HIGHLIGHTS:

• High grade mineralisation zone 3.7m down hole @ 37.5 g/t (including 0.95m @ 133g/t) encountered within QA24D002 (formerly E2, ASX: RC1 Announcement 14 May 2024) at 166.4m to 170.12m, with visible gold observed on core surface and cut sample faces

• Strike length now confirmed to be a minimum of 200m and open at depth and to the south-east

• Visible free gold has now been observed in 3 drill holes; QA24D001 (formerly E1), QA24D002 and the earlier RRC151

• Results to date confirm north dipping oxide structure consistent with the Indicated and Inferred oxide model used in the Queen Alexandra JORC MRE (ASX:RC1 Announcement 20th Feb 2024)

• Diamond drilling program is ongoing with further selective sampling of diamond holes to be completed, core cutting underway with assaying to follow

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