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New VMS Licence Award at Rulikha Deposit

EditorialBy EditorialOctober 21, 2025No Comments28 Mins Read

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

With your entire IP anomaly at Rulikha now beneath 100% possession by East Star, execution of the following section of exploration can start. Further historic drilling throughout the newly awarded Licence has additionally been included in East Star’s ongoing evaluation of each the Rulikha Deposit and its geological interpretation of the Rulikha IP anomaly. Some highlighted intersections from the historic drilling are under.

Highlights of Historic Intersections Inside 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 three.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 historic drill holes are presently being modelled to offer an Exploration Goal and assess the Affordable Prospects for Financial Extraction (RPEE).

Alex Walker, East Star CEO, commented:

“East Star is increasing its VMS alternatives by way of this extra extremely potential exploration licence, including a second soviet-era deposit to our East Area property. Though allowing is anticipated to be extra arduous as a result of proximity to a settlement, at lower than 2km from an current rail line and 11km from an underfed mill, we’re wanting to assess the potential financial viability of this accretion, in a area which has been mined because the mid-1700s.

In remodelling such detailed historic knowledge, East Star will be capable of assess the affordable prospects for financial extraction previous to on the bottom exploration and due to this fact, like Verkhuba, we’ll undertake a low-cost exploration marketing campaign to confirm the information and convert the exploration goal to a JORC Useful resource.

We’re grateful for the help from the Shemonaikha District in permitting us to use for the Licence and we stay up for updating the market on future exploration actions.”

Additional Data

A map of a large area AI-generated content may be incorrect.

Determine 1: Highlighted historic drill intersections within the newly awarded licence space in addition to the whole East Star IP anomaly

Historical past of the Rulikha Deposit

The Rulikha Deposit and geophysical targets are located 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). Situated throughout the Rulikhinskoe-Vydrikhinskoe Ore Discipline within 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 a part of a broader geological exploration effort within the area, performed by the East Kazakhstan Geological Exploration Expedition beneath the Ministry of Geology of the USSR and later the Republic of Kazakhstan.

The Rulikha Deposit was found within the Forties and delineated throughout exploration as much as the Nineteen Eighties, adopted by detailed prospecting from 1989-1992. The key historic work programmes included:

· 1940-Fifties: Early prospecting by the Shemonaikha Celebration of the Altai Exploration Group recognized polymetallic mineralisation. A consolidated report in 1957 (Utrobin et al.) calculated GKZ sources for the Rulikhinskoye (Rulikha) deposit.

· Nineteen Sixties-Nineteen Seventies: Geological and geophysical work by the Shemonaikha Geological Reconnaissance Celebration (GRP) and Priirtyshskaya Celebration refined the geological construction and mineralisation of the deposit.

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

· 1989-1992: Deep exploration drilling to evaluate the mineralisation potential of deeper models (as much as 1000-1200m).

Primarily based on the historic stories, plainly no additional exploration was undertaken since 1992. The final vital exploration programme in 1989-1992 included vital drilling and sampling efforts:

· Whole Drilling – 6,785 linear metres of core drilling throughout 12 exploration boreholes. Drilling grid for Rulikha Deposit: 200 x 100m for C2 class sources (GKZ useful resource categorisation not usually utilized in fashionable useful resource estimates), 400 x 100m or 300 x 200m for P1 class.

· Geochemical Sampling – 737 geochemical samples collected.

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

The outcomes of the historic exploration discovered 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 models from the Center-Higher Devonian boundary. Mineralisation is related to vein-type and stratiform ore lenses. Metallurgical or processing take a look at work for the Rulikha Deposit has not been accomplished to this point.

Contacts:

East Star Sources Plc

Alex Walker, Chief Govt Officer

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

SI Capital (Company Dealer)

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 Sources Plc

East Star Sources is targeted on the invention and growth of copper and gold in Kazakhstan. East Star’s administration are primarily based completely on the bottom, supported by native experience. The Firm is pursuing a number of exploration methods:

· Volcanogenic large sulphide (VMS) exploration, which to this point features a deposit with a maiden JORC MRE of 20.3Mt @ 1.16% copper, 1.54% zinc and 0.27% lead, in an infrastructure-rich area, amenable to a low capex growth

A map of a city AI-generated content may be incorrect.

