Announcement PDF 17 November 2025 RECENT DRILLING AT SEVEN LEADERS PROSPECT CONFIRMS HIGH GRADE GOLD MINERALISATION HIGHLIGHTS • Recently completed drilling of the Whiteheads gold project has confirmed high grade near surface gold results at the Seven Leaders prospect. • Notable downhole intersections from 21 of 32 drill hole results received to date include: • 5m @ 15.17g/t Au from 27m, including 2m @ 35.55g/t Au from 28m (SLRC0014) • 35m @ 1.94g/t Au from surface including 1m @ 18.05g/t Au from 33m (SLRC0005) • 17m @ 2.17g/t Au from 17m including 3m @ 5.75g/t Au from 28m (SLRC0002) • 26m @ 1.77g/t Au from 14m including 15m @ 2.58g/t Au from 23m (SLRC004) • Drilling has proven strong near surface mineralisation over 250m of strike to underpin a Maiden Resource Estimate in December 2025. Hastings Technology Metals Ltd (ASX:HAS) is pleased to announce that recent reverse circulation (‘RC’) drilling at the Seven Leaders prospect, part of the Whiteheads Project and first drilling since 2019, has returned high grade gold results and confirmed strong mineralisation over >250m strike. The 32 hole, 1,222m drill program was completed in October 2025 to confirm historical grades and mineralisation extents and provide scope for a modern JORC2012 Mineral Resource Estimate (‘MRE’). Results from 21 of 32 holes have been received and are presented in Figures 1 and 2 and Table 1. Importantly, these drilling results have indicated strong support for gold grades and thicknesses greater than results from historical intervals and the deposit remains open along strike and at depth. While assay results from the remaining 11 drill holes are awaited, this solid modern drilling support underpins geological modelling and resource work currently in progress. Entech (a multi-disciplinary mining consultancy) has been contracted for MRE and scoping study work, currently in preparation for a maiden MRE expected to be announced in December. Figure 1: October 2025 RC drilling program, Seven Leaders prospect, Whiteheads Project Figure 2: October 2025 RC drilling program, Seven Leaders prospect, Whiteheads Project, Section A-A’ Commenting on the drilling results from Seven Leaders, Hastings COO, Mr Tim Gilbert said: “We are very excited by these new drilling results as they indicate a larger and higher grade deposit than initially thought, from surface. The next stage of results and subsequent resource estimation will really define how much bigger and better Seven Leaders might be. We are on track for a maiden JORC2012 MRE in December, after which we can finalise the mine design and approvals and then lock in the production schedule. This is a very exciting time for Hastings and Metal Bank (MBK) shareholders as we progress Seven Leaders towards production. Hastings’ gold assets are proposed to be sold to MBK for MBK consideration shares1 . The in-specie distribution of MBK consideration shares to Hastings’s shareholders will be voted on at the upcoming Hastings AGM 2 , ensuring long term value in gold is retained for HAS shareholders.” 