All show a similar chemistry to GSPDD0005, with high Ni tenor and elevated PGE values indicating an original magmatic origin. Disseminated sulphide mineralisation at GSP: Broad zones of magmatic nickel sulphide mineralisation were also recorded principally from a mesocumulate (an olivine-rich ultramafic rock often found in nickel sulphide channels) flow stratigraphically higher within the GSP ultramafic package, or in GSPDD0005, from the basal contact. Significant disseminated nickel sulphide intersections in mesocumulate rocks include 21m @ 0.48% Ni from 223m in GSPDD0001, and 6m @ 0.49% Ni from 154m and 6m @ 0.57% Ni from 169m in GSPDD0003.

GSPDD005 reported 19.44m @ 0.49% Ni from 143m, hosted in ultramafic rocks close to the basal contact. Note that GSPDD005 is drilled parallel to the contact, and the intercept true width will be significantly lower than the downhole width. The high PGE content again suggests the disseminated Ni mineralisation is of magmatic origin.

These intercepts support and build on zones of disseminated mineralisation recorded in partially sampled historical drilling. The distribution of disseminated sulphide mineralisation relative to the location of the footwall contact may provide an important vector to further massive sulphide targets at depth and along strike. Discussion: The footwall hosted Ni mineralised veins at GSP are interpreted to represent remobilisation of massive sulphide into footwall structures, either through direct emplacement of massive sulphide into the footwall via magmatic melt processes, or structural remobilisation of massive sulphide from its primary position post cooling of the komatiitic flow system.

All five Solstice DD holes reported here hit nickel mineralised veins at or just within the basal footwall contact and support similar intercepts in historical drilling 3 at GSP such as: 8.01m @ 2.4% Ni from 113.39m (incl. 1.52m @ 6.8% Ni from 113.39m) in GS033 - 2.86m @ 2.9% Ni from 166m (incl. 2.13m @ 3.5% Ni from 166.73m) in GS013 - 4.0m @ 2.3% Ni from 104m in MJRC047 - 4.0m @ 1.4% Ni from 145m in MJRC048.

The broad spread of significant mineralisation, both down plunge and across strike, suggests there may have been a body of massive, or semi-massive sulphide (of unknown width) developed along the footwall contact prior to remobilisation. The footwall sulphides are not considered to be remobilised from the disseminated sulphide hosted nickel mineralisation located higher in the ultramafic flow package. Downhole EM surveying: Drill holes GSPDD0003 to GSPDD0006 were drilled down dip of the basal contact to act as platform holes for downhole EM surveys, looking for potential massive sulphide responses located off-hole from the existing drilling.

The four holes were successfully surveyed. Conductive plates of limited local extent were identified around the high-grade intersections reported in GSPDD0005, including features at 102m, 110m and 130m downhole. DHEM surveying in GSPDD0004 identified a modest scale off-hole conductor at 247m downhole.

While no significant conductors were identified near the surveyed holes, the DHEM responses reflect the somewhat disconnected vein and veinlet style of massive sulphide mineralisation. The DHEM work has however confirmed the GSP nickel sulphides are conductive and that DHEM will remain a key tool to search for larger (intact) massive sulphide bodies as exploration continues down-plunge and along strike. Next steps: The high-grade nickel intercepts returned from this phase of drilling validate GSP as a high-priority exploration asset and have added to the geological understanding.

The prize is an intact Kambalda or Silver Swan style high-grade massive sulphide accumulation, either down-plunge following the flow corridor or along strike ­ particularly on the south side of the local NE-trending Owen Fault. Ongoing exploration in the GSP area will look to explore the open down plunge extensions of the GSP footwall surface, with targeting based on Solstice's improved geological understanding as additional downhole geochemical information is returned, and ongoing interpretation of the geometry of the footwall surface and of disseminated sulphide bearing flows, particularly tracing key surfaces across the Owen Fault. Drilling density decreases on the south side of the Owen Fault, offering approximately 1.5km of strike that remains largely untested at depth.

Modern DHEM systems will continue to be used to look for larger bodies of sulphide at depth. The broader Project area covers more than 10km of soil-covered strike of highly prospective Silver Swan-Black Swan ultramafic belt, and hosts additional targets beyond GSP, including around open disseminated sulphide intercepts at the Ringlock Prospect 4. These targets will also be worked up and ranked in coming months.