· Copper porphyry and epithermal gold exploration, with a number of alternatives for Tier 1 deposits, initially supported by an preliminary US$500k grant from BHP Xplor in 2024

Go to our web site:

www.eaststarplc.com

Observe us on social media:

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

X: https://x.com/EastStar_PLC

Subscribe to our electronic mail alert service to be notified each time East Star releases information:

www.eaststarplc.com/newsalerts

The one who organized for the discharge of this announcement was Alex Walker, CEO of the Firm.

This announcement accommodates inside info for the needs of Article 7 of Regulation 2014/596/EU which is a part of home UK regulation pursuant to the Market Abuse (Modification) (EU Exit) Rules (SI 2019/310) (“UK MAR”). Upon the publication of this announcement, this inside info (as outlined in UK MAR) is now thought of to be within the public area.

Competent Individual Assertion

Scientific or technical info on this disclosure associated to exploration was reviewed by Dr Tremain Woods, a full-time worker of Discovery Ventures Kazakhstan Ltd, a 100% owned subsidiary of East Star Sources PLC. Dr Woods is a member in good standing with the Geological Society of South Africa. He has ample expertise that’s related to the commodity, fashion of mineralisation or sort of deposit into consideration and exercise which he’s enterprise to qualify as a Competent Individual beneath the JORC code (2012 Version).

Desk 1 – Important Historic Drill Outcomes

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

Desk 2 – JORC Code, 2012 Version

Part 1 Sampling Methods and Information

Standards

JORC Code clarification

Commentary

Sampling strategies

· Nature and high quality of sampling (e.g. lower channels, random chips, or particular specialised business customary measurement instruments acceptable to the minerals beneath investigation, corresponding to down gap gamma sondes, or handheld XRF devices, and many others). These examples shouldn’t be taken as limiting the broad that means of sampling.

· Embrace reference to measures taken to make sure pattern representivity and the suitable calibration of any measurement instruments or techniques used.

· Features of the dedication of mineralisation which are Materials to the Public Report.

· In instances the place ‘business customary’ work has been completed this could be comparatively easy (e.g. ‘reverse circulation drilling was used to acquire 1 m samples from which 3 kg was pulverised to provide a 30 g cost for fireplace assay’). In different instances, extra clarification could also be required, corresponding to the place there may be coarse gold that has inherent sampling issues. Uncommon commodities or mineralisation varieties (e.g. submarine nodules) could warrant disclosure of detailed info.

· Samples had been taken from diamond drill core by way of sulphide or oxide mineralised intervals.

· Sampling intervals ranged from 0.1 m to over 1.0m

· Pattern high quality was ensured by a GKZ customary calculations to make sure outcomes from X-ray spectral analyses had been consultant

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

· Core samples had been ready by the geological expeditions by slicing the core in half, crushing and milling the samples (the dimensions fractions aren’t recorded however famous as customary fractions), then analysed with X-ray spectral strategies

· No core is offered for verification sampling

Drilling strategies

· Drill sort (e.g. core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, and many others) and particulars (e.g. core diameter, triple or customary tube, depth of diamond tails, face-sampling bit or different sort, whether or not core is oriented and if that’s the case, by what methodology, and many others).

· Drilling was performed utilizing customary HQ sized diamond drilling method.

· Varied drilling campaigns had been performed by geological expeditions as detailed above.

· The drill holes objective ranged from geochemical sampling utilizing KGK strategies (these holes usually are not included within the knowledge for this announcement) to deeper stratigraphic holes. Solely holes with assay knowledge by way of the Rulikha deposit had been included on this announcement.

Drill pattern restoration

· Technique of recording and assessing core and chip pattern recoveries and outcomes assessed.

· Measures taken to maximise pattern restoration and guarantee consultant nature of the samples.

· Whether or not a relationship exists between pattern restoration and grade and whether or not pattern bias could have occurred as a result of preferential loss/achieve of positive/coarse materials.

· Core restoration was a mean of 42%, the full vary was from 17 – 66% restoration

· Restoration logs are unavailable for drill gap knowledge base, so the connection between restoration and grade has not been evaluated.

Logging

· Whether or not core and chip samples have been geologically and geotechnically logged to a degree of element to help acceptable Mineral Useful resource estimation, mining research and metallurgical research.

· Whether or not logging is qualitative or quantitative in nature. Core (or costean, channel, and many others) pictures.

· The overall size and proportion of the related intersections logged.

· Geologists from the varied corporations and expeditions accomplished logging.

· The logging was authorised by the committee for geology.

