Announcement PDF www.exultantmining.com.au Level 8, 216 St Georges Terrace, Perth, Western Australia 6000 T: + 61 (08) 9481 0389. E: info@exultantmining.com.au ACN 684 147 484 18th December 2025 2025g.com.au BLACK HAMMER PROJECT KICKS OFF WITH FIELD RECONNAISSANCE - 76 SAMPLES TAKEN FROM MULTIPLE PROSPECTS HIGHLIGHTS • Reconnaissance fieldwork commenced, including geological mapping, prospect validation and rock chip sampling • 76 samples collected from Two Mile Creek, Porters Retreat, AC Prospect, Watsons Prospect and Hughes Copper Prospect at the Black Hammer Project • Excellent progress on Land Access Agreements (LAAs) • Exploration Licence Application ELA6915 granted as EL9826 (“Tuglow”), expanding the Black Hammer Project footprint • Lab results expected in early Q1 2026 Exultant Mining Limited (ASX: 10X) ("Exultant" or “the Company”) is pleased to provide an update on exploration activities completed to date across the Black Hammer Project (EL9332 and newly granted EL9826) in New South Wales. Significant progress has been made on a number of fronts, including initial reconnaissance, land access and consolidation of historical datasets. Comment from Executive Chairman, Brett Grosvenor: "As with Peak View, now we have hit the ground running at Black Hammer, with 76 samples taken from multiple prospective areas. An aggressive exploration program is underway aimed at applying modern techniques to areas that exhibit high prospectivity but have seen little to no work in recent times. Many of these areas host historic mines that reported very high-grade results and we are excited to see what value we can potentially unlock over the next 6 to 12 months, including by commencing a maiden drilling program targeted for late Q1 2026." www.exultantmining.com.au Level 8, 216 St Georges Terrace, Perth, Western Australia 6000 T: + 61 (08) 9481 0389. E: info@exultantmining.com.au ACN 684 147 484 Exploration activities at Black Hammer have progressed concurrently with those at Peak View, strengthened by the granting of Exploration Licence Application ELA6915 (Fig. 1) as EL9826, which expands the Company’s tenure surrounding the historic Tuglow Copper Mines and consolidates coverage of key geological and structural targets, including outcropping and altered Rockley Volcanics that form part of the highly prospective Macquarie Arc. A total of 76 rock chip samples have been collected to date across major prospects within the Black Hammer Project, including but not limited to, Porters Retreat, AC Prospect and Watsons Prospect on EL9332, and the Hughes Copper prospect on newly granted EL9826 (Fig. 1). These samples, like those from Peak View, have been submitted to ALS Orange for comprehensive multi-element and gold analysis and will contribute to the refinement of geological models and identification of high-priority targets. Figure 1. EL9332 & EL9826 (previously ELA6915) comprising the Black Hammer Project overlain on Lachlan Orogen geology www.exultantmining.com.au Level 8, 216 St Georges Terrace, Perth, Western Australia 6000 T: + 61 (08) 9481 0389. E: info@exultantmining.com.au ACN 684 147 484 Porters Retreat At Porters Retreat, reconnaissance mapping confirmed outcropping monzonite and diorite/monzodiorite displaying strong oxidation after sulphides and variable silica-chlorite hydrothermal alteration. The intrusion exhibits characteristic hornblende-bearing textures and local brecciation, consistent with a multiphase intrusive centre. Several rock chip samples were collected at Porters Retreat, including samples from a strongly oxidised, pyrite-chalcopyrite bearing silica altered exposure of the monzonite (Fig. 2), for multi-element analysis to assess its potential role in driving mineralisation within the broader intrusive complex. Figure 2. Outcrop of strongly oxidised, sulphide-bearing (pyrite with trace chalcopyrite), silicified, feldspar–hornblende-rich monzonite. Rock chip samples 9332-100 and 9332-101 collected www.exultantmining.com.au Level 8, 216 St Georges Terrace, Perth, Western Australia 6000 T: + 61 (08) 9481 0389. E: info@exultantmining.com.au ACN 684 147 484 AC Prospect At the AC Prospect, follow-up fieldwork confirmed a north-north-east (~025°) trending zone of quartz veining coincident with a historic gold-in-stream anomaly. Previous aircore drilling returned 2 m @ 1.6 g/t Au from 10 m in hole 4859RA751 , highlighting the potential of the vein swarm. Mapping has now extended this quartz-vein swarm for approximately 900m to the NNE, where it remains open. Veining styles range from stockwork (Fig. 3) to massive and several rock chip samples have been collected along the strike of the vein to further assess its potential and to refine ongoing targeting. Figure 3. Stockwork quartz veining at the AC Prospect. Sample 9332-103 collected Watsons Prospect The Watsons Prospect is defined by a broad zone of hydrothermal alteration and sulphide-bearing quartz veining within