16 0.6 3.7 56 -0.05 YUA0110 32 33 EOH 2 0.05 0.14 16 0.5 7.8 47 -0.05 YUA0111 31 32 EOH 2 0.07 0.16 14 0.5 5.9 32 -0.05 YUA0112 30 31 EOH 2 0.06 0.14 19 0.6 5.6 31 -0.05 YUA0113 28 29 EOH 2 96.80 0.83 78 2.1 8.1 112 -0.05 YUA0114 32 33 EOH 2 0.18 0.14 18 0.6 3.0 50 -0.05 YUA0115 28 29 EOH 2 0.62 12.50 9 0.9 5.6 51 0.15 YUA0116 26 27 EOH 2 0.74 0.32 18 1.3 4.6 47 -0.05 YUA0117 24 25 EOH 1 0.08 0.20 13 0.8 6.5 65 -0.05 YUA0118 23 24 EOH 2 0.16 0.21 17 0.5 3.9 47 -0.05 YUA0119 21 22 EOH 3 0.14 0.21 25 0.9 6.1 44 0.05 YUA0120 28 29 EOH 2 0.07 0.05 8 0.4 5.5 75 -0.05 YUA0121 24 25 EOH 2 0.03 0.08 5 0.4 5.3 79 -0.05 YUA0122 19 20 EOH 1 0.42 0.11 8 0.6 3.7 64 -0.05 YUA0123 17 18 EOH 2 0.38 0.07 10 0.7 1.5 31 -0.05 YUA0124 12 13 EOH 2 9.76 0.12 11 2.6 4.4 70 -0.05 YUA0125 12 13 EOH 1 0.32 0.15 6 5.3 3.2 80 -0.05 YUA0126 15 16 EOH 3 0.77 0.13 20 1.4 1.3 43 -0.05 YUA0127 19 20 EOH 3 21.70 0.11 24 3.8 1.9 51 -0.05 YUA0128 50 51 EOH 2 0.11 0.07 16 0.7 1.9 63 -0.05 YUA0129 51 52 EOH 3 0.13 0.12 18 0.5 2.8 65 -0.05 YUA0130 26 27 EOH 8 0.15 0.13 13 0.9 3.4 29 -0.05 YUA0131 26 27 EOH 4 0.13 0.11 17 0.5 2.6 27 -0.05 YUA0132 25 26 EOH 4 0.27 0.10 13 0.9 2.2 22 -0.05 YUA0133 23 24 EOH 3 0.13 0.10 13 1.1 14.0 69 -0.05 YUA0134 29 30 EOH 2 0.06 0.18 4 0.8 14.4 94 -0.05 YUA0135 21 22 EOH 4 0.37 0.09 7 0.9 7.5 72 -0.05 YUA0136 22 23 EOH 3 0.51 0.12 10 1.0 6.2 66 -0.05 YUA0137 25 26 EOH 3 0.66 0.14 8 0.8 4.8 48 -0.05 YUA0138 26 27 EOH 2 3.54 0.22 9 2.4 9.0 91 -0.05 YUA0139 19 20 EOH 3 0.97 0.13 12 1.3 5.6 58 -0.05 YUA0140 18 19 EOH 3 0.17 0.10 11 1.0 5.6 57 -0.05 YUA0141 22 23 EOH 3 0.17 0.35 11 4.6 3.5 23 -0.05 YUA0142 23 24 EOH 5 0.15 0.33 5 1.4 4.1 16 -0.05 YUA0143 38 39 EOH 6 0.04 0.13 7 2.3 3.7 66 -0.05 YUA0144 50 51 EOH 14 0.09 0.14 28 4.5 10.5 90 -0.05 YUA0145 71 72 EOH 7 0.05 0.22 56 2.3 3.4 85 0.14 YUA0146 44 45 EOH 8 0.21 0.30 37 1.1 3.6 80 0.07 YUA0147 35 36 EOH 3 0.07 0.59 211 2.1 3.7 158 0.13 YUA0148 32 33 EOH 1 0.15 0.29 77 1.2 2.6 114 0.21 YUA0149 59 60 EOH 5 0.06 0.31 48 1.6 6.2 99 0.25 YUA0150 78 79 EOH 9 0.09 0.23 65 1.6 6.0 136 0.24 YUA0151 61 62 EOH 4 0.11 0.31 70 1.7 7.8 141 0.1 YUA0152 64 65 EOH 3 0.09 0.46 71 1.7 3.5 107 0.25 YUA0153 54 55 EOH 6 0.05 0.57 88 1.5 5.0 126 0.21 YUA0154 71 72 EOH 8 0.05 0.62 46 1.7 2.8 100 0.11 YUA0155 71 72 EOH 3 0.06 0.42 63 0.7 3.6 106 0.07 YUA0156 74 75 EOH 7 0.09 0.76 84 1.8 2.5 96 0.24 YUA0157 68 69 EOH 5 0.29 1.08 98 1.5 7.3 278 0.25 YUA0158 53 54 EOH 7 0.06 0.37 65 0.9 5.2 175 0.12 YUA0159 59 60 EOH 6 0.06 0.86 56 0.7 4.6 144 0.12 YUA0160 21 24 Comp 4 0.05 0.22 23 0.7 1.0 31 -0.05 YUA0160 24 27 Comp 4 0.06 0.20 23 0.8 1.2 28 -0.05 YUA0160 27 30 Comp 2 0.23 0.41 32 0.3 2.3 40 0.14 YUA0160 30 33 Comp 1 0.13 0.71 55 0.5 6.6 87 0.38 YUA0160 33 36 Comp 2 0.09 1.20 47 0.5 5.3 104 0.3 YUA0160 36 39 Comp 2 0.05 1.61 30 0.7 6.0 93 0.33 YUA0160 39 42 Comp 5 0.05 2.82 48 0.7 6.5 153 0.37 YUA0160 42 45 Comp 7 0.07 1.50 49 0.6 4.9 141 0.32 YUA0160 45 48 Comp 18 0.14 1.69 61 1.5 9.1 119 0.6 YUA0160 48 51 Comp 25 0.20 7.19 99 3.0 11.1 82 2.25 YUA0160 51 54 Comp 6 0.09 3.34 75 2.0 12.6 102 1.11 YUA0160 54 57 Comp 3 0.06 0.79 44 0.8 6.8 103 0.26 YUA0160 57 60 Comp 5 0.06 0.88 36 0.9 5.5 95 0.35 YUA0160 60 63 Comp 4 0.14 5.18 60 1.5 6.1 107 1.01 YUA0160 63 66 Comp 5 0.14 3.91 71 2.6 5.3 119 1.07 YUA0160 66 69 Comp 4 0.08 2.63 83 1.7 5.4 121 0.42 YUA0160 69 72 Comp 4 0.06 2.39 77 3.5 5.1 140 0.34 YUA0160 72 74 Comp 3 0.05 0.46 94 1.0 4.8 134 0.11 YUA0160 74 75 EOH 5 0.07 1.16 76 1.1 7.3 141 0.31 YUA0161 21 24 Comp 3 0.09 0.20 20 0.6 0.8 28 0.05 YUA0161 24 27 Comp 3 0.13 0.35 24 0.8 1.6 32 0.06 YUA0161 27 30 Comp 3 0.20 0.65 27 0.4 4.9 37 0.17 YUA0161 30 33 Comp 1 0.21 1.26 66 1.1 3.9 67 0.5 YUA0161 33 36 Comp 2 0.40 0.46 73 1.2 4.3 133 0.2 YUA0161 36 39 Comp 2 0.33 0.44 68 1.2 4.7 165 0.18 YUA0161 39 42 Comp -1 0.17 0.90 50 1.7 5.1 141 0.5 YUA0161 42 45 Comp 4 0.05 1.26 71 1.7 6.6 131 0.49 YUA0161 45 48 Comp 10 0.07 1.29 89 0.8 7.7 173 0.48 YUA0161 48 51 Comp 2 0.02 0.58 51 1.2 4.8 150 0.17 YUA0161 51 54 Comp 8 0.08 1.34 54 2.5 5.0 127 0.27 YUA0161 54 57 Comp 6 0.07 1.72 15 5.6 6.1 123 0.44 YUA0161 57 60 Comp 6 0.17 15.80 63 5.3 14.3 194 0.97 YUA0161 60 63 Comp 4 0.15 7.23 114 6.5 47.3 447 1.25 YUA0161 63 66 Comp 14 1.31 2.52 36 5.6 12.0 132 0.64 YUA0161 66 69 Comp 10 0.20 5.05 48 2.0 17.2 132 0.81 YUA0161 69 72 Comp 9 0.51 3.55 57 1.9 12.5 107 0.62 YUA0161 72 75 Comp 16 0.09 2.31 71 1.8 11.0 81 1.02 YUA0161 75 77 Comp 8 0.23 16.45 53 1.3 4.4 122 1.14 YUA0161 77 78 EOH 5 0.11 71.60 111 1.7 6.4 116 6.23 YUA0162 18 21 Comp 12 0.25 0.10 17 0.6 0.5 22 -0.05 YUA0162 21 24 Comp 13 0.08 0.32 20 0.7 0.6 27 -0.05 YUA0162 24 27 Comp 9 0.08 0.16 19 0.8 1.2 30 0.05 YUA0162 27 30 Comp 9 0.16 0.53 18 0.4 2.2 21 0.11 YUA0162 30 33 Comp 4 0.18 1.15 13 0.6 6.2 16 0.45 YUA0162 33 36 Comp 2 0.05 1.98 17 1.9 7.3 17 1.05 YUA0162 36 39 Comp 1 0.08 2.13 13 1.4 11.0 14 1.29 YUA0162 39 42 Comp 3 0.08 7.51 20 7.4 8.1 32 3.59 YUA0162 42 45 Comp 4 0.09 2.25 13 12.2 5.9 28 0.84 YUA0162 45 48 Comp 13 0.12 11.45 18 44.3 5.3 47 2.57 YUA0162 48 51 Comp 9 0.11 8.36 22 58.4 5.9 60 2.14 YUA0162 51 54 Comp 54 0.28 14.50 21 31.4 6.4 63 11.8 YUA0162 54 57 Comp 21 0.23 3.49 28 10.6 10.1 76 1.24 YUA0162 57 60 