Wiluna Mining Corporation Limited provided update on the operations at the Wiluna Mining Centre. Wiluna Mining controls 100% of the Wiluna Mining Operation. The Wiluna Mining Operation is located at the northern end of the Western Australian Goldfields, approximately 530 km north of Kalgoorlie and 900km northeast (one and a half hours by direct flight) of Perth.

The Wiluna Mining Operation has a Mineral Resource of 5.5 million ounces, which makes it one of the largest gold districts in Australia under single ownership. The Wiluna Mining Operation is currently in development to transform Wiluna from a modest, cashflow positive producer of free milling ore via a conventional CIP plant to a multi circuit operation producing circa 110-120kozpa once commercial production is reached. On completion, the development plan will enable Wiluna to treat all the ore types at Wiluna through four processes Including: · Existing 2.1Mtpa CIP process plant; 750,000tpa flotation concentrator which is now complete, following successful commissioning in December 2021; Gravity circuit which produces gold doré; and Tailings retreatment plant (WilTails) which will link tailings reclaim and reslurrying (as well as flotation tailings) with the existing CIP circuit to produce gold doré.

Grade control drilling has returned further thick, high-grade intercepts supporting geological interpretation and the short-term production profile as part of the ramp-up in sulphides concentrate production. Grade control results have demonstrated further high-grade sulphides in areas immediately ahead in the mine schedule, with extensions to mineralisation also defined: BUGC0090: 2.40m @ 57.06g/t; BUGC0121A: 5.00m @ 16.38g/t; BUGC0130: 10.85m @ 14.57g/t; BUGC0128: 6.35m @ 12.62g/t; BUGC0091: 4.30m @ 11.97g/t; BUGC0054: 5.30m @ 5.52g/t; BUGC0065: 3.45m @ 9.69g/t and 4.75m @ 6.67g/t.