Interim MRE Update Delivers 1.51 Moz Au at Spring Hill

• 84% increase in Global Spring Hill Mineral Resource to 43.6 Mt at 1.1 g/t Au for 1.51 Moz Au
• Indicated component of resource increased by 136% to 28.8 Mt at 1.1 g/t Au for 1.0 Moz Au
• High-grade Link Zone Domain resource of 1.12 Mt at 5.37 g/t Au for 193.5 Koz Au

PC2.ASX has announced an updated Mineral Resource Estimate (MRE) for its Spring Hill Gold Project in the Northern Territory, Australia. The interim MRE demonstrates a substantial increase in the mineral resource, with an 84% increase in the global mineral resource to 43.6 Mt at 1.1 g/t Au for 1.51 Moz Au at a cut-off grade of 0.5 g/t Au. The indicated component of the resource has increased by 136% to 28.8 Mt at 1.1 g/t Au for 1.0 Moz Au. The discovery of the high-grade Link Zone Domain has contributed to the resource increase, with an initial resource of 1.12 Mt at 5.37 g/t Au for 193.5 Koz Au. The company is optimistic about the continued growth potential of the Spring Hill mineral system, with ongoing exploration and drilling programs planned.

PC2.ASX expects to continue expanding and upgrading the resource while advancing the Pre-Feasibility Study (PFS) for Spring Hill.