Quarterly Activities Report

COMPANY HIGHLIGHTS

Pearl Copper Project Arizona, USA

• Option to Acquire up to 100%, with Project in a Tier 1 mining jurisdiction and in the heart of the Laramide Porphyry Copper Belt
• Adjacent to the giant San Manuel-Kalamazoo porphyry copper-molybdenum deposits
• The Ford and Pearl historic mining centres present immediate exploration targets with widespread surface alteration and high-grade rock chip samples including 7.4% Cu, 0.43% Mo, 19.9% Pb, 4.9% Zn, 360 g/t Ag
• Project due diligence is underway with Golden Mile’s management team recently completing a site visit and field assessment of the Pearl Project

Quicksilver Nickel-Cobalt Project, WA

• Completion of the Stage 3 Metallurgical Testwork Programme
• Development of an initial process beneficiation flowsheet concept which includes crushing, scrubbing, screening, regrinding, magnetic and gravity separation process
• Stage 3 testwork has demonstrated potential for the flowsheet to target a 75% nickel recovery within four concentrates
• Gold grades of 0.1 to 2.3 g/t returned in gravity concentrates

Project Assessments and Field Evaluations

• Project reviews, including field evaluation and sampling programmes completed at Yarrambee, Yuinmery, and Murchison Projects

• Project review completed at Marble Bar Project, with the execution and completion of a 120- sample stream-sediment geochemical programme

Corporate

• Appointment of Non-Executive Director Mr Michele Alessandro Bina, as the nominee of Gage Resources Development Pty Ltd
• $358,825 AUD received from the Australian Taxation Office (ATO) for its 2023 AusIndustry Research and Development Tax Incentive in relation to activities at the Quicksilver Project

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