Orange Minerals NL announced the following update of exploration activities: Following are recent drill programme completed at Calarie a maiden resource is currently being estimated and is expected to be completed in early 2023. Ground exploration activities are currently focussed on the northeast along strike targeting the sheared contact between the Late Ordovician to Early Silurian Cotton Formation sediments and the North Parkes Volcanic Group Following the successful Phase 1 drill programme completed at Wisemans Creek, planning is underway for a Phase 2 diamond programme in the first quarter of 2023. Drill programme will test two target areas namely Target Area A - The Northwest Ridge - Prospect where drilling will follow up on a number of excellent intersections in historical holes in including: WDC004: 19m @ 4.04 g/t Au, 15.0 g/t Ag, 0.14% Cu, 0.38% Pb, 0.09% Zn from 81m Includes 5m @ 12.78 g/t Au, 23.2 g/t Ag, 0.20% Cu, 0.27% Pb, 0.15% Zn from 95m.

NRP001: 17m @ 2.13 g/t Au, 65.0 g/t Ag, 0.28% Cu, 0.70% Pb, 0.88% Zn from 102m Includes 3m @ 8.01 g/t Au, 194.0 g/t Ag, 0.76% Cu, 1.89% Pb, 2.57% Zn from 111m. Target Area B - Central West - Area west of hole OWCD004 which in the Phase 1 drilling programme returned 24.6m @ 1.30 g/t Au from 34.4m, including 7m @ 2.28g/t from 39m. The zone is open to the west and along strike.

A recent field visit was made to the Majestic/Kurnalpi Projects approximately 50km east of Kalgoorlie including tenements recently purchased from Rocky Reef Mining Pty Ltd. A number of drill targets have now been defined on the Majestic/Kurnalpi/Burtons Dam tenements, and planning is underway for a maiden drill programme in 2023 to test these targets. Target A - Kurnalpi E 28/2294 covers part of the prospective Kurnalpi goldfield and drilling is planned to test the northern extension of the Avoca Fault, that hosts several gold prospects in adjoining leases. Auriferous quartz veins associated with the fault are exposed in the numerous shallow workings along the trend.

Soil sampling and limited drilling to date highlight an anomalous gold zone in the northeast corner of the tenement. Target Area B Covers the possible extension to the adjacent Jones Find mineralisation. Target Area C: Will test quartz veining associated with a significant east - west magnetic high.

Quartz veining on the southern contact of a prominent NS trending dolerite dyke will be targeted in area D. Target Area D - Burtons Dam The Burtons Dam tenements are a package of 13 adjoining leases, 1.5km east of the Daisy Milano gold mine. Target Area E: Testing multiple quartz veins associated with N-S faults and an EW trending Proterozoic Dolerite dyke that cuts through the top of the tenements.