interbedded volcaniclastics, chert and carbonaceous shale. Historic work defined coincident Cu–Pb–Zn anomalism over a 400m × 500m area, with soil geochemistry extending the trend for more than 2.4km. Recent geological mapping has identified volcaniclastic conglomerates displaying silica–chlorite– albite–pyrite alteration, consistent with the presence of a fertile hydrothermal system within Rockley Volcanics. The prospect remains untested by drilling, presenting a compelling target for follow-up exploration. www.exultantmining.com.au Level 8, 216 St Georges Terrace, Perth, Western Australia 6000 T: + 61 (08) 9481 0389. E: info@exultantmining.com.au ACN 684 147 484 Land Access Agreements Exultant has received a verbal commitment from the landholder to execute an access agreement covering the critical Tuglow Copper Mine within EL9826. The Tuglow Copper Mine is one of three historic mines comprising the “Tuglow Copper Mines”, where historical grades of up to 14% Cu, 26.4 g/t Au, 283 g/t Ag, 23.02% Pb and 13.1% Zn have been reported.² Formal execution of a land access agreement is expected shortly, which will enable detailed on-ground assessment of this historically significant copper working Next Steps At the Black Hammer Project, aircore drilling and ground magnetic surveys are planned for the Watsons Prospect in Q1–Q2 2026. Concurrently, ground magnetics, gravity and IP surveys will be undertaken across the Tuglow Copper Mines. Targets defined from these datasets will be prioritised for follow-up drilling in Q2–Q3 2026. Table 1. Proposed planned work schedule for the Black Hammer Project. This announcement has been approved for release by the Chairman of the Board of Directors of the Company. For further information on Exultant Mining Limited please contact: Brett Grosvenor Exultant Mining Limited Executive Chairman Ph: +61 (0)418 558 587 1 – North Limited., 1998. Final Report on Exploration License 5371 Bimbimbie (SI 55-8) and the Company's IPO prospectus dated 23 October 2025 2 - Carne, J. E., 1908. The Copper-Mining Industry and the Distribution of Copper Ores in New South Wales www.exultantmining.com.au Level 8, 216 St Georges Terrace, Perth, Western Australia 6000 T: + 61 (08) 9481 0389. E: info@exultantmining.com.au ACN 684 147 484 Disclaimer Some of the statements appearing in this announcement may be in the nature of forward-looking statements. You should be aware that such statements are only predictions and are subject to inherent risks and uncertainties. Those risks and uncertainties include factors and risks specific to the industries in which Exultant operatesandproposestooperateaswellasgeneraleconomicconditions,prevailingexchangeratesandinterest rates and conditions in the financial markets, among other things. Actual events or results may differ materially from the events or results expressed or implied in any forward-looking statement. No forward-looking statement is a guarantee or representation as to future performance or any other future matters, which will be influenced by a number of factors and subject to various uncertainties and contingencies, many of which will be outsideExultant’scontrol.Exultantdoesnotundertakeanyobligationtoupdatepubliclyorreleaseanyrevisions to these forward-looking statements to reflect events or circumstances after today’s date or to reflect the occurrence of unanticipated events. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions or conclusions contained in this announcement. To the maximum extent permitted by law, none of Exultant, its Directors, employees, advisors or agents, nor any other person, accepts any liability for any loss arising from the use of the information contained in this announcement. You are cautioned not to place undue reliance on any forward-looking statement. The forward-looking statements in this announcement reflect views held only as of the date of this announcement. This announcement is not an offer, invitation or recommendation to subscribe for or purchase securities by Exultant. Nor does this announcement constitute investment or financial product advice (nor tax, accounting or legal advice) and is not intended to be used for the basis of making an investment decision. Investors should obtain their own advice before making any investment decision. Competent Person Statement The information in this announcement that relates to Exploration Results is based on, and fairly represents, information compiled and reviewed by Sebastian Hind. Mr Hind is a senior geologist for Exultant Mining Limited and a Member of the Australasian Institute of Mining and Metallurgy (Membership number 3116971). Mr Hind hassufficientexperiencewhichis relevantto the styleofmineralisationandtype ofdepositunder consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code). Mr Hind consents to the inclusion in this announcement of the matters based on his information in the form and context in which it