Drilling Services and Equity Payment Agreement Secured

• Formal engagement of leading WA mining services contractor, MMS, to provide specialised Reverse Circulation (RC) drilling and exploration services at the Leonora South Gold Project. • Strategic ‘drill-for-equity’ mechanism allows GoldArc to satisfy up to A$750,000 of service fees through the issue of ordinary shares, subject to shareholder approval. • The equity component aligns all parties with