Tennant Minerals Ltd. announced that the new phase of drilling at the high-grade Bluebird copper-gold discovery has doubled the strike-length of the deposit to over 240m and extended the mineralisation to approximately 300m below surface. The mineralised zone remains open in all directions. The Bluebird discovery is one of multiple targets identified within the Company's 100%-owned Barkly Project along a 5km east-west trending gravity anomaly known as the Bluebird Corridor.

In addition to the previously announced BBDD0018, which intersected a 32.5m intersection of intense haematite and copper mineralisation from 151.6m including a 7m zone of predominantly massive copper- sulphides from 164m, two new holes have intersected intense copper-mineralisation on two 40m step- out sections to the west of BBDD0018. This has doubled the strike length of the drilled deposit to over 240m. These two new holes include: BBDD0021, which intersected a 30m zone of haematite alteration, brecciation and sulphides from 161m downhole including 18m of intense copper mineralisation (including native copper), and, BBDD0023, which intersected 6m of haematite and copper mineralisation from 173m downhole, interpreted to be above the thick plunging zone associated with the targeted low-resistivity induced polarisation (IP) anomaly on section 448,240mE.

Deeper drilling on this section will now test extensions of the thickened zone which previously produced intersections such as: 63m @ 2.1% Cu, 4.6g/t Au from 153m (incl. 27.55m @ 3.6% Cu, 10.0g/t Au) in BBDD00123; 40m @ 2.6% Cu, 1.34g/t Au from 131m (incl. 4.75m @ 15.2% Cu) in BBDD00134 In addition, deeper drilling designed to extend the Bluebird deposit at depth includes BBDD0022 which intersected a 20m zone of haematite alteration/mineralisation from with a 10m zone of intense brecciation and copper mineralisation (predominantly chalcocite).

Drillhole BBDD0019 intersected 10m of haematite altered ironstone from 244m downhole and has been extended to intersect the mineralised structure at approx. 300m below surface. About the Bluebird Copper-Gold Discovery: The high-grade Bluebird copper-gold discovery is located within the Company's 100% owned Barkly Project, at the eastern edge of the Tennant Creek (copper-gold) Mineral Field (TCMF), which produced over 5Moz of gold and over 500kt of copper from 1934 to 2005.

Drilling to date at Bluebird has identified a steep westerly plunging zone of copper-gold mineralisation extending from 60m to more than 300m below surface and now 240m along strike in an east- west orientation. The mineralised zone remains open in all directions. The new diamond drilling intersections have extended the thick high-grade dilational zone of mineralisation at Bluebird 120m to the west of recent high-grade copper-gold intersections previously announced by the Company, including: 63.0m @ 2.1% Cu and 4.6g/t Au from 153m (down hole) in BBDD00123 (448,360mE) including 40.0m @ 3.0% Cu and 7.3g/t Au from 155.0m, including 27.55m @ 3.6% Cu and 10.0g/t Au from 160.45m.

40m @ 2.6% Cu and 1.34g/t Au from 131m (down hole) in BDD00133 (448,340mE) including 24.5m @ 3.9% Cu and 0.45g/t Au from 146.5m, including 4.75m @ 15.2% Cu and 0.36g/t Au from 164m. 50.0m @ 2.70% Cu and 0.52 g/t Au from 158m (down hole) in BBDD00074 (448,380mE) including 24.0m @ 5.01% Cu and 1.01 g/t Au from 159m, including 4.3m @ 14.7% Cu and 3.10 g/t Au from 176.6m. Previous drilling intersections targeting depth extensions of the Bluebird deposit include 17.8m @ 3.7 % Cu, 0.34g/t Au from 277m (incl.

9.5m @ 6.0% Cu) in BBDD00154, which indicates proximity to a second dilational (thickened) zone target at depth. The results of the IP program have shown a distinct low resistivity (high conductivity) and coincident chargeability response corresponding with the Bluebird mineralisation on the central section 448,360mE, thus confirming that Bluebird can be detected with IP. This section includes the BBDD0012 intersection of 63m @ 2.1% Cu, 4.6g/t Au3 and the IP low resistivity zone indicates continuity at depth down to >400m below surface.

Interpretation of the key drilling intersections, utilising structural data from logging of drill core, indicates that the thick and high-grade copper and gold intersections in BBDD00123 and BBDD00134 are associated with steeply dipping structures that have intersected and rolled-over the axis of a shallow-plunging anticline, generating a thick dilational mineralised zone. The current Stage 2 drilling program builds on the successful Stage 1 diamond drilling recently completed at Bluebird. Up to 10 holes for 3,000m are being drilled in Stage 2 with the aim of extending the Bluebird discovery to a depth of more than 400m and test for extensions/repeats of the high-grade copper- gold zone along strike to the west within the Bluebird-Perseverance Target Zone.

This will define the potential for multiple high-grade copper-gold mineral resources of similar scale to the Peko deposit, 20km west of Bluebird, which produced 3.7Mt @ 4% Cu and 3.5g/t Au from 1934 and 1981.