appears. www.exultantmining.com.au Level 8, 216 St Georges Terrace, Perth, Western Australia 6000 T: + 61 (08) 9481 0389. E: info@exultantmining.com.au ACN 684 147 484 Table 2: Summary of AC Prospect Significant Intersects (Cut-off of 0.5ppm Au or 0.2% Cu or 3% Pb + Zn) Hole MGA20z55_E MGA20z55_N From (m) To (m) Au g/t Cu % Pb % Zn % 4859RA75 760198 6239584 10 12 1.60 Table 3: Summary of AC Prospect Historic Drill Collars HOLE ID MGA20z55_E MGA20z55_N RL TYPE DIP EOH DEPTH COMPANY 4530RA51 752274 6241555 1167 AC -90 24 North Ltd 4530RA52 751609 6240863 1160 AC -90 20 North Ltd 4530RA53 751319 6240590 1158 AC -90 13 North Ltd 4530RA54 750949 6240243 1148 AC -90 22 North Ltd 4530RA55 750520 6240140 1133 AC -90 39 North Ltd 4530RA56 750072 6240275 1120 AC -90 5 North Ltd 4530RA57 749551 6240375 1109 AC -90 15 North Ltd 4859RA4 768993 6246184 1213 AC -90 12 North Ltd 4859RA5 768963 6246069 1216 AC -90 27 North Ltd 4859RA6 768928 6245974 1219 AC -90 17 North Ltd 4859RA7 768923 6245859 1228 AC -90 4 North Ltd 4859RA8 768903 6245764 1237 AC -90 18 North Ltd 4859RA9 768888 6245664 1250 AC -90 15 North Ltd 4859RA10 768873 6245564 1244 AC -90 9 North Ltd 4859RA11 768853 6245469 1247 AC -90 11 North Ltd 4859RA43 768133 6251624 1219 AC -90 9 North Ltd 4859RA44 768148 6251744 1240 AC -90 7 North Ltd 4859RA45 768133 6251839 1265 AC -90 4 North Ltd 4859RA46 768068 6251954 1244 AC -90 8 North Ltd 4859RA63 760723 6239724 1247 AC -90 22 North Ltd 4859RA64 760563 6239729 1228 AC -90 3 North Ltd 4859RA65 760458 6239759 1231 AC -90 25 North Ltd 4859RA66 760358 6239779 1222 AC -90 10 North Ltd 4859RA67 760278 6239806 1219 AC -90 3 North Ltd 4859RA68 760273 6239899 1225 AC -90 10 North Ltd 4859RA69 760313 6240009 1225 AC -90 5 North Ltd 4859RA70 760303 6240099 1231 AC -90 4 North Ltd 4859RA71 760363 6240199 1225 AC -90 1 North Ltd 4859RA72 760353 6240304 1218 AC -90 3 North Ltd 4859RA73 760238 6239684 1213 AC -90 4 North Ltd 4859RA74 760233 6239584 1234 AC -90 5 North Ltd 4859RA75 760198 6239484 1186 AC -90 18 North Ltd 4859RA76 760173 6239374 1119 AC -90 29 North Ltd 4859RA77 760158 6239279 1231 AC -90 2 North Ltd 4859RA78 760048 6239169 1244 AC -90 29 North Ltd 4859RA79 760128 6239639 1216 AC -90 10 North Ltd www.exultantmining.com.au Level 8, 216 St Georges Terrace, Perth, Western Australia 6000 T: + 61 (08) 9481 0389. E: info@exultantmining.com.au ACN 684 147 484 HOLE ID MGA20z55_E MGA20z55_N RL TYPE DIP EOH DEPTH COMPANY 4859RA80 760018 6239704 1201 AC -90 7 North Ltd 4859RA81 759913 6239684 1202 AC -90 11 North Ltd 4859RA82 759753 6239654 1200 AC -90 4 North Ltd Table 4: References to Historic Explorers’ Drill Results Reference Source Company Year NSW Title Previously Reported under a prior JORC Code Link to source R00020237 North Ltd 1998 EL5371 No https://search.geoscience.nsw.gov.au/rep ort/R00020237 www.exultantmining.com.au Level 8, 216 St Georges Terrace, Perth, Western Australia 6000 T: + 61 (08) 9481 0389. E: info@exultantmining.com.au ACN 684 147 484 Appendix B: Black Hammer JORC Code, 2012 Table 1 Section 1 Sampling Techniques and Data Criteria JORC Code Explanation Commentary Sampling techniques • Nature and quality of sampling (e.g. cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling. • Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. • Aspects of the determination of mineralisation that are Material to the Public Report. In cases where ‘industry standard’ work has been done this would be relatively simple (e.g. ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (e.g. submarine nodules) may warrant disclosure of detailed information. • Historic sampling includes: o Geochemical surveys include 264 rock chip samples. o Drilling included 39 Air core drilling by North Ltd. o Stream sediment sampling. Drilling Techniques • Drill type (e.g. core, reverse circulation, open- hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face- sampling bit or other type, whether core is oriented and if so, by what method, etc). • No drilling has been conducted by current vendors. • Historic drilling includes 39 air core drill holes by North Ltd. • See drill collar details in Black Hammer drill table. Drill Sample Recovery • Method of recording and assessing core and chip sample recoveries and results assessed. • Measures taken to maximise sample recovery and ensure representative nature of the samples. • Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material. • No information available on sample recovery methods or assessments for historic drilling. • Recovery data not consistently documented in historic reports. Logging • Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate • Limited geological logging information available from historic drilling. www.exultantmining.com.au Level 8, 216 St Georges Terrace, Perth, Western Australia 6000 T: + 61 (08) 9481 0389. E: info@exultantmining.com.au ACN 684 147 484 Criteria JORC Code Explanation Commentary Mineral Resource estimation, mining