· Sections and plan maps had been out there to confirm geology and construction.

· East Star geologists had been capable of affirm the geology at floor with geological mapping at a scale of 1:2000 in 2024.

· Roughly 80% of the logged sections had been out there for this announcement, strip logs and extra info has been requested to tell future work.

Sub-sampling strategies and pattern preparation

· If core, whether or not lower or sawn and whether or not quarter, half or all core taken.

· If non-core, whether or not riffled, tube sampled, rotary break up, and many others and whether or not sampled moist or dry.

· For all pattern varieties, the character, high quality, and appropriateness of the pattern preparation method.

· High quality management procedures adopted for all sub-sampling phases to maximise representivity of samples.

· Measures taken to make sure that the sampling is consultant of the in-situ materials collected, together with as an example outcomes for subject duplicate/second-half sampling.

· Whether or not pattern sizes are acceptable to the grain measurement of the fabric being sampled.

· Half core samples had been collected for processing.

· Sub sampling strategies aren’t clearly recorded within the stories out there.

High quality of assay knowledge and laboratory exams

· The character, high quality and appropriateness of the assaying and laboratory procedures used and whether or not the method is taken into account partial or complete.

· For geophysical instruments, spectrometers, handheld XRF devices, and many others, the parameters utilized in figuring out the evaluation together with instrument make and mannequin, studying occasions, calibrations elements utilized and their derivation, and many others.

· Nature of high quality management procedures adopted (e.g. requirements, blanks, duplicates, exterior laboratory checks) and whether or not acceptable ranges of accuracy (i.e. lack of bias) and precision have been established.

· The samples had been analyzed utilizing X-ray spectral evaluation, which requires finely powdered, homogeneous samples to make sure correct detection of parts (Cu, Pb, Zn, Au and Ag).

· It is unclear if Au and Ag analyses had been performed on all samples analysed

· The preparation would have been tailor-made to provide a pattern appropriate with the X-ray spectrometer, usually involving urgent the powdered pattern right into a pellet or fusing it right into a glass bead for evaluation, although the stories don’t specify these steps.

· X-ray spectral strategies had been generally utilized in historic exploration within the soviet period. The strategies have been subsequently changed by fashionable analytical strategies, nonetheless, they’re typically seen as having produced correct outcomes. The standard of the information has solely been evaluated as reported traditionally by East Star geologists and have been represented as such on this announcement.

Verification of sampling and assaying

· The verification of serious intersections by both unbiased or various firm personnel.

· Using twinned holes.

· Documentation of major knowledge, knowledge entry procedures, knowledge verification, knowledge storage (bodily and digital) protocols.

· Focus on any adjustment to assay knowledge.

· Sampling knowledge has been in contrast between stories.

· No verification sampling of the historic assays has been performed.

Location of information factors

· Accuracy and high quality of surveys used to find drill holes (collar and down-hole surveys), trenches, mine workings and different places utilized in Mineral Useful resource estimation.

· Specification of the grid system used.

· High quality and adequacy of topographic management.

· Drill holes had been surveyed utilizing Garmin GPSMAP 62S handheld GPS machine. DGPS surveys are deliberate as soon as all drilling is accomplished.

· Grid system WGS84, UTM44N.

· 20 historic drill holes have been situated within the space throughout mapping actions in 2023-2024.

· Some errors had been famous within the elevation readings (from 5 – 14 m errors), these had been adjusted to the elevation values of the SRTM topography over the realm.

Information spacing and distribution

· Information spacing for reporting of Exploration Outcomes.

· Whether or not the information spacing and distribution is ample to ascertain the diploma of geological and grade continuity acceptable for the Mineral Useful resource and Ore Reserve estimation process(s) and classifications utilized.

· Whether or not pattern compositing has been utilized.

· Historic drilling grid for the Rulikha deposit: 200 x 100 m for C2 class sources, 400 x 100 m or 300 x 200 m for P1 class.

· Geological distribution is ample for an exploration goal or preliminary Useful resource calculations.

· Important intercepts are reported for outcomes from 2024 drilling utilizing the next parameters:

Parameter

Report 1

Report 2

Report 3

Ingredient

Cu

Cu

Zn

Min Reduce-off Grade %

1

0.3%

0.8%

Max Reduce-off Grade %

n/a

n/a

n/a

Min Intercept Size (metres)

n/a

2m

n/a

Most Consecutive Inner Waste (m)

2m

2m

2m

Minimal Intercept Grade %

n/a

All (no filter)

All (no filter)

Co-elements in report

Pb, Zn

Pb, Zn

Cu, Pb

·

Orientation of information in relation to geological construction

· Whether or not the orientation of sampling achieves unbiased sampling of doable constructions and the extent to which that is identified, contemplating the deposit sort.

