MQR Identifies High-Grade Gold at Black Adder - Mt Clement

• Tenement-wide exploration program commenced across the Mt Clement Project area to systematically assess the gold potential. • Initial orientation rock chip sampling at the historic Black Adder Prospect returned high-grade gold results of up to 9.7 g/t Au. • Black Adder represents the first target assessed under the broader tenement-wide exploration strategy. • Review of Mt Clement tenement-wide