The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of the Hakes Find gold project, located 10 kilometres from the Southern Cross township within the Yilgarn mineral field in Western Australia, pursuant to a sale and purchase agreement dated May 25, 2023, between the company and an arm's-length vendor. Pursuant to the terms of the agreement, the purchase price is a cash payment of $50,000 (Australian) within six months of the execution of the agreement, to which the company may extend the option period for a further period of six months with a cash payment of $25,000 (Australian), and, on exercise of the option, a final cash payment of $100,000 (Australian) and the issuance of $175,000 (Australian) of common shares of the company.

For further details, please refer to the company's news releases dated June 26, 2023, and April 22, 2024.