Over the past 18 months, Wiluna Mining Corporation Limited drilled over 175,000 metres de-risking and advancing the new Wiluna gold mine towards production which will commence in December 2021. The Wiluna Mining Operation is a large, long-life open pit and underground mining operation located in Western Australia with production of 52koz in fiscal year 2021 expanding to circa 120,000oz per year by June 2022, and further expansion to greater than 250,000oz envisaged in fiscal year 2024. The significant 28% increase in Indicated Resources affirms the Company's strategy over the past 18 months of drilling to upgrade Resources and Reserves through systematic infill drilling at high-grade (>5 g/t) initial mining areas to support near-term production. Stockpiles of approximately 100,000 tonnes of development ore are already on surface ready for processing through the new concentrator in December 2021 with gold concentrate expected from January 2022 ramping to commercial production of 120,000 ounces per year by June 2022. Wiluna has a growing high-grade gold endowment of 15,000 ounces per vertical metre over three main gold structures with a combined strike length of approximately 10km, and further drilling is expected to increase this in the top 600 metres of the Wiluna Mining Centre. Historical mining extended to 1,000m and drilling to 1,200m below surface, indicating that the highly continuous gold structures remain open and provide considerable opportunities for growth. A like-for-like comparison at a 2.5 g/t cut-off as quoted in the 2020 MRE shows similar total ounces and similar grade. The Company's investment in resource development drilling and updated geological interpretations have successfully increased the higher-confidence, higher-grade Measured & Indicated Resource at the Wiluna Mining Centre to 2,560koz (63% of total ounces), up from 2,135koz (50% of total ounces) at the 2.5 g/t cut-off. The addition of 425koz in Measured & Indicated categories is especially relevant to the underground Sulphide Development at the Wiluna Mining Centre. In 2020, the Wiluna Mining Centre Mineral Resource was reported above 1.0 g/t as the headline reporting cut-off grade (Table 4). Cut-off grades of 0.4 g/t and 2.5 g/t were also shown to reflect conceptual cut-off grades in open pit and underground mining scenarios. The Matilda mineralisation has been interpreted using a 0.5g/t Au cut-off based on previous models, and by observing changes within the statistical population of samples. A 0.3g/t Au wireframe was used to interpret lodes from surface for the M1 and M2 deposits. The Wiluna and Matilda gold deposits are located within the Wiluna Goldfield, close to the town of Wiluna at latitude 26?38'S, longitude 120?15'E on the Wiluna (SG 51-9) 1:250 000 scale map. Perth, the nearest capital city, lies 750km to the southwest. The database used in the current estimate includes records for 9,620 drill holes for 48,000 drill metres. A total of 7 unique hole type records exist with completion dates ranging from 1985 to present. This includes records for 86 Diamond holes, 3,829 RC holes and 5,266 RAB holes. All RAB, AC, AUG, and erroneous holes were excluded from the estimate. Drilling has been completed at Matilda since the early 1980's. WMC has completed drilling since 2012 using surface RC drilling and diamond drilling.