1. Approved at the MBK AGM on 10 November 2025 2. HAS AGM on 28 November 2025 2025 drilling SLRC 004 – 26m @1.77 g/t, EoH @ 40m SLRC 005 - 36m @1.94 g/t, EoH @ 36m SLRC 006 - 3m @ 0.9 g/t, EoH @ 23m Table 1: First results of October 2025 RC drilling program, Seven Leaders prospect, Whiteheads Project HOLE ID FROM INTERVAL Au g/t COMMENTS SLRC001 23 3 1.55 32 11 0.94 including 38 1 6.78 SLRC002 17 17 2.17 including 23 1 7.67 and 28 3 5.75 SLRC003 - - - No significant results SLRC004 14 27 1.77 including 31 1 7.59 and 36 1 8.23 SLRC005 0 35 1.94 including 0 1 8.99 and 33 1 18.05 SLRC006 20 3 0.90 SLRC007 35 3 4.61 SLRC008 14 2 0.85 23 10 0.55 SLRC009 15 1 0.93 22 8 1.45 including 23 1 7.40 SLRC010 2 4 0.66 SLRC011 - - - No significant results SLRC012 - - - SLRC013 29 1 8.65 End of holeinterval - remains open SLRC014 2 1 1.67 15 1 3.46 22 1 0.86 including 27 5 15.17 Including 2m @ 35.55g/t Au from 28m SLRC015 -16 Not drilled SLRC017 -24 Awaiting assays SLRC025 - - - No significant results SLRC026 16 18 1.26 including 26 1 5.16 SLRC027 2 18 0.83 SLRC028 - - - No significant results SLRC029 -30 Awaiting assays SLRC031 14 7 0.51 and 28 5 0.45 SLRC032 11 1 0.86 16 6 0.53 SLRC033 Awaiting assays SLRC034 36 1 2.19 56 2 1.76 Note results are downhole intervals using 0.5g/t Au cut-off and 3m maximum internal dilution. Notable intersections >5g/t Au reported separately. Authorised by the Board for release to the ASX. FOR FURTHER INFORMATION CONTACT: Charles Lew Vince Catania Tim Gilbert Executive Chairman Chief Executive Officer Chief Operating Officer +65 62209220 +61 8 6117 8605 +61 8 6117 8627 Email: info@hastingstechmetals.com ABOUT HASTINGS TECHNOLOGY METALS LIMITED Hastings Technology Metals Limited is a Perth-based rare earths company focused on the development of its flagship Yangibana Rare Earths and Niobium Project. Located in the Gascoyne region of Western Australia, the Yangibana Project contains one of the most highly valued deposits of NdPr in the world with an NdPr to Total Rare Earth Oxide ratio of up to 52% in some areas of the orebody. With an initial mine life of 17 years, the Yangibana Project is expected to become a globally significant source of NdPr, a critical component in the manufacture of permanent magnets used in advanced technology products including electric vehicles, renewable energy, humanoid robotics, and digital devices. The Yangibana Project is fully permitted for immediate development and is well-timed to meet the forecast supply gap for rare earth elements accelerated by the growth in electric vehicles and wind turbines, both vital for the global energy transition. It will be developed in two stages with an initial focus on the construction of the mine and beneficiation plant to produce 37,000 tonnes per annum1 of mixed rare earth concentrate. Hastings recognises in its geological model and mine plan the potential for a multi-commodity recovery process stream which underpins the economic recovery of rare earth minerals and associated critical minerals like ferro-columbite, and hafnium-enriched zircon. For more information, please visit www.hastingstechmetals.com 53 Brockman Niobium and HREE Project 100% Ark Gold 100% Stage1 Stage 2 – Hydromet JV 40% HAS, 60% Wyloo Locations under consideration: Onslow, KSA 40% Hastings, 60% Wyloo AUSTRALIA WESTERN AUSTRALIA Darcys Gold Project 100% Whiteheads Gold Project 75% HAS FORWARD LOOKING STATEMENTS This release contains reference to certain intentions, expectations, future plans, strategies and prospects of the Company. Those intentions, expectations, future plans, strategies and prospects may or may not be achieved. They are based on certain assumptions, which may not be met or on which views may differ and may be affected by known and unknown risks. The performance and operations of the Company may be influenced by a number of factors, many of which are outside the control of the Company. No representation or warranty, express or implied, is made by the Company, or any of its