Bellavista Resources advised that the first phase of drilling at its Brumby zinc-silver-copper project 130km south-west of Newman is now completed. The Company also advises that all of the seven (7) diamond holes drilled have intersected zinc- silver-copper target horizon. These diamond holes cover a strike length of over 7km.

The mineralised system remains open in all directions on both the RC and diamond lines. The drilling program is aimed at expanding the known mineralisation footprint at Brumby, which is already estimated to cover 30sqkm (based on historical drilling), and specifically target areas where high-grade mineralisation may exist. Numerous holes from the historic work did not reach target depth, and no diamond core was available prior to Bellavista's maiden program.

The Phase 1 drilling program comprised 3,574m in seven (7) diamond and four (4) RC holes. Assays are pending on all 11 holes. From initial observations, all diamond holes appear to have intersected the Brumby zinc-silver- copper target horizon, extending the mineralised footprint significantly.

Scout RC holes (BRRC0001-0003) drilled on a 3km east-west strike length, approximately 2.5km north of the nearest Brumby historic hole. The middle hole BRRC0002 intersected a significant amount of visible sulphides from approximately 190m (trace to semi-massive ¡ pyrite and several other fine-grained sulphide species) in the target black shale horizon to the end of the hole (250m). A fourth RC hole (BRRC0004) has intersected multiple black shale horizons in the fold nose.

If mineralised, this takes the scale another 1.5km further West. All RC samples have been dispatched to the laboratory in Perth, with assays expected in 6-8weeks. All core is being prepared and dispatched for initial continuous XRF before selected zones from each hole will be cut, sampled and sent for assay.

Passive Seismic phones have been deployed; program covers 8sqkm with the aim of testing the techniques' ability to identify contrasts in the basement, particularly around zones of thickening and/or higher-grade mineralisation. The seismic phones will be collected next week and returned to the contractor to download data and prepare a three-dimensional model from the data collected. An Indigenous Heritage survey, clearing the entire area for the Phase 2 drill program is expected to commence shortly.

The survey will cover the entire NW portion of the Brumby Target, allowing future programs to continue in this area without the need for further surveys. An RC rig with big air capability is being secured from RC drilling partner, Strike Drilling, for the Phase 2 program. Subject to clearing of tracks and pads, Phase 2 drilling is expected to commence in early in the fourth quarter 2022.