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October 21, 2025

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China accuses US of yearslong cyberattack on national time service

China’s spy agency accused the U.S. National Security Agency (NSA) of hacking its national time service, alleging a yearslong cyberespionage campaign that targeted the system keeping official Beijing Time — a backbone for China’s telecommunications, finance and defense sectors.

The Ministry of State Security claimed the NSA began the operation in 2022 by exploiting a text-messaging vulnerability to gain control of employee cell phones at the National Time Service Center, then used stolen credentials to access servers and implant covert tools. The alleged breach, if true, could have allowed attackers to tamper with national timekeeping — a move that experts say could disrupt communications, banking and satellite navigation across China.

The NSA said in a statement it ‘does not confirm nor deny allegations in the media regarding its operations. Our core focus is countering foreign malign activities persistently targeting American interests, and we will continue to defend against adversaries wishing to threaten us.’

Chinese Investigators allege the hackers deployed 42 ‘specialized cyberattack weapons’ to implant sabotage capabilities.

The attackers allegedly forged digital certificates, bypassed antivirus software and used strong encryption to erase traces to conceal activity. Tampering with the National Time Service could disrupt financial transactions, communications and satellite timing.

China’s national security agency said it countered the operation by cutting off the attack chain and upgrading defenses.

The Beijing statement claimed that in recent years, the U.S. has pursued ‘cyber hegemony,’ launching hacking operations against China and across the globe.

But for years, U.S. officials have said the nation needs to take a more offensive approach to cyber espionage, given China’s frequent intrusions into U.S. systems.

In a media statement, the U.S. embassy in Beijing said China ‘is the most active and persistent cyber threat to U.S. government, private-sector and critical infrastructure networks.’

The latest claim fits into years of mutual accusations of state-sponsored cyber activity between the world’s two largest powers. Beijing has frequently accused the U.S. of hacking Chinese systems, while American intelligence and private cybersecurity firms have repeatedly attributed massive data-theft campaigns – from the Microsoft Sharepoint breach to Operation Salt Typhoon – to Chinese state-linked groups.

In April, Chinese authorities accused the NSA of launching attacks against networks linked to the Asian Winter Games held in February.

This post appeared first on FOX NEWS

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Hillary Clinton fires up voters against Trump’s White House ballroom construction: ‘Not his house”

Former Secretary of State Hillary Clinton made it known she is no fan of President Donald Trump’s project to construct a ballroom at the White House in an appeal to voters that 1600 Pennsylvania Ave is their ‘house.’

‘It’s not his house. It’s your house. And he’s destroying it,’ Clinton wrote on X on Tuesday morning. 

The social media post included a screenshot of The Washington Post’s report, ‘White House begins demolishing East Wing Facade to build Trump’s ballroom,’ accompanied by a photo of a demolition crew. 

‘President Trump is working 24/7 to Make America Great Again, including his historic beautification of the White House, at no taxpayer expense. These long-needed upgrades will benefit generations of future presidents and American visitors to the People’s House,’ White House spokesman Davis Ingle told Fox Digital when asked about Clinton’s post and other Democrats criticizing the ballroom construction. 

Trump announced on Monday that construction had begun on the ballroom, following months of the president floating the planned project to modernize the White House. The project does not cost taxpayers and is privately funded, the White House reported. 

‘I am pleased to announce that ground has been broken on the White House grounds to build the new, big, beautiful White House Ballroom,’ Trump said on Truth Social. ‘Completely separate from the White House itself, the East Wing is being fully modernized as part of this process, and will be more beautiful than ever when it is complete!

‘For more than 150 years, every President has dreamt about having a Ballroom at the White House to accommodate people for grand parties, State Visits, etc. I am honored to be the first President to finally get this much-needed project underway — with zero cost to the American Taxpayer!’ he continued. ‘The White House Ballroom is being privately funded by many generous Patriots, Great American Companies, and, yours truly. This Ballroom will be happily used for Generations to come!’

The privately-funded project will cost an estimated $200 million, White House press secretary Karoline Leavitt told the media in July. The 90,000-square-foot ballroom will accommodate approximately 650 seated guests, according to the White House. 

‘The White House is currently unable to host major functions honoring world leaders in other countries without having to install a large and unsightly tent approximately 100 yards away from the main building’s entrance,’ Leavitt said back in July, adding the new ballroom will be ‘a much needed and exquisite addition.’

Other Democrats have also slammed the construction project, including New Jersey Sen. Andy Kim calling it ‘disgusting.’

‘I wanted to share this photo of my family standing by a historic part of the White House that was just torn down today by Trump. We didn’t need a billionaire-funded ballroom to celebrate America. Disgusting what Trump is doing,’ Kim posted to X on Monday. 

‘Oh you’re trying to say the cost of living is skyrocketing? Donald Trump can’t hear you over the sound of bulldozers demolishing a wing of the White House to build a new grand ballroom,’ Massachusetts Sen. Elizabeth Warren posted to X on Monday. 

‘Republican math. Can afford: Trump ballroom, $40 Billion Argentina bailout, massive tax cuts for millionaires and billionaires Can’t afford: health care for Americans, SNAP for struggling Americans, tax relief for middle class families,’ Pennsylvania state Rep. Malcolm Kenyatta posted to X. 

The ballroom construction follows Trump installing two massive 88-foot-tall American flags on either side of the White House this summer in a patriotic endeavor that did not cost U.S. taxpayers a cent, as well as an overhaul to the White House Rose Garden. 

Fox News Digital’s Greg Wehner contributed to this article. 

This post appeared first on FOX NEWS

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What’s really in your food? New campaign pushes for national ingredient transparency

A new conservative group working to untangle state laws concerning food and personal care ingredients by setting a national standard for ingredient transparency officially launched Tuesday, Fox News Digital learned. 

‘It is a simple concept to understand — Americans want to know that the ingredients in the products they’re buying for their families are safe,’ Americans for Ingredient Transparency leader and senior advisor Andy Koenig said in a statement to Fox News Digital. ‘This should not be a difficult standard to meet.’ 

‘Unfortunately, states are now implementing their own patchwork of contradictory ingredient rules that have caused widespread confusion among consumers,’ Koenig continued. ‘President Trump and his Administration are well-suited to make these determinations. Our goal is to cut through confusion and ensure everyone has access to clear information. Consumers want to know exactly what they are putting in and on their bodies. That is what we are working to achieve.’ 

Americans for Ingredient Transparency is a 501(c)(4) nonprofit comprised of ‘concerned Americans, policy experts, farmers, and business leaders’ who are advocating that the U.S. government establish a national standard for ingredients to apply ‘consistent, science- and risk-based principles to give Americans everywhere confidence in the safety of food, beverage and personal care products,’ Fox News Digital learned. 

The group argued that states have made well-intended efforts to enact transparency laws as they relate to ingredients in food and household products, but that the moves have created confusion with an ‘ever-expanding patchwork of disjointed food, beverage, and personal care regulations.’

Americans for Ingredient Transparency specifically aims to work with Congress and the Trump administration to incorporate Generally Recognized as Safe (GRAS) reform, front-of-package labeling reform, and QR code reform into federal law.

GRAS reform would establish a ‘nationally uniform regulatory approach for new ingredients used in food and beverage products,’ according to the coalition’s website. The front-of-package labeling reform would guide consumers to healthier choices, while the QR code reform would provide consumers with a scannable code on products to review product information, according to the group’s website. 

Julie Gunlock, a conservative policy advocate focused on nutrition and parenting, leads Americans for Ingredient Transparency with Koenig. She said in comment to Fox News Digital that the push for a national ingredient transparency standard is one rooted in protecting families and children. 

‘As an American, but most importantly a mom, I know firsthand how important it is to trust the products we consume and bring into our homes,’ Gunlock said. ‘Families deserve commonsense and science-backed transparency they can rely on. That’s why a national standard for food safety and labeling is of the utmost importance to ensure every parent can make safe, informed choices for their children – because protecting our families starts with the truth.’

Americans for Ingredient Transparency is backed by a handful of food and consumer groups, Fox Digital learned, including the Consumer Brands Association, American Beverage Association, Corn Refiners Association, and FMI- The Food Industry Association.

‘Every American deserves to know what’s in their food, beverages, and personal care items – and that they’re safe no matter where they live,’ an ad for the group released Tuesday states. ‘It’s time to fix the patchwork. It’s time to pass a national uniform standard.’

The announcement comes as the Trump administration and Health and Human Services Secretary Robert F. Kennedy Jr. continues its mission to ‘Make America Healthy Again.’ Kennedy has already addressed potential GRAS reforms, calling on the FDA in March to ‘explore potential rulemaking to revise its Substances Generally Recognized as Safe (GRAS) Final Rule and related guidance to eliminate the self-affirmed GRAS pathway.’

‘For far too long, ingredient manufacturers and sponsors have exploited a loophole that has allowed new ingredients and chemicals, often with unknown safety data, to be introduced into the U.S. food supply without notification to the FDA or the public,’ Kennedy said in March. ‘Eliminating this loophole will provide transparency to consumers, help get our nation’s food supply back on track by ensuring that ingredients being introduced into foods are safe, and ultimately Make America Healthy Again.’  

This post appeared first on FOX NEWS

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Republicans push to renew Obamacare subsidies while rejecting Democrats’ shutdown tie-in

A group of House Republicans is calling on Speaker Mike Johnson, R-La., to deal with expiring Obamacare subsidies immediately after the government shutdown ends.

Thirteen House GOP lawmakers, led by Reps. Jeff Van Drew, R-N.J., and Jen Kiggans, R-Va., are sending a letter to Johnson on Tuesday thanking him for his leadership during the shutdown but maintaining that Obamacare must also be dealt with before the end of the year.

Obamacare, formally called the Affordable Care Act (ACA), has emerged as one of the main flash points in the ongoing fiscal standoff between Republicans and Democrats.

‘Every day the shutdown continues to hurt the very people we were elected to serve, including the men and women of our Armed Forces, the federal law enforcement officers who keep our communities safe, the agents who defend our nation’s borders, and the public servants who provide essential services to veterans, seniors and families,’ the Republicans wrote.

‘We also firmly believe that the government funding debate is not the time or place to address healthcare issues. Using the shutdown as leverage to force that debate only prolongs the harm and distracts from the immediate task of reopening the government. Once the government is reopened, however, we should immediately turn our focus to the growing crisis of healthcare affordability and the looming expiration of the enhanced Affordable Care Act (ACA) premium tax credits.’

Obamacare subsidies were enhanced under the Biden administration in 2021 during the COVID-19 pandemic in a bid to make healthcare more available to a wider swath of Americans. Democrats voted to extend those subsidies through 2025 in 2022 via the Inflation Reduction Act.

