Hillgrove Resources Limited (Hillgrove, the Company) (ASX:HGO) acknowledges that the metallurgical test work to assess gold recoveries from the Nugent copper gold mineralisation have not been completed and therefore stating the tenor of the Nugent mineralisation as a copper equivalent is not in accordance with the JORC Code Cl 50.

As such, the Company withdraws the release of 3 May 2022 and hereby rereleases the drill results from Nugent, expressed as copper and gold values. Investors should not rely on the retracted information as a basis for any investment decision concerning the Company

Contact:

Mr Lachlan Wallace

Tel: +61 (0)8 7070 1698

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