M2M – HALF YEAR REPORT

Key Highlights
• Successfully produced the first gold doré bar at Golden Crown Prospect 1 from bulk sampling and gravity processing.
• The program has confirmed the presence of high-grade gold mineralisation, with gravity gold recovery exceeding double digits per wet metric tonne (WMT)5.
• 122.4 oz (3,809g) gold doré recovered from processing of 612 WMT of high-grade mineralised material 1,2 & 5.
• $449,194 in revenue generated from doré sales to The Perth Mint (purity 85.6%–93.2% Au).
• Visible gold observed in quartz veins and sheared volcanics, confirming coarse high-grade gold mineralisation3.
• 94.6% gold recovery achieved in Accelerated Cyanide Leach (ACL) on gravity tailings6.
• Program confirms high-grade mineralisation, efficient gold recovery & provides key insights derisking future mining operations.