Democrats are now pushing to extend those subsidies now, using the ongoing government shutdown as leverage to force Republicans to deal with the issue.

Both House and Senate GOP leaders have signaled they are willing to discuss the expiring healthcare subsidies but rejected pairing them with their bill to fund the government — a short-term extension of fiscal year (FY) 2025 federal spending levels called a continuing resolution (CR).

But extending the Obamacare subsidies is expected to generate its own debates among Republicans. Conservatives like the House Freedom Caucus and their allies are skeptical of the move, arguing the enhanced healthcare credits were responsible for sending medical prices skyrocketing.

But the 13 Republicans who signed the letter maintain, ‘Millions of Americans are facing drastic premium increases due to short-sighted Democratic policymaking. While we did not create this crisis, we now have both the responsibility and the opportunity to address it.’

‘Allowing these tax credits to lapse without a clear path forward would risk real harm to those we represent. Nevertheless, we must chart a conservative path that protects working families in our districts across the country who rely on these credits,’ they wrote.

The lawmakers agreed with GOP leaders that reforms are needed to the system ‘to make these credits more fiscally responsible and ensure they are going to the Americans who need them most,’ but added, ‘Our Conference and President Trump have been clear that we will not take healthcare away from families who depend on it. This is our opportunity to demonstrate that commitment through action.’

House Freedom Caucus Chair Andy Harris, R-Md., ruled out accepting a straightforward extension of the Obamacare subsidies in comments to reporters on Monday.

‘You want a clean vote on a program that potentially is $400 billion, and you want to do it without any debate, any negotiation? That’s just insanity,’ Harris said.

Asked by Fox News Digital if he sees any pathway to compromise, he said, ‘It all depends on what the package is, how is it paid for, what other healthcare reforms are in it?’

‘But that’s stuff that you’re not going to negotiate in hours. It’s going to take weeks to negotiate,’ Harris said.

It’s also not immediately clear when the shutdown will end — while the House passed its CR on Sept. 19, Senate Democrats have sunk the bill in the upper chamber 11 times as of Monday.

This post appeared first on FOX NEWS

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Blackburn says Trump support was ‘common thread’ among lawmakers reportedly targeted by Jack Smith

Sen. Marsha Blackburn, R-Tenn., was one of nearly a dozen Senate Republicans allegedly probed by former Special Counsel Jack Smith, an investigation she wasn’t aware of until earlier this month.

She was one of several Senate Republicans that Smith allegedly surveilled as part of his investigation into the Jan. 6, 2021, Capitol riots. But it was only revealed earlier this month by the FBI — thanks to an oversight request by Senate Judiciary Chair Chuck Grassley, R-Iowa — that Smith allegedly requested phone records on her and others.

Blackburn told Fox News Digital in an exclusive interview that until the documents from Smith’s ‘Arctic Frost’ investigation were revealed, she had no idea that her phone records were being surveilled.

She believed the ‘common thread’ behind the former special counsel’s probe, which was carried out in 2023, was because ‘the eight of us are all Republicans. We all support President Trump.’

Blackburn and Sens. Lindsey Graham, R-S.C., Ron Johnson, R-Wis., Josh Hawley, R-Mo., Cynthia Lummis, R-Wyo., Bill Hagerty, R-Wyo., Dan Sullivan, R-Alaska, Tommy Tuberville, R-Ala., and Rep. Mike Kelly, R-Pa., were all reportedly part of Smith’s investigation.  

In response, Blackburn and many of the others that were allegedly surveilled by Smith want to see him disbarred.

‘This is about making certain we have one tier of justice, and that we stop this two tiers of justice,’ Blackburn said. ‘And if they can do this to eight sitting U.S. senators, what could they possibly — I mean, think about how, what they must be doing to conservatives in this country.’

Last week, she and Graham, Tuberville, Sullivan and Kelly sent a letter to Attorney General Pam Bondi demanding an investigation into Smith, and that he be referred to the Department of Justice’s (DOJ) Office of Professional Responsibility.  

The end goal of the investigation is to see Smith disbarred from both New York and Tennessee, two states where he holds a license to practice law. Blackburn argued that Smith’s alleged spying on her and others was a ‘First Amendment and Fourth Amendment violation.’

Her latest push against the former special counsel came on the heels of another letter sent to AT&T, T-Mobile and Verizon demanding why the cellphone carriers allegedly allowed Smith and the FBI under the Biden administration to track their communications.

‘You would have thought that, because of the Stored Records Act and the First Amendment, the Fourth Amendment and the Speech and Debate Clause, that at least Verizon, who’s my wireless carrier, would have informed me that there was a request on my records,’ she said. 

‘But of course, there was nothing given to us, and it’s the reason that we sent the letter to Verizon and then followed it with a letter … to the DOJ on Jack Smith,’ she continued.

Smith is one of a handful of former officials that have been targeted by the DOJ under the Trump administration. He is currently under investigation by the Office of Special Counsel for alleged Hatch Act violations, which bars government employees from participating in political activities.

Then there are federal indictments against former FBI Director James Comey for allegedly making false statements and obstructing justice, and former National Security Advisor John Bolton for allegedly mishandling classified documents.

Blackburn was one of many Republicans that railed against so-called political witch hunts against President Donald Trump when he was out of office. When asked what the difference between the indictments against Trump and his allies compared to the latest crop of former officials, she said it was about accountability.

‘These need to be investigated so that this kind of stuff stops,’ Blackburn said. ‘And one of the differences, I think you see between Democrats and Republicans, is Democrats repeatedly circle the wagons, and they push things under the rug, and then they want two tiers of justice. And with Republicans, the focus is on accountability and transparency, and I think that is a major, major difference.’

This post appeared first on FOX NEWS

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Silver Hammer Enters into Option Agreement to Acquire 100% Interest in a Strategic and Prospective Silver Project in the Silver Valley of Idaho

Silver Hammer Mining Corp. (CSE: HAMR) (the ‘Company‘ or ‘Silver Hammer‘) is pleased to announce it has entered into an option agreement (the ‘Option Agreement‘) on October 20, 2025 with Fahey Group Mines, Inc. (‘Fahey‘), pursuant to which the Company has been granted the right (the ‘Option‘) to acquire a 100% legal and beneficial interest in the Fahey Group Property (the ‘Property‘).

All currency references are in Canadian dollars unless otherwise stated.

Key Highlights of the Fahey Property:

  • The Fahey Property consists of 360 acres, covered by 18, unpatented US lode claims, situated directly in the strategic center of the Silver Belt portion of the Coeur d’ Alene Mining District, one of the top known producing silver regions in the world where the Idaho State University (2006) estimated 1.18 billion ounces of silver has been produced.
  • The Fahey Property is the last property within the Silver Belt that has remained largely unexplored despite its strategic prime location and has been one of the desired properties to be acquired and explored for many years.
  • The Fahey Property has been owned by same family for over 60 years, and this will represent for the first time the Property has been available for exploration with modern exploration.
  • The Fahey Property is ideally situated between two of the well-known silver mines in North America: the currently operating Galena Mine and the historic Sunshine Mine.
  • The Fahey Property occupies a strategic position between property owned by ‘Sunshine Silver Mining and Refining’ and ‘Americas Gold and Silver’.
  • The Fahey Property is underlain by the same favorable Revett Formation quartzite.
  • The Americas Silver and Gold land position borders the Fahey Property to the East, which includes the operating Galena Mine and has produced million ounces of silver, along with the Coeur Mine and the Mineral Point Mine.
  • More than 20 veins have been identified within the Fahey Property, which is more than the number of veins in either the Bunker Hill Mine (the largest mine in the district) or the Sunshine mine, with the greatest silver production in the Coeur d’Alene mining district.

‘The Company is extremely pleased to be able to secure such a strategic land holding surrounded by senior silver producers and explorers in one of the most sought-after locations in the Silver Valley. We are grateful to the Fahey Group to have confidence in our experienced exploration team,’ commented Peter A. Ball, President & CEO. ‘It is not often a junior is able to have the opportunity to acquire such an exciting silver project that has remained relatively underexplored and more notably surrounded by close to one billion ounces of silver that have been discovered, developed and mined over the past 100 years. Our technical team looks forward to bringing modern exploration to such an interesting and highly prospective silver project. We are pleased with the terms of the acquisition, allowing Silver Hammer to focus our hard dollars into the ground to make a potential discovery for our shareholders and the Fahey Group.’

Transaction Overview:

Under the terms of the Option Agreement, the Company may earn a 100% interest in the Property, free and clear of all encumbrances other than a retained royalty, by paying Fahey US$50,000 in cash and issuing C$450,000 worth of common shares of the Company (‘Consideration Shares‘), to be satisfied as follows: US$25,000 in cash within three (3) business days of the effective date of the Option Agreement; US$25,000 in cash on or before June 30, 2026; C$50,000 in Consideration Shares on or before December 31, 2026; C$75,000 in Consideration Shares on or before December 31, 2027; C$75,000 in Consideration Shares on or before December 31, 2028; C$125,000 in Consideration Shares on or before December 31, 2029; and C$125,000 in Consideration Shares on or before December 31, 2030.

In addition, the Company must incur an aggregate of at least C$1,500,000 in exploration expenditures on the Property, consisting of a minimum of C$200,000 on or before December 31, 2027 and a further C$1,300,000 on or before December 31, 2030, with any excess expenditures from earlier periods credited toward later commitments.

The Company may extend the deadline for the final share payment due December 31, 2030, as well as the exploration expenditure deadline of December 31, 2030, by one (1) year through the issuance of C$50,000 worth of Consideration Shares. The Company may also accelerate any cash payments, share issuances, or exploration expenditures at its sole discretion without penalty.

All Consideration Shares issued under the Option Agreement will be priced at the volume-weighted average trading price of the Company’s shares on the Canadian Securities Exchange (the ‘CSE‘) for the twenty (20) trading days prior to issuance, subject to the CSE’s minimum pricing requirements. If the deemed price is less than C$0.05 or otherwise not permitted under CSE policies and results in the aggregate value of the Consideration Shares issued being less than the stated dollar amount of the applicable installment, the Company will pay the shortfall to Fahey in cash (converted to equivalent value in US$) within sixty (60) days of the applicable issuance date. The Company will also have the option to make any payments in cash (converted to equivalent value in US$) in lieu of issuing Consideration Shares.

Upon exercise of the Option, the Company will grant Fahey a 2.0% net smelter returns royalty (the ‘Royalty‘) on the Property, which may be reduced by 0.5% (to 1.5%) upon payment of US$1,000,000 to Fahey.

