Media Releases › North Stawell Minerals

Highlights:

• During the rainy season, data, planning, training,and research were a focus.
• One hole was returned from the Caledonia prospect:
             o 1.3m at 2.29g/t Au from 63.1m (NSD051)

• Corporate activity focused on M&A strategyand on-going funding options.
• Review of targets sets some clear priorities for on-going exploration:
            o Wildwood includes multiple additional targets that match the Stawell gold model. Darlington presents compelling deeper targets based on prior diamond drilling.
           o Forsaken and Caledonia are priority targets fornear-surface air core programs. Multiple additional targets are queued if required.
           o Numerical modelling mapping possible dilation requires testing. Regional government surveys may indicate airborne EM will be effective at Stawell.
   
• WIM-style Heavy Mineral Sand and Rare EarthElement (HMS-REE) potential is plausible.