Comp 27 1.69 7.57 55 24.6 10.8 98 2.66 YUA0162 60 63 Comp 22 2.26 12.25 44 21.6 4.9 83 6.29 YUA0162 63 66 Comp 20 1.55 9.24 29 24.8 4.6 106 1.28 YUA0162 66 69 Comp 16 0.81 5.60 30 24.8 5.7 75 0.96 YUA0162 69 72 Comp 16 0.95 3.20 17 13.7 5.1 64 0.57 YUA0162 72 74 Comp 70 1.30 4.95 11 99.7 8.6 125 0.81 YUA0162 74 75 EOH 14 0.27 1.54 7 9.9 7.7 138 0.76 YUA0163 59 60 EOH 2 0.10 0.50 70 1.0 6.1 174 0.11 YUA0164 59 60 EOH 3 0.04 0.50 56 0.5 8.9 269 0.12 YUA0165 56 57 EOH 3 0.28 0.28 40 0.5 6.7 186 0.06 YUA0166 47 48 EOH 1 0.06 0.17 35 0.4 4.6 94 -0.05 YUA0167 68 69 EOH 2 0.10 0.26 43 0.8 2.1 92 0.05 YUA0168 62 63 EOH 14 0.21 2.62 99 1.1 7.8 199 0.67 YUA0169 17 18 EOH 2 0.32 1.62 4 0.8 3.5 29 -0.05 YUA0170 17 18 EOH 5 0.12 0.95 9 0.9 2.0 20 0.05 YUA0171 20 21 EOH 3 0.35 0.70 11 0.9 2.8 132 -0.05 YUA0172 21 22 EOH 9 0.48 0.61 6 1.0 6.8 14 -0.05 YUA0173 19 20 EOH 2 0.20 0.22 66 1.4 2.5 52 -0.05 YUA0174 41 42 EOH 5 0.78 9.50 7 2.9 6.3 84 0.15 YUA0175 27 28 EOH 47 0.12 0.54 24 2.1 9.2 65 -0.05 YUA0176 23 24 EOH 4 0.17 0.28 12 1.5 1.6 26 -0.05 YUA0177 28 29 EOH 2 0.09 0.25 22 1.0 0.9 50 0.05 YUA0178 25 26 EOH 11 0.11 0.11 9 0.5 0.6 16 -0.05 YUA0179 34 35 EOH 21 0.04 0.27 104 0.8 9.3 155 0.17 YUA0180 35 36 EOH 2 0.05 0.17 175 0.5 8.1 154 0.36 YUA0181 24 27 Comp 1 0.06 0.10 23 0.4 1.6 15 -0.05 YUA0181 27 30 Comp 4 0.23 0.61 47 2.2 4.0 65 0.14 YUA0181 30 33 Comp 3 0.15 0.46 141 2.7 3.0 69 0.1 YUA0181 33 36 Comp 1 0.16 1.03 211 7.1 7.0 175 0.18 YUA0181 36 39 Comp 3 0.06 0.63 74 2.6 5.0 123 0.09 YUA0181 39 42 Comp 3 0.11 0.61 131 2.9 5.5 105 0.12 YUA0181 42 45 Comp 4 0.17 0.97 176 3.1 4.1 81 0.19 YUA0181 45 47 Comp 4 0.12 0.56 139 3.2 4.1 83 0.1 YUA0181 47 48 EOH 2 0.13 0.65 150 3.0 3.8 74 0.08 YUA0182 43 44 EOH 12 0.12 0.83 299 1.2 24.7 190 0.37 YUA0183 49 50 EOH 50 0.55 0.29 176 0.9 7.4 199 0.07 YUA0184 25 26 EOH 3 1.88 0.19 29 4.2 2.1 27 0.06 YUA0185 18 21 Comp 13 0.09 0.13 21 0.8 0.7 32 -0.05 YUA0185 21 24 Comp 4 0.08 0.19 22 1.2 1.5 30 0.05 YUA0185 24 27 Comp 3 0.25 3.52 45 6.6 6.8 43 0.12 YUA0185 27 30 Comp 2 0.17 3.27 117 2.2 12.9 51 0.2 YUA0185 30 33 Comp 6 1.00 2.73 353 1.6 10.5 333 0.13 YUA0185 33 36 Comp 17 1.08 1.02 288 1.2 11.8 387 0.1 YUA0185 36 39 Comp 19 0.65 0.91 236 6.5 11.7 238 0.06 YUA0185 39 42 Comp 28 0.05 1.54 233 1.3 12.1 254 0.08 YUA0185 42 44 Comp 10 0.15 0.83 153 1.0 11.9 139 -0.05 YUA0185 44 45 EOH 12 0.16 1.04 156 1.2 9.0 118 0.06 YUA0186 32 33 EOH 4 0.08 0.30 58 1.4 1.9 50 -0.05 YUA0187 77 78 EOH 2 0.16 0.44 54 1.3 7.2 120 0.12 Appendix 3: Soil sample results for Au, Sb, and As, relevant to the mineralisation style and reported in this release. Bold values are considered anomalous for the district Sample ID Type Easting (m) Northing (m) Height (m) As (ppm) Au (ppb) Sb (ppm) J5056 Soil 562,602 7,674,442 58 8 5 1.3 J5057 Soil 562,600 7,674,363 53 9 3 2.8 J5058 Soil 562,604 7,674,282 55 8 3 3.2 J5059 Soil 562,565 7,674,042 51 5 4 1.5 J5060 Soil 562,604 7,674,042 50 13 3 10.3 J5061 Soil 562,644 7,674,041 49 63 4 26.5 J5062 Soil 562,683 7,674,042 48 51 11 18.5 J5063 Soil 562,722 7,674,042 48 74 18 27.9 J5064 Soil 562,763 7,674,042 46 22 4 16.3 J5066 Soil 562,804 7,674,042 47 17 9 4.7 J5067 Soil 562,841 7,674,041 42 9 5 2.2 J5068 Soil 562,883 7,674,043 38 7 2 1.0 J5069 Soil 562,803 7,673,881 40 5 1 0.6 J5071 Soil 562,762 7,673,884 39 9 3 1.3 J5072 Soil 562,724 7,673,881 40 9 3 4.5 J5073 Soil 562,685 7,673,875 41 18 5 23.1 J5074 Soil 562,643 7,673,882 45 13 6 3.5 J5075 Soil 562,603 7,673,882 46 17 7 7.3 J5076 Soil 562,564 7,673,882 54 7 3 4.7 J5077 Soil 562,522 7,673,882 59 4 3 1.1 J5078 Soil 562,483 7,673,882 62 3 3 0.3 J5079 Soil 562,443 7,673,722 51 4 4 5.4 J5080 Soil 562,483 7,673,722 51 3 5 3.5 J5081 Soil 562,523 7,673,722 47 5 4 3.1 J5082 Soil 562,564 7,673,722 48 7 3 3.4 J5083 Soil 562,604 7,673,722 48 11 4 7.0 J5084 Soil 562,637 7,673,722 45 7 4 2.0 J5086 Soil 562,683 7,673,722 46 8 26 1.4 J5087 Soil 562,723 7,673,722 44 13 4 2.1 J5088 Soil 562,757 7,673,719 45 7 2 0.9 J5089 Soil 562,764 7,673,562 46 16 5 6.3 J5090 Soil 562,724 7,673,562 45 17 3 10.7 J5091 Soil 562,683 7,673,562 51 37 19 19.8 J5092 Soil 562,644 7,673,562 56 19 2 11.4 J5093 Soil 562,603 7,673,562 54 19 1 17.0 J5094 Soil 562,563 7,673,562 52 26 3 33.0 J5096 Soil 562,523 7,673,561 55 5 2 3.0 J5097 Soil 562,524 7,673,482 55 4 1 1.3 J5098 Soil 562,564 7,673,482 55 37 6 15.2 J5099 Soil 562,603 7,673,482 53 22 2 18.6 J5100 Soil 562,643 7,673,482 46 13 1 8.6 J5117 Soil 562,684 7,673,482 43 22 3 9.9 J5118 Soil 562,722 7,673,483 41 12 2 5.5 J5119 Soil 562,764 7,673,481 38 8 85 2.3 J5121 Soil 562,724 7,673,322 36 10 3 2.2 J5122 Soil 562,684 7,673,322 41 81 7 20.8 J5123 Soil 562,644 7,673,322 42 19 4 19.5 J5124 Soil 562,604 7,673,322 41 24 2 9.2 J5125 Soil 562,562 7,673,322 43 24 4 33.9 J5126 Soil 562,523 7,673,322 41 5 4 1.4 J5127 Soil 562,523 7,673,162 47 5 3 1.7 J5128 Soil 562,564 7,673,162 47 53 6 37.4 J5129 Soil 562,604 7,673,162 45 47 4 21.2 J5130 Soil 562,643 7,673,162 44 32 3 14.4 J5131 Soil 562,683 7,673,162 42 11 4 4.0 J5132 Soil 562,723 7,673,163 41 6 1 1.3 J5133 Soil 562,764 7,673,162 42 7 2 0.9 J5134 Soil 562,721 7,673,003 40 15 12 3.8 J5136 Soil 562,682 7,672,999 42 6 2 1.5 J5137 Soil 562,643 7,673,002 45 