Following exercise of the Option, upon the commencement of commercial production at the Property, the Company will also make a milestone payment of US$1,500,000 to Fahey, payable in cash, shares, or any combination thereof, at the Company’s discretion, within thirty (30) days of achieving commercial production.

Completion of the transaction remains subject to receipt of all required corporate and regulatory approvals, including the approval of the CSE. The transaction is an arm’s length transaction and will not result in any changes to the Company’s board or management. No finder’s fees will be paid in connection with the transaction.

All securities issued pursuant to the transaction will be subject to a statutory hold period of four months in accordance with applicable securities laws.

Fahey Project Overview and Location Map:

The 18 unpatented claims of the Fahey Property are located in the heart of the Silver Belt sector of the Coeur d’Alene mining district (Fig. 1). The Coeur d’Alene district is one of the premier silver-producing mining districts in the world. The Silver Belt accounts for just over half of the silver produced in the district, and there is no meaningful production recorded and very limited exploration on the Fahey Property.

Figure 1. Location map of the principal mines in the Coeur d’Alene district. The location of the Fahey property marked by the red ellipse and the Silver Belt by the green ellipse.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9597/271122_16465b10f4656908_001full.jpg

Readers are cautioned that the Company has not independently verified the information in respect of properties adjacent to the Fahey Property and the mineralization on adjacent properties may not be indicative of the mineralization on the Fahey Property.

The scientific and technical information in this news release has been reviewed and approved by Damir Cukor, P.Geo., the Company’s Technical Director – Projects and a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Silver Hammer Mining Corp.

Silver Hammer Mining Corp. is a junior resource company focused on advancing past-producing high-grade silver projects in the United States. Silver Hammer controls 100% of seven previously producing silver mines which are located within the Silver Strand Project in the Coeur d’Alene Mining District in Idaho, USA, and within the Eliza Silver Project and the Silverton Silver Mine in Nevada. The Company also controls the Lacy Gold Project in British Columbia, Canada. Silver Hammer’s primary focus is to explore, define and develop silver projects near past-producing mines that have not been adequately tested. The Company’s portfolio also provides exposure to copper and gold.

On Behalf of the Board of Silver Hammer Mining Corp.

Peter A. Ball
President & CEO, Director
E: peter@silverhammermining.com

For investor relations inquiries, contact:

Peter A. Ball
President & CEO
778.344.4653
E: investors@silverhammermining.com

Forward-Looking Information

This press release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation. Forward-looking information in this press release includes, without limitation, statements relating to the Offering, the intended use of proceeds from the Offering, and other statements which are subject to a number of conditions, as described elsewhere in this news release. These statements are based upon assumptions that are subject to significant risks and uncertainties, including risks regarding the mining industry, commodity prices, market conditions, general economic factors, management’s ability to manage and to operate the business, and explore and develop the projects of the Company, and the equity markets generally. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance of the Company may differ materially from those anticipated and indicated by these forward-looking statements. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Company believes that the expectations reflected in forward looking statements are reasonable, they can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, the Company disclaims any intention and assume no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has neither approved nor disapproved the contents of this press release.

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Nextech3D.ai Launches Blockchain Ticketing on the Ethereum Network With Coinbase and MetaMask Integration

Nextech3D.ai (CSE:NTAR)(OTCQX:NEXCF)(FSE:1SS), an AI-first technology company specializing in event management, 3D modeling, and spatial computing, is pleased to announce the launch of its Blockchain Ticketing Platform powered by Ethereum, with support for Coinbase Wallet and MetaMask.

This launch accelerates the Company’s previously announced two-track blockchain strategy, which included:

  • Phase 1: a custodial wallet solution targeted for Q4 2025; and
  • Phase 2: a self-custody personal wallet option originally planned for early 2026.

Thanks to Nextechs3d.ai recent acquisition of Eventdex which had already developed a personal wallet architecture, the Company is now launching the personal wallet first, ahead of schedule. This milestone strengthens Nextech3D.ai’s position as a leader in AI-driven and blockchain-secured event technology.

Secure, Decentralized Ticketing on Ethereum

The new blockchain ticketing platform enables event organizers and attendees to issue, store, and verify tickets as Ethereum-based tokens, seamlessly connected to Coinbase and MetaMask wallets. These blockchain-integrated tickets are:

  • Fraud-Resistant: Immutable, traceable smart contracts eliminate duplication and counterfeit risks.
  • Programmable: Organizers can embed VIP access, sponsor perks, or resale royalties directly into each ticket.
  • Interoperable: Works across Ethereum-based wallets and decentralized applications.

‘This launch marks a major leap forward in the event industry,’ said Evan Gappelberg, CEO of Nextech3D.ai. ‘By combining blockchain security, wallet interoperability, and AI-driven event automation, we’re creating a frictionless ecosystem for organizers, exhibitors, and attendees. It’s not just about ticketing-it’s about trust, transparency, and value.’

Beyond Ticketing: Blockchain Accreditation

While blockchain ticketing is the first application, Nextech3D.ai sees enormous potential to extend this technology into blockchain-based accreditation and credentialing-particularly for the Company’s continuing education clients in healthcare, higher education, and professional certification.

Using the same Ethereum infrastructure, Nextech3D.ai will enable event and education customers to issue verifiable, on-chain certificates that prove attendance, accreditation, and achievement-all easily stored and shared through blockchain wallets like Coinbase and MetaMask.

‘Our education and healthcare partners are already using our platforms to manage continuing education and compliance programs,’ added Gappelberg. ‘With blockchain accreditation, we’re turning those records into verifiable digital assets-giving institutions and participants a secure, permanent record of professional growth.’

AI + Blockchain: The Future of Event and Education Technology

Nextech3D.ai’s AI Event Suite now includes:

  • AI Matchmaking: Intelligent, data-driven networking to connect attendees and exhibitors.
  • AI Event Assistant: A real-time, multilingual event concierge available 24/7.
  • Blockchain Ticketing: Decentralized ticketing and accreditation on Ethereum with Coinbase and MetaMask wallet support.

This integrated approach positions Nextech3D.ai to lead the convergence of AI, blockchain, and automation in global event and education markets, a sector representing multi-billion-dollar opportunities.

The company has entered into agreements (the ‘Agreements‘) with certain service providers of the Company pursuant to which the Company proposes to issue an aggregate of 3,688,218 common shares at a deemed price of Cdn$ 0.19 per share in consideration of past services and satisfaction of outstanding indebtedness

The share issuances remain subject to the approval of the Canadian Securities Exchange.

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the ‘1933 Act‘) or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

About Nextech3D.ai

Nextech3D.ai (OTCQX: NEXCF | CSE: NTAR | FSE: 1SS) is an AI-first technology company developing advanced solutions for event management, 3D modeling, and spatial computing. Through its flagship Map D and Eventdex platforms, Nextech3D.ai powers thousands of events annually with interactive floor mapping, registration, ticketing, mobile apps, AI matchmaking, and now, blockchain ticketing and accreditation.

For further information, please visit: www.Nextech3D.ai.

Investor Relations: investors@nextechar.com

Sign up for Investor News and Info – Click Here

Evan Gappelberg / CEO and Director
866-ARITIZE (274-8493)

Forward-looking Statements The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Certain information contained herein may constitute ‘forward-looking information’ under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, ‘will be’ or variations of such words and phrases or statements that certain actions, events or results ‘will’ occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Nextech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws

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Angkor Resources Advances Drilling Plans On Block VIII Oil & Gas License, Cambodia

(TheNewswire)

GRANDE PRAIRIE, ALBERTA – October 21, 2025 TheNewswire – Angkor Resources Corp. (TSXV: ANK,OTC:ANKOF) (‘ANGKOR’ OR ‘THE COMPANY’) announces management’s intent for exploratory oil and gas drilling on Block VIII, Cambodia.

Angkor’s subsidiary EnerCam Resources Co. Cambodia Ltd. (‘EnerCam’) completed approximately 350-line kilometres of 2-D seismic across Block VIII in southwest Cambodia at the end of September 2025.  These seismic lines are being processed and interpreted in batches and both the South Bokor and Central Bokor sections have identified at least three significant closed anticlines, one in South Bokor and two in Central Bokor  the northern one being probably larger than currently imaged due to a lack of extra seismic line data in that area of the sub-basin.

CEO Delayne Weeks comments on the findings to date, ‘Although we await results from additional seismic lines, we are confident and very motivated with the interpretations of the data to date. Angkor Resources IDENTIFIES SECOND DRILL TARGET FOR OIL & GAS ON ITS BLOCK VIII, CAMBODIA | Angkor Resources Corp. Even with only half the interpretation of the seismic lines in hand, based on those results, we confirm that EnerCam is committed to drilling multiple exploratory wells in 2026.  These structures are of a quality and size that need to be tested and drilling is the only way to prove up Cambodia’s first onshore oil and gas resource.’

Dr. David Johnson, technical advisor to EnerCam, comments: ‘ Angkor’s decision to pursue drilling of both the South Bokor and Central Bokor structurally closed leads is extremely exciting and well founded. It is rare to find anticlines with four-way closures of over 48 square kilometres and 60 square kilometres respectively in a large sedimentary basin with indications of a working hydrocarbon system, and which have not yet been drilled. The anticlines present themselves clearly and are unmistakable in both the seismic line data and also in the surrounding surface geology.

The indications of a working hydrocarbon system are evident in the multiple legacy and newly discovered surface live oil seeps located within each of these sub-basins, and in adjacent basin areas. ‘

Dave Johnson continues his assessment, ‘ While seismic processing and interpretation is not yet complete, a potential thick ribbon-like top seal presents itself in multiple sections as a thick layer with clear, continuous, conformable reflectors (see Figure 3), consistent with mudstone and lower energy depositional environments.

An underlying potential reservoir-bearing section presents itself as a thick succession of semi-continuous higher amplitude reflectors with a cross-cutting habit, consistent with higher energy siliciclastic environments, or some carbonate facies development perhaps.  It is currently impossible to know for sure what these seismic facies represent in terms of sealing integrity, or both reservoir presence and quality, without drilling an exploratory wellbore to sufficient depth.

It is however, possible to estimate that the rock volume of a single ‘1 metre thickness reservoir zone’ under proven 4-way closure as 48 million and 60 million cubic metres respectively. There are indications of what geophysicists refer to as Direct Hydrocarbon Indicators (DHIs), and there is the potential for there being multiple layers of reservoir strata, satisfying the first essential requirement for the presence of significant hydrocarbon accumulation in place beneath the closed sealing formation cap layer.