· If the connection between the drilling orientation and the orientation of key mineralized constructions is taken into account to have launched a sampling bias, this needs to be assessed and reported if materials.

· Samples had been reportedly taken for intervals with vital sulphide mineralization.

· The ore physique typically dips 10 to 25° to the SW. In some components of the deposit the ore physique dips steeper 40. These steeper areas of mineralization are interpreted to be the results of put up mineralization deformation.

· The ore physique is lower by NS and EW faults.

Pattern safety

· The measures taken to make sure pattern safety.

· Pattern safety is unclear and can’t be verified by East Star.

Audits or evaluations

· The outcomes of any audits or evaluations of sampling strategies and knowledge.

· No audits had been undertaken for this work.

Part 2 Reporting of Exploration Outcomes

Standards

JORC Code clarification

Commentary

Mineral tenement and land tenure standing

· Kind, reference identify/quantity, location and possession together with agreements or materials points with third events corresponding to joint ventures, partnerships, overriding royalties, native title pursuits, historic websites, wilderness or nationwide park and environmental settings.

· The safety of the tenure held on the time of reporting together with any identified impediments to acquiring a licence to function within the space.

· The Rulikha polymetallic Deposit is partially situated within the japanese a part of exploration license 1799-EL (the “License”). The license was issued to Rudny Sources Restricted on 28 July 2022 for preliminary interval of 6 years with a chance of additional 5 years extension topic to discount of the license space by 40%.

· East Star sources have servitude for exploration from the native Akim (administrative head), and native landholders, over some areas throughout the Licence and the license might be explored beneath these agreements. Further agreements can be required for the Rulikha deposit.

· Another areas throughout the Licence are restricted in entry as a result of hydrogeological constraints. Further permission can be required to achieve entry to drill inside these areas.

· There aren’t any identified authorized or safety impediments to acquiring a mining license.

Exploration completed by different events

· Acknowledgment and appraisal of exploration by different events.

· Desk of beforehand accomplished exploration

Principal writer, yr

Interval

Exploration

Outcomes

1948

1948

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

Recognized polymetallic deposits in Rudny Altai, together with early recognition of Rulikha and Talovskoye potential.

1950-1954

1950-1953

Prospecting and exploration by Shemonaikha Celebration of Altai Expedition, specializing in geological mapping and preliminary drilling.

Confirmed polymetallic mineralization within the Rulikha space, establishing a basis for additional 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 construction; reserves calculated as of 01.01.1957, confirming VMS-polymetallic mineralization (Cu, Pb, Zn).

1968

1968

Geological construction and mineral useful resource evaluation of M-44-57-B, G; M-44-58-A-v sheets.

Supplied regional geological context, supporting Rulikha’s placement throughout the Aleysk anticlinorium.

1965-1970

1965-1969

Geological prospecting by Shemonaikha GRP, together with geophysical surveys and drilling.

Refined geological and geophysical understanding of Rulikha, figuring out ore-hosting constructions.

1971

1968-1971

Geological and geophysical work by Priirtyshskaya Celebration at Rulevsky web site.

Additional delineated Rulikha’s mineralization, confirming its affiliation with Talovskaya-Gerikhovskaya formation contact.

1979

1979

Common prospecting at Buzanikhinsky space, adjoining to Rulikha.

Recognized further mineralization potential close to Rulikha, supporting regional prospectivity.

1983

1978-1982

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

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

1983

1979-1983

Detailed prospecting by Ubin GRP at Talovsko-Rulevsky space, specializing in Talovskoye and Rulikha flanks.

Optimistic evaluation of Talovskoye; Rulikha flanks confirmed restricted financial potential however warranted additional examine.

1992

1989-1992

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

Unfavourable evaluation 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 sources, beneficial for additional drilling (9,250 m).

1948

1948

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

Recognized polymetallic deposits in Rudny Altai, together with early recognition of Rulikha and Talovskoye potential.

ESR

2024

Drilling of six verification and in-fill holes, topography survey, growth of lithological mannequin

MRE report

Geology

· Deposit sort, geological setting, and magnificence of mineralisation.

