Exploration Update: November 2025

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Eromanga Basin, South Australia

Eromanga HMS Project

October activities

  • 114 drillholes for 4,072m Nilpinna, Eddy and Douglas Creek tenements
  • 1,176m of samples from 3,170m drilled on Nilpinna were collected

Upcoming Activities

  • Planning for follow up ground magnetic surveys to identify strandlines
  • 393m of high-priority samples submitted for assay to be reported in December
Macquarie Arc, NSW

Byrock Copper Gold Project

October activities

  • Drill pads and tracks cleared for a 1,500m
    aircore/RC tail drill program
  • Awarded $80k co-funding grant for T55

Upcoming Activities

  • Drill test seven high-priority Pipe Targets
  • Prepare drill pad for T55 Target planned for December drill testing

Theseus Copper Gold Project

October activities

  • Ministerial approval received to transfer tenements from Rimfire Pacific Mining

Upcoming Activities

  • Complete acquisition of three key tenements; AUD$200k in cash and shares (shares subject to AGM approval)
Nevada, USA
Firenze Silver & Gold Project

October activities

  • Completion of Due Diligence
  • Transfer of claims
  • Alteration mapping and rock chipping outcropping Silver & Gold veins Drone
  • Magnetics geophysical survey

Upcoming Activities

  • Completion of acquisition, final payment US$300k in shares subject to AGM approval
  • Specialised fine fraction soil samples
  • Further geophysics survey(s), gravity, CSAMT
  • Determine drill collars, commence permitting
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