directors, officers, employees, advisers, or agents that any intentions, expectations, or plans will be achieved either totally or partially or that any particular rate of return will be achieved. Given the risks and uncertainties that may cause the Company’s actual future results, performance, or achievements to be materially different from those expected, planned or intended, recipients should not place undue reliance on these intentions, expectations, future plans, strategies and prospects. The Company does not warrant or represent that the actual results, performance, or achievements will be as expected, planned or intended. The Company is under no obligation to, nor makes any undertaking to, update or revise such forward looking statements, but believes they are fair and reasonable at the date of this release. COMPETENT PERSON STATEMENT The information in this release relating to Exploration Results is based on information compiled by Competent Person, Dr Louis Schürmann. Dr Schürmann is a full-time employee of Hastings and a Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM; 308067). Dr Schürmann has sufficient experience relevant to the styles of mineralisation and types of deposits which are covered in this announcement and to the activity which they are undertaking to qualify as a Competent Person as defined in the 2012 edition of the ‘Australasian Code for Reporting of Exploration Results’. Dr Schürmann consents to the inclusion in this announcement of the matters based on his information in the form and context in which it appears. DRILLING RESULTS NB: All intervals sampled per metre, results <0.2g/t Au omitted for relevance Prospect Hole ID From To Grade (g/t ID Seven Leaders SLRC001 0 1 0.158 MG25313027 SLRC001 20 21 0.102 MG25313027 SLRC001 21 22 0.141 MG25313027 SLRC001 22 23 0.287 MG25313027 SLRC001 23 24 0.979 MG25313027 SLRC001 24 25 2.08 MG25313027 SLRC001 25 26 1.575 MG25313027 SLRC001 26 27 0.158 MG25313027 SLRC001 27 28 0.218 MG25313027 SLRC001 28 29 0.156 MG25313027 SLRC001 29 30 0.097 MG25313027 SLRC001 30 31 0.227 MG25313027 SLRC001 31 32 0.408 MG25313027 SLRC001 32 33 0.964 MG25313027 SLRC001 33 34 0.597 MG25313027 SLRC001 34 35 0.032 MG25313027 SLRC001 35 36 0.588 MG25313027 SLRC001 36 37 0.112 MG25313027 SLRC001 37 38 0.029 MG25313027 SLRC001 38 39 6.78 MG25313027 SLRC001 39 40 0.284 MG25313027 SLRC001 40 41 0.377 MG25313027 SLRC001 41 42 0.056 MG25313027 SLRC001 42 43 0.511 MG25313027 SLRC001 51 52 0.557 MG25313027 SLRC001 52 53 0.168 MG25313027 SLRC001 53 54 0.014 MG25313027 Seven Leaders SLRC002 0 1 0.228 MG25313027 SLRC002 11 12 0.107 MG25313027 SLRC002 12 13 0.017 MG25313027 SLRC002 13 14 0.235 MG25313027 SLRC002 17 18 0.548 MG25313027 SLRC002 18 19 0.21 MG25313027 SLRC002 19 20 0.595 MG25313027 SLRC002 20 21 0.699 MG25313027 SLRC002 21 22 0.622 MG25313027 SLRC002 22 23 2.06 MG25313027 SLRC002 23 24 7.67 MG25313027 SLRC002 24 25 2.7 MG25313027 SLRC002 25 26 0.43 MG25313027 SLRC002 26 27 0.207 MG25313027 SLRC002 27 28 0.478 MG25313027 SLRC002 28 29 3.38 MG25313027 SLRC002 29 30 8.94 MG25313027 SLRC002 30 31 4.94 MG25313027 SLRC002 31 32 0.131 MG25313027 SLRC002 32 33 0.535 MG25313027 SLRC002 33 34 2.74 MG25313027 SLRC002 34 35 0.204 MG25313027 SLRC003 16 17 0.147 MG25313027 Seven Leaders SLRC004 0 1 0.309 MG25313027 SLRC004 1 2 0.108 MG25313027 SLRC004 11 12 0.362 MG25313027 SLRC004 12 13 0.02 MG25313027 SLRC004 13 14 0.275 MG25313027 SLRC004 14 15 0.568 MG25313027 SLRC004 15 16 0.509 MG25313027 SLRC004 16 17 0.737 MG25313027 SLRC004 17 18 