51 12 23.8 J5138 Soil 562,603 7,673,002 46 34 3 48.3 J5139 Soil 562,563 7,673,002 48 24 7 18.6 J5140 Soil 562,523 7,673,002 47 9 2 4.4 J5141 Soil 562,524 7,672,842 51 14 5 11.3 J5142 Soil 562,563 7,672,842 50 14 4 7.7 J5143 Soil 562,603 7,672,842 49 27 31 21.7 J5144 Soil 562,639 7,672,842 50 35 7 10.2 J5146 Soil 562,683 7,672,843 47 7 2 1.6 J5147 Soil 562,643 7,672,682 46 6 2 0.8 J5148 Soil 562,603 7,672,682 49 13 5 1.8 J5149 Soil 562,564 7,672,682 50 11 2 2.0 J5150 Soil 562,524 7,672,682 49 13 12 4.3 J5201 Soil 562,563 7,674,442 61 7 6 1.1 J5201 Soil 562,563 7,674,442 61 7 6 1.1 J5202 Soil 562,564 7,674,362 53 8 2 3.1 J5202 Soil 562,564 7,674,362 53 8 2 3.1 J5203 Soil 562,563 7,674,282 52 7 8 2.8 J5203 Soil 562,563 7,674,282 52 7 8 2.8 J5204 Soil 562,602 7,674,203 50 7 3 8.2 J5204 Soil 562,602 7,674,203 50 7 3 8.2 J5205 Soil 562,602 7,674,122 44 5 1 2.5 J5205 Soil 562,602 7,674,122 44 5 1 2.5 J5206 Soil 562,644 7,674,122 45 8 2 5.5 J5206 Soil 562,644 7,674,122 45 8 2 5.5 J5207 Soil 562,684 7,674,122 49 13 2 6.1 J5207 Soil 562,684 7,674,122 49 13 2 6.1 J5208 Soil 562,724 7,674,122 47 17 3 7.5 J5208 Soil 562,724 7,674,122 47 17 3 7.5 J5209 Soil 562,763 7,674,122 46 6 9 5.1 J5209 Soil 562,763 7,674,122 46 6 9 5.1 J5210 Soil 562,805 7,674,122 47 5 5 2.7 J5210 Soil 562,805 7,674,122 47 5 5 2.7 J5211 Soil 562,844 7,674,122 44 6 2 1.6 J5211 Soil 562,844 7,674,122 44 6 2 1.6 J5212 Soil 562,844 7,673,962 38 6 4 0.9 J5212 Soil 562,844 7,673,962 38 6 4 0.9 J5213 Soil 562,803 7,673,962 37 14 6 1.5 J5213 Soil 562,803 7,673,962 37 14 6 1.5 J5214 Soil 562,762 7,673,962 43 15 4 5.1 J5214 Soil 562,762 7,673,962 43 15 4 5.1 J5216 Soil 562,723 7,673,962 41 23 4 5.8 J5216 Soil 562,723 7,673,962 41 23 4 5.8 J5217 Soil 562,684 7,673,962 44 14 4 12.7 J5217 Soil 562,684 7,673,962 44 14 4 12.7 J5218 Soil 562,643 7,673,962 50 18 10 10.6 J5218 Soil 562,643 7,673,962 50 18 10 10.6 J5219 Soil 562,604 7,673,962 48 27 6 27.4 J5219 Soil 562,604 7,673,962 48 27 6 27.4 J5221 Soil 562,563 7,673,962 46 4 3 1.3 J5221 Soil 562,563 7,673,962 46 4 3 1.3 J5222 Soil 562,522 7,673,962 50 4 2 0.7 J5222 Soil 562,522 7,673,962 50 4 2 0.7 J5223 Soil 562,444 7,673,802 67 3 3 0.2 J5223 Soil 562,444 7,673,802 67 3 3 0.2 J5224 Soil 562,483 7,673,802 58 3 3 0.9 J5224 Soil 562,483 7,673,802 58 3 3 0.9 J5225 Soil 562,523 7,673,801 57 3 3 1.2 J5225 Soil 562,523 7,673,801 57 3 3 1.2 J5226 Soil 562,563 7,673,802 50 7 9 3.4 J5226 Soil 562,563 7,673,802 50 7 9 3.4 J5227 Soil 562,603 7,673,802 48 13 2 15.8 J5227 Soil 562,603 7,673,802 48 13 2 15.8 J5228 Soil 562,643 7,673,802 41 6 1 1.6 J5228 Soil 562,643 7,673,802 41 6 1 1.6 J5229 Soil 562,683 7,673,802 46 10 4 2.9 J5229 Soil 562,683 7,673,802 46 10 4 2.9 J5230 Soil 562,724 7,673,802 45 11 5 2.3 J5230 Soil 562,724 7,673,802 45 11 5 2.3 J5231 Soil 562,762 7,673,802 41 6 21 0.8 J5231 Soil 562,762 7,673,802 41 6 21 0.8 J5232 Soil 562,803 7,673,802 39 7 3 1.6 J5232 Soil 562,803 7,673,802 39 7 3 1.6 J5233 Soil 562,724 7,673,642 46 10 6 2.3 J5233 Soil 562,724 7,673,642 46 10 6 2.3 J5234 Soil 562,684 7,673,642 46 17 2 4.3 J5234 Soil 562,684 7,673,642 46 17 2 4.3 J5236 Soil 562,644 7,673,642 53 23 3 29.0 J5236 Soil 562,644 7,673,642 53 23 3 29.0 J5237 Soil 562,602 7,673,643 47 20 6 17.2 J5237 Soil 562,602 7,673,643 47 20 6 17.2 J5238 Soil 562,565 7,673,642 45 12 8 7.6 J5238 Soil 562,565 7,673,642 45 12 8 7.6 J5239 Soil 562,523 7,673,641 49 6 2 8.4 J5239 Soil 562,523 7,673,641 49 6 2 8.4 J5240 Soil 562,484 7,673,642 55 3 2 2.8 J5240 Soil 562,484 7,673,642 55 3 2 2.8 J5241 Soil 562,443 7,673,643 64 3 1 3.4 J5241 Soil 562,443 7,673,643 64 3 1 3.4 J5242 Soil 562,525 7,673,403 41 5 4 3.7 J5242 Soil 562,525 7,673,403 41 5 4 3.7 J5243 Soil 562,563 7,673,402 47 20 4 21.4 J5243 Soil 562,563 7,673,402 47 20 4 21.4 J5244 Soil 562,604 7,673,402 47 40 3 21.9 J5244 Soil 562,604 7,673,402 47 40 3 21.9 J5246 Soil 562,643 7,673,403 44 21 2 17.0 J5246 Soil 562,643 7,673,403 44 21 2 17.0 J5247 Soil 562,682 7,673,402 40 32 6 24.6 J5247 Soil 562,682 7,673,402 40 32 6 24.6 J5248 Soil 562,723 7,673,402 39 15 3 5.5 J5248 Soil 562,723 7,673,402 39 15 3 5.5 J5249 Soil 562,722 7,673,243 42 8 4 1.6 J5249 Soil 562,722 7,673,243 42 8 4 1.6 J5250 Soil 562,684 7,673,241 41 14 3 5.3 J5250 Soil 562,684 7,673,241 41 14 3 5.3 J5251 Soil 562,644 7,673,242 45 19 2 5.4 J5251 Soil 562,644 7,673,242 45 19 2 5.4 J5252 Soil 562,604 7,673,242 39 16 42 10.7 J5252 Soil 562,604 7,673,242 39 16 42 10.7 J5253 Soil 562,563 7,673,242 45 21 8 25.9 J5253 Soil 562,563 7,673,242 45 21 8 25.9 J5254 Soil 562,523 7,673,242 48 4 2 1.2 J5254 Soil 562,523 7,673,242 48 4 2 1.2 J5255 Soil 562,524 7,673,082 50 27 4 42.9 J5255 Soil 562,524 7,673,082 50 27 4 42.9 J5256 Soil 562,563 7,673,083 48 21 2 15.2 J5256 Soil 562,563 7,673,083 48 21 2 15.2 J5257 Soil 562,603 7,673,081 46 38 6 39.2 J5257 Soil 562,603 7,673,081 46 38 6 39.2 J5258 Soil 562,644 7,673,082 41 33 5 21.6 J5258 Soil 562,644 7,673,082 41 33 5 21.6 J5259 Soil 562,684 7,673,082 40 7 2 1.9 J5259 Soil 562,684 7,673,082 40 7 2 1.9 J5260 Soil 562,722 7,673,081 40 8 2 3.7 J5260 Soil 562,722 7,673,081 40 8 2 3.7 J5261 Soil 562,764 7,673,083 39 6 1 0.8 J5261 Soil 562,764 7,673,083 39 6 1 0.8 J5262 Soil 562,763 