Kalamazoo Resources Limited advised that assays have been received for the remaining 18 RC and 70 AC drill holes undertaken in the 2021 Phase II drill program. These drillholes targeted regional or "greenfields" prospects outside of the known 1.65Moz gold resource areas at the Ashburton Gold Project (AGP). The five regional gold prospects targeted were: Annie Oakley Prospect located approximately 800m NW of the 68koz @ 3.6g/t Au Waugh Resource; Petra Prospect located approximately 3kms NW of the 1.08Moz @ 2.2g/t Au Mt Olympus Resource; St Helens Prospect located approximately 1km W of the Mt Olympus Resource; Triple M Prospect located 1km SE of the 72koz @ 2.2g/t Au Zeus Resource; and Mae West Prospect located 750m north of the 399Koz @ 3.4g/t Au Peake Resource.

The results from the five regional gold prospects support a key objective for the AGP, which is the discovery of significant new additional oxide and sulphide gold resources as part of Kalamazoo's mine project development strategy. Various geological investigations and target generation exercises are underway at Annie Oakley, Petra and other prospects for input into the Phase III exploration program scheduled to commence in First Quarter 2022.