0.823 MG25313027 SLRC004 18 19 0.597 MG25313027 SLRC004 19 20 0.657 MG25313027 SLRC004 20 21 0.541 MG25313027 SLRC004 21 22 0.51 MG25313027 SLRC004 22 23 0.903 MG25313027 SLRC004 23 24 1.61 MG25313027 SLRC004 24 25 3.37 MG25313027 SLRC004 25 26 1.85 MG25313027 SLRC004 26 27 0.329 MG25313027 SLRC004 27 28 1.645 MG25313027 SLRC004 28 29 1.52 MG25313027 SLRC004 29 30 2.57 MG25313027 SLRC004 30 31 1.18 MG25313027 SLRC004 31 32 7.59 MG25313027 SLRC004 32 33 2.46 MG25313027 SLRC004 33 34 1.455 MG25313027 SLRC004 34 35 1.58 MG25313027 SLRC004 35 36 0.364 MG25313027 SLRC004 36 37 8.23 MG25313027 SLRC004 37 38 2.89 MG25313027 SLRC004 38 39 0.471 MG25313027 SLRC004 39 40 0.989 MG25313027 SLRC004 40 41 0.447 MG25313027 SLRC004 41 42 0.138 MG25313027 SLRC004 42 43 0.108 MG25313027 SLRC004 43 44 0.105 MG25313027 Seven Leaders SLRC005 0 1 8.99 MG25313027 SLRC005 1 2 1.215 MG25313027 SLRC005 2 3 0.247 MG25313027 SLRC005 3 4 3.73 MG25313027 SLRC005 4 5 0.09 MG25313027 SLRC005 5 6 0.348 MG25313027 SLRC005 6 7 0.622 MG25313027 SLRC005 7 8 2.39 MG25313027 SLRC005 8 9 4.07 MG25313027 SLRC005 9 10 4.15 MG25313027 SLRC005 10 11 1.7 MG25313027 SLRC005 11 12 0.411 MG25313027 SLRC005 12 13 0.73 MG25313027 SLRC005 13 14 0.288 MG25313027 SLRC005 14 15 0.354 MG25313027 SLRC005 15 16 0.508 MG25313027 SLRC005 16 17 0.267 MG25313027 SLRC005 17 18 0.11 MG25313027 SLRC005 18 19 0.289 MG25313027 SLRC005 19 20 0.557 MG25313027 SLRC005 20 21 0.436 MG25313027 SLRC005 21 22 1.155 MG25313027 SLRC005 22 23 1.215 MG25313027 SLRC005 23 24 0.365 MG25313027 SLRC005 24 25 0.881 MG25313027 SLRC005 25 26 2.94 MG25313027 SLRC005 26 27 1.36 MG25313027 SLRC005 27 28 0.113 MG25313027 SLRC005 28 29 0.389 MG25313027 SLRC005 29 30 1.86 MG25313027 SLRC005 30 31 1.315 MG25313027 SLRC005 31 32 2.83 MG25313027 SLRC005 32 33 3.29 MG25313027 SLRC005 33 34 18.05 MG25313027 SLRC005 34 35 0.609 MG25313027 SLRC005 35 36 0.294 MG25313027 Seven Leaders SLRC006 0 1 0.173 MG25313027 SLRC006 7 8 0.267 MG25313027 SLRC006 8 9 0.221 MG25313027 SLRC006 15 16 0.264 MG25313027 SLRC006 18 19 0.176 MG25313027 SLRC006 19 20 0.354 MG25313027 SLRC006 20 21 1.78 MG25313027 SLRC006 21 22 0.373 MG25313027 SLRC006 22 23 0.537 MG25313027 SLRC006 23 24 0.207 MG25313027 Seven Leaders SLRC007 0 1 0.167 MG25313041 SLRC007 1 2 0.056 MG25313041 SLRC007 2 3 0.032 MG25313041 SLRC007 3 4 0.157 MG25313041 SLRC007 4 5 0.405 MG25313041 SLRC007 16 17 0.104 MG25313041 SLRC007 17 18 0.11 MG25313041 SLRC007 18 19 0.424 MG25313041 SLRC007 19 20 0.417 MG25313041 SLRC007 20 21 0.059 MG25313041 SLRC007 21 22 0.177 MG25313041 SLRC007 22 23 0.156 MG25313041 SLRC007 23 24 0.344 MG25313041 SLRC007 30 31 0.194 MG25313041 SLRC007 31 32 0.01 MG25313041 SLRC007 32 33 0.004 MG25313041 SLRC007 33 34 0.054 MG25313041 SLRC007 34 35 0.47 MG25313041 SLRC007 35 36 6.17 MG25313041 SLRC007 36 37 6.96 MG25313041 SLRC007 37 38 0.704 MG25313041 SLRC007 38 39 0.263 MG25313041 SLRC007 39 40 0.278 MG25313041 SLRC007 45 46 0.116 MG25313041 SLRC007 46 47 0.016 MG25313041 SLRC007 47 48 0.176 MG25313041 Seven Leaders SLRC008 2 3 0.123 MG25313041 SLRC008 6 7 0.699 MG25313041 SLRC008 7 8 0.147 MG25313041 SLRC008 8 9 0.327 MG25313041 SLRC008 9 10 0.235 MG25313041 SLRC008 10 11 0.233 MG25313041 SLRC008 11 12 0.344 MG25313041 SLRC008 12 13 0.202 MG25313041 SLRC008 13 14 0.337 MG25313041 SLRC008 14 15 0.513 MG25313041 SLRC008 15 16 1.195 MG25313041 SLRC008 16 17 0.243 MG25313041 SLRC008 17 18 0.206 MG25313041 SLRC008 18 19 0.087 MG25313041 SLRC008 19 20 0.056 MG25313041 SLRC008 20 21 0.2 MG25313041 SLRC008 