Meryllion Resources Corp. announced the successful completion of a technical due diligence to its Oldham Range and the receipt of a government grant in support of the proposed work program. Confirmed the location and tenor of historic anomalism from gossanous outcrop within the property area Polymetallic base metal grades of up to 0.11% copper, 800 ppm zinc and 180 ppm lead received from several rock chip samples, between 8 - 10 times the background values Structural setting for gossan location confirmed Aboriginal Heritage Clearance discussions ongoing for drilling approvals CO FUNDING BY WESTERN AUSTRALIAN GOVERNMENT APPROVED FOR FUNDING UP TO AUD$150,000 OF DRILLING AND UP TO AUD$15,000 OF MOBILISATION Evaluated sightings for proposed initial drill program, subject to all relevant Authorities and Stakeholder approval A fifteen drill hole mixed diamond and reverse circulation drilling planned subject to approvals. The Company engaged RockDomain Consulting Pty Ltd. to carry out a technical evaluation and assessment of the geological setting, mineralisation, and results of the historic work programs. RockDomain provided a technical report following a site visit and an assessment of the prospectivity of the Project area and recommended follow up exploration tasks. Between August 10th and 15th, 2021, the consultants undertook a 4-day geological reconnaissance and rock chip sampling campaign over the project area. Several geological traverses were undertaken across the areas identified as most prospective. Seventeen rock chip samples were collected and submitted for analysis. The project area covers approximately 140 km 2 and is located in the central eastern part of Western Australia about 320 km northeast of Wiluna . The data considered for the assessment included, historic data, mapping and field observations, rock chip sampling and geophysical data. The aim was to provide an independent opinion of the style, distribution, geometry and controls on mineralisation as well as an assessment of the litho-stratigraphic succession for an improved geological-structural model to support future exploration. The work undertaken has confirmed that the Oldham Range Project licence E69/3461 covers part of a basement rock inlier consisting of a thick interval of weakly metamorphosed siliciclastic sedimentary rocks. In addition, the geochemical sampling has generated anomalous base metal values within the range of previously reported values. The field work could not confirm a surface expressions of the geophysical anomalies. The field observations and geochemical sampling are interpreted to indicate a possible genetic relationship for mineralisation with the mapped structural and also potentially geophysical and geochemical anomalies. The multi-element geochemical assemblage is interpreted to have originated from primary hydrothermal solution of yet an undetermined source and not simply background enrichment of the bedrock. Furthermore, the type of geochemical element assemblages observed together with the gossanous nature of the surface material and the association with a geophysical anomaly add to the strength of the exploration target. MYR is of the view that the geochemical sampling conducted in the past has been validated and that support for conceptual targets is confirmed. MYR consultant's view is that the proposed drill targets are technically sufficiently supported to warrant a further round of exploration work including drilling. The following rationale has been applied in arriving at this conclusion: · Surface expression, geological-structural evidence of fluid flow and leakage · Level of geochemical enrichment for a range of base metal elements · Spectrum of geochemical element association · Repeatability in surface sampling. Association with geophysical anomalism, and Size. The most effective and efficient test of the defined target areas is by drilling. Two aspects of the target areas have to be considered when selecting a testing method and strategy. First, it is recommended to drill test by implementing one or two top-to-toe RC drill hole traverses including at least 2 to 3 drill holes. The Western Australian Department of Mines, Industry Regulation and Safety approved co-funding for the Oldham Range Project up to a maximum of AUD$150,000 for drilling and a maximum refund of AUD$15,000 for mobilisation costs.