7,672,921 36 6 3 0.9 J5262 Soil 562,763 7,672,921 36 6 3 0.9 J5263 Soil 562,721 7,672,920 39 17 11 9.8 J5263 Soil 562,721 7,672,920 39 17 11 9.8 J5264 Soil 562,683 7,672,922 40 9 1 3.1 J5264 Soil 562,683 7,672,922 40 9 1 3.1 J5266 Soil 562,643 7,672,922 41 24 2 11.2 J5266 Soil 562,643 7,672,922 41 24 2 11.2 J5267 Soil 562,603 7,672,921 43 60 4 35.0 J5267 Soil 562,603 7,672,921 43 60 4 35.0 J5268 Soil 562,563 7,672,921 45 31 4 32.8 J5268 Soil 562,563 7,672,921 45 31 4 32.8 J5269 Soil 562,524 7,672,922 47 28 6 7.0 J5269 Soil 562,524 7,672,922 47 28 6 7.0 J5271 Soil 562,523 7,672,762 52 12 4 4.5 J5271 Soil 562,523 7,672,762 52 12 4 4.5 J5272 Soil 562,563 7,672,760 47 12 2 2.4 J5272 Soil 562,563 7,672,760 47 12 2 2.4 J5273 Soil 562,603 7,672,762 47 14 2 3.1 J5273 Soil 562,603 7,672,762 47 14 2 3.1 J5274 Soil 562,644 7,672,762 46 79 22 22.7 J5274 Soil 562,644 7,672,762 46 79 22 22.7 J5275 Soil 562,684 7,672,762 46 13 2 3.2 J5275 Soil 562,684 7,672,762 46 13 2 3.2 J5276 Soil 562,674 7,672,600 42 12 5 2.8 J5276 Soil 562,674 7,672,600 42 12 5 2.8 J5277 Soil 562,643 7,672,602 41 7 2 0.9 J5277 Soil 562,643 7,672,602 41 7 2 0.9 J5278 Soil 562,602 7,672,602 43 13 6 1.8 J5278 Soil 562,602 7,672,602 43 13 6 1.8 J5279 Soil 562,564 7,672,602 46 12 2 1.4 J5279 Soil 562,564 7,672,602 46 12 2 1.4 J5280 Soil 562,524 7,672,602 48 17 10 3.7 J5280 Soil 562,524 7,672,602 48 17 10 3.7 J5281 Soil 562,522 7,672,442 46 7 3 1.0 J5281 Soil 562,522 7,672,442 46 7 3 1.0 J5282 Soil 562,564 7,672,442 44 10 3 0.8 J5282 Soil 562,564 7,672,442 44 10 3 0.8 J5283 Soil 562,603 7,672,442 42 12 4 1.3 J5283 Soil 562,603 7,672,442 42 12 4 1.3 J5284 Soil 562,568 7,672,282 44 8 4 0.7 J5284 Soil 562,568 7,672,282 44 8 4 0.7 J5286 Soil 562,523 7,672,282 46 8 2 1.1 J5286 Soil 562,523 7,672,282 46 8 2 1.1 J5301 Soil 562,523 7,672,522 51 8 15 0.7 J5302 Soil 562,564 7,672,522 49 16 6 1.4 J5303 Soil 562,602 7,672,522 44 8 2 1.3 J5304 Soil 562,595 7,672,362 43 9 2 0.9 J5305 Soil 562,561 7,672,362 46 6 1 0.6 J5306 Soil 562,522 7,672,362 50 11 3 1.7 Appendix 4: Rock sample results for Au, Sb, and As, relevant to the mineralisation style and reported in this release. Bold values are considered anomalous for the district Sample ID Type Easting (m) Northing (m) Height (m) As (ppm) Au (ppb) Sb (ppm) R07957 Rock 562,577 7,672,876 50 39 3 15 R07958 Rock 562,566 7,673,302 34 156 2 2,150 R07959 Rock 562,577 7,673,302 35 168 3 673 R07960 Rock 562,595 7,673,103 46 12 1 16 R07961 Rock 562,557 7,673,094 48 273 4 710 R07962 Rock 562,529 7,673,094 46 219 4 1,650 R07963 Rock 562,618 7,673,025 46 651 11 1,230 R07964 Rock 562,564 7,673,540 47 50 4 51 R07965 Rock 562,644 7,674,051 45 1,120 4 241 R07967 Rock 562,683 7,674,027 47 12 1 101 R07968 Rock 562,788 7,674,045 50 30 1 88 R07970 Rock 562,718 7,674,051 53 240 2 226 JORC Code, 2012 Edition – Table 1 Section 1: Sampling Techniques and Data (Criteria listed in the preceding section also apply to this section) Criteria JORC Code explanation Commentary Sampling techniques Nature and quality of sampling (e.g., 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 (e.g., '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 (e.g., submarine nodules) may warrant disclosure of detailed information. Balla Balla AC samples were speared from 1 m sample piles into 3 m composites. Composite length was reduced at end of hole to accommodate a final one metre end of hole sample. Samples are approximately 2 – 3 kg, and pulverised in full Speared composite samples were analysed for gold using a 50 g fire assay. End of hole samples were analysed for gold, platinum and palladium using a 50 g PGM-ICP24 assay and for multi-elements using a 0.25 g ME-MS61 assay Sherlock Crossing rock chips samples were collected by grab sampling 1 – 3 kg of material. Sample sites were selected to be representative of the lithology sampled, and the same sampling technique was employed at each sample site where possible. Samples are pulverised in full and analysed for gold using a 50 g fire assay (Au-ICP22) and for multi-elements using a 0.25 g ME-MS61 assay Sherlock Crossing soil samples of ~200 g were collected from small pits 10 cm – 40 cm in depth and sieved to <80# mesh. A 25 g aliquot was digested via aqua regia (AuME-TL43) Drilling techniques Drill type (e.g., core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (e.g., 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). Balla Balla AC drilling was completed by Wallis Drilling, using a Mantis 200 drill rig with NQ sized drill rods 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. Sample recoveries were estimated from sample piles. Records were made of sample quality, including contamination and wetness. The rig utilises a cyclone to ensure all material is captured in metre intervals, with dust suppression to retain fines. The cyclone was regularly cleaned to minimise sample contamination No relationship between sample recovery or contamination and grade is recognised. 