• Acquisition of Viking Gold Project and Blair North Project in Western Australia
• Significant high-grade gold mineralization identified at both projects
• Approvals and permitting underway for drilling to commence in Q4 2025

Mount Burgess Mining NL (ASX: MTB) has signed binding sale agreements to acquire 100% of the Viking Gold Project and 100% of the Blair North Project, both located in Western Australia. The Viking Gold Project is an exciting high-grade gold opportunity located 30km east of Norseman, with previous drilling intersections of up to 6m @ 64 g/t Au. The Blair North Project is located 25km east of Kalgoorlie and has returned significant gold mineralization, including 5.9m @ 6.7 g/t Au. Approvals and permitting are underway for drilling to commence at both projects in Q4 2025. The acquisitions are consistent with Mount Burgess' strategic plan to advance its Kihabe-Nxuu project while building the project pipeline through targeted acquisitions. Metal Hawk Limited (ASX: MHK) and Falcon Metals Limited (ASX: FAL) will become major shareholders of Mount Burgess, with MHK appointing a nominee to the Mount Burgess board. The company has also secured A$900,000 in firm commitments via an oversubscribed placement to sophisticated investors.

The company has not provided any high-importance, price-sensitive forward-looking financial metrics in the announcement.

Mount Burgess is focused on progressing plans for initial RC drilling programs at both the Viking and Blair North projects. At Viking, the company will evaluate the resource potential of the high-grade shallow oxide gold zone at the Beaker 2 prospect. At Blair North, the company will follow-up and explore along the trend of the Commodore and Commodore North gold mineralization.