21 22 0.135 MG25313041 SLRC008 22 23 0.438 MG25313041 SLRC008 23 24 1.8 MG25313041 SLRC008 24 25 0.209 MG25313041 SLRC008 25 26 0.027 MG25313041 SLRC008 26 27 0.319 MG25313041 SLRC008 27 28 1.05 MG25313041 SLRC008 28 29 0.037 MG25313041 SLRC008 29 30 0.08 MG25313041 SLRC008 30 31 0.032 MG25313041 SLRC008 31 32 0.73 MG25313041 SLRC008 32 33 1.195 MG25313041 Seven Leaders SLRC009 3 4 0.357 MG25313041 SLRC009 4 5 0.656 MG25313041 SLRC009 14 15 0.153 MG25313041 SLRC009 15 16 0.929 MG25313041 SLRC009 16 17 0.105 MG25313041 SLRC009 17 18 0.115 MG25313041 SLRC009 18 19 0.082 MG25313041 SLRC009 19 20 0.153 MG25313041 SLRC009 20 21 0.426 MG25313041 SLRC009 21 22 0.322 MG25313041 SLRC009 22 23 1.73 MG25313041 SLRC009 23 24 7.4 MG25313041 SLRC009 24 25 0.163 MG25313041 SLRC009 25 26 0.284 MG25313041 SLRC009 26 27 0.118 MG25313041 SLRC009 27 28 0.865 MG25313041 SLRC009 28 29 0.098 MG25313041 SLRC009 29 30 0.903 MG25313041 Seven Leaders SLRC010 0 1 0.289 MG25313027 SLRC010 1 2 0.29 MG25313041 SLRC010 2 3 0.926 MG25313041 SLRC010 3 4 0.301 MG25313041 SLRC010 4 5 0.528 MG25313041 SLRC010 5 6 0.893 MG25313041 SLRC010 6 7 0.117 MG25313041 SLRC010 7 8 0.345 MG25313041 SLRC010 8 9 0.057 MG25313041 SLRC010 9 10 0.232 MG25313041 SLRC010 10 11 0.328 MG25313041 SLRC010 11 12 0.343 MG25313041 SLRC010 12 13 0.073 MG25313041 SLRC010 13 14 0.142 MG25313041 SLRC010 14 15 0.29 MG25313041 SLRC010 15 16 0.48 MG25313041 SLRC010 16 17 0.013 MG25313041 SLRC010 17 18 0.231 MG25313041 SLRC010 18 19 0.047 MG25313041 SLRC010 19 20 0.131 MG25313041 SLRC010 20 21 0.292 MG25313041 SLRC010 21 22 0.256 MG25313041 SLRC010 22 23 0.673 MG25313041 SLRC010 23 24 0.265 MG25313041 Seven Leaders SLRC011 55 56 0.229 MG25313041 SLRC011 56 57 0.489 MG25313041 Seven Leaders SLRC012 0 1 0.107 MG25313041 SLRC012 16 17 0.113 MG25313041 SLRC012 17 18 0.302 MG25313041 SLRC012 18 19 0.377 MG25313041 SLRC012 19 20 0.434 MG25313041 SLRC012 20 21 0.058 MG25313041 SLRC012 21 22 0.376 MG25313041 SLRC012 22 23 0.176 MG25313041 SLRC012 23 24 0.262 MG25313041 Seven Leaders SLRC013 0 1 0.183 MG25313041 SLRC013 1 2 0.091 MG25313041 SLRC013 2 3 0.031 MG25313041 SLRC013 3 4 0.072 MG25313041 SLRC013 4 5 0.019 MG25313041 SLRC013 5 6 0.216 MG25313041 SLRC013 14 15 0.411 MG25313041 SLRC013 15 16 0.109 MG25313041 SLRC013 16 17 0.04 MG25313041 SLRC013 17 18 0.028 MG25313041 SLRC013 18 19 0.102 MG25313041 SLRC013 19 20 0.043 MG25313041 SLRC013 20 21 0.193 MG25313041 Seven Leaders SLRC014 2 3 1.665 MG25313041 SLRC014 14 15 0.173 MG25313041 SLRC014 15 16 3.46 MG25313041 SLRC014 16 17 0.056 MG25313041 SLRC014 17 18 0.013 MG25313041 SLRC014 18 19 0.018 MG25313041 SLRC014 19 20 0.122 MG25313041 SLRC014 20 21 0.287 MG25313041 SLRC014 21 22 0.325 MG25313041 SLRC014 22 23 0.858 MG25313041 SLRC014 23 24 0.368 MG25313041 SLRC014 24 25 0.071 MG25313041 SLRC014 25 26 0.045 MG25313041 SLRC014 26 27 0.347 MG25313041 SLRC014 27 28 1.6 MG25313041 SLRC014 28 29 32.1 MG25313041 SLRC014 29 30 39 MG25313041 SLRC014 30 31 2.45 MG25313041 SLRC014 31 32 0.697 MG25313041 SLRC014 32 33 0.074 MG25313041 SLRC014 33 34 0.457 MG25313041 Seven Leaders SLRC017 0 1 Waiting on assays SLRC018 0 1 Waiting on assays SLRC019 0 1 Waiting on assays SLRC020 0 1 Waiting on assays SLRC021 0 1 Waiting on assays SLRC022 1 2 Waiting on assays SLRC023 0 1 Waiting on assays SLRC024 0 1 Waiting on assays Seven Leaders SLRC025 0 1 1.105 MG25313041 SLRC025 1 2 1.29 MG25313041 SLRC025 2 3 1.055 MG25313041 SLRC025 3 4 0.235 MG25313041 SLRC025 18 19 0.296 MG25313041 SLRC025 19 20 0.21 MG25313041 SLRC025 