Golden Pike Gold and Antimony Project

The Golden Pike Gold and Antimony Project is located 90km north of the port city of Saint John in south-central New Brunswick, Canada and comprises 146 contiguous mineral claims covering approximately 3,292 ha.

Figure 1 - Golden Pike Project Location in New Brunswick, Canada

The Golden Pike Gold Project has a NI 43-101 Foreign Resource Estimate (table below)[1] modelled from a high cut-off grade of 5 g/t Au:

Cautionary Statement: The estimates of the quantity and grade of mineralisation for the Golden Pike Project referred to in this announcement are “foreign estimates” within the meaning of the ASX listing rules and are not reported in accordance with the JORC Code 2012. A competent person has not undertaken sufficient work to classify the foreign estimates as mineral resources in accordance with the JORC Code 2012. It is uncertain that following evaluation and further exploration work that the foreign estimates will be able to be reported as mineral resources in accordance with the JORC Code.

High grade intersections at the project include but are not limited to:

• 13m at 43.07 g/t Au
• 10m at 32.26 g/t Au

The Golden Pike deposit remains open in multiple directions and has similar targets to be explored on untested areas which feature multiple high grade boulder samples of up to 244 g/t Au, having the potential to significantly increase the resources.

Areas for exploration focus are circled in Figure 2 below.

Figure 2 - Mineral Claim 7616 and exploration target zones at the Golden Pike Project

The Project is also highly prospective for antimony (Sb), which is a critical mineral used in flame retardants, semiconductors, alloys and photovoltaic cells. It is classified as a critical mineral by governments globally, including Australia, Canada and the United States.

Key historical antimony results include:

• Boulder samples up to 53% Sb at the Bond Road Area
• Drill intercept of 12.5% Sb over 0.5m at the Albright Brook Area

Find out more in the ASX announcement released on 16 July 2025 Due Diligence Highlights Antimony at Golden Pike

[1] Notes from 2011 NI 43-101 Technical Report, Roscoe Postle Associates Inc., 19 August 2011:

1. Canadian Institute of Mining, Metallurgy and Petroleum (CIM) definitions have been followed for classification of Mineral Resources.
2. The Qualified Person for this Mineral Resource estimate is Tudorel Ciuculescu, P.Geo.
3. Mineral Resources are estimated at a cut-off grade of 5 g/t Au and a minimum thickness of two metres.
4. Mineral Resources are estimated using an average long-term price of US$1,200 per oz Au, and a C$:US$ exchange rate of 1:1.
5. The Mineral Resource estimate uses drill hole data available as of May 26, 2011.
6. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.
7. Totals may not add correctly due to rounding.