Work is ongoing to better understand the potential hydrocarbon system and to reduce the risks associated with reservoir quality, seal integrity and source quality.  But only the drill bit will prove the true potential of these prospects.’

Management advances its activities, including sourcing a suitable oil and gas drilling rig and all the appropriate supporting equipment and ancillary services to bring into Cambodia to complete what will be the first onshore wells drilled in the nation.  Concurrently, the team is also working on efforts to improve the signal to noise data over each processed line as it becomes available to develop a stronger and broader picture of the potential in Block VIII.


Click Image To View Full Size

Figure 1 Typical ‘Triple’ Drilling Rig not yet closed in for winter conditions in open Prairie setting.


Click Image To View Full Size

Figure 2:-  Interpretation of our two anticlinal structures to date, South Bokor and Central Bokor (A double anticlinal dome), sitting on the west side of Bokor Mountain Park.  The structures are 4-way closed anticlinal domes, and each dome shows significant geographical size beneath a regionally consistent, thick, seismically defined, sealing mudstone layer.


Click Image To View Full Size

Figure 3:-  A West to East Seismic line through the South Bokor Structure displaying general seismic stratigraphy across this sub basin.

ABOUT Angkor Resources CORPORATION:

Angkor Resources Corp. is a public company, listed on the TSX-Venture Exchange, and is a leading resource optimizer in Cambodia working towards mineral and energy solutions across Canada and Cambodia.   Since 2022, Angkor’s Canadian subsidiary, EnerCam Exploration Ltd., has been involved in gas/carbon capture and oil and gas production in Saskatchewan, Canada.  ANGKOR’s carbon capture and gas conservation project is part of its long-term commitment to Environmental and Social projects and cleaner energy solutions across jurisdictions.

The company’s mineral subsidiary, Angkor Gold Corp. in Cambodia holds two mineral exploration licenses in Cambodia with multiple prospects in copper and gold.

Its Cambodian energy subsidiary, EnerCam Resources, was granted an onshore oil and gas license of 7300 square kilometres in the southwest quadrant of Cambodia called Block VIII.   The company then removed all parks and protected areas and added 220 square kilometres, making the just over 4270 square kilometres.  EnerCam is actively advancing oil and gas exploration onshore in Cambodia to meet its mission of discovering and proving Cambodia as an oil & gas producer.

CONTACT: Delayne Weeks – CEO

Email:- info@angkorresources.com Website: angkor resources.com Telephone: +1 (780) 831-8722

Please follow @AngkorResources on , , , Instagram and .

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

_____________________________________

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to the potential for gold and/or other minerals at any of the Company’s properties, the prospective nature of any claims comprising the Company’s property interests, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, uncertainty of sample results, timing and results o f future exploration, and the availability of financing.

Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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New VMS Licence Award at Rulikha Deposit

East Star Resources Plc (LSE:EST), which is exploring for copper and gold in Kazakhstan, is pleased to announce it has been awarded a new exploration licence – 3631-EL (the ‘Licence’), encompassing the remaining part of the induced-polarisation (IP) anomaly north of the Rulikha Deposit.

With the entire IP anomaly at Rulikha now under 100% ownership by East Star, execution of the next phase of exploration can begin. Additional historical drilling within the newly awarded Licence has also been included in East Star’s ongoing assessment of both the Rulikha Deposit and its geological interpretation of the Rulikha IP anomaly. Some highlighted intersections from the historic drilling are below.

Highlights of Historical Intersections Within New Licence:

  • 11.4m @ 9.8% Zn, 3.1% Cu and 1.1% Pb from 196.6m
  • 6.9m @ 17.6% Zn, 1.0% Cu and 3.3% Pb from 237.4m
  • 11.2m @ 5.5% Zn, 0.32% Cu and 1.2% Pb from 236.0m
  • 8.7m @ 5.4% Zn, 0.3% Cu and 0.3% Pb from 256.2m

180 historical drill holes are currently being modelled to provide an Exploration Target and assess the Reasonable Prospects for Economic Extraction (RPEE).

Alex Walker, East Star CEO, commented:

‘East Star is expanding its VMS opportunities through this additional highly prospective exploration licence, adding a second soviet-era deposit to our East Region assets. Although permitting is expected to be more arduous due to proximity to a settlement, at less than 2km from an existing rail line and 11km from an underfed mill, we are eager to assess the potential economic viability of this deposit, in a region which has been mined since the mid-1700s.

In remodelling such detailed historical data, East Star will be able to assess the reasonable prospects for economic extraction prior to on the ground exploration and therefore, like Verkhuba, we will undertake a low-cost exploration campaign to verify the data and convert the exploration target to a JORC Resource.

We are grateful for the support from the Shemonaikha District in allowing us to apply for the Licence and we look forward to updating the market on future exploration activities.’

Further Information

Figure 1: Highlighted historical drill intersections in the newly awarded licence area as well as the complete East Star IP anomaly

History of the Rulikha Deposit

The Rulikha Deposit and geophysical targets are situated about 33km northwest from East Star’s 100% owned Verkhuba Deposit (JORC MRE of 20.3Mt @ 1.16% copper, 1.54% zinc and 0.27% lead). Located within the Rulikhinskoe-Vydrikhinskoe Ore Field in the Shemonaikha District of East Kazakhstan, the Rulikha Deposit is a VMS polymetallic deposit primarily explored for zinc, copper and lead. The Rulikha Deposit was part of a broader geological exploration effort in the region, conducted by the East Kazakhstan Geological Exploration Expedition under the Ministry of Geology of the USSR and later the Republic of Kazakhstan.

The Rulikha Deposit was discovered in the 1940s and delineated during exploration up to the 1980s, followed by detailed prospecting from 1989-1992. The major historical work programmes included:

· 1940-1950s: Early prospecting by the Shemonaikha Party of the Altai Exploration Group identified polymetallic mineralisation. A consolidated report in 1957 (Utrobin et al.) calculated GKZ resources for the Rulikhinskoye (Rulikha) deposit.

· 1960s-1970s: Geological and geophysical work by the Shemonaikha Geological Reconnaissance Party (GRP) and Priirtyshskaya Party refined the geological structure and mineralisation of the deposit.

· 1978-1983: Detailed prospecting by the Minsk and Ubin GRPs of the Shemonaikha GRP targeted the Rulikhinsko-Vydrikhinsky and Talovsko-Rulevsky areas, further delineating mineralisation.

· 1989-1992: Deep exploration drilling to assess the mineralisation potential of deeper units (up to 1000-1200m).

Based on the historical reports, it seems that no further exploration was undertaken since 1992. The last significant exploration programme in 1989-1992 included significant drilling and sampling efforts:

· Total Drilling – 6,785 linear metres of core drilling across 12 exploration boreholes. Drilling grid for Rulikha Deposit: 200 x 100m for C2 category resources (GKZ resource categorisation not typically used in modern resource estimates), 400 x 100m or 300 x 200m for P1 category.

· Geochemical Sampling – 737 geochemical samples collected.

· Geophysical Logging: – 6,607 linear metres of gamma logging.

The results of the historical exploration found that the Rulikha Deposit hosts VMS-polymetallic mineralisation, primarily copper, zinc and lead, with minor gold and silver. Mineralisation is localised in tuffs, volcanic sediments and extrusive units from the Middle-Upper Devonian boundary. Mineralisation is associated with vein-type and stratiform ore lenses. Metallurgical or processing test work for the Rulikha Deposit has not been completed to date.

Contacts:

East Star Resources Plc

Alex Walker, Chief Executive Officer

Tel: +44 (0)20 7390 0234 (via Vigo Consulting)

SI Capital (Corporate Broker)

Nick Emerson

Tel: +44 (0)1483 413 500

Vigo Consulting (Investor Relations)

Ben Simons / Peter Jacob / Anna Stacey

Tel: +44 (0)20 7390 0234

About East Star Resources Plc

East Star Resources is focused on the discovery and development of copper and gold in Kazakhstan. East Star’s management are based permanently on the ground, supported by local expertise. The Company is pursuing multiple exploration strategies:

· Volcanogenic massive sulphide (VMS) exploration, which to date includes a deposit with a maiden JORC MRE of 20.3Mt @ 1.16% copper, 1.54% zinc and 0.27% lead, in an infrastructure-rich region, amenable to a low capex development

· Copper porphyry and epithermal gold exploration, with multiple opportunities for Tier 1 deposits, initially supported by an initial US$500k grant from BHP Xplor in 2024

Visit our website:

www.eaststarplc.com

Follow us on social media:

LinkedIn: https://www.linkedin.com/company/east-star-resources/

X: https://x.com/EastStar_PLC

Subscribe to our email alert service to be notified whenever East Star releases news:

www.eaststarplc.com/newsalerts

The person who arranged for the release of this announcement was Alex Walker, CEO of the Company.

This announcement contains inside information for the purposes of Article 7 of Regulation 2014/596/EU which is part of domestic UK law pursuant to the Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310) (‘UK MAR’). Upon the publication of this announcement, this inside information (as defined in UK MAR) is now considered to be in the public domain.

Competent Person Statement

Scientific or technical information in this disclosure related to exploration was reviewed by Dr Tremain Woods, a full-time employee of Discovery Ventures Kazakhstan Ltd, a 100% owned subsidiary of East Star Resources PLC. Dr Woods is a member in good standing with the Geological Society of South Africa. He has sufficient experience that is relevant to the commodity, style of mineralisation or type of deposit under consideration and activity which he is undertaking to qualify as a Competent Person under the JORC code (2012 Edition).