studies and metallurgical studies. • Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography. • The total length and percentage of the relevant intersections logged. • No systematic geological or geotechnical logging documented to support mineral resource estimation. Subsampling techniques and sample preparation • If core, whether cut or sawn and whether quarter, half or all core taken. • If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. • For all sample types, the nature, quality and appropriateness of the sample preparation technique. • Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples. • Measures taken to ensure that the sampling is representative of the insitu material collected, including for instance results for field duplicate/second-half sampling. • Whether sample sizes are appropriate to the grain size of the material being sampled • No detailed information available on sub-sampling methods for historic drilling. • Sample preparation techniques not consistently documented in historic reports. Quality of assay data and laboratory tests • The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total. • For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc. • Nature of quality control procedures adopted (e.g. standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established. • Historic analytical methods included AAS (Atomic Absorption Spectroscopy) and fire assay. • QAQC protocols from historic exploration not consistently documented. • Various laboratories used over the exploration period. • No information on standards, blanks, duplicates or external laboratory checks for historic work. Verification of sampling and assaying • The verification of significant intersections by either independent or alternative company personnel. • The use of twinned holes. • Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols. • Discuss any adjustment to assay data • No independent verification of significant intersections documented. • No twinned holes reported. • Data entry procedures and verification protocols not documented for historic work. • No adjustments to assay data reported. www.exultantmining.com.au Level 8, 216 St Georges Terrace, Perth, Western Australia 6000 T: + 61 (08) 9481 0389. E: info@exultantmining.com.au ACN 684 147 484 Criteria JORC Code Explanation Commentary Location of data points • Accuracy and quality of surveys used to locate drill holes (collar and downhole surveys), trenches, mine workings and other locations used in Mineral Resource estimation. • Specification of the grid system used. • Quality and adequacy of topographic control. • Survey accuracy and quality for historic drill hole locations not documented. • Topographic control adequacy not assessed. • Collar survey methods not consistently recorded. • Historic collars and other geochemical data located using GDA94/MGA Zone 54. Data spacing and distribution • Data spacing for reporting of Exploration Results. • Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied. • Whether sample compositing has been applied • 39 historic drill holes. See Black Hammer drill table for collar details. • Most drilling focused on gold exploration. • Data spacing insufficient to establish geological and grade continuity. • No sample compositing reported. Orientation of data in relation to geological structure • Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type. • If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material. • Drill hole orientations not documented relative to geological structures. • No assessment of potential sampling bias from drilling orientation. • Structural controls on mineralisation not systematically tested by historic drilling. Sample security • The measures taken to ensure sample security • No information available on sample security measures for historic exploration. • Chain of custody procedures not documented. Audits or reviews • The results of any audits or reviews of sampling techniques and data. • No audits or reviews of historic sampling techniques and data reported. Section 2 Reporting of Exploration Results Criteria JORC Code Explanation Commentary Mineral tenement and land tenure status • Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings. • Project consists of a granted exploration licence (EL9332) and an exploration licence application (ELA6915) covering 310 km². • EL9332 tenement 100% owned by Shriver Nominees Pty Ltd while ELA6915 was applied by Exultant Mining Ltd. • EL9332 expires on5 December 2027. www.exultantmining.com.au Level 8, 216 St Georges Terrace, Perth, Western Australia 6000 T: + 61 (08) 9481 0389. E: info@exultantmining.com.au ACN 684 147 484 Criteria JORC Code Explanation Commentary • The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area • State national parks cover portion of tenement area. Exploration done by other parties • Acknowledgment and appraisal of exploration by other parties. • Extensive exploration