Sihayo Gold Limited Reports Earnings Results for the Half Year Ended December 31, 2022

Sihayo Gold Limited is an Australia-based minerals exploration and development company with gold projects in Indonesia. The Company is focused on advancing and evaluation of the Sihayo Starter Project and ongoing exploration across the contract of work (CoW), with a particular focus on the Hutabargot Julu prospect. The Company owns an approximately 75% interest in PT Sorikmas Mining, which in turn holds the Sihayo-Pungkut 7th Generation CoW. The CoW corves approximately 66,200 hectares, subdivided into two blocks, which is located within the Barisan Mountains in North Sumatra province. The Sihayo Gold Project is the most advanced project within the CoW. The CoW area is deemed to be highly prospective for gold and base metals mineralization with multiple prospects identified targeting carbonate-hosted gold, epithermal-vein gold, copper-gold porphyry and gold-copper skarn, among others. Its other projects include Diamond Exploration, Mount Keith Gold Project and Mulgabbie Gold Project.