Table 1 – Significant Historical Drill Results

Hole_ID

NAT_East

NAT_North

NAT_RL

NAT_Azi

Dip

Hole_Depth

Depth_From

Depth_To

mWidth

InterceptDescriptionCoElements

Lease_ID

RU_DH_10

571193

5596053

518

107

-70

176.4

56.9

58.23

1.33

1.33m @ 2.55 % Zn; 0.02 % Cu; 0.02 % Pb

3631-EL

RU_DH_102

570522

5593550

378

0

-90

238.9

192.6

194

1.4

1.40m @ 1.78 % Zn; 0.21 % Cu; 0.26 % Pb

3631-EL

RU_DH_104

570595

5593548

379

0

-90

233.2

196.63

208

11.37

11.37m @ 9.79 % Zn; 3.13 % Cu; 1.12 % Pb

3631-EL

RU_DH_106

570687

5593501

385

0

-90

256.45

237.45

244.4

6.95

6.95m @ 17.56 % Zn; 1.02 % Cu; 3.31 % Pb

3631-EL

RU_DH_106

570687

5593501

385

0

-90

256.45

247.65

248.65

1

1.00m @ 1.59 % Zn; 0.20 % Cu; 0.35 % Pb

3631-EL

RU_DH_109

570735

5593472

387

0

-90

250.7

238.7

241.5

2.8

2.80m @ 6.52 % Zn; 0.39 % Cu; 2.39 % Pb

3631-EL

RU_DH_11

570485

5593956

399

303

-90

220.95

32

37

5

5.00m @ 2.05 % Zn; 0.08 % Cu; 0.00 % Pb

3631-EL

RU_DH_11

570485

5593956

399

303

-90

220.95

64

65.9

1.9

1.90m @ 4.78 % Zn; 0.05 % Cu; 0.00 % Pb

3631-EL

RU_DH_111

570592

5593402

376

0

-90

280.25

241.7

246.6

4.9

4.90m @ 1.12 % Zn; 0.06 % Cu; 0.20 % Pb

3631-EL

RU_DH_111

570592

5593402

376

0

-90

280.25

257.35

261.7

4.35

4.35m @ 2.08 % Zn; 0.18 % Cu; 0.32 % Pb

3631-EL

RU_DH_111

570592

5593402

376

0

-90

280.25

264.6

266.45

1.85

1.85m @ 3.10 % Zn; 0.25 % Cu; 0.08 % Pb

3631-EL

RU_DH_112

570650

5593389

379

0

-90

282

250.55

256.1

5.55

5.55m @ 6.61 % Zn; 0.45 % Cu; 0.15 % Pb

3631-EL

RU_DH_112

570650

5593389

379

0

-90

282

259.1

262.75

3.65

3.65m @ 4.89 % Zn; 0.31 % Cu; 0.08 % Pb

3631-EL

RU_DH_113

570698

5593362

383

0

-90

286

243.9

251.15

7.25

7.25m @ 1.91 % Zn; 0.13 % Cu; 0.23 % Pb

3631-EL

RU_DH_114

570590

5593329

375

0

-90

286.5

231.5

236.6

5.1

5.10m @ 1.00 % Zn; 0.04 % Cu; 0.98 % Pb

3631-EL

RU_DH_114

570590

5593329

375

0

-90

286.5

259.65

262

2.35

2.35m @ 1.00 % Zn; 0.08 % Cu; 0.26 % Pb

3631-EL

RU_DH_115

570383

5593758

379

0

-90

103.6

50.1

51.1

1

1.00m @ 1.96 % Zn; 0.05 % Cu; 0.02 % Pb

3631-EL

RU_DH_15

570322

5593842

381

116

-72

109

44.8

46.8

2

2.00m @ 1.76 % Zn; 0.00 % Cu; 0.00 % Pb

3631-EL

RU_DH_15

570322

5593842

381

116

-72

109

62

72

10

10.00m @ 2.29 % Zn; 0.00 % Cu; 0.00 % Pb

3631-EL

RU_DH_15

570322

5593842

381

116

-72

109

74.3

77

2.7

2.70m @ 3.92 % Zn; 0.00 % Cu; 0.00 % Pb

3631-EL

RU_DH_16

570381

5593870

385

218

-90

153.25

88.6

91.7

3.1

3.10m @ 2.05 % Zn; 0.03 % Cu; 0.00 % Pb

3631-EL

RU_DH_17

570212

5593746

373

0

-90

139

108.5

112.5

4

4.00m @ 1.91 % Zn; 0.00 % Cu; 0.02 % Pb

3631-EL

RU_DH_18

570632

5593727

391

35

-74

49.6

36

39

3

3.00m @ 3.35 % Zn; 0.00 % Cu; 0.00 % Pb

3631-EL

RU_DH_21

570631

5593687

390

355

-90

134.05

99.4

101.4

2

2.00m @ 2.78 % Zn; 0.06 % Cu; 0.03 % Pb

3631-EL

RU_DH_21

570631

5593687

390

355

-90

134.05

113.85

114.85

1

1.00m @ 1.64 % Zn; 0.00 % Cu; 0.02 % Pb

3631-EL

RU_DH_21

570631

5593687

390

355

-90

134.05

120.2

127.45

7.25

7.25m @ 1.79 % Zn; 0.04 % Cu; 0.02 % Pb

3631-EL

RU_DH_22

570378

5593282

361

46

-90

330

268.8

280

11.2

11.20m @ 2.45 % Zn; 0.30 % Cu; 0.20 % Pb

3631-EL

RU_DH_22

570378

5593282

361

46

-90

330

290

294.95

4.95

4.95m @ 1.57 % Zn; 0.06 % Cu; 0.11 % Pb

3631-EL

RU_DH_23

570201

5593542

363

46

-90

274.45

215

218

3

3.00m @ 1.06 % Zn; 0.09 % Cu; 0.23 % Pb

3631-EL

RU_DH_28

570597

5593487

376

46

-90

327.2

227.2

231.1

3.9

3.90m @ 15.71 % Zn; 2.20 % Cu; 3.40 % Pb

3631-EL

RU_DH_28

570597

5593487

376

46

-90

327.2

238.5

239.5

1

1.00m @ 3.35 % Zn; 6.32 % Cu; 0.22 % Pb

3631-EL

RU_DH_3

570359

5593815

379

112

-90

132

75.42

77.5

2.08

2.08m @ 10.60 % Zn; 0.00 % Cu; 0.00 % Pb

3631-EL

RU_DH_305

569876

5593896

387

44

-90

620

132.5

134

1.5

1.50m @ 2.10 % Zn; 0.07 % Cu; 0.05 % Pb

3631-EL

RU_DH_308

569796

5593868

377

42

-90

360

107.3

108.3

1

1.00m @ 2.54 % Zn; 1.71 % Cu; 0.23 % Pb

3631-EL

RU_DH_30A

570016

5593503

359

344

-85

400

199.8

205

5.2

5.20m @ 1.82 % Zn; 0.09 % Cu; 0.42 % Pb

3631-EL

RU_DH_30A

570016

5593503

359

344

-85

400

243.6

248

4.4

4.40m @ 1.83 % Zn; 0.13 % Cu; 0.44 % Pb

3631-EL

RU_DH_30A

570016

5593503

359

344

-85

400

267

270

3

3.00m @ 1.41 % Zn; 0.08 % Cu; 0.05 % Pb

3631-EL

RU_DH_30A

570016

5593503

359

344

-85

400

276

280.2

4.2

4.20m @ 2.95 % Zn; 0.06 % Cu; 0.05 % Pb

3631-EL

RU_DH_30A

570016

5593503

359

344

-85

400

285.6

287.5

1.9

1.90m @ 1.72 % Zn; 0.05 % Cu; 0.05 % Pb

3631-EL

RU_DH_30A

570016

5593503

359

344

-85

400

322.5

325.5

3

3.00m @ 6.58 % Zn; 0.05 % Cu; 0.05 % Pb

3631-EL

RU_DH_30A

570016

5593503

359

344

-85

400

377

379

2

2.00m @ 1.25 % Zn; 0.05 % Cu; 0.05 % Pb

3631-EL

RU_DH_31

569996

5592849

361

0

-90

389.5

352.8

355.8

3

3.00m @ 0.87 % Zn; 0.02 % Cu; 0.01 % Pb

3631-EL

RU_DH_31

569996

5592849

361

0

-90

389.5

360.8

361.8

1

1.00m @ 1.05 % Zn; 0.02 % Cu; 0.00 % Pb

3631-EL

RU_DH_312

569754

5593790

371

46

-87

521

52.3

58.4

6.1

6.10m @ 10.54 % Zn; 2.32 % Cu; 1.20 % Pb

3631-EL

RU_DH_312

569754

5593790

371

46

-87

521

64

72.4

8.4

8.40m @ 1.77 % Zn; 1.67 % Cu; 0.07 % Pb

3631-EL

RU_DH_312

569754

5593790

371

46

-87

521

203

204

1

1.00m @ 3.72 % Zn; 0.65 % Cu; 2.63 % Pb

3631-EL

RU_DH_316

569859

5592939

372

50

-88

491

468.3

472

3.7

3.70m @ 1.47 % Zn; 0.07 % Cu; 0.05 % Pb

3631-EL

RU_DH_31A

569834

5593225

376

35

-84

680

271.7

273

1.3

1.30m @ 4.46 % Zn; 0.24 % Cu; 0.10 % Pb

3631-EL

RU_DH_31A

569834

5593225

376

35

-84

680

308

310.5

2.5

2.50m @ 1.08 % Zn; 0.06 % Cu; 0.05 % Pb

3631-EL

RU_DH_32

569792

5593146

380

46

-90

396

291.85

293.85

2

2.00m @ 1.60 % Zn; 0.05 % Cu; 0.05 % Pb

3631-EL

RU_DH_32A

569887

5593050

373

6

-85

830

175

176

1

1.00m @ 1.70 % Zn; 0.02 % Cu; 1.57 % Pb

3631-EL

RU_DH_32A

569887

5593050

373

6

-85

830

281

282.5

1.5

1.50m @ 3.75 % Zn; 0.14 % Cu; 0.08 % Pb

3631-EL

RU_DH_32A

569887

5593050

373

6

-85

830

294

297

3

3.00m @ 2.07 % Zn; 0.13 % Cu; 0.05 % Pb

3631-EL

RU_DH_32A

569887

5593050

373

6

-85

830

303

305

2

2.00m @ 1.81 % Zn; 0.08 % Cu; 0.05 % Pb

3631-EL

RU_DH_341

570860

5593726

419

43

-87

540

326.1

329.3

3.2

3.20m @ 3.37 % Zn; 0.25 % Cu; 0.11 % Pb

3631-EL

RU_DH_341

570860

5593726

419

43

-87

540

356.3

357.3

1

1.00m @ 1.78 % Zn; 0.14 % Cu; 0.20 % Pb

3631-EL

RU_DH_347

570112

5593845

389

46

-90

171

40

42

2

2.00m @ 1.73 % Zn; 0.05 % Cu; 0.05 % Pb

3631-EL

RU_DH_348

570310

5593431

363

46

-87

340

224.5

225.75

1.25

1.25m @ 4.74 % Zn; 0.05 % Cu; 0.36 % Pb

3631-EL

RU_DH_348

570310

5593431

363

46

-87

340

286.8

290.6

3.8

3.80m @ 1.92 % Zn; 0.30 % Cu; 0.05 % Pb

3631-EL

RU_DH_35

570702

5593437

382

0

-90

335.35

246

253.8

7.8

7.80m @ 7.73 % Zn; 0.56 % Cu; 1.99 % Pb

3631-EL

RU_DH_351

570020

5593730

386

46

-90

267

62.8

67.5

4.7

4.70m @ 4.35 % Zn; 0.08 % Cu; 1.71 % Pb

3631-EL

RU_DH_351

570020

5593730

386

46

-90

267

131.6

139

7.4

7.40m @ 1.95 % Zn; 0.18 % Cu; 0.06 % Pb

3631-EL

RU_DH_352

570720

5593488

385

46

-85

640

235.9

247.1

11.2

11.20m @ 5.55 % Zn; 0.32 % Cu; 1.19 % Pb

3631-EL

RU_DH_352

570720

5593488

385

46

-85

640

592.8

595.1

2.3