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 qualitative or quantitative in nature. Core (or costean, channel, etc) photography. The total length and percentage of the relevant intersections logged. AC chips were logged for qualitative and quantitative properties including interpreted lithology, alteration and mineralisation, magsus, and sample properties. Chips and pieces of core were photographed and stored for future test work. All one metre intervals are logged. Chips were not analysed for geotechnical or metallurgical properties, and this preliminary program will not be part of a Mineral Resource estimation Rock chip samples are geologically logged with quantitative and qualitative data collected including a description of lithology, vein type and vein densities, and alteration. Sub-sampling techniques and sample preparation 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 sub-sampling 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. Balla Balla AC samples were speared from one metre sample piles into three metre composites. Spearing AC samples from piles on the ground is appropriate for the early exploration phase. Spearing is completed with a custom made pvc spear, held parallel to the ground to avoid contamination, and speared into the centre of the sample pile to best represent the entire metre drilled. Equal aliquots are combined into a three-metre composite for assay. Duplicate samples were collected for every 1 in 25 samples to check for repeatability. The sampling techniques and sample sizes are considered appropriate for the style of mineralisation. Rock samples are collected to best represent the material sampled across geological features. Quality of assay data and laboratory tests 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 (e.g., standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (if lack of bias) and precision have been established. AC sampling and analysis is considered appropriate for early exploration and the style of mineralisation tested. QAQC includes 2 CRM standards, 2 blanks, and 4 field duplicates per 100 samples. The rock chip sample assay methodology is considered appropriate for the style of mineralisation tested. The method includes inserting 2 CRM standards and 2 blanks per 100 samples or at least one of each per sample submission. The soil sample assay methodology has low level detection for gold and multi-elements and is considered appropriate for soil geochemistry for outcropping or near surface mineralisation. The method includes insertion of at least 2 blanks 2 CRM standards and 4 field duplicates per 100 samples. No QAQC issues were detected for Au or ME performance, with CRM performance passing review and no bias detected. Verification of sampling and assaying 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. Primary data was collected in the field using Geobank for Field Teams 24.0, which was then forwarded to the database manager email for upload to the Geobank (v2025.0) database, buffered through a validation portal that ensures code and primary record compliance. Geobank is a front-end UX/UI tender software platform (developed and sold by Micromine) attached to a SQL v15.1 server. Assay data was loaded from lab certificates received from the registered laboratory by an internal database manager or external database consultant, and industry-standard audit trails and chain-of-custody was adhered to. Verification included checking the data against original logs and utilising laboratory certificates. No adjustments of the assay data were made. Location of data points 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. All surface sample locations were recorded by hand-held GPS using the GDA 2020 zone 50 coordinate system. AC holes are surveyed at the start of hole using a handheld compass and clino on the rig mast. There are no downhole surveys completed due to the shallow nature of drilling. Topographic control at Balla Balla is from SRTM data, which is of sufficient quality for the relatively flat project terrain Data spacing and distribution Data spacing for reporting of Exploration Results. Whether the data spacing, and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied. Whether sample compositing has been applied. AC holes are spaced at 50 m, on lines spaced between 640 m and 2.8 km. This spacing is not sufficient to derive any geological or grade continuity. Samples are composited to 3 m intervals. Limited rock samples taken are indicative of potential grade tenor. These do not represent or imply any continuity or scale potential. Soil samples were taken on a nominal grid of 40 m by 80 m orientated to be perpendicular to the interpreted strike of the system. Orientation of data in relation to geological structure Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type. If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material. AC drill lines were designed to be perpendicular to most structures and stratigraphy trends. AC holes were angled to the southeast, which is assuming a vertical or northwest dip to features. Drilling intersected lithological contacts and structures as anticipated, although it is at this stage unknown if other orientated structures are present. The soil sample grid was orientated to best intersect the lithological and structural trends at right angles. Rock samples were taken