Avenira Limited announced it has received all composite analytical results from the Reverse Circulation (RC) drilling program completed at Jundee South (the Project) during Fourth Quarter of 2021. This program comprised 23 RC holes for 4,894m. Significance of intercepts - 4m @ 7.29g/t Au in JSRC_0021: The intercept is a down-dip bedrock extension of the targeted anomaly in gcmDTRB289 (4m @ 0.87g/t Au).

The intercept is at a contact between two Intermediate porphyries, one being hematite rich. The contact is distinguished by weak disseminated pyrite and quartz veining. The anomaly appears to sit along a magnetic high which links to the historic anomaly of 4m @ 0.63g/t Au 640m to the SE.

Significance of intercepts - 28m @ 0.84g/t Au including 8m @ 2.03g/t Au in JSRC_0005: The anomaly is hosted within a felsic porphyry with minor quartz veining. The anomaly lies on a 1,200m long zone of anomalism which parallels but is offset from a highly magnetic feature. Potential exists on the SE half of this trend where little drilling has been undertaken.

Potential also exists at depth with the anomaly being at the bedrock interface. Significance of intercepts - 8m @ 1.06g/t Au in JSRC_0018: Mineralisation quartz vein hosted within a felsic porphyry. This porphyry has a NW trend and an untested strike length of 600m.

The intersection is at the bedrock interface and has potential at depth. Significance of intercepts - 4m @ 1.04g/t Au in JSRC_0017: JSRC_0017 tested beneath historic intercepts of 3m @ 0.45g/t Au, 7m @ 0.24g/t Au and 1m @ 0.78g/t Au in holes JSA20_125,JSA20_297 and JSA20_123 respectively, which were redox front anomalies associated with quartz veining. JSRC_0017 was hosted in a moderately weathered felsic volcanic with moderate quartz veinig and minor disseminated sulphide.

Potential exists at depth and along strike 400m to the ESE where historic hole gcmSHRB36 contains 4m @ 9.68g/t Au. Ongoing Work: Resampling of composite gold assays returning 0.1g/t Au or more has been completed and samples submitted to Jinning in Kalgoorlie for analysis. Planning of follow-up RC and Aircore drilling has commenced with a view to undertaking work in fourth quarter of 2022.