2.30m @ 2.00 % Zn; 0.15 % Cu; 0.34 % Pb

3631-EL

RU_DH_354

569949

5593685

381

46

-88

244

135

148

13

13.00m @ 1.69 % Zn; 0.21 % Cu; 0.39 % Pb

3631-EL

RU_DH_354

569949

5593685

381

46

-88

244

162

172.4

10.4

10.40m @ 1.67 % Zn; 0.06 % Cu; 0.66 % Pb

3631-EL

RU_DH_354

569949

5593685

381

46

-88

244

225

227.5

2.5

2.50m @ 2.90 % Zn; 0.30 % Cu; 0.01 % Pb

3631-EL

RU_DH_359

570585

5593455

374

49

-86

680

241.7

246.4

4.7

4.70m @ 3.82 % Zn; 0.29 % Cu; 0.07 % Pb

3631-EL

RU_DH_362

569886

5593634

374

63

-89

448

206.3

211.2

4.9

4.90m @ 2.51 % Zn; 0.11 % Cu; 0.05 % Pb

3631-EL

RU_DH_362

569886

5593634

374

63

-89

448

216.6

218.2

1.6

1.60m @ 1.90 % Zn; 0.10 % Cu; 0.05 % Pb

3631-EL

RU_DH_363

569803

5594130

395

46

-88

250

51.3

56.7

5.4

5.40m @ 1.79 % Zn; 0.09 % Cu; 0.18 % Pb

3631-EL

RU_DH_363

569803

5594130

395

46

-88

250

80.7

86

5.3

5.30m @ 2.25 % Zn; 0.07 % Cu; 0.05 % Pb

3631-EL

RU_DH_367

570015

5592985

363

57

-87

920.5

316.5

319

2.5

2.50m @ 11.13 % Zn; 1.82 % Cu; 1.82 % Pb

3631-EL

RU_DH_367

570015

5592985

363

57

-87

920.5

400.8

405.5

4.7

4.70m @ 2.69 % Zn; 0.28 % Cu; 0.22 % Pb

3631-EL

RU_DH_367

570015

5592985

363

57

-87

920.5

415.9

417.7

1.8

1.80m @ 1.95 % Zn; 0.13 % Cu; 0.05 % Pb

3631-EL

RU_DH_36A

570165

5593299

357

338

-79

476

446

448

2

2.00m @ 1.51 % Zn; 0.04 % Cu; 0.02 % Pb

3631-EL

RU_DH_36A

570165

5593299

357

338

-79

476

451.5

453

1.5

1.50m @ 1.57 % Zn; 0.07 % Cu; 0.31 % Pb

3631-EL

RU_DH_372

570361

5593238

361

42

-86

840

259.5

261

1.5

1.50m @ 1.54 % Zn; 0.70 % Cu; 1.52 % Pb

3631-EL

RU_DH_372

570361

5593238

361

42

-86

840

263.5

269.5

6

6.00m @ 6.63 % Zn; 0.54 % Cu; 0.76 % Pb

3631-EL

RU_DH_372

570361

5593238

361

42

-86

840

295.5

298

2.5

2.50m @ 2.17 % Zn; 0.43 % Cu; 0.09 % Pb

3631-EL

RU_DH_372

570361

5593238

361

42

-86

840

338.8

340.4

1.6

1.60m @ 1.25 % Zn; 0.13 % Cu; 0.10 % Pb

3631-EL

RU_DH_37A

570095

5593040

358

11

-77

830

297.5

300

2.5

2.50m @ 1.08 % Zn; 0.08 % Cu; 0.05 % Pb

3631-EL

RU_DH_38

570757

5593376

389

92

-90

351.6

243.9

251.9

8

8.00m @ 1.22 % Zn; 0.11 % Cu; 0.08 % Pb

3631-EL

RU_DH_38

570757

5593376

389

92

-90

351.6

271.9

272.9

1

1.00m @ 1.71 % Zn; 0.16 % Cu; 0.19 % Pb

3631-EL

RU_DH_38

570757

5593376

389

92

-90

351.6

277.9

278.9

1

1.00m @ 1.12 % Zn; 0.27 % Cu; 0.02 % Pb

3631-EL

RU_DH_38

570757

5593376

389

92

-90

351.6

282.9

283.9

1

1.00m @ 1.28 % Zn; 0.07 % Cu; 0.51 % Pb

3631-EL

RU_DH_38A

569955

5592859

362

18

-81

480

330.1

334.3

4.2

4.20m @ 5.78 % Zn; 1.30 % Cu; 1.28 % Pb

3631-EL

RU_DH_38A

569955

5592859

362

18

-81

480

370.3

371.3

1

1.00m @ 1.16 % Zn; 2.91 % Cu; 0.31 % Pb

3631-EL

RU_DH_38A

569955

5592859

362

18

-81

480

386

391.5

5.5

5.50m @ 1.31 % Zn; 0.75 % Cu; 0.12 % Pb

3631-EL

RU_DH_38A

569955

5592859

362

18

-81

480

412

414

2

2.00m @ 1.28 % Zn; 0.05 % Cu; 0.05 % Pb

3631-EL

RU_DH_39

570560

5593584

381

0

-90

359

185.55

195.5

9.95

9.95m @ 3.89 % Zn; 0.40 % Cu; 1.35 % Pb

3631-EL

RU_DH_40

570627

5593366

378

0

-90

370.15

256.2

264.95

8.75

8.75m @ 5.38 % Zn; 0.26 % Cu; 0.33 % Pb

3631-EL

RU_DH_42

570773

5593507

394

0

-90

504.9

224.95

226.3

1.35

1.35m @ 7.52 % Zn; 0.35 % Cu; 3.31 % Pb

3631-EL

RU_DH_44

570439

5593344

365

74

-90

318.1

228.25

238.65

10.4

10.40m @ 1.32 % Zn; 0.06 % Cu; 0.66 % Pb

3631-EL

RU_DH_44

570439

5593344

365

74

-90

318.1

243.65

244.65

1

1.00m @ 2.25 % Zn; 0.09 % Cu; 0.70 % Pb

3631-EL

RU_DH_44

570439

5593344

365

74

-90

318.1

250.65

251.65

1

1.00m @ 2.67 % Zn; 0.18 % Cu; 1.12 % Pb

3631-EL

RU_DH_44

570439

5593344

365

74

-90

318.1

255.15

259.15

4

4.00m @ 3.17 % Zn; 0.13 % Cu; 1.83 % Pb

3631-EL

RU_DH_45

570630

5593580

384

0

-90

310.3

192.6

193.6

1

1.00m @ 1.53 % Zn; 0.16 % Cu; 0.70 % Pb

3631-EL

RU_DH_46

570449

5593628

380

357

-90

350

134.5

138.5

4

4.00m @ 12.61 % Zn; 1.24 % Cu; 0.41 % Pb

3631-EL

RU_DH_46

570449

5593628

380

357

-90

350

150.2

164.2

14

14.00m @ 1.45 % Zn; 0.09 % Cu; 0.45 % Pb

3631-EL

RU_DH_47

570826

5593439

399

154

-90

459.9

423.6

424.6

1

1.00m @ 1.03 % Zn; 0.79 % Cu; 0.00 % Pb

3631-EL

RU_DH_48

570421

5593448

368

0

-90

312

295.1

297.1

2

2.00m @ 1.00 % Zn; 0.01 % Cu; 0.00 % Pb

3631-EL

RU_DH_48

570421

5593448

368

0

-90

312

303.1

305.1

2

2.00m @ 1.00 % Zn; 0.02 % Cu; 0.10 % Pb

3631-EL

RU_DH_49

570519

5593342

369

0

-90

340.8

260

261

1

1.00m @ 1.38 % Zn; 0.10 % Cu; 0.33 % Pb

3631-EL

RU_DH_49

570519

5593342

369

0

-90

340.8

272

273

1

1.00m @ 1.18 % Zn; 0.04 % Cu; 0.39 % Pb

3631-EL

RU_DH_49

570519

5593342

369

0

-90

340.8

277

278

1

1.00m @ 1.00 % Zn; 0.04 % Cu; 0.74 % Pb

3631-EL

RU_DH_49

570519

5593342

369

0

-90

340.8

282

287

5

5.00m @ 1.23 % Zn; 0.06 % Cu; 0.50 % Pb

3631-EL

RU_DH_49

570519

5593342

369

0

-90

340.8

291

292

1

1.00m @ 1.16 % Zn; 0.03 % Cu; 0.53 % Pb

3631-EL

RU_DH_49

570519

5593342

369

0

-90

340.8

301

305

4

4.00m @ 1.34 % Zn; 0.05 % Cu; 0.20 % Pb

3631-EL

RU_DH_49

570519

5593342

369

0

-90

340.8

308

314

6

6.00m @ 1.71 % Zn; 0.13 % Cu; 0.24 % Pb

3631-EL

RU_DH_49

570519

5593342

369

0

-90

340.8

318

319

1

1.00m @ 1.23 % Zn; 0.03 % Cu; 0.28 % Pb

3631-EL

RU_DH_49

570519

5593342

369

0

-90

340.8

325

327

2

2.00m @ 1.45 % Zn; 0.08 % Cu; 0.44 % Pb

3631-EL

RU_DH_51

570918

5593528

411

269

-90

396.05

202.6

205.6

3

3.00m @ 2.03 % Zn; 0.11 % Cu; 0.03 % Pb

3631-EL

RU_DH_51

570918

5593528

411

269

-90

396.05

315.05

316.05

1

1.00m @ 1.14 % Zn; 0.23 % Cu; 0.16 % Pb

3631-EL

RU_DH_53

570676

5593304

380

279

-90

337

203.4

209.4

6

6.00m @ 4.30 % Zn; 0.25 % Cu; 0.82 % Pb

3631-EL

RU_DH_53

570676

5593304

380

279

-90

337

233.95

235.95

2

2.00m @ 2.09 % Zn; 0.08 % Cu; 0.03 % Pb

3631-EL

RU_DH_53

570676

5593304

380

279

-90

337

247.95

248.95

1

1.00m @ 1.50 % Zn; 0.00 % Cu; 0.00 % Pb

3631-EL

RU_DH_53

570676

5593304

380

279

-90

337

256.95

262.95

6

6.00m @ 1.31 % Zn; 0.06 % Cu; 0.02 % Pb

3631-EL

RU_DH_53

570676

5593304

380

279

-90

337

265.95

284.3

18.35

18.35m @ 3.46 % Zn; 0.28 % Cu; 0.14 % Pb

3631-EL

RU_DH_53

570676

5593304

380

279

-90

337

297.3

298.3

1

1.00m @ 2.32 % Zn; 0.17 % Cu; 0.00 % Pb

3631-EL

RU_DH_57

570374

5593517

371

39

-90

312.5

174.65

175.65

1

1.00m @ 1.70 % Zn; 0.16 % Cu; 0.54 % Pb

3631-EL

RU_DH_58

570560

5593509

375

0

-90

384.95

214.25

216.25

2

2.00m @ 2.11 % Zn; 0.20 % Cu; 0.40 % Pb

3631-EL

RU_DH_58

570560

5593509

375

0

-90

384.95

262.6

265.6

3

3.00m @ 0.90 % Zn; 0.89 % Cu; 0.01 % Pb

3631-EL

RU_DH_60

570481

5593664

382

290

-90

153.65

121.2

122.2

1

1.00m @ 1.57 % Zn; 0.13 % Cu; 1.28 % Pb

3631-EL

RU_DH_60A

570028

5593642

372

37

-82

470

188.4

192.8

4.4

4.40m @ 2.45 % Zn; 0.07 % Cu; 0.44 % Pb

3631-EL

RU_DH_60A

570028

5593642

372

37

-82

470

199

207.2

8.2

8.20m @ 2.63 % Zn; 0.13 % Cu; 0.13 % Pb

3631-EL

RU_DH_61

570417

5593722

380

0

-90

253

39

41

2

2.00m @ 1.87 % Zn; 0.05 % Cu; 0.05 % Pb

3631-EL

RU_DH_61

570417

5593722

380

0

-90

253

49.9

52.5

2.6

2.60m @ 2.12 % Zn; 0.02 % Cu; 0.05 % Pb

3631-EL

RU_DH_61

570417

5593722

380

0

-90

253

92.8

93.8

1

1.00m @ 2.57 % Zn; 0.03 % Cu; 0.03 % Pb

3631-EL

RU_DH_61

