Zinc of Ireland NL update shareholders with respect to its exploration activities in Ireland and the Earaheedy Basin, WA. Rapla, Ireland The Company's maiden drilling campaign at Rapla, has added a second diamond drill rig. The current drilling (two holes in progress) is targeting a `walk-up' drill target that appears to exhibit a variety of similar geological characteristics (in terms of areal extent, host lithologies, mineralisation style and structural architecture) to the famous, and neighbouring, Lisheen Mine.

RDD001 is approaching its target and RDD002 is on course to enter its target zone shortly after RDD001 Rapla is a typical "Irish Type" (e.g. Lisheen & Galmoy) target, where the Company expects the potential for higher-grade mineralisation of greater thickness to increase approaching the feeder structure/fault. At Rapla, the closest historical drill hole, which is located ~600m away from the potential feeder fault hit high grade mineralisation. All other proximal holes contained sulphide mineralisation, which the Company has evaluated as an exceptional precursor to successfully targeting an economic accumulation of sulphides in proximity to the potential feeder.

The Company notes that the Lisheen main zone orebody was approximately 600m long and 1200m wide before being mined out, which is similar in length to the target zone at Rapla. Drill core from the initial three holes will be processed and sent for analysis immediately after drilling. The Phase Two reconnaissance program, which is currently underway, is designed to collect soil samples within an area targeting: Previously unsampled areas from the Phase One program; Phase One results (as previously reported by the Company in April 2022); Current known geology and structural targets; and Existing geochemical data previously collected by the Western Australian.

The current soil program is designed to identify the unconformity running northwest through the project and to test, using portable XRFs (pXRF), for anomalous elements. It is expected that a suite of samples based on the pXRF readings will be submitted for conventional soil assay ICP analyses at an accredited laboratory. The current Phase Two program fieldwork is expected to provide the Company with complete pXRF coverage of the Frere-Yelma unconformity for the first time ever.

It is also expected to refine the known extent of the current Zn-in-soil anomalism which remains open to the northwest.