across features with geological data recorded to best reflect unbiased sampling of possible mineralised structures. Sample security The measures taken to ensure sample security. All samples are stored and managed on site by internal staff. Samples are then transported by reputable companies to a registered laboratory where they are stored in a locked facility before being tracked and processed through the preparation and analysis system at the laboratory. Audits or reviews The results of any audits or reviews of sampling techniques and data. No audits have been undertaken. Section 2: Reporting of Exploration Results (Criteria listed in the preceding section also apply to this section) Criteria JORC Code explanation Commentary Mineral tenement and land tenure status Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings. The security of the tenure held at the time of reporting along with any known impediments to obtaining a license to operate in the area. The Balla Balla project is located on tenements E47/4703 and E47/4295. E47/4703 is held by SQM under the Harding Battery Metals JV, with Novo retaining a 25% interest in the tenement and 100% of the gold, silver, PGE, copper, lead and zinc mineral rights. E47/4295 is held by Meentheena Gold Pty Ltd, a wholly owned subsidiary of Novo. The drilling area falls within the Kariyarra Native Title claim. Novo have a tenement wide access agreement in place with Kariyarra and completed heritage surveys to allow AC drilling. Sherlock Crossing is located on tenement E47/3825, held by Karratha Gold Pty Ltd, a wholly owned subsidiary of Novo. It falls within the Ngarluma/Yindjibarndi Native Title Claim and is managed by the Ngarluma Aboriginal Corporation. Novo have an access agreement in place with Ngarluma and have completed a heritage survey to facilitate drilling. The tenements are currently in good standing and there are no known impediments. Exploration done by other parties Acknowledgment and appraisal of exploration by other parties. Balla Balla: Australia Inland Exploration and Esso Exploration conducted airborne and ground magnetics, an IP survey, diamond drilling, and thin section petrography targeting massive nickel and copper in the Sherlock Intrusion. The 1975 annual report concludes that any additional work on the tenement would only be justified if a new effective geophysical tool emerged Esso Exploration targeted the area in 1980 and 1981 with an additional aeromagnetic survey, an EM survey and RAB drilling. The RAB program consisted of 75 holes for a total of 1,535 m across the project area. All these targeted geophysical anomalies identified across the surveys conducted. Results were broadly disappointing with peak values of 101 ppm Ni, 196 ppm Cu, 127 ppm Zn, 0.5 ppm Ag, 115 ppm W, 92 ppm Pb and 0.05 ppm Au. Previous surface sampling was completed over the Ramquarry prospect in a JV between Gascoyne Gold, Dalrymple Resources and Sons of Gwalia in the 1997 to 1998 field season. 22 rock chip samples were taken, with results yielding no gold or base metal anomalies Golden State Mining in 2020 targeted VMS, shear hosted gold and to a lesser extent Ni-Cu sulphides. Results were broadly uninspiring with a peak Au value of 0.18 ppm Au Sherlock Crossing: Aarex 1997 (A53516 – A49869) collected thirty-five samples from outcrop or from the dump surrounding the main historical excavation at the Clarke Mine. The highest sample result was 84.8 g/t gold which averaged 68.5 g/t over four assays. Ascent Mining 2002 (A66185) collected twenty-one rock chip samples from Sherlock Crossing, located at the site of the historical Clarkes antimony mine, returning up to 98.8 g/t Au and 0.83% antimony Ourwest Corp 2007 (A76553) collected eleven rock chip samples which gave peak results of 3.78 g/t Au and 1390 ppm Sb. No other known work of relevance has been undertaken by other parties. Geology Deposit type, geological setting, and style of mineralisation. The mineralisation style at Balla Balla is unknown. Historical work focussed largely on VMS or shear hosted mineralisation. Results in this release suggest hydrothermal alteration related to shear hosted mineralisation. Sherlock Crossing is an orogenic narrow and high-grade vein hosted system, within ultramafics. Drill hole Information A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes, including Easting and northing of the drill hole collar, Elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole collar, dip and azimuth of the hole, down hole length and interception depth plus hole length. If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case. Collar details of all aircore holes, significant intercepts for gold mineralisation, and all multi-element data is provided for selected elements in Appendices All rock sample and soil sample results are reported in Appendices, listing all significant multi-elements. Data aggregation methods In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (e.g., cutting of high grades) and cut-off grades are usually Material and should be stated. Where aggregate intercepts incorporate short lengths of high-grade results and longer lengths of