spanning 1970-2025 by multiple companies including Le Nickel Australia, Mines Search, Australian Anglo-American, Renison Gold North and Sultan Corporation. • Primary focus on gold - copper mineralisation with limited focus on diamond exploration. • 39 historical shallow drill holes completed (average depth of 12m), mostly targeting gold by North. See Black Hammer drill table for collar details. • Over 264 geochemical rock chip samples collected. • Significant intersection for Au, Cu Pb and Zn from the historic rock chips are listed in the Black Hammer rock chip results table in Appendix D, in prospectus. • Ground based Magnetic survey completed on a small portion of tenement. Geology • Deposit type, geological setting and style of mineralisation. • The project area is located within the Ordovician Macquarie Arc, one of Australia’s most prolific mineral provinces. • The arc is globally recognised for hosting world-class porphyry and epithermal deposits, including Cadia–Ridgeway, Northparkes, Lake Cowal, and Boda. These systems demonstrate the capacity of the arc to generate large- tonnage, Tier-1 copper–gold deposits. • The project area also hosts several historic small-scale mining operations from the early 20th century, including the Tuglow Copper Mines, Chatham Valley Gold Mines, Hughes Copper Mine, and Porters Retreat Copper Mine. These prospects were never advanced beyond shallow workings and, crucially, www.exultantmining.com.au Level 8, 216 St Georges Terrace, Perth, Western Australia 6000 T: + 61 (08) 9481 0389. E: info@exultantmining.com.au ACN 684 147 484 Criteria JORC Code Explanation Commentary have not been tested by drilling. Drill hole information • A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes: - easting and northing of the drill hole collar - elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole collar - dip and azimuth of the hole - down hole length and intersection depth - hole length. • If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case • 39 historic drill holes by North Ltd – all air core. • Detailed collar information (coordinates, elevations, orientations) comprehensively documented in available historic records. See drill hole collar table for collar information from historic reports. • Most drilling targeted base metal exploration. Data aggregation methods • In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (e.g. cutting of high grades) and cut-off grades are usually Material and should be stated. • Where aggregate intersections incorporate short lengths of high grade results and longer lengths of low-grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail. • The assumptions used for any reporting of metal equivalent values should be clearly stated. • Significant historic drill intersections reported in drill intersection table using a minimum mineralised intersection of 1m, a maximum of 2m internal waste, and cut off grades of 0.5 g/t Au, 0.2% Cu, 3% Pb+Zn. • No metal equivalent values calculated or reported. Relationship between mineralisation • These relationships are particularly important in the reporting of Exploration Results. • If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported. • Historic drilling did not systematically test mineralisation geometry. • Relationship between drill hole angles and mineralisation orientation not established. www.exultantmining.com.au Level 8, 216 St Georges Terrace, Perth, Western Australia 6000 T: + 61 (08) 9481 0389. E: info@exultantmining.com.au ACN 684 147 484 Criteria JORC Code Explanation Commentary widths and intersection lengths • If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (e.g. ‘down hole length, true width not known’). • True widths of mineralisation unknown from historic drilling. Diagrams • Appropriate maps and sections (with scales) and tabulations of intersections should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views • Maps and sections are included in the body of this report as deemed appropriate by the Competent Person. Balanced reporting • Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results. • Historic exploration results show both anomalous and background values across the project area. Other substantive exploration data • Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances. • Ground magnetic survey conducted by historic operators. • Geochemical surveys include 264 rock chip samples. • Drilling included 39 Air core drilling by North Ltd. Further work • The nature and scale of planned further work (e.g. tests for lateral extensions or large-scale step out drilling). • Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive. • Two-year exploration program planned. • Year 1: data compilation, geological mapping, geochemical sampling, assaying of historic stored cores, magnetic, I.P, gravity geophysical surveys, air core drilling, drill targeting. • Year 2: Targeted drilling of targets delineated from Year 1 work