Inflection Resources Ltd. provided an update on a large-scale geophysical survey in New South Wales, Australia conducted under an exploration agreement (the "Exploration Agreement") with AngloGold Ashanti Australia Limited ("AngloGold") and in partnership with Fleet Space Technologies ("Fleet Space"). Summary Highlights: Inflection and Fleet Space have initiated a ~1,800 Km2 Ambient Noise Tomography ("ANT") Survey using the real-time ANT survey capabilities of their end-to-end mineral exploration solution, ExoSphere, across the Inflection portfolio of projects in New South Wales, all of which are included as part of the Exploration Agreement with AngloGold; The aim of the survey is to collect large-scale, 3D subsurface data to identify belt-scale architecture including potential cross-arc structures which are known to vector fluid flow and often influence the emplacement of large-scale intrusive bodies and mineral systems; The outputs of the survey will be incorporated into Inflection's evolving interpretation of the Macquarie Arc under a blanket of post-mineral cover with the goal of prioritising the existing drill targets and potentially generating new ones. The aim of the survey is To collect large, homogeneous, multimodal, 3D subsurface primary data to identify belt-scale Architecture including large intrusive bodies and potential cross-arc structures.

Cross-arc structures are widely considered important in the Macquarie Arc and in other volcanic arcs elsewhere as they are known to vector fluid flow, and often influence the empl placement of large-scale intrusive bodies, mineral systems. The outputs of the surveys will be applied to Inflection's evolving interpretation of The post-mineral covered, northern extension of the Macquarie Arc with the goal of prioritising The goal of prioritising the existing targets and potentially generating new ones". Inflection and Fleet Space Technologies are pioneering the use of space technology and AI to accelerate the discovery of large-scale copper-gold deposits in Australia's Macquarie Arc. Leveraging the real-time ANT surveys of Fleet Space's end-to-end mineral Exploration solution, ExoSphere, Inflection identified several new priority targets located beneath a thick sequence of sedimentary cover masking the underlying, older prospective geology on its Duck Creek project.

Inflection had attempted a variety of geophysical survey techniques to explore for copper and gold in the basement rocks over the Duck Creek Project area, however, the depth of post-mineral sedimentary cover and the conductivity of those sediments proved challenging. This led Inflection to deploy Fleet Space's ExoSphere over the area, taking advantage of its high-resolution imaging to depths of 2.5 kilometres, which is ineffective to conductive elements in the sedimentary cover, including groundwater. The subsurface insights delivered by ExoSphere's geophysical surveys at the Duck Creek Project enabled Inflection to identify multiple new high priority drill targets.

The 3D models generated by ExoSphere detected low-velocity zones in areas where earlier scout drilling showed alteration typical of that seen in proximity to other alkalic copper-gold porphyry systems in the Macquarie Arc.