low-grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail. The assumptions used for any reporting of metal equivalent values should be clearly stated. Results from the AC program are low level. No weighted average or top cuts are applied. Significant intercepts are reported to a 10 ppb cut off, including 3 m of internal waste. Higher-grade results are reported to a 30 ppb cut off, and are higher-grade for the purpose of domaining zones of mineralisation only Relationship between mineralisation widths and intercept lengths These relationships are particularly important in the reporting of Exploration Results. If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported. If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (e.g., 'down hole length, true width not known'). True orientation of possible mineralisation is currently unknown. The AC drilling was orientated to be perpendicular as best as practical to potential structures. Only down hole lengths of mineralisation are reported here. Rock sample results are indicative in nature and, whilst representatively sampling the target lithology, do not contain any width or length information other than a qualitative description of the target. Diagrams Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported. These should include but not be limited to a plan view of drill hole collar locations and appropriate sectional views. Refer to the body of the release for appropriate maps and diagrams. Balanced reporting Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results. Due to the large number of downhole gold assay results, not all results are reported in Appendix 2. All significant results greater than 10 ppb are listed, including any higher-grade where intersected. The full multi element suite comprises 50 elements. Not all elements are reported in Appendix 3, but a selection relevant to the mineralisation style is reported. For these elements, all end of hole and down hole intervals are listed. All rock sample and soil sample results are reported. Other substantive exploration data Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances. Further work The nature and scale of planned further work (e.g., tests for lateral extensions or depth extensions or large-scale step-out drilling). Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive. Refer to the body of the release. Further hyperspectral work and geochemical analysis will be conducted on selected material for Balla Balla, to determine whether alteration can vector towards a mineralisation system. Novo intends to complete a ~ 1,000 m maiden RC drilling program at the Sherlock Crossing Au-Sb project in H2 2025. No Section 3 or 4 report as no Mineral Resources or Ore Reserves are reported in this Appendix Figures accompanying this announcement are available at:
Yahoo
2 days ago
- Business
- Yahoo
Rio Tinto Secures ARENA Support to Advance Decarbonisation Project
Rio Tinto Group RIO announced that its joint venture NeoSmelt secured Australian Renewable Energy Agency's ('ARENA') support for its planned Western Australian pilot plant. Rio Tinto, BHP Group BHP, and BlueScope, Australia's largest steelmaker, formed the NeoSmelt collaboration in February 2024. The joint venture was formed to develop Australia's largest ironmaking electric smelting furnace (ESF) pilot plant in Western aim was to advance decarbonizing the steelmaking process, which is the need of the hour, considering that steel production accounts for around 8% of the world's carbon combined BHP and Rio Tinto's knowledge of Pilbara iron ore with BlueScope's unique operating experience in ESF technology. BlueScope is the operator of the world's only ESF processing direct reduced iron (DRI) in New Woodside Energy and Mitsui Iron Ore Development have teamed up with Rio Tinto, BHP Group and BlueScope to grow NeoSmelt further. NeoSmelt secured A$19.8 million ($12.9) for a FEED study to develop lower-carbon production using Pilbara iron ore. The Western Australian Government has previously committed A$75 ($48.9) million contribution to the NeoSmelt pilot plant will test and optimize the production of iron from the ESF. The ESF is capable of producing iron suitable for the basic oxygen steelmaking process. Iron ore is first converted to DRI before being charged into the ESF. The DRI-ESF equipment can replace the traditional blast furnace. This can help in reductions of up to 80% in CO2 emission intensity compared with the conventional blast furnace steel pilot plant will produce molten iron of 30,000-40,000 tons a year. It will initially use natural gas to reduce iron ore to DRI. Once operational, the project aims to use lower-carbon emissions hydrogen for the project is currently in the feasibility phase, and the final investment decision for the pilot plant is expected in 2026, with operations anticipated to start in 2028. In the past year, shares of the company have lost 6.7% against the industry's 1% growth. Image Source: Zacks Investment Research Rio Tinto currently has a Zacks Rank #4 (Sell).Some better-ranked stocks from the basic materials space are SSR Mining Inc. SSRM and ATI Inc. ATI. SSR Mining currently sports a Zacks