20 21 0.207 MG25313041 SLRC025 21 22 0.088 MG25313041 SLRC025 22 23 0.161 MG25313041 Seven Leaders SLRC026 14 15 0.132 MG25313027 SLRC026 15 16 0.031 MG25313027 SLRC026 16 17 0.827 MG25313027 SLRC026 17 18 0.383 MG25313027 SLRC026 18 19 0.65 MG25313027 SLRC026 19 20 1.445 MG25313027 SLRC026 20 21 1.905 MG25313027 SLRC026 21 22 2.24 MG25313027 SLRC026 22 23 2.84 MG25313027 SLRC026 23 24 0.631 MG25313027 SLRC026 24 25 2.54 MG25313027 SLRC026 25 26 1.68 MG25313027 SLRC026 26 27 5.16 MG25313027 SLRC026 27 28 0.39 MG25313027 SLRC026 28 29 0.444 MG25313027 SLRC026 29 30 0.652 MG25313027 SLRC026 30 31 0.206 MG25313027 SLRC026 31 32 0.054 MG25313027 SLRC026 32 33 0.154 MG25313027 SLRC026 33 34 0.56 MG25313027 SLRC026 34 35 0.203 MG25313027 SLRC026 35 36 0.207 MG25313027 SLRC026 36 37 0.417 MG25313027 SLRC026 37 38 0.073 MG25313027 SLRC026 38 39 0.15 MG25313027 Seven Leaders SLRC027 2 3 0.618 MG25313027 SLRC027 3 4 0.036 MG25313027 SLRC027 4 5 1.15 MG25313027 SLRC027 5 6 0.146 MG25313027 SLRC027 6 7 0.466 MG25313027 SLRC027 7 8 2.96 MG25313027 SLRC027 8 9 4.02 MG25313027 SLRC027 9 10 0.462 MG25313027 SLRC027 10 11 1.24 MG25313027 SLRC027 11 12 0.084 MG25313027 SLRC027 12 13 0.97 MG25313027 SLRC027 13 14 0.391 MG25313027 SLRC027 14 15 0.193 MG25313027 SLRC027 15 16 0.165 MG25313027 SLRC027 16 17 0.516 MG25313027 SLRC027 17 18 0.263 MG25313027 SLRC027 18 19 0.359 MG25313027 SLRC027 19 20 0.917 MG25313027 SLRC027 20 21 0.266 MG25313027 SLRC027 21 22 0.217 MG25313027 SLRC027 22 23 0.375 MG25313027 SLRC027 23 24 0.175 MG25313027 Seven Leaders SLRC028 0 1 0.316 MG25313041 SLRC028 1 2 0.059 MG25313041 SLRC028 2 3 0.089 MG25313041 SLRC028 3 4 0.086 MG25313041 SLRC028 4 5 0.063 MG25313041 SLRC028 5 6 0.162 MG25313041 SLRC028 6 7 0.026 MG25313041 SLRC028 7 8 0.208 MG25313041 SLRC028 8 9 0.032 MG25313041 SLRC028 9 10 0.052 MG25313041 SLRC028 10 11 0.122 MG25313041 SLRC028 11 12 0.347 MG25313041 SLRC028 12 13 0.05 MG25313041 SLRC028 19 20 0.434 MG25313041 SLRC028 20 21 0.086 MG25313041 SLRC028 21 22 0.102 MG25313041 SLRC028 22 23 0.156 MG25313041 SLRC028 37 38 0.157 MG25313041 Seven Leaders SLRC029 0 1 Waiting on assays Seven Leaders SLRC030 0 1 Waiting on assays Seven Leaders SLRC031 13 14 0.427 MG25313027 SLRC031 14 15 0.535 MG25313027 SLRC031 15 16 0.119 MG25313027 SLRC031 16 17 0.223 MG25313027 SLRC031 17 18 0.392 MG25313027 SLRC031 18 19 0.6 MG25313027 SLRC031 19 20 0.628 MG25313027 SLRC031 20 21 1.07 MG25313027 SLRC031 21 22 0.374 MG25313027 SLRC031 22 23 0.135 MG25313027 SLRC031 23 24 0.082 MG25313027 SLRC031 24 25 0.051 MG25313027 SLRC031 25 26 0.204 MG25313027 SLRC031 26 27 0.313 MG25313027 SLRC031 27 28 0.096 MG25313027 SLRC031 28 29 0.724 MG25313027 SLRC031 29 30 0.106 MG25313027 SLRC031 30 31 0.571 MG25313027 SLRC031 31 32 0.045 MG25313027 SLRC031 32 33 0.798 MG25313027 SLRC031 33 34 0.053 MG25313027 SLRC031 34 35 0.031 MG25313027 SLRC031 35 36 0.402 MG25313027 Seven Leaders SLRC032 0 1 0.134 MG25313027 SLRC032 7 8 0.138 MG25313027 SLRC032 8 9 0.036 MG25313027 SLRC032 9 10 0.125 MG25313027 SLRC032 10 11 0.166 MG25313027 SLRC032 11 12 0.862 MG25313027 SLRC032 12 13 0.353 MG25313027 SLRC032 13 14 0.167 MG25313027 SLRC032 14 15 0.139 MG25313027 SLRC032 15 16 0.014 MG25313027 SLRC032 16 17 0.593 MG25313027 SLRC032 17 18 0.295 MG25313027 SLRC032 18 19 0.308 MG25313027 SLRC032 19 20 0.559 MG25313027 SLRC032 20 21 0.395 MG25313027 SLRC032 21 22 1.01 MG25313027 SLRC032 22 23 0.281 MG25313027 SLRC032 23 24 0.311 MG25313027 Seven Leaders SLRC033 0 1 Waiting on assays Seven Leaders SLRC034 36 