570417

5593722

380

0

-90

253

104.1

112.1

8

8.00m @ 1.54 % Zn; 0.02 % Cu; 0.00 % Pb

3631-EL

RU_DH_61

570417

5593722

380

0

-90

253

129.2

130.2

1

1.00m @ 1.53 % Zn; 0.00 % Cu; 0.00 % Pb

3631-EL

RU_DH_61

570417

5593722

380

0

-90

253

143.2

145.2

2

2.00m @ 1.65 % Zn; 0.01 % Cu; 0.01 % Pb

3631-EL

RU_DH_61

570417

5593722

380

0

-90

253

168.7

169.7

1

1.00m @ 2.01 % Zn; 0.04 % Cu; 0.00 % Pb

3631-EL

RU_DH_61A

570012

5593825

391

345

-89

256

26

29

3

3.00m @ 1.76 % Zn; 0.03 % Cu; 0.23 % Pb

3631-EL

RU_DH_61A

570012

5593825

391

345

-89

256

50

54

4

4.00m @ 9.23 % Zn; 0.07 % Cu; 1.05 % Pb

3631-EL

RU_DH_61A

570012

5593825

391

345

-89

256

63

65

2

2.00m @ 3.53 % Zn; 0.03 % Cu; 0.62 % Pb

3631-EL

RU_DH_61A

570012

5593825

391

345

-89

256

164

165

1

1.00m @ 1.22 % Zn; 0.02 % Cu; 0.05 % Pb

3631-EL

RU_DH_62

570615

5593223

379

0

-90

505.1

239.5

242.55

3.05

3.05m @ 1.00 % Zn; 0.17 % Cu; 0.20 % Pb

3631-EL

RU_DH_62

570615

5593223

379

0

-90

505.1

443.8

444.8

1

1.00m @ 1.00 % Zn; 0.10 % Cu; 0.50 % Pb

3631-EL

RU_DH_62

570615

5593223

379

0

-90

505.1

467.8

469.8

2

2.00m @ 1.00 % Zn; 0.06 % Cu; 0.02 % Pb

3631-EL

RU_DH_63

570770

5593232

391

0

-90

352.05

185.2

186.8

1.6

1.60m @ 1.58 % Zn; 0.04 % Cu; 0.81 % Pb

3631-EL

RU_DH_64

570700

5593729

395

0

-90

394.3

84.2

85.2

1

1.00m @ 1.10 % Zn; 0.06 % Cu; 0.05 % Pb

3631-EL

RU_DH_65

570343

5593380

361

0

-90

342

302.6

304.6

2

2.00m @ 1.27 % Zn; 0.08 % Cu; 0.11 % Pb

3631-EL

RU_DH_66

570839

5593298

397

0

-90

531.6

232.5

233.5

1

1.00m @ 1.09 % Zn; 0.23 % Cu; 0.19 % Pb

3631-EL

RU_DH_66

570839

5593298

397

0

-90

531.6

237.5

258

20.5

20.50m @ 2.37 % Zn; 0.11 % Cu; 0.09 % Pb

3631-EL

RU_DH_66

570839

5593298

397

0

-90

531.6

264

292

28

28.00m @ 2.10 % Zn; 0.10 % Cu; 0.13 % Pb

3631-EL

RU_DH_68

570405

5593646

378

346

-90

462.9

118

126

8

8.00m @ 1.09 % Zn; 0.08 % Cu; 0.34 % Pb

3631-EL

RU_DH_68

570405

5593646

378

346

-90

462.9

133

135

2

2.00m @ 1.14 % Zn; 0.15 % Cu; 0.09 % Pb

3631-EL

RU_DH_75

570309

5593493

367

351

-90

268.35

207.25

210.8

3.55

3.55m @ 1.23 % Zn; 0.09 % Cu; 0.17 % Pb

3631-EL

RU_DH_83

570349

5593649

375

0

-90

274.9

201.45

203.45

2

2.00m @ 1.00 % Zn; 0.00 % Cu; 0.06 % Pb

3631-EL

RU_DH_83

570349

5593649

375

0

-90

274.9

218.15

225.15

7

7.00m @ 1.00 % Zn; 0.07 % Cu; 0.14 % Pb

3631-EL

RU_DH_83

570349

5593649

375

0

-90

274.9

228.15

229.15

1

1.00m @ 1.00 % Zn; 0.10 % Cu; 0.20 % Pb

3631-EL

RU_DH_9

570493

5593926

396

226

-70

127.4

34.6

47.5

12.9

12.90m @ 3.71 % Zn; 0.14 % Cu; 0.00 % Pb

3631-EL

RU_DH_9

570493

5593926

396

226

-70

127.4

52

61.5

9.5

9.50m @ 2.05 % Zn; 0.00 % Cu; 0.00 % Pb

3631-EL

RU_DH_9

570493

5593926

396

226

-70

127.4

103.35

109

5.65

5.65m @ 4.73 % Zn; 0.30 % Cu; 0.00 % Pb

3631-EL

Table 2 – JORC Code, 2012 Edition

Section 1 Sampling Techniques and Data

Criteria

JORC Code explanation

Commentary

Sampling techniques

· Nature and quality of sampling (e.g. cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling.

· Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.

· Aspects of the determination of mineralisation that are Material to the Public Report.

· In cases where ‘industry standard’ work has been done this would be relatively simple (e.g. ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases, more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (e.g. submarine nodules) may warrant disclosure of detailed information.

· Samples were taken from diamond drill core through sulphide or oxide mineralised intervals.

· Sampling intervals ranged from 0.1 m to over 1.0m

· Sample quality was ensured by a GKZ standard calculations to ensure results from X-ray spectral analyses were representative

· A total of 599 meters of core was sampled for the Rulikha Deposit

· Core samples were prepared by the geological expeditions by cutting the core in half, crushing and milling the samples (the size fractions aren’t recorded but noted as standard fractions), then analysed with X-ray spectral techniques

· No core is available for verification sampling

Drilling techniques

· Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc).

· Drilling was conducted using standard HQ sized diamond drilling technique.

· Various drilling campaigns were conducted by geological expeditions as detailed above.

· The drill holes purpose ranged from geochemical sampling using KGK techniques (these holes are not included in the data for this announcement) to deeper stratigraphic holes. Only holes with assay data through the Rulikha deposit were included in this announcement.

Drill sample recovery

· Method of recording and assessing core and chip sample recoveries and results assessed.

· Measures taken to maximise sample recovery and ensure representative nature of the samples.

· Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.

· Core recovery was an average of 42%, the total range was from 17 – 66% recovery

· Recovery logs are unavailable for drill hole data base, so the relationship between recovery and grade has not been evaluated.

Logging

· Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.

· Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography.

· The total length and percentage of the relevant intersections logged.

· Geologists from the various companies and expeditions completed logging.

· The logging was approved by the committee for geology.

· Sections and plan maps were available to verify geology and structure.

· East Star geologists were able to confirm the geology at surface with geological mapping at a scale of 1:2000 in 2024.

· Approximately 80% of the logged sections were available for this announcement, strip logs and additional information has been requested to inform future work.

Sub-sampling techniques and sample preparation

· If core, whether cut or sawn and whether quarter, half or all core taken.

· If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry.

· For all sample types, the nature, quality, and appropriateness of the sample preparation technique.

· Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples.

· Measures taken to ensure that the sampling is representative of the in-situ material collected, including for instance results for field duplicate/second-half sampling.

· Whether sample sizes are appropriate to the grain size of the material being sampled.

· Half core samples were collected for processing.

· Sub sampling techniques aren’t clearly recorded in the reports available.

Quality of assay data and laboratory tests

· The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.

· For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc.

· Nature of quality control procedures adopted (e.g. standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established.

· The samples were analyzed using X-ray spectral analysis, which requires finely powdered, homogeneous samples to ensure accurate detection of elements (Cu, Pb, Zn, Au and Ag).

· It’s unclear if Au and Ag analyses were conducted on all samples analysed

· The preparation would have been tailored to produce a sample compatible with the X-ray spectrometer, typically involving pressing the powdered sample into a pellet or fusing it into a glass bead for analysis, though the reports do not specify these steps.

