Kalgoorlie Gold Mining Limited provided an exploration update on the Company's 100% controlled Pianto Project, located 85 km north of Kalgoorlie-Boulder. First-pass exploration of a large magnetic target has just been completed. A total of 315 auger samples were collected on a nominal 400 x 200m grid pattern across a broad structural and geophysical exploration target area that measures around 11 x 3km, trending north-westerly.

Weak gold anomalism is evident in sparse historic auger data over the area. In addition, the program will assay for lithium and associated critical mineral pathfinders. Highlights: Reconnaissance auger geochemistry program has been completed at KalGold's Pianto Project (E29/1125); Program designed to test a `gold in granite' exploration model, analogous to the Golden Cities mine camp 50km to the south; 315 auger samples collected on a nominal 400 x 200m grid pattern across a broad structural and geophysical exploration target area; KalGold holds 100% Mineral rights on E29/1125.

Samples to be analysed for a full multi- element assay suite inclusive of Lithium, and Critical Mineral pathfinders; Results expected mid-January 2023.