DRILL PROGRAM PROGRESSING WELL AT HORSE HEAVEN GOLD-ANTIMONY-TUNGSTEN-SILVER PROJECT

HIGHLIGHTS

  • Sixteen holes completed at Golden Gate South: Sixteen diamond core holes have been drilled to
    planned total depths at the time of this announcement. These include HH-GG26-001 to 007, and
    HH-GG26-010 to HH-GG-018.
  • Total metres drilled at Golden Gate South: A total of 4,470m has been drilled across completed
    drill holes. The average hole depth is approximately 279m.
  • Core logging and sample dispatch: All the drilled core in completed holes has been logged.
    Samples from HH-GG26-001 to HH-GG26-004 have been dispatched for multi-element analysis.
  • Two drill rigs: The planned 2026 Golden Gate drill program, of up to 13,700 metres (45,000 ft) in
    up to 45 drill holes, is progressing well with two drill rings on site. Approximately one third of the
    drilling has been completed.
  • Aim to define scale of gold mineralisation: The drill program is designed to define the scale and
    extent (along strike and at depth) of gold mineralisation at Golden Gate North and Golden Gate
    South, as mentioned in RML’s previous announcement (ASX announcement 30 April 2026).
  • Target tungsten mineralisation: The drilling program is also designed to identify the extent of
    tungsten mineralisation around previous mine workings at the historical Golden Gate Tungsten
    mine and explore a broad tungsten anomaly in soil samples at Golden Gate South.

I am exceedingly pleased with the drill rate we are achieving at Golden Gate South. All core needs to be carefully logged, including but not limited to lithology, alteration and mineralisation, then appropriately sampled. On this front, we are up to date. We have also submitted two large batches of samples, for which we are certainly looking forward to receiving the results.

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