Announcements

The Company is pleased to advise that a 2,000m RC drill program has re-commenced at the Glencoe gold deposit (“Glencoe”) which is located on a granted Mineral Lease approximately 170 km south of Darwin, and 3 km north of PNX’s Fountain Head Gold Project in the Pine Creek region of the Northern Territory.  Drilling will predominantly focus on testing the ‘Eastern Zone’ extensional area, and increasing geological confidence within the current Mineral Resource Estimate. Significantly, during recent geological field mapping and sampling, numerous occurrences of coarse gold were detected at surface in a discontinuous sub-cropping quartz vein traced for over

The Company advises the outcome of the resolutions considered by Shareholders at the Company’s Annual General Meeting held earlier today, 27 October 2021.  All resolutions were decided by way of a poll.

Notice of Meeting for the Annual General Meeting to be held 10:30am Weds 27 October 2021, level 3/170 Frome Street, Adelaide

Appendix 4G with Key to Disclosures for 2021 Corporate Governance Statement.

The Company is pleased to advise that it has received assay results from rock chip samples taken during geological mapping of the Glencoe gold deposit (“Glencoe”) and the surrounding area. Glencoe is located on a granted Mineral Lease approximately 170 km south of Darwin and 3km north of PNX’s Fountain Head Gold Project in the Pine Creek region of the Northern Territory. Numerous high-grade gold values in excess of 1.0g/t were returned from the newly defined ‘Eastern Zone’, including 6.02g/t Au (TGU5467), 4.04g/t Au (TGU5459) and 3.05g/t Au (TGU5486). These samples were collected from outcropping quartz-sulphide veined and altered mafic rocks

The Company is pleased to advise that it has successfully completed 27 reverse circulation drill holes for 2,352 metres at the Glencoe gold deposit (“Glencoe”). Glencoe is located on a granted Mineral Lease approximately 170 km south of Darwin and 3 km north of PNX’s Fountain Head Gold Project in the Pine Creek region of the Northern Territory. Glencoe represents a ‘bolt-on’ asset that has significantly expanded the proposed Fountain Head development. In a highly successful first drill program at Glencoe, immediate extensions to near-surface gold mineralisation were intersected, extending the strike by more than 200 metres to the southeast of

The Company is pleased to advise that it has received assay results from reverse circulation drilling of ‘near-mine’ exploration targets at the Fountain Head Gold Project (“Fountain Head”).  Fountain Head is 100% owned by PNX and located on granted Mineral Leases approximately 170km south of Darwin in the Pine Creek region of the Northern Territory.

The Company is pleased to advise that a reverse circulation (RC) drill program of up to 2,000 metres has commenced at the Glencoe gold deposit (“Glencoe”). Approximately 1/3 of the drill program is designed to test for immediate extensions where near-surface gold anomalism highlights along-strike potential, with the remainder to be drilled within the boundary of the Mineral Resource to increase geological confidence. Glencoe is located on a granted Mineral Lease approximately 170km south of Darwin and 3km to the north of PNX’s Fountain Head Gold Project in the Pine Creek region of the Northern Territory.

The Company is pleased to advise that it has engaged Como Engineers Pty Ltd (“Como”) to assist with fast-tracking the Fountain Head Gold Project development. Fountain Head is 100% owned by PNX and located on granted Mineral Leases approximately 170km south of Darwin in the Pine Creek region of the Northern Territory, and is part of a broader sequential development strategy that includes the Hayes Creek Project (refer ASX release 17 June 2021 ‘Positive PFS supports long-term gold, silver, zinc Project development’). Como is an experienced and well-regarded engineering group that specialises in ‘fit for purpose’ solutions and utilises modular

The Company is pleased to advise that a reverse circulation drill program of up to 2,800 metres has commenced at the Fountain Head Gold Project (“Fountain Head”). The program aims to test newly identified exploration targets with the potential to host additional ‘near-mine’ gold resources. Fountain Head is 100% owned by PNX and located on granted Mineral Leases approximately 170 km south of Darwin in the Pine Creek region of the Northern Territory.