Rank #1 (Strong Buy), and ATI carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks Mining has an average trailing four-quarter earnings surprise of 58.8%. The Zacks Consensus Estimate for SSRM's 2025 earnings is pegged at $1.14 per share, implying year-over-year growth of 307%. SSR Mining stock has soared 88.6% last has an average trailing four-quarter earnings surprise of 12.54%. The Zacks Consensus Estimate for ATI's 2025 earnings is pegged at $3.01 per share, indicating year-over-year growth of 22.4%. ATI shares have jumped 54% last year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report ATI Inc. (ATI) : Free Stock Analysis Report Rio Tinto PLC (RIO) : Free Stock Analysis Report Silver Standard Resources Inc. (SSRM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
ABC News
3 days ago
- Business
- ABC News
Post-Juukan Gorge mining talks split Pilbara traditional owners
Rio Tinto is receiving mixed responses from Pilbara traditional owners in its attempts to modernise mining agreements on native title lands. Earlier this month, the mining giant struck a new co-management deal with the Puutu Kunti Kurrama and Pinikura (PKKP) people — the traditional owners of Juukan Gorge — who praised the agreement for giving them a greater say about how mining is carried out on their country. But the company is yet to do the same with most of the 10 traditional owner groups it has existing agreements with. Land use agreements between mining companies and traditional owners in the Pilbara have been in focus in the past five years, following a Senate inquiry into the Juukan Gorge incident. The inquiry heard some agreements allowed companies to withhold paying royalties to traditional owners until they signed off on new mining projects. Yinhawangka Aboriginal Corporation chief executive Liam Flanagan said early agreements gave its members just a fraction of the wealth being generated by iron ore mining on Yinhawangka country. "They included restrictive clauses and set benefit caps that did not reflect the scale of impact on country and on people's lives," he said. Gag clauses in others prevented traditional owners from seeking heritage protections without the mining company's permission. Rio Tinto and other major mining companies have had varied success in negotiating fairer deals. Some are gridlocked, including with the Robe River Kuruma people. "We're quite dissatisfied with Rio Tinto's position," Robe River Kuruma Aboriginal Corporation chief executive Anthony Galante said. He said the corporation would not sign a new deal until the company agreed to compensation for damage caused by mining before their 2013 land use agreement. "We've had mining on Robe River Kuruma country by Rio Tinto and its predecessors for 53 years," Mr Galante said. "And we consider that we've had 53 years of Juukan caves-like destruction on our country and we haven't received adequate compensation." While conversations with Rio Tinto are ongoing, Mr Galante said their negotiations were falling short, claiming there had been little done to rehabilitate cultural and environmental damage. He said the PKKP co-management agreement represented a "double standard" with the groups Rio was willing to compensate. Rio Tinto would not comment on the progress of talks with traditional owner groups, but said it was actively working to modernise each agreement. "Through our agreement-making processes, we are continuing to embed co-management and ensure Pilbara Traditional Owner voices are meaningfully included in our planning and decision-making," a spokesperson said. Other Indigenous groups negotiating with the company said they were focusing more on the future than the past. Mr Flanagan said the Yinhawangka Aboriginal Corporation's dealings with Rio Tinto had come a long way in the past decade. He pointed to the company's latest mine on Yinghawangka country — the $2 billion Western Range project — as an example. "This time around there was a noticeable shift," he said. "Yinhawangka knowledge holders were brought into the process earlier. That's a big change from past experience where key decisions were already made based on commercial reasons by the time we were at the table." Christina Stone, vice chair of the east Pilbara-based Karlka Nyiyaparli Aboriginal Corporation, said Juukan Gorge was a clear turning point. "I think that Aboriginal people themselves have become more knowledgeable, more educated and stronger in conveying their concerns and trying to get the best agreements possible," Ms Stone said. But when agreements are announced, details like the amount of money groups receive from companies are kept hidden. Mr Galante believed there was too much secrecy. "Mining companies like to cover up really important things which are largely in the public interest," he said. Other major companies operating in the Pilbara are working to update their agreements. The ABC understands BHP has four native title agreements in the region, and is close to modernising three of those. Meanwhile, Fortescue has seven major agreements with native title groups in the Pilbara region, but would not say how many had been modernised since 2020.