· Rulikha is Volcanogenic Large Sulphide (VMS) deposit. Historic stories point out that the kind is felsic bimodal (or Kuroko-type).

· The mineralization is lenticular large and disseminated sulphides hosted in volcaniclastic models sub horizontal models.

· Mineralisation happens as zinc wealthy and copper-zinc wealthy models

· The realm has seen put up depositional deformation within the type of folding and faulting

Drill gap Data

· A abstract of all info materials to the understanding of the exploration outcomes together with a tabulation of the next info for all Materials drill holes:

o easting and northing of the drill gap collar

o elevation or RL (Lowered Stage – elevation above sea degree in metres) of the drill gap collar

o dip and azimuth of the outlet

o down gap size and interception depth

o gap size.

· If the exclusion of this info is justified on the idea that the data isn’t Materials and this exclusion doesn’t detract from the understanding of the report, the Competent Individual ought to clearly clarify why that is the case.

· See desk 1 for drill gap info and vital intercepts

· No materials info has been excluded from this report

Information aggregation strategies

· In reporting Exploration Outcomes, weighting averaging strategies, most and/or minimal grade truncations (e.g. slicing of excessive grades) and cut-off grades are normally Materials and needs to be acknowledged.

· The place mixture intercepts incorporate brief lengths of high-grade outcomes and longer lengths of low-grade outcomes, the process used for such aggregation needs to be acknowledged and a few typical examples of such aggregations needs to be proven intimately.

· The assumptions used for any reporting of steel equal values needs to be clearly acknowledged.

· Important intercepts are reported for historic outcomes.

· No steel equivalents are reported.

· Outcomes for five parts are reported: Cu, Pb, Zn, Au, Ag.

Relationship between mineralisation widths and intercept lengths

· These relationships are notably necessary within the reporting of Exploration Outcomes.

· If the geometry of the mineralisation with respect to the drill gap angle is thought, its nature needs to be reported.

· If it isn’t identified and solely the down gap lengths are reported, there needs to be a transparent assertion to this impact (e.g. ‘down gap size, true width not identified’).

· The ore our bodies are typically concordant to lithology.

· Drill holes had been typically drilled vertically.

· Reported intercepts are due to this fact interpreted to be fairly consultant of true thickness, though this can’t be quantified at this stage of labor.

Diagrams

· Applicable maps and sections (with scales) and tabulations of intercepts needs to be included for any vital discovery being reported These ought to embrace however not be restricted to a plan view of drill gap collar places and acceptable sectional views.

· Related diagrams have been included within the physique textual content.

Balanced reporting

· The place complete reporting of all Exploration Outcomes isn’t sensible, consultant reporting of each high and low grades and/or widths needs to be practiced to keep away from deceptive reporting of Exploration Outcomes.

· Grades under the lower off parameters haven’t been reported with these outcomes. Nonetheless, the mineralization has been famous inside East Star’s fashions and can inform future work.

Different substantive exploration knowledge

· Different exploration knowledge, if significant and materials, needs to be reported together with (however not restricted to): geological observations; geophysical survey outcomes; geochemical survey outcomes; bulk samples – measurement and methodology of remedy; metallurgical take a look at outcomes; bulk density, groundwater, geotechnical and rock traits; potential deleterious or contaminating substances.

· Not relevant.

Additional work

· The character and scale of deliberate additional work (e.g. exams for lateral extensions or depth extensions or large-scale step-out drilling).

· Diagrams clearly highlighting the areas of doable extensions, together with the primary geological interpretations and future drilling areas, offered this info isn’t commercially delicate.

· East star is planning to mannequin the historic outcomes to know financial viability. This can be adopted by verification drilling and useful resource estimation.

· Adjoining licenses are beneath software

· Map of deliberate and accomplished drillholes is included within the physique textual content.

This info is offered by RNS, the information service of the London Inventory Change. RNS is authorised by the Monetary Conduct Authority to behave as a Major Data Supplier in the UK. Phrases and circumstances regarding the use and distribution of this info could apply. For additional info, please contact rns@lseg.com or go to www.rns.com

.

RNS could use your IP deal with to verify compliance with the phrases and circumstances, to analyse the way you have interaction with the data contained on this communication, and to share such evaluation on an anonymised foundation with others as a part of our industrial companies. For additional details about how RNS and the London Inventory Change use the private knowledge you present us, please see our Privateness Coverage.

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