• Step-out drilling delivers broad, high-grade mineralisation down-dip, beyond the limits of the existing 2.44Moz Mineral Resource
• In-fill drilling within the existing Mineral Resource has returned intercepts consistent with, and locally exceeding, the current Resource model
• Drilling momentum is accelerating with 13,031m (94 holes) completed to date across the KGP

The drilling campaign is targeting resource growth at the KGP, supporting future reserve conversion, improving confidence in early mine life areas, as well as targeting new discoveries across the Company's 3,000km2 of regional tenure in the south-west of Western Australia. Twenty holes were drilled to test mineralisation outside the current Mineral Resource and DFS pit designs, returning new significant results including 10m @ 2.24g/t Au from 346m and 6m @ 1.81g/t Au from 33m. These results highlight the potential to extend the mineralisation down-dip beyond the current Resource and mine design envelopes. Thirty-five in-fill drilling holes returned locally higher grades and/or widths relative to the current Resource model, including 24m @ 0.89g/t Au from 69m and 20m @ 1.00g/t Au from 137m. The remaining in-fill drilling results returned intercepts generally consistent with the current geological and grade model, providing increased confidence in grade continuity, particularly within planned early mine life areas. The drilling momentum is accelerating with 13,031m (94 holes) completed to date across the KGP and a third RC rig plus a diamond rig now operating on site.

The Company looks forward to delivering further results over the coming quarters, culminating in an updated Mineral Resource Estimate following completion of the current drilling campaign. Upcoming market updates will include RC and DD drilling results from the KGP across the Southern, Central and Northern Zones, including further extensional drilling results aimed at growing the open-pit Resource and assessing underground potential, as well as RC drilling results from regional targets including Nanicup Bridge and Kulin. FID for the Katanning Gold Project is targeted for Q2, with an updated KGP Mineral Resource Estimate expected in Q3.