Revolver Resources Holdings Limited announce that it has entered into a Farm-In style agreement with Colt Resources Pty Ltd. for exploration ground integral to the ongoing regional identification of VMS mineralisation in the Dianne precinct. The binding commercial agreement enables Revolver to earn up to 70% direct ownership in return for $60,000 of in-ground exploration expenditure. The newly secured exploration ground comprises a discrete 4 sub block area (approximately 13 square kilometers) of the larger nearby EPM 27411.

Recent geological reconnaissance and laboratory assays from surface sampling completed by Revolver during a period of due diligence has revealed an extensive area of anomalous copper, gold and cobalt mineralisation. Geological mapping has also identified a gossan, the surface expression of weathered mineralisation, that continues over a strike length of at least 1.5km along the trend. As demonstrated in other geological provinces, VMS deposits occur in clusters on a district scale that collectively support multi-generational mining operations.

Revolver's detailed work at Dianne has identified a blueprint for advancing exploration in the broader region and the ability to recognise the priority geology to be exploring. The current strategic acquisition and JV is based purely on technical merit after completing a significant amount of due diligence in identifying an area of the Hodgkinson Formation understood to be highly prospective for `Dianne-style" polymetallic VMS deposits. The new tenure is an important step in the Company's growth aspirations to define multiple high-grade VMS resources to support and compliment the progress that the Company have been making at Dianne.

The tenement overlies part of a distinct belt within the Hodkinson Formation, known as the Larramore Metabasalt Member, which is a NNW-trending belt dominantly associated with basic (spilitic) lava flows or sills akin to the host rocks identified at Dianne. At various stratigraphic levels within the immediate volcanogenic sequence are a number of thin and discontinuous lenses of laminated chert/quartzite that are laterally persistent over several kilometers and host strataform manganiferous and pyritic/jarosistic gossans. The chert horizons are interpreted to be submarine volcanogenic origin involving submarine exhalative activity co-incident with evidence of the deposition of sulphide (preserved at gossans) and as such are highly prospective for the deposition of VMS deposits (White Industries, 1982).

As part of the due diligence on the acquisition, Revolver completed field reconnaissance programs in high priority areas within EPM 27411. This work was prioritized around ground- truthing areas of notable historic on-ground exploration work including geological mapping, soil and stream sediment and trench sampling, historic drill locations and ground-geophysical anomalies (IP gradient array). The Revolver geological team focused on outcrop and channel sampling, rock chip grab and stream float characterization sampling within, and along strike of a number of known historic prospects, notable Debrah and Gossan Ridge (surface features were tracked to the visible extent (e.g., gossan and chert outcrop)).

A total of 390 geochemistry samples was taken. The prospective trends show clear anomalous geochemistry over encouraging scale, extending over several kilometers strike length from the Gossan Ridge North prospect (Cu- Co (Zn-Pb) ± (As-Sb-Te)), through Gossan Ridge prospect (Cu-Co (Zn-Au) ± (Mo-As-Sb)), to the Debrah prospect (Cu-Co-Au ± (Bi-Te)). A clear geochemical signature, strongly anomalous in copper (up to 0.19%), gold (up to 7.29 g/t) and cobalt (up to 174 ppm) as well a range of pathfinder elements (Zn-Pb-As-Sb-Te-Mo) is consistent with that expected for volcanic massive sulphide (VMS) systems and similar to that observed at Dianne.

The completed transaction takes the form of a Joint Venture (JV) agreement between the Company and Colt Resources Pty Ltd. (Colt). The area of interest is a 4 sub-block region within the larger 99 sub-block EPM 27411 owned by Colt. Under Queensland Government tenure legislation, the sale of sub-blocks within and EPM is not permitted.

The JV has consequently been constructed to fit within these restrictions and is focused only on the 4 sub-blocks of interest. The key terms of the Transaction are: a. If before 6 December 2024, Revolver expends: i. $40,000 on Exploration on the Sub Blocks, then Revolver's Percentage Share in the JV over those sub-blocks will be 50%; and ii. If a further $20,000 is expended on Exploration on the Sub Blocks, then Revolver's Percentage Share in the JV over those sub-blocks will be 70%.

b. At the sole discretion of Revolver, a high order tenure application may be made on the Sub-blocks. c. Colt will consent to Revolver registering and holding a mortgage over the sub blocks up until tenure upgrade decision is made. d. Revolver has a 10-year time limit/deadline to decide to progress tenure to a higher order, and will be responsible for sole funding on the sub blocks for any such progress.