• Boa Vista exploration expands with 14 new gold targets
• Four priority targets advanced toward drill-ready status
• Geological similarities to West African Craton highlight potential
• Stream sediment sampling planned for underexplored areas

Australian Mines has expanded its exploration efforts at the Boa Vista Gold Project in Brazil, identifying 14 additional prospective gold targets outside the initial VG1 target area. These targets are associated with gold-in-soil anomalies, structural corridors, alteration zones, and historical artisanal workings. Four of the targets—Baixão, Zé do Leicha, Almir, and Jair—are being advanced toward drill-ready status, with the remaining 10 targets to be progressively assessed and ranked. High-grade rock-chip/grab samples from these targets highlight the potential for multiple gold-bearing zones beyond VG1. Boa Vista is located in the Tapajós Mineral Province, which is geologically comparable to the Birimian terranes of the West African Craton, suggesting significant mineral prospectivity. A comprehensive stream sediment sampling program is planned for the underexplored north-eastern area of the project to identify additional potential targets.

The Company is optimistic about the potential for multiple gold-bearing zones beyond the initial VG1 discovery, with a focus on advancing four priority targets towards drill-ready status.