· X-ray spectral techniques were commonly used in historical exploration in the soviet era. The techniques have been subsequently replaced by modern analytical techniques, however, they are generally viewed as having produced accurate results. The quality of the data has only been evaluated as reported historically by East Star geologists and have been represented as such in this announcement.

Verification of sampling and assaying

· The verification of significant intersections by either independent or alternative company personnel.

· The use of twinned holes.

· Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols.

· Discuss any adjustment to assay data.

· Sampling data has been compared between reports.

· No verification sampling of the historical assays has been conducted.

Location of data points

· Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.

· Specification of the grid system used.

· Quality and adequacy of topographic control.

· Drill holes were surveyed using Garmin GPSMAP 62S handheld GPS device. DGPS surveys are planned once all drilling is completed.

· Grid system WGS84, UTM44N.

· 20 historical drill holes have been located in the area during mapping activities in 2023-2024.

· Some errors were noted in the elevation readings (from 5 – 14 m errors), these were adjusted to the elevation values of the SRTM topography over the area.

Data spacing and distribution

· Data spacing for reporting of Exploration Results.

· Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied.

· Whether sample compositing has been applied.

· Historical drilling grid for the Rulikha deposit: 200 x 100 m for C2 category resources, 400 x 100 m or 300 x 200 m for P1 category.

· Geological distribution is sufficient for an exploration target or preliminary Resource calculations.

· Significant intercepts are reported for results from 2024 drilling using the following parameters:

Parameter

Report 1

Report 2

Report 3

Element

Cu

Cu

Zn

Min Cut-off Grade %

1

0.3%

0.8%

Max Cut-off Grade %

n/a

n/a

n/a

Min Intercept Length (metres)

n/a

2m

n/a

Maximum Consecutive Internal Waste (m)

2m

2m

2m

Minimum Intercept Grade %

n/a

All (no filter)

All (no filter)

Co-elements in report

Pb, Zn

Pb, Zn

Cu, Pb

·

Orientation of data in relation to geological structure

· Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type.

· If the relationship between the drilling orientation and the orientation of key mineralized structures is considered to have introduced a sampling bias, this should be assessed and reported if material.

· Samples were reportedly taken for intervals with significant sulphide mineralization.

· The ore body generally dips 10 to 25° to the SW. In some parts of the deposit the ore body dips steeper 40. These steeper areas of mineralization are interpreted to be the result of post mineralization deformation.

· The ore body is cut by NS and EW faults.

Sample security

· The measures taken to ensure sample security.

· Sample security is unclear and cannot be verified by East Star.

Audits or reviews

· The results of any audits or reviews of sampling techniques and data.

· No audits were undertaken for this work.

Section 2 Reporting of Exploration Results

Criteria

JORC Code explanation

Commentary

Mineral tenement and land tenure status

· Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings.

· The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area.

· The Rulikha polymetallic Deposit is partially located in the eastern part of exploration license 1799-EL (the ‘License’). The license was issued to Rudny Resources Limited on 28 July 2022 for initial period of 6 years with a possibility of further five years extension subject to reduction of the license area by 40%.

· East Star resources have servitude for exploration from the local Akim (administrative head), and local landholders, over some areas within the Licence and the license can be explored under these agreements. Additional agreements will be required for the Rulikha deposit.

· Some other areas within the Licence are restricted in access due to hydrogeological constraints. Additional permission will be required to gain access to drill within these areas.

· There are no known legal or security impediments to obtaining a mining license.

Exploration done by other parties

· Acknowledgment and appraisal of exploration by other parties.

· Table of previously completed exploration

Principal author, year

Period

Exploration

Results

1948

1948

Prospecting and exploration at Talovskoye and Openyshevskoye deposits by Priirtysh Geological Exploration Party.

Identified polymetallic deposits in Rudny Altai, including early recognition of Rulikha and Talovskoye potential.

1950-1954

1950-1953

Prospecting and exploration by Shemonaikha Party of Altai Expedition, focusing on geological mapping and initial drilling.

Confirmed polymetallic mineralization in the Rulikha area, establishing a foundation for further exploration.

1955-1963

1954-1962

Geological mapping, drilling, and reserve calculation by Shemonaikha GRP. Consolidated report in 1957 calculated reserves for Rulikhinskoye.

Delineated Rulikha deposit’s geological structure; reserves calculated as of 01.01.1957, confirming VMS-polymetallic mineralization (Cu, Pb, Zn).

1968

1968

Geological structure and mineral resource assessment of M-44-57-B, G; M-44-58-A-v sheets.

Provided regional geological context, supporting Rulikha’s placement within the Aleysk anticlinorium.

1965-1970

1965-1969

Geological prospecting by Shemonaikha GRP, including geophysical surveys and drilling.

Refined geological and geophysical understanding of Rulikha, identifying ore-hosting structures.

1971

1968-1971

Geological and geophysical work by Priirtyshskaya Party at Rulevsky site.

Further delineated Rulikha’s mineralization, confirming its association with Talovskaya-Gerikhovskaya formation contact.

1979

1979

General prospecting at Buzanikhinsky area, adjacent to Rulikha.

Identified additional mineralization potential near Rulikha, supporting regional prospectivity.

1983

1978-1982

Detailed prospecting by Minsk GRP at Rulikhinsko-Vydrikhinsky area; drilling and geophysical surveys.

Confirmed extent of Rulikha mineralization, refined ore zone boundaries, and identified vein-type ores.

1983

1979-1983

Detailed prospecting by Ubin GRP at Talovsko-Rulevsky area, focusing on Talovskoye and Rulikha flanks.

Positive assessment of Talovskoye; Rulikha flanks showed limited economic potential but warranted further study.

1992

1989-1992

Deep drilling (6,785 m), geophysical logging (6,607 m gamma), 737 geochemical samples, 16 core samples; X-ray spectral analysis for Cu, Pb, Zn, Co, Mo.

Negative assessment for Rulikha deep horizons (to 1000 m); vein-type ores in borehole No. 323 (3.60-5.84% Zn) uneconomic. Talovskoye deemed promising with P1/P2 resources, recommended for further drilling (9,250 m).

1948

1948

Prospecting and exploration at Talovskoye and Openyshevskoye deposits by Priirtysh Geological Exploration Party.

Identified polymetallic deposits in Rudny Altai, including early recognition of Rulikha and Talovskoye potential.

ESR

2024

Drilling of six verification and in-fill holes, topography survey, development of lithological model

MRE report

Geology

· Deposit type, geological setting, and style of mineralisation.

· Rulikha is Volcanogenic Massive Sulphide (VMS) deposit. Historical reports indicate that the type is felsic bimodal (or Kuroko-type).

· The mineralization is lenticular massive and disseminated sulphides hosted in volcaniclastic units sub horizontal units.

· Mineralisation occurs as zinc rich and copper-zinc rich units

· The area has seen post depositional deformation in the form of folding and faulting

Drill hole Information

· A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes:

o easting and northing of the drill hole collar

o elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole collar

o dip and azimuth of the hole

o down hole length and interception depth

o hole length.

· If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case.

· See table 1 for drill hole information and significant intercepts

· No material information has been excluded from this report

Data aggregation methods

· In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (e.g. cutting of high grades) and cut-off grades are usually Material and should be stated.

· Where aggregate intercepts incorporate short lengths of high-grade results and longer lengths of low-grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail.

· The assumptions used for any reporting of metal equivalent values should be clearly stated.

· Significant intercepts are reported for historical results.

· No metal equivalents are reported.

· Results for 5 elements are reported: Cu, Pb, Zn, Au, Ag.

Relationship between mineralisation widths and intercept lengths

· These relationships are particularly important in the reporting of Exploration Results.

· If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported.

· If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (e.g. ‘down hole length, true width not known’).

· The ore bodies are generally concordant to lithology.

· Drill holes were generally drilled vertically.

· Reported intercepts are therefore interpreted to be reasonably representative of true thickness, although this cannot be quantified at this stage of work.

Diagrams

· Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include but not be limited to a plan view of drill hole collar locations and appropriate sectional views.

· Relevant diagrams have been included in the body text.

Balanced reporting

· Where comprehensive reporting of all Exploration Results is not practical, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results.

· Grades below the cut off parameters have not been reported with these results. However, the mineralization has been noted within East Star’s models and will inform future work.

Other substantive exploration data

· Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances.

· Not applicable.

Further work

· The nature and scale of planned further work (e.g. tests for lateral extensions or depth extensions or large-scale step-out drilling).

· Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.

· East star is planning to model the historical results to understand economic viability. This may be followed by verification drilling and resource estimation.

· Adjacent licenses are under application

· Map of planned and completed drillholes is included in the body text.

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Beijing to Scrap Platinum Import Tax Rebate, Opening Market to New Entrants

China will end a two-decade-old platinum tax rebate for its state-owned importer, potentially opening the market for new entrants.

According to a Bloomberg report, the Ministry of Finance announced that effective November 1, it will begin collecting a 13 percent value-added tax (VAT) on sales of domestically produced and imported platinum, including imports of platinum jewelry.

The change effectively dismantles the long-standing monopoly held by China Platinum, which had been the only entity allowed to import platinum tax-free since 2003.

“Removing the VAT refund actually is quite a significant step for the platinum market in China,” said Weibin Deng, regional head for Asia Pacific at the World Platinum Investment Council. “Potential rival firms had been suffering for many years because the policy was only granted to one particular company.”

With the tax advantage gone, analysts expect new entrants to begin competing in the Chinese market for the first time in years.

“As new entrants begin trading platinum on an equal footing, a more liquid two-way market should develop,” Deng added, noting that industrial users would finally be able to hedge against price swings.

On Monday (October 20), platinum prices on the Shanghai Gold Exchange surged to a premium of more than 10 percent over global benchmark spot prices as traders scrambled to lock in purchases before the November 1 deadline.

Platinum has been one of the best-performing commodities in 2025, climbing roughly 77 percent to breach US$1,600 per ounce—its highest level since 2013.

About 70 percent of global platinum demand comes from the automotive and industrial sectors, where the metal is used in catalytic converters and laboratory equipment, while jewelry accounts for nearly a quarter of consumption.

According to the World Platinum Investment Council’s Q2 Platinum Quarterly, global mine supply is expected to fall 6 percent this year to 5.43 million ounces, deepening an 850,000-ounce deficit that marks the third consecutive year of shortages.

South Africa, which produces about 70 percent of the world’s platinum, has faced prolonged operational and energy constraints, further squeezing output.

Demand, meanwhile, appears resilient. Analysts point to the sustained use of platinum in hybrid vehicle catalytic converters and its growing role in hydrogen fuel cells as key demand drivers.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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