Enterprise Metals Limited Reports Earnings Results for the Half Year Ended December 31, 2021

Enterprise Metals Limited is an Australia-based company, which is focused on gold, lithium and base metals exploration. The Company's projects include the Fraser Range Project, Murchison Gold Project, Doolgunna Copper/Gold Project, Mandilla Gold Prospect, Bullfinch North Project, and Perenjori Project. The Fraser Range Project is located within the Albany-Fraser Orogen, approximately 100 kilometers (km) east of Norseman, and covers approximately 500 square km of prospective license. The Murchison Gold Project is located approximately 30 km north of Cue and 35 km north-east of the Big Bell Gold Mine and forms a semi-contiguous landholding of approximately 830 square km over a buried greenstone belt. The Doolgunna Project covers approximately 60 km of strike between the southern boundary of the Bryah Basin and the northern part of the Yerrida Basin. The Mandilla Gold Prospect is located approximately 20 km south of Kambalda.