37 2.19 MG25313041 SLRC034 44 45 0.417 MG25313041 SLRC034 50 51 0.318 MG25313041 SLRC034 55 56 0.228 MG25313041 SLRC034 56 57 1.245 MG25313041 SLRC034 57 58 2.27 MG25313041 SLRC034 58 59 0.189 MG25313041 SLRC034 59 60 0.345 MG25313041 Prospect Hole ID Easting Northing RL Azimuth Dip Actual Depth Comments Seven Leaders SLRC001 374787 6663493 386 51 -60 54 SLRC002 374795 6663501 386 52 -60 35 SLRC003 374802 6663507 386 56 -60 18 SLRC004 374805 6663482 387 56 -60 48 SLRC005 374811 6663487 387 55 -60 36 SLRC006 374817 6663493 387 53 -60 24 SLRC007 374833 6663447 387 54 -60 48 SLRC008 374837 6663456 387 54 -60 42 SLRC009 374843 6663463 387 46 -60 36 SLRC010 374831 6663478 387 55 -60 30 SLRC011 374807 6663457 387 73 -60 60 SLRC012 374868 6663405 387 54 -60 36 SLRC013 374875 6663411 387 53 -60 30 SLRC014 374879 6663388 387 58 -60 42 Holes 15,16 not completed SLRC017 374892 6663373 388 54 -60 42 assays pending SLRC018 374898 6663378 388 50 -60 32 assays pending SLRC019 374899 6663352 387 53 -60 43 assays pending SLRC020 374907 6663359 387 55 -60 42 assays pending SLRC021 374916 6663341 387 54 -60 42 assays pending SLRC022 374931 6663354 387 48 -60 42 assays pending SLRC023 374933 6663329 387 44 -60 36 assays pending SLRC024 374940 6663335 387 58 -60 24 assays pending SLRC025 374882 6663415 387 51 -60 23 SLRC026 374779 6663513 386 53 -60 41 SLRC027 374791 6663522 386 53 -60 24 SLRC028 374850 6663440 387 53 -60 44 SLRC029 374898 6663405 387 55 -60 18 assays pending SLRC030 374907 6663389 387 61 -60 18 assays pending SLRC031 374769 6663525 386 53 -60 37 SLRC032 374778 6663532 386 50 -60 24 SLRC033 374915 6663366 387 54 -60 30 assays pending SLRC034 374855 6663394 387 51 -60 60 JORC Code, 2012 Edition – Table 1 report Section 1 Sampling Techniques and Data – Seven Leaders (Criteria in this section apply to all succeeding sections.) Criteria JORC Code explanation Commentary Sampling techniques • Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling. • Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. • Aspects of the determination of mineralisation that are Material to the Public Report. • In cases where ‘industry standard’ work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information. Reverse Circulation (RC) • RC drilling used high pressure air and levelled cone splitter or rotary splitter to collect samples. • Samples were collected at one metre intervals and placed in individually numbered calico bags. • Duplicate standards and blanks were included and sent for analysis with samples. Sampling was guided by previous Hastings sampling protocols and QA/QC procedures. • Samples to be sent to the ALS Laboratory in Perth for assay via fire assay (method FA50/OE04). • All samples were pulverised to better than 85% passing 75μm with a 25g aliquot taken for assay. • Sampling is considered appropriate for the style of mineralisation. Drilling techniques • Drill type (eg core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other RC • Completed with a face sampling hammer and collected either a cone splitter or rotary splitter ). Sample recovery was recorded good, moderate Criteria JORC Code explanation Commentary type, whether core is oriented and if so, by what method, etc). or poor the expected sample, sample state recorded (dry, moist, wet or Wet Induced). • RC drilling at Seven Leaders totalled 1,222m from 32holes. Drill sample recovery • Method of recording and assessing core and chip sample recoveries and results assessed. • Measures taken to maximise sample recovery and