Quarterly Activities/Appendix 5B Cash Flow Report

▪ The Company has conducted due diligence on several advanced assets with a view to acquiring an asset in a jurisdiction with lower operating risk. ▪ Structural Geology and trenching geochemical results at Ubei, PNG were received with the best result assayed at 7.95g/t Au, 0.51% Cu and 31g/t Ag. ▪ A stream sediment sampling campaign at Dada, PNG was completed, to investigate the potential of the t