Announcement • Jun 21

Adyton Resources Corporation Receives Approval for 20,000 Tonne Bulk Sample Extraction and Processing At Wapolu Gold Project

Adyton Resources Corporation had the Mineral Resources Authority (MRA) approve Adyton's application to vary Exploration Licence EL 2549, enabling bulk sample extraction and processing at the Wapolu Gold Project as part of preparations for the recommencement of mining operations. The approved variation permits the extraction and on-site processing of a bulk sample of approximately 20,000 tonnes for the purposes of process flow sheet optimisation, metallurgical testing, and the production of bulk concentrate samples for customer evaluation and product qualification. The approval of the Exploration Licence variation to enable bulk sampling is an important step forward in the strategy to restart mining operations at Wapolu. The ability to mobilise ahead of Mining Lease approval enables acceleration of key development activities including, metallurgical testing, process optimisation and the production of concentrate samples for customer qualification and pricing. The approval keeps the company on track as it works to unlock the value of this high-quality gold project and progress Wapolu towards production. Exploration Licence (EL) 2549, which hosts the Wapolu Gold Project, is currently the subject of an Environment Permit application, Mining Lease Application (ML) 1390, and Lease for Mining Purposes (LMP) 152. Together, these statutory approvals are intended to support the recommencement of mining operations at the historic Wapolu Mine. The ML application covers the proposed mining and processing activities, while the LMP application relates to supporting infrastructure, including facilities such as airstrips and associated project infrastructure. The Mine Warden's Hearing for ML 1390 was recently completed, representing a significant milestone in the permitting process and demonstrating continued progress toward securing the approvals required to restart mining operations. The approved variation to EL 2549 will enable Adyton to undertake advanced development and testing activities on the ground while the Environment Permit, Mining Lease and LMP applications continue through the approval process.

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Adyton Resources Corporation Receives Approval for 20,000 Tonne Bulk Sample Extraction and Processing At Wapolu Gold Project

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