ensure representative nature of the samples. • Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material. RC • A face sampling hammer was used to reduce contamination. • 1m drill chip samples weighing approximately 2.5kg were collected throughout the drill program in sequentially uniquely numbered bags. • The sample size is appropriate to the style of mineralisation. • Split samples were recovered from a cyclone and rig-mounted rotary or cone splitter. • Duplicate samples (field duplicates) collected at drill site 1 in every 40 samples. • The sample recovery and physical state of the sample was recorded. • A separate sample is sieved from the splitter reject material into chip trays and used for geological logging. • Chip photos were taken Logging • Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies. • Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography. • The total length and percentage of the relevant intersections logged. • All RC drilling was logged for geology in the field by qualified geologists. Lithological and mineralogical data was recorded for all drill holes using a coding system developed specifically for the Project. Primary and secondary lithologies are recorded in addition to texture, structure, colour, grain size, alteration type and intensity, estimates of mineral quantities, graphite intensity and sample recovery. The oxidation zone is also recorded. • Geological logging is qualitative in nature. Sub-sampling techniques and sample preparation • If core, whether cut or sawn and whether quarter, half or all core taken. • If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. • For all sample types, the nature, quality and appropriateness of the sample preparation technique. • Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples. • Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate/second-half sampling. RC • A face sampling hammer was used to reduce contamination. • 1m drill chip samples, weighing approximately 2.5 - 3kg were collected throughout the drill program in sequentially uniquely numbered bags. • The sample size is appropriate to the style of mineralisation. • Split samples were recovered from a cyclone and rig-mounted rotary or cone splitter. • Duplicate samples (field duplicates) collected at drill site 1 in every 40 samples • The sample recovery and physical state of the sample was recorded for every sample. Criteria JORC Code explanation Commentary • Whether sample sizes are appropriate to the grain size of the material being sampled. • A separate sample is sieved from the splitter reject material into chip trays and used for geological logging. RC Sample preparation • Seven Leaders samples were analysed at ALS in Perth. Samples were dried at approximately 120°C with the sample then crushed using a Boyd crusher which crushes the samples to –2mm. The resulting material is then passed to a series LM5 pulverisers and ground to a nominal 85% passing of 75μm. • The milled pulps were weighed out (50g) and underwent analysis by fire assay (method FA50/OE04) Quality of assay data and laboratory tests • The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total. • For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc. • Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established. • The assaying and laboratory procedures used are appropriate for the material tested. • Sampling was guided by internal protocols and QA/QC procedures. • For